Mere Assumptions Cannot Sustain Addition: Rs 15.72 Lakh Cash Addition Deleted After ITAT Finds No Incriminating Evidence:
ITAT deleted the Rs 15.72 lakh addition, holding that the Revenue failed to produce sufficient incriminating material proving an undisclosed cash payment to the Bhutani Group.
ITAT Deletes Rs 15.72 Lakh Addition Over Alleged Bhutani Group Cash Payment
Saloni Kumari
Sep 11, 2026
Premium
Mere Assumptions Cannot Sustain Addition: Rs 15.72 Lakh Cash Addition Deleted After ITAT Finds No Incriminating Evidence
ITAT deleted the Rs 15.72 lakh addition, holding that the Revenue failed to produce sufficient incriminating material proving an undisclosed cash payment to the Bhutani Group.
Also Read
ITAT Remands Interest Addition to CIT(A) for Fresh Adjudication Due to Email Access IssuesITAT Deletes Rs 10 Lakh Penalty Under Black Money Act, Holds Omission of Foreign ESOPs in Schedule FA Was InadvertentITAT Allows Appeal Over Rs 26.03 Lakh Addition After Assessee Settles Tax Dispute Under Vivad Se Vishwas Scheme 2024ITAT Upholds Disallowance of Political Donation Deduction Under Section 80GGC
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
2956My Recent Articles
- CBI Arrests Proclaimed Offender in Fodder Scam Case Absconding for Over 25 Years
- ITAT Allows Appeal Over Rs 26.03 Lakh Addition After Assessee Settles Tax Dispute Under Vivad Se Vishwas Scheme 2024
- CBDT Clarifies BSNL, MTNL VRS-2019 Compensation Taxable Under Section 10(10C), Not 10(10B)
- Govt Extends Deadline for Raw Sugar Customs Duty Exemption upto December 31
- ITAT Deletes Section 69A Addition as Income Computation Supports Source of Cash Deposits
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts