CharteredUniverse — AI workspace for chartered accountants
LoginSign Up
Back to Articles
Tax & ComplianceTaxGuru

ITAT Visakhapatnam Deletes ₹28 Lakh Section 68 Addition on Bank Deposits

25 Aug 2026 · 25 Aug 2026By CA Vijayakumar Shetty

Visakhapatnam ITAT held bank statements are not assessee’s books for Section 68 and deleted the ₹28 lakh addition. The post ITAT Visakhapatnam Deletes ₹28 Lakh Section 68 Addition on Bank Deposits appeared first on TaxGuru .

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

Read on TaxGuru

More Articles

General

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

Business Today

General

undefined

undefined

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

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

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

Business Today