ITAT Holds FDR-Bank Balance Difference Cannot Alone Be Treated as Unexplained Income:
The ITAT Ahmedabad held that mere comparison of year-end investments with six years’ accumulation insufficient to invoke Section 68.
ITAT Deletes Rs. 13.69 Crore Addition Against Charitable Trust
Saima
Sep 14, 2026
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ITAT Holds FDR-Bank Balance Difference Cannot Alone Be Treated as Unexplained Income
The ITAT Ahmedabad held that mere comparison of year-end investments with six years’ accumulation insufficient to invoke Section 68.
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Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
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