Business

Cement trader deposited Rs 14.74 lakh during demonetisation; gets tax notice but wins ITAT relief

Times of india Business·11 Nov 2026
Cement trader deposited Rs 14.74 lakh during demonetisation; gets tax notice but wins ITAT relief

The Income Tax Assessing Officer (AO) in Balasore questioned the deposit and estimated the cement trader’s sales by comparing his business activity before and after demonetisation in 2016. Following…

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