ITAT Remands Section 69 Unexplained Cash Credit Addition After Bank Statement Was Not Examined:
The ITAT remanded the Section 69 unexplained cash credit addition to the AO after the assessee produced a bank statement that was not examined during the original assessment.
ITAT Sends Case for Fresh Adjudication Over Unverified Bank Statement
Saloni Kumari
Jul 6, 2026Premium
ITAT Remands Section 69 Unexplained Cash Credit Addition After Bank Statement Was Not Examined
The ITAT remanded the Section 69 unexplained cash credit addition to the AO after the assessee produced a bank statement that was not examined during the original assessment.
Also Read
ITAT Revives Tax Appeals for Six AYs After Finding Insufficient Hearing Time and Ignored Adjournment RequestITAT Deletes Disallowance of Marketing Expenses After Assessee Corroborates Ledger Entries with Debit NotesITAT Cancels Rs 9.27 Lakh Penalty, Directs Tax Department to Grant Immunity to AssesseeITAT Grants Fresh Opportunity to Explain Rs 2.39 Crore Demonetisation Cash Deposit Addition After Main Director’s Death
About Author
Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
StudyCafe
Delhi, Delhi, India
2488My Recent Articles
- ITAT Revives Tax Appeals for Six AYs After Finding Insufficient Hearing Time and Ignored Adjournment RequestPremium
- ITAT Grants Fresh Opportunity to Explain Rs 2.39 Crore Demonetisation Cash Deposit Addition After Main Director’s DeathPremium
- ITAT Grants Taxpayer Fresh Opportunity to Contest Rs 44.16 Lakh Addition After Finding No Decision on MeritsPremium
- Trust’s Sections 12AB and 80G Registration Cannot Be Denied Before Charitable Project Is Completed, Holds ITATPremium
- ITAT Says Identity and Creditworthiness Irrelevant Where Loan Was Directly Paid to Haryana Mining DepartmentPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts