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Income Tax | ITAT Applies Peak Credit Theory to ₹1.56 Crore Cash Deposits

18 Sept 2026 · 8h agoBy CA Ajay Kumar Agrawal

ITAT Ahmedabad applies peak credit theory to ₹1.56 crore cash deposits and allows credit for opening cash, agricultural receipts and disclosed income. The post ITAT Applies Peak Credit Theory to ₹1.56 Crore Cash Deposits appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

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