Brahmaputra Infrastructure Wins ITAT Tax Ruling

Brahmaputra Infrastructure received a favourable ITAT, New Delhi ruling for Assessment Year 2015-16, deleting 90% of a Rs. 53.50 Lacs addition.
The addition was made under Section 68 of the Income Tax Act, 1961, on account of cash deposits by the Assessing Officer.
Post this ruling, the company states there are no pending income tax cases before any forum.