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, 2026
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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.
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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].
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Delhi, Delhi, India
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