ITAT Rules in Favor of Rohtak Dealer Over ₹54 Lakh Cash Dispute

The Delhi ITAT ruled in favor of a Rohtak property dealer who deposited ₹54 lakh in cash without filing an ITR. The ruling was based on evidence that the funds belonged to property buyers, not the dealer. This case highlights the importance of proper documentation in tax disputes and the legal nuances surrounding cash transactions in real estate.

⚖️ AI Verdict

"When cash talks, make sure it has the right paperwork!"

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