Old Savings of House Wife taken for Household Expenses can’t be treated as Unaccounted Cash: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi bench, in ‘ Raj Kumar Kakrania v. DCIT ’ held that a sum of Rs 2,25,000/- seized from the appellant cannot be treated as unaccounted cash since the amount was partly from the old savings of the housewife and partly the sum in the hands of Assessee for […]

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