ITAT Quashes Rs 54 Lakh Unexplained Cash Deposit Addition in Property Deal Case:

ITAT deleted the Rs 54 lakh addition, holding that the cash was routed through the bank account as an intermediary in property transactions.
ITAT Deletes Rs 54 Lakh Cash Deposit Addition

Premium
ITAT Quashes Rs 54 Lakh Unexplained Cash Deposit Addition in Property Deal Case
ITAT deleted the Rs 54 lakh addition, holding that the cash was routed through the bank account as an intermediary in property transactions.
Also Read
ITAT Holds That Genuine Personal Difficulties, COVID-19 and Portal Glitches Constitute Sufficient Cause for Condoning Delay ITAT Allows Belated Separate Form 10CCB Filing for Section 80-IA Deduction in Case of Bona Fide MistakeMissed ITR Filing Deadline? You Can Still File a Belated Return for AY 2026-27; Here's What You Need to KnowMissed July 31 ITR Deadline? Here’s What Taxpayers Need to Know Now
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
1681My Recent Articles
- August Financial Updates: ITR Deadline, RBI MPC, Tatkal Rules & Bank Charges
- Missed ITR Filing Deadline? You Can Still File a Belated Return for AY 2026-27; Here's What You Need to Know
- Income Tax Scam 2026: How Fake WhatsApp Notices Steal Banking Details
- Filed Your ITR With Errors? Here's What You Can Do
- ITR Filing 2026: Step-by-Step Guide to Filing Your Income Tax Return Online
Up Next
Loading suggestions…
Recent Posts

All Posts

Tags
Recent Posts

All Posts








