ITAT Restores Rs 1.02 Crore Cash Deposit Additions, Says Mere Claim of Business Receipts Insufficient:
ITAT Guwahati restores Rs 1.02 crore cash deposit additions after assessee failed to substantiate business receipts and redeployment claims.
ITAT Denies Relief Over Lack of Documentary Evidence
Saloni Kumari
Aug 14, 2026Premium
ITAT Restores Rs 1.02 Crore Cash Deposit Additions, Says Mere Claim of Business Receipts Insufficient
ITAT Guwahati restores Rs 1.02 crore cash deposit additions after assessee failed to substantiate business receipts and redeployment claims.
Also Read
ITAT Grants Major Relief In Penny-Stock Case, Quashes Reassessment Under Section 147ITAT Deletes Rs 45.45 Lakh Jewellery Addition After Considering Family Holdings; Rs 2.17 Lakh Cash Addition SustainedITAT Directs AO to Grant 115BAA Benefit to Company After Portal Glitch Delayed Form 10-ICITAT Remands Rs 9.73 Crore Land Transaction, Rs 7.60 Crore Cessation of Liability Additions for Fresh Examination
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
2581My Recent Articles
- ITAT Deletes Rs 45.45 Lakh Jewellery Addition After Considering Family Holdings; Rs 2.17 Lakh Cash Addition SustainedPremium
- ITAT Remands Rs 9.73 Crore Land Transaction, Rs 7.60 Crore Cessation of Liability Additions for Fresh ExaminationPremium
- ITAT Grants Fresh Chance to Explain Rs 1.74 Crore Cash Deposits After Order Delivery to Wrong Email IDPremium
- ITAT Condones 44-Day Delay in Charitable Trust’s Appeal, Says Only Net Taxable Income Can Be Assessed if Exemption FailsPremium
- Tamil Nadu Commercial Taxes Dept Releases Helpdesk SOP; Check Helpline Numbers, Emails and Support Levels
Up Next
Loading suggestions…
Recent Posts
All Posts
Tags
Recent Posts
All Posts