Bank Deposit Additions Need Proof, Not Presumptions

Sunita Bhardwaj Vs ITO (ITAT Delhi) Bank Deposits & Notional Rent Can’t Be Estimated Blindly: Delhi ITAT Orders Extensive Remand in Multi-Year Case Delhi ITAT ‘G’ Bench in Sunita Bhardwaj Vs. ITO [ITA Nos. 1431/Del/2024 (AY 2016-17), 1430/Del/2024 (AY 2017-18) & 1429/Del/2024 (AY 2018-19), order dated 31.12.2025] partly allowed Assessee’s appeals holding that additions made on presumptions and estimates could not be sustained without proper verification. Tribunal upheld validity of reassessment for AY 2016-17 to AY 2018-19, holding that approval u/s 151 by Addl. CIT was valid a...