ITAT Holds Third-Party Ledger Alone Cannot Prove Unaccounted Cash Purchases:
The ITAT Chennai rules revenue must establish actual incurrence of expenditure and provide effective opportunity.
ITAT Deletes Rs 1.18 Crore Addition Under Section 69C
Saima
Sep 9, 2026
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ITAT Holds Third-Party Ledger Alone Cannot Prove Unaccounted Cash Purchases
The ITAT Chennai rules revenue must establish actual incurrence of expenditure and provide effective opportunity.
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About Author
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.
StudyCafe
Delhi, Delhi, India
574My Recent Articles
- High Court Rejects Customs Department’s Plea to Condonate 154-Day Delay in Filing Appeal
- ITAT Remands Rs 1.30 Crore Unexplained Money Addition and Penalty for Fresh Hearing
- ITAT Remands Rs 2.20 Crore Addition Under Section 69C for Fresh Examination
- ITAT Remands Interest Addition to CIT(A) for Fresh Adjudication Due to Email Access Issues
- ITAT Upholds Disallowance of Political Donation Deduction Under Section 80GGC
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