Posted inBlog
Pune ITAT Ruling Protects Scrap Dealers from Unexplained Cash Deposit Penalties
Pune ITAT ruling shields scrap dealers from unexplained cash deposit penalties when business turnover is consistently accepted by tax authorities.
Posted inBlog
Tax Tribunal Upholds Cash Deposit Scrutiny Amidst Insufficient Business Proof
Hyderabad ITAT rules that mere submissions and audit reports are insufficient; tangible business proof is essential for explaining cash deposits.