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Income Tax | Changed Explanation Alone Cannot Justify Unexplained Investment Addition: ITAT Nagpur

17 Sept 2026 · 18h agoBy CA Vijayakumar Shetty

ITAT Nagpur deleted ₹10 lakh section 69 addition after bank withdrawals established the source and also deleted the consequential section 271(1)(c) penalty. The post Changed Explanation Alone Cannot Justify Unexplained Investment Addition: ITAT Nagpur appeared first on TaxGuru .

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