ITAT Deletes Unexplained Credit Addition But Confirms Household Expense and TDS Disallowances:

The ITAT deleted the Rs 28.92 lakh Section 68 addition for unexplained credits; however, it sustained additions for low household withdrawals and TDS defaults on freight expenses.
ITAT Ahmedabad Partly Allows Taxpayer's Appeal

Premium
ITAT Deletes Unexplained Credit Addition But Confirms Household Expense and TDS Disallowances
The ITAT deleted the Rs 28.92 lakh Section 68 addition for unexplained credits; however, it sustained additions for low household withdrawals and TDS defaults on freight expenses.
Also Read
ITAT Deletes Rs 38.21 Lakh Addition on Demonetisation Cash DepositsUnexplained Investment Addition Solely Based on Third Party Statement Cannot Be Sustained Without Supporting Documents, Holds ITATITAT Allows Additional Evidence Due to Assessee’s Inability to Handle E-ProceedingsITAT Restricts Taxable Commission Income from Alleged Accommodation Entries to 0.15% of Total Entries
About Author

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].
StudyCafe
Delhi, Delhi, India
2568My Recent Articles
- High Court Permits Restoration of Cancelled GST Registration on Filing Pending Returns and Paying Outstanding DuesPremium
- ICAI Announces Commencement Dates for CA Final November 2026 Exams Mock Test Series I and II
- Unexplained Investment Addition Solely Based on Third Party Statement Cannot Be Sustained Without Supporting Documents, Holds ITATPremium
- ITAT Restricts Taxable Commission Income from Alleged Accommodation Entries to 0.15% of Total EntriesPremium
- Plastic Sutli Taxable at 18% GST Under HSN 39269099, Rules AARPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts







