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
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