New Delhi, Nov. 4 -- A Pune woman has won a Rs.60 lakh income tax dispute after the Income Tax Appellate Tribunal (ITAT) accepted her explanation that the cash deposited in her bank account had been gifted by her late husband for her and their two minor daughters. The tribunal directed the tax department to delete the entire addition, ruling that her explanation could not be rejected merely because her husband was no longer alive to confirm the gift.

In its order dated 13 October 2026, in the case of Surekha Subhash Parve vs ITO, Ward 5(4), Pune (ITA No. 3137/PUN/2025), the Pune bench of the ITAT set aside the decision of the National Faceless Appeal Centre (NFAC), which had upheld the tax officer's addition of Rs.60 lakh as unexplained ...