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Income Tax | Bank Passbook Cannot Support Section 68 Cash Credit Addition: ITAT Mumbai

26 Sept 2026 · 1d agoBy CA Vijayakumar ShettySource: TaxGuru

Mumbai ITAT deletes ₹11.82 lakh Section 69A addition as earlier bank withdrawals were not disproved and arbitrary 70% rejection lacked evidence. The post Bank Passbook Cannot Support Section 68 Cash Credit Addition: ITAT Mumbai appeared first on TaxGuru .

Attribution

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

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