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Income Tax | Cash Deposits Cannot Be Deemed Unexplained Without Examining Records: Karnataka HC

22 Sept 2026 · 4d agoBy CA Vijayakumar ShettySource: TaxGuru

Karnataka HC quashes cash deposit assessment and penalty notice, directing fresh examination of cash book and verification from banker. The post Cash Deposits Cannot Be Deemed Unexplained Without Examining Records: Karnataka HC 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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