The ITAT observed that the assessee, engaged in iron and steel trading, had no maintained books of accounts, making Section 44AD presumptive taxation provisions applicable. It ruled that ...
In the case of Balu Vignesh Vs ACIT, the Income Tax Appellate Tribunal (ITAT) Chennai addressed an appeal for the Assessment Year 2017-18 concerning a cash deposit of Rs. 53.23 lakh made by the ...