New Delhi, Oct. 28 -- The Income Tax Appellate Tribunal (ITAT), Pune, has accepted Rs.2.75 lakh of a bank employee's Rs.3 lakh cash deposits as explained by wedding gifts and accumulated savings, while sustaining an addition of Rs.25,000 because supporting confirmations were missing for some gifts.

In Smt. Manisha Madhukar Shatalwar vs Income Tax Officer, Ward-3(2), Nagpur, ITA No. 552/NAG/2026, for assessment year 2016-17, the tribunal considered the taxpayer's employment, the list of wedding-gift donors and her financial circumstances before deciding how much of the cash deposit could be treated as explained. Accountant Member Manish Borad pronounced the order on 14 October 2026.

The ruling highlights the importance of retaining evide...