None
RU
ITAT Deletes Demonetisation Cash Deposit Addition Based on Widow’s Lifelong Savings
['Author Info', 'Name', 'Qualification', 'Company', 'Location', 'Articles Published', 'View Full Profile', 'More Ca Sandeep Kanoi', 'August']
taxguruin
AdvertisementHemlata Kamalakar Deo Vs ITO (ITAT Mumbai) The Income Tax Appellate Tribunal (ITAT), Mumbai, considered an appeal filed by the assessee against the order dated 13.06.2024 passed under Section 250 of the Income Tax Act, 1961 for Assessment Year 2017-18.
At the outset, the Tribunal examined the delay in filing the appeal.
The assessee, an 80-year-old senior citizen widow, filed an affidavit explaining that her late husband had earned his livelihood by performing bhikshuki services, pujas, and last rites, receiving payments only in cash.
Following his death on 29.10.2014, the accumulated cash sav...