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
Saloni Kumari
May 31, 2026
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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.
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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].
StudyCafe
Delhi, Delhi, India
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