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Income Tax | ₹473.71 Crore Addition Cannot Rest Only on Definition of Income Without Charging Provision: ITAT Delhi

5 Oct 2026 · 5 Oct 2026By CA Sandeep KanoiSource: TaxGuru

ITAT Delhi deletes ₹473.71 crore addition as siphoning of NSEL funds was unproved and section 2(24)(iv) alone could not create a tax charge. The post ₹473.71 Crore Addition Cannot Rest Only on Definition of Income Without Charging Provision: ITAT Delhi appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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