ITAT Grants One More Opportunity in Rs 3.35 Crore Unexplained Money Case After CIT(A) and AO Both Decide Ex Parte:

ITAT Grants One More Opportunity in Rs 3.35 Crore Unexplained Money Case After CIT(A) and AO Both Decide Ex Parte

The ITAT remands the Rs 3.35 crore unexplained cash deposits and withdrawals case for fresh consideration after observing that both the CIT(A) and AO had passed ex parte orders.

Case Restored After Noting Compliance Was Not Intentional

authorSaloni KumaridateSep 3, 2026
Last update on Sep 3, 2026
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ITAT Grants One More Opportunity in Rs 3.35 Crore Unexplained Money Case After CIT(A) and AO Both Decide Ex Parte

The ITAT remands the Rs 3.35 crore unexplained cash deposits and withdrawals case for fresh consideration after observing that both the CIT(A) and AO had passed ex parte orders.

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Saloni Kumari

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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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