ITAT Rejects Appeal, Confirms Rs 4.50 Lakh Addition as Unexplained Cash After Assessee Fails to Prove Source of Deposits:

ITAT Rejects Appeal, Confirms Rs 4.50 Lakh Addition as Unexplained Cash After Assessee Fails to Prove Source of Deposits

ITAT Pune has upheld a Rs 4.50 lakh addition under Section 69A after the assessee failed to prove the source of cash deposits made in his HDFC Bank account

ITAT Upholds Rs 4.50 Lakh Unexplained Cash Addition

authorVanshika vermadateSep 2, 2026
Last update on Sep 1, 2026
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ITAT Rejects Appeal, Confirms Rs 4.50 Lakh Addition as Unexplained Cash After Assessee Fails to Prove Source of Deposits

ITAT Pune has upheld a Rs 4.50 lakh addition under Section 69A after the assessee failed to prove the source of cash deposits made in his HDFC Bank account

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Vanshika verma

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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
2019
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