Tax & ComplianceTaxGuru

Income Tax | Third-Party Opening Balance Cannot Become Current-Year Income: ITAT Delhi

10 Sept 2026 · 10 Sept 2026By CA Vijayakumar Shetty

Delhi ITAT deletes ₹2,57,115 addition, holding a third-party opening balance cannot establish taxable income without proving its date and nature. The post Third-Party Opening Balance Cannot Become Current-Year Income: ITAT Delhi appeared first on TaxGuru .

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

Read on TaxGuru

General

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

Business Today

General

HAL to restart production of Sukhoi Su-30MKI fighter jets at Nashik facility: Report

Besides new production, HAL's Nashik facility is expected to play a key role in a major upgrade of the existing Su-30MKI fleet.

Business Today

General

undefined

Business Today

General

Gautam Adani Recalls Arriving In Mumbai At 16, Says The First Step Is Often Hardest

Business Today

Income Tax | Third-Party Opening Balance Cannot Become Current-Year Income: ITAT Delhi

More Articles

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

HAL to restart production of Sukhoi Su-30MKI fighter jets at Nashik facility: Report

undefined

Gautam Adani Recalls Arriving In Mumbai At 16, Says The First Step Is Often Hardest