No tax on housewives who deposited less than Rs. 2.50 lakhs cash during demonetization : Agra ITAT

INCOME TAX : Section 69A - Cash deposit during demonetization - Assessment Year 2017-18 - During period of demonetization, assessee, a housewife, deposited cash of Rs. 2,11,500 in her bank account - During course of scrutiny assessment, she was asked to explain source of deposit - She submitted that she has no business activities and she only earns income from interest on her saving - The Assessing Officer made addition of total amount deposited in bank account - On appeal,

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