ITAT Deletes Addition on Bitcoin Bank Deposits, Grants Relief to Student:

ITAT Deletes Addition on Bitcoin Bank Deposits, Grants Relief to Student

Tribunal accepts crypto transaction explanation, deletes addition and penalty considering assessee’s bona fide conduct

Crypto-linked deposits explained; addition and penalty deleted for student

authorMeetu KumaridateApr 4, 2026
Last update on Jul 28, 2026

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Meetu Kumari

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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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