Summary
- The Agra Income Tax Appellate Tribunal (ITAT) has deleted a cash addition of ₹9.80 lakh related to demonetisation.
- This decision comes as part of ongoing scrutiny over cash transactions post-demonetisation in India.
- The ruling underscores the ITAT's approach towards assessing the validity of such cash additions made by tax authorities.
- This outcome may influence similar cases involving demonetised currency and tax assessments across the country.
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