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Property dealer deposits ₹54 lakh cash, faces tax demand: Why Delhi ITAT ruled the money was not his taxable income

Livemint 19 August 2026 at 04:59 am 1 min read 3 views Read Original
Property dealer deposits  ₹54 lakh cash, faces tax demand: Why Delhi ITAT ruled the money was not his taxable income

A Delhi ITAT ruling has come to the aid of a property dealer after it deleted a ₹54 lakh tax addition, finding that the cash deposited in his bank account belonged to property buyers. 

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