similar back drop in connection with
treatment of the encashment of high denomination notes by the
assessee therein on the promulgation of High Denomination Bank ... received in high
denomination notes had been noted. Portions of these entries to the
effect that moneys had been received in high denomination notes were
observed as under:
"The case involving the encashment of high denomination notes are quite
numerous. In some of them, the explanation tendered ... that the assessee held the amount or part of it in high denomination notes. In other
words, in such cases, the assessee was held, prima
observed as under:
"The case involving the encashment of high denomination notes are quite
numerous. In some of them, the explanation tendered ... that the assessee held the amount or part of it in high denomination notes. In other
words, in such cases, the assessee was held, prima
observed as under:
"The case involving the encashment of high denomination notes are quite
numerous. In some of them, the explanation tendered ... that the assessee held the amount or part of it in high denomination notes. In other
words, in such cases, the assessee was held, prima
Suwalka And Suwalka Properties And ... vs Acit, Central Cirlce, Kota, Kota, ... on 3 October, 2024
department to prove that the amount received from the
encashment of high denomination notes was income. Thus, in this
relied upon case the assessee ... 115BBE - assessee had deposited the sum in
high denominations of specified bank notes (SBNs) post
demonetization - CIT-A deleted the addition - HELD THAT:- The
assessee
assessee which shows the receipt
of a sum on conversion of high denomination notes tendered for conversion by
the assessee himself, it is necessary ... from the
assessee and not from the department. In cases of high denomination notes,
where the business ond the state of accounts and dealings
assessee which shows the receipt
of a sum on conversion of high denomination notes tendered for conversion by the
assessee himself, it is necessary ... under:--
In the present case, the assessee claimed that the high denomination notes were
a part of the cash balance at the head-office
assessee which shows
the receipt of a sum on conversion of high denomination notes
tendered for conversion by the assessee himself, it is necessary ... under-
"In the present case, the assessee claimed that the high denomination
notes were a part of the cash balance at the head-office
assessee which shows the receipt
of a sum on conversion of high denomination notes tendered for conversion by
the assessee himself, it is necessary ... under:-
In the present case, the assessee claimed that the high denomination notes were
a part of the cash balance at the head-office
