Double Taxation Claim Over Mutual Fund Redemption Prompts ITAT Fresh Assessment in Rs 86.51 Lakh Unexplained Investment Case:
ITAT has restored the Rs 86.51 lakh unexplained mutual fund investment addition for fresh assessment, allowing the assessee an opportunity to prove that the investment came from earlier mutual fund redemptions.
ITAT Allows Assessee to Prove Source of Rs 86.51 Lakh Investment
Saloni Kumari
Sep 3, 2026
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Double Taxation Claim Over Mutual Fund Redemption Prompts ITAT Fresh Assessment in Rs 86.51 Lakh Unexplained Investment Case
ITAT has restored the Rs 86.51 lakh unexplained mutual fund investment addition for fresh assessment, allowing the assessee an opportunity to prove that the investment came from earlier mutual fund redemptions.
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Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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