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Income Tax | Unverified Bank Deposit Cannot Alone Justify Reopening of Assessment: ITAT Delhi

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

ITAT Delhi quashes reassessment where AO treated an unverified ₹22.50 lakh bank deposit as escaped income without a live nexus. The post Unverified Bank Deposit Cannot Alone Justify Reopening of Assessment: ITAT Delhi 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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