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
Premium
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.
Also Read
ITAT Deletes Rs 8.56 Lakh Addition, Holds Same Property Cannot Have Different Valuations for Joint OwnersITAT Cancels Rs 42.49 Lakh Penalty Under Section 270A After Setting Aside Income Additions for Fresh AssessmentITAT Slashes Profit Rate from 20% to 11% on Rs 1.42 Crore Liquor Turnover, Deletes Separate Rs 6 Lakh Demonetisation AdditionITAT Restores TDS Credit Case After Finding Merit in Reimbursement Explanation
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
2671My Recent Articles
- ITAT Deletes Rs 8.56 Lakh Addition, Holds Same Property Cannot Have Different Valuations for Joint OwnersPremium
- MCA Extends Deadline for CCFS-2026 up to Sept 15, Providing Companies Another Opportunity to Clear Pending Filings
- ITAT Slashes Profit Rate from 20% to 11% on Rs 1.42 Crore Liquor Turnover, Deletes Separate Rs 6 Lakh Demonetisation AdditionPremium
- ITAT Restores TDS Credit Case After Finding Merit in Reimbursement ExplanationPremium
- ITAT Allows Section 10(38) LTCG Exemption and Deletes Rs 12.62 Lakh Penny Stock Addition After Finding No Evidence of Accommodation EntryPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts