ITAT Deletes Section 50C Addition After Reopening-Based Addition Was Deleted:
The ITAT Ahmedabad once the addition forming the basis of reopening is deleted, no fresh addition on another issue can survive.
ITAT Allowed Assessee’s Appeal
Saima
Sep 15, 2026
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ITAT Deletes Section 50C Addition After Reopening-Based Addition Was Deleted
The ITAT Ahmedabad once the addition forming the basis of reopening is deleted, no fresh addition on another issue can survive.
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About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
554My Recent Articles
- High Court Quashes Income Tax Demand Against Contractual Worker Over Misuse of PAN
- ITAT Deletes Rs 2.06 Crore Addition Under Section 68 for Unsecured Loans
- ITAT Holds Section 263 Revision Invalid on Taxability of Interest Under Section 28 of Land Acquisition Act
- ITAT Upholds Section 68 Addition for Bogus Loans But Restricts Estimated Profit to 2% of Sales
- High Court Strikes Down Retrospective Section 147A of Income Tax Act
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