ITAT Agra held that Instruction No. 03/2017, dated 21-2-2017,to the Assessing Officers are statutory and binding on revenue, therefore the Assessing Officer can not tax cash deposit in bank account during Demonetization Scheme, 2016, as unexplained income , the amount less than 2.5 lakhs by and Housewife out her savings since last several years to meet family emergency needs in the case of Smt Uma Aggarwal v ITO 1(3) Gwalior [2021] 127 taxmann.com 735 (Agra - Trib.)
