Meena Jewellers Extension (P.) Ltd. v. ACIT (2025) 211 ITD 216 (Hyd) (Trib.)

S. 68 : Cash credits-Loans and advances-Cash deposit-Demonetisation-Best judgement assessment-Matter remanded to CIT(A) [S.69, 144]

Assessee is a  business of trading in jewellery. Assessing Officer made ex-parte assessment order and made additions towards non-current liabilities as unexplained cash credits  and also cash deposited during  Demonetisation. Tribunal remanded the matter to the CIT(A). (AY. 2017-18, 2018-19)

Leave a Reply

Your email address will not be published. Required fields are marked *

*