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Cash Deposits Alone Cannot Justify Reassessment Without Tangible Material: Gujarat HC

20 Aug 2026 · 20 Aug 2026By CA Sandeep Kanoi

Gujarat HC upheld invalid reassessment where Section 148 notices relied only on cash deposits for source verification without tangible material showing income escapement. The post Cash Deposits Alone Cannot Justify Reassessment Without Tangible Material: Gujarat HC appeared first on TaxGuru .

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