ITAT Grants Taxpayer a Final Opportunity to Explain Rs 2.27 Crore Cash Deposits Under Section 69A:

The ITAT remanded the Section 69A assessment on Rs 2.27 crore cash deposits, granting the assessee a final opportunity while imposing Rs 5,000 costs for repeated non-appearance.

ITAT Imposes Rs 5,000 Costs for Repeated Non-Appearance

Saloni Kumari

Jul 15, 2026

Last update on Jul 15, 2026

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ITAT Grants Taxpayer a Final Opportunity to Explain Rs 2.27 Crore Cash Deposits Under Section 69A

The ITAT remanded the Section 69A assessment on Rs 2.27 crore cash deposits, granting the assessee a final opportunity while imposing Rs 5,000 costs for repeated non-appearance.

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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].