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Income Tax | Karnataka HC Rejects ₹10 Crore Addition Based on Uncorroborated Loose Sheet

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

Karnataka HC dismissed Revenue’s appeal, holding that uncorroborated loose sheets could not establish undisclosed cash payment of ₹10 crore. The post Karnataka HC Rejects ₹10 Crore Addition Based on Uncorroborated Loose Sheet 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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