*****Rs 16 lakh cash seized in income tax raid, tax officer calls it unexplained cash; Taxpayer claims it to be family money, he fights and wins the case in ITAT Mumbai

Read more at:https://economictimes.indiatimes.com/wealth/tax/rs-16-lakh-cash-seized-in-income-tax-raid-tax-officer-calls-it-unexplained-cash-taxpayer-claims-it-to-be-family-money-he-fights-and-wins-the-case-in-itat-mumbai/articleshow/133647793.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Anikesh Banerjee, Judicial Member, and Om Prakash Kant, Accountant Member of ITAT Mumbai, recently provided relief from an unexplained cash tax notice under Section

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