Back to Articles
Tax & ComplianceTaxGuru

Income Tax | Opening Cash From Earlier Years Cannot Be Taxed as Current Income: ITAT Rajkot

30 Sept 2026 · 30 Sept 2026By CA Vijayakumar ShettySource: TaxGuru

ITAT Rajkot deletes ₹33.32 lakh addition as opening cash arose in earlier years and supporting agricultural evidence was not disproved. The post Opening Cash From Earlier Years Cannot Be Taxed as Current Income: ITAT Rajkot 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.

Read on TaxGuru

More Articles