ITAT directs to consider peak calculation
Entire Cash Deposits in Bank cannot be added as Income: ITAT directs to consider peak calculation The assessee runs a wholesale textile business named “M/s. Himanshu Fabrics,” and is Karta of a HUF. The assessee submitted a return of income on September 30, 2012, declaring a total income of Rs.9,19,240/- for the fiscal year 2012-13….