The Madras High Court has applauded the Government for introducing Faceless E-assessment facilities while also cautioning the authorities that not all amounts received by a company during the demonetization period which is huge and explained in nature cannot be concluded as unaccounted money. The Assessee Salem Sree Ramavilas Chit Company Pvt. Ltd. contended that the […]
The post Taxability of Amount seized during Demonetization; Madras HC Applauds Govt for Introducing Faceless E-Assessment [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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