ITAT Grants Major Relief to Viraj Group, Rules Seized Cash Transactions Cannot Be Taxed Separately:
The ITAT Pune ruled that alleged unaccounted cash transactions recorded in seized cash books of the Viraj Group cannot be taxed separately in the hands of individual directors and entities.
ITAT Holds Alleged Unaccounted Cash Belonged to Common Viraj Group Fund
Saloni Kumari
Jun 1, 2026Premium
ITAT Grants Major Relief to Viraj Group, Rules Seized Cash Transactions Cannot Be Taxed Separately
The ITAT Pune ruled that alleged unaccounted cash transactions recorded in seized cash books of the Viraj Group cannot be taxed separately in the hands of individual directors and entities.
Also Read
Unabated Section 153C Assessment Cannot Be Reopened Without Incriminating Material: ITATITAT Remands Penny Stock LTCG Exemption Case to AO for Fresh Verification of Documentary EvidenceITAT Orders Fresh Assessment After Accepting Additional Documentary EvidenceITAT Remands Case for Fresh Assessment After Finding Assessee’s Submissions Were Not Properly Considered
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
2521My Recent Articles
- CBI Court Sentences Eight Accused to 10 Years Rigorous Imprisonment in Rs 1.97 Crore SBI Loan Fraud Case
- ITAT Remands Penny Stock LTCG Exemption Case to AO for Fresh Verification of Documentary EvidencePremium
- ITAT Remands Case for Fresh Assessment After Finding Assessee’s Submissions Were Not Properly ConsideredPremium
- ITAT Dismissed Appeal as Non-Maintainable for Skipping Initial Filing Before CIT(A)Premium
- ITAT Condones 210-Day Delay, Grants Taxpayer Fresh Opportunity to Prove Source of Demonetisation Cash DepositsPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts