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Income Tax | Unproved Opening Cash Balance Cannot Support Cash Deposit Explanation: ITAT Amritsar

23 Sept 2026 · 4d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT Amritsar restricted cash deposit addition to ₹13.10 lakh after accepting ₹18 lakh deposits as explained by prior withdrawals. The post Unproved Opening Cash Balance Cannot Support Cash Deposit Explanation: ITAT Amritsar appeared first on TaxGuru .

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Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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