Franklin Joshva
![Arithmetic Mistake in Percentage Computation: ITAT Deletes ₹3.92 Cr Addition for Alleged Suppressed Revenue in Construction Project [Read Order]](https://images.taxscan.in/h-upload/2025/07/20/500x300_2066261-arithmetic-mistake-percentage-computation-itat-alleged-suppressed-revenue-construction-project-taxscan.webp "Arithmetic Mistake in Percentage Computation: ITAT Deletes ₹3.92 Cr Addition for Alleged Suppressed Revenue in Construction Project [Read Order]")
Arithmetic Mistake in Percentage Computation: ITAT Deletes ₹3.92 Cr Addition for Alleged Suppressed Revenue in Construction Project [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of Rs. 3,92,66,722/- for alleged suppressed revenue in a...
![Demonetized Notes Received from Disclosed Debtors Cannot Be Treated as Unexplained Cash: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/250x150_2065896-itat-disclosed-debtors-unexplained-cash-taxscan.webp "Demonetized Notes Received from Disclosed Debtors Cannot Be Treated as Unexplained Cash: ITAT [Read Order]")
![Interest from Cooperative Banks Eligible for 80P Deduction: ITAT Allows ₹12.53 Lakh Claim Treating Banks as Societies [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/250x150_2065783-cooperative-banks-itat-80p-deduction-taxscan.webp "Interest from Cooperative Banks Eligible for 80P Deduction: ITAT Allows ₹12.53 Lakh Claim Treating Banks as Societies [Read Order]")
![AO made One Sided Addition u/s 68 without Examining Evidence: ITAT Remits ₹7.17 Matter for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/250x150_2065739-examining-evidence-itat-evidence-taxscan.webp "AO made One Sided Addition u/s 68 without Examining Evidence: ITAT Remits ₹7.17 Matter for Fresh Adjudication [Read Order]")
![Gross Negligence of Accountant Not a Ground for Condonation: ITAT Dismisses Income Tax Appeal with 477-Day Delay [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/250x150_2065787-gross-negligence-of-accountant-gross-negligence-accountant-not-a-ground-for-condonation-taxscan.webp "Gross Negligence of Accountant Not a Ground for Condonation: ITAT Dismisses Income Tax Appeal with 477-Day Delay [Read Order]")
![Incomplete Analysis of ₹2.17 Cr Unsecured Loan: ITAT Directs to Verify Documents [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065735-unsecured-loan-taxscan.webp "Incomplete Analysis of ₹2.17 Cr Unsecured Loan: ITAT Directs to Verify Documents [Read Order]")
Expenditure Incurred on Leasehold Premises Satisfies Test of Ownership: ITAT Upholds Depreciation Deduction as Capital Expenditure [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the depreciation deduction for improvements made to leasehold premises, dismissing the revenue’s appeal against the deletion of...
![Expenditure Incurred on Leasehold Premises Satisfies Test of Ownership: ITAT Upholds Depreciation Deduction as Capital Expenditure [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065722-itat-itat-upholds-rd-expenses-capital-expenditure-citing-consistency-with-prior-years-citing-consistency-taxscan.webp "Expenditure Incurred on Leasehold Premises Satisfies Test of Ownership: ITAT Upholds Depreciation Deduction as Capital Expenditure [Read Order]")
Cash Deposit Addition of ₹9 Lakh: ITAT Remands With One More Opportunity For Production of Documentary Evidence [Read Order]
The Cuttack Bench of the Income Tax Appellate Tribunal ( ITAT ) restored the appeal of Tapas Kumar Chanda to the Commissionerof Income Tax (Appeals)[ CIT(A) ] with a direction to grant one more ...
![Cash Deposit Addition of ₹9 Lakh: ITAT Remands With One More Opportunity For Production of Documentary Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065641-cash-deposit-cash-deposit-addition-cash-deposit-addition-of-9-lakh-itat-itat-remands-taxscan.webp "Cash Deposit Addition of ₹9 Lakh: ITAT Remands With One More Opportunity For Production of Documentary Evidence [Read Order]")
ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AO's Reliance on Unverified STR Information [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) upheld the deletion of an addition of Rs. 11,73,52,801 made by the Assessing Officer (AO) as unexplained cash credits under Section 68 and...
![ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AOs Reliance on Unverified STR Information [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065627-itat-itat-upholds-deletion-unexplained-cash-credit-cash-credit-addition-citing-aos-reliance-taxscan.webp "ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AOs Reliance on Unverified STR Information [Read Order]")
![Surplus and Fee Receipts Not a Ground to Deny 80G Approval: ITAT Overturns CIT(E) Denial [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065594-timely-application-for-final-approval-timely-application-final-approval-final-approval-section-80g-itat-itat-quashes-taxscan.webp "Surplus and Fee Receipts Not a Ground to Deny 80G Approval: ITAT Overturns CIT(E) Denial [Read Order]")
Unexplained Source of Investment on 4Kg Gold: ITAT Directs to Consider R. 46 Evidence Citing Improper Rejection [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) restored the matter to the Commissioner of Income Tax (Appeals) [CIT(A)] for fresh adjudication and directed proper consideration of...
![Unexplained Source of Investment on 4Kg Gold: ITAT Directs to Consider R. 46 Evidence Citing Improper Rejection [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065501-unexplaine-investment-gold-taxscan.webp "Unexplained Source of Investment on 4Kg Gold: ITAT Directs to Consider R. 46 Evidence Citing Improper Rejection [Read Order]")