How landlord won tax relief on Rs 14.96 lakh demonetisation cash deposit​on October 3, 2026 at 4:31 pm

The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) recently held that rental income already disclosed to the income tax authorities can be considered as an identifiable source of cash deposited into a bank account at a later date. Even where a landlord claims to have collected rent in cash, the subsequent deposit of that money cannot be disregarded merely because the rental earnings have already been taxed.