ITAT Upholds Section 69A Addition as Assessee Failed to Explain Cash Deposits:
ITAT rejected peak theory and sustained unexplained cash deposit addition due to lack of supporting evidence.
Unexplained bank cash deposits justified Section 69A addition, rules ITAT Guwahati
Meetu Kumari
Jul 20, 2026Premium
ITAT Upholds Section 69A Addition as Assessee Failed to Explain Cash Deposits
ITAT rejected peak theory and sustained unexplained cash deposit addition due to lack of supporting evidence.
Also Read
ITAT Deletes Additions Towards Bhatta and Rent Expenses Backed by Supporting EvidenceITAT Rules Mutuality Based Club's Liquor Supply to Members Cannot Automatically Trigger Tax Audit PenaltyITAT Restores Appeal After Condoning 1,929-Day Delay Caused by Director’s Jail Term and IllnessITAT Deletes Ad Hoc Disallowance of Consumables Expenses, Dismisses Revenue's Appeal
About Author
Meetu Kumari
Content Manager
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Studycafe
Jodhpur, Rajasthan, India
2246My Recent Articles
- ITAT Deletes Additions Towards Bhatta and Rent Expenses Backed by Supporting EvidencePremium
- ITAT Upholds Section 263 Revision Based on DVO Report Received After AssessmentPremium
- ITAT Remands Disallowance of Rs 2.72 Crore Expenses Claimed Against Income Tax Refund InterestPremium
- ITAT Restores Section 10(26) Exemption Claim After Condoning Delay in AppealPremium
- ITAT Deletes Section 69 Addition on Alleged Flat Purchase On-MoneyPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Tags
Recent Posts
All Posts