Franklin Joshva
![AO Adds Rs. 5.38 Lakh as Unexplained Cash Deposit: ITAT Confirms Rs. 48,000 Addition as Taxpayer Fails to Prove Source [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Unexplained-Cash-Deposits.jpg "AO Adds Rs. 5.38 Lakh as Unexplained Cash Deposit: ITAT Confirms Rs. 48,000 Addition as Taxpayer Fails to Prove Source [Read Order]")
AO Adds Rs. 5.38 Lakh as Unexplained Cash Deposit: ITAT Confirms Rs. 48,000 Addition as Taxpayer Fails to Prove Source [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) confirmed Rs. 48,000 as assessee failed to prove source of deposits in the case where...
![PCIT Revision Order: ITAT Rules Assessment Order not erroneous, Rules Unexplained Money matter Properly Verified [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Unexplained-money.jpg "PCIT Revision Order: ITAT Rules Assessment Order not erroneous, Rules Unexplained Money matter Properly Verified [Read Order]")
![AO adds Rs. 30 crore as Unexplained Investment: ITAT restores matter in Interest of Justice with Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/AO-Unexplained-Investment-ITAT-Interest-Justice-Penalty-TAXSCAN.jpg "AO adds Rs. 30 crore as Unexplained Investment: ITAT restores matter in Interest of Justice with Penalty [Read Order]")
![AO Relied on Bank Account Not Admitted by Taxpayer: ITAT Quashes Rs. 4 Crore Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/AO-Relied-on-Bank-Account-Bank-Account-Bank-Account-Not-Admitted-by-Taxpayer-Taxpayer-ITAT-ITAT-Quashes-taxscan.jpg "AO Relied on Bank Account Not Admitted by Taxpayer: ITAT Quashes Rs. 4 Crore Addition [Read Order]")
![Diamond Cash Sales Duly Recorded in Books: ITAT upholds Deletion of Rs. 1 Cr Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Diamond-Cash-Sales-Duly-Books-ITAT-Deletion-taxscan.jpg "Diamond Cash Sales Duly Recorded in Books: ITAT upholds Deletion of Rs. 1 Cr Addition [Read Order]")
Unexplained Cash Deposits: ITAT Reduces ₹72 Lakh Addition to ₹2 Lakh on Verifying Home Loan Credits and ITRs [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) reduced the addition made under Section 69A of the Income Tax Act, 1961, from Rs. 72,81,674 to Rs. 2,00,000 by considering the assessee's...
![Unexplained Cash Deposits: ITAT Reduces ₹72 Lakh Addition to ₹2 Lakh on Verifying Home Loan Credits and ITRs [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Unexplained-Cash-Deposits-Cash-Deposits-ITAT-Verifying-Home-Loan-Credits-Home-Loan-Credits-Home-Loan-Verifying-Home-Loan-Credits-and-ITRs-taxscan.jpg "Unexplained Cash Deposits: ITAT Reduces ₹72 Lakh Addition to ₹2 Lakh on Verifying Home Loan Credits and ITRs [Read Order]")
Unexplained Cash Deposit: ITAT Orders Verification of Rs. 47.8 Lakh Claimed to Be from Gas Cylinder Sales [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) to verify the source of Rs. 47.8 lakh deposited in the bank account of the assessee, claimed to be...
![Unexplained Cash Deposit: ITAT Orders Verification of Rs. 47.8 Lakh Claimed to Be from Gas Cylinder Sales [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Unexplained-Cash-Deposit-Cash-Deposit-ITAT-ITAT-Orders-ITAT-Orders-Verification-Gas-Cylinder-Sales-Gas-Cylinder-taxscan.jpg "Unexplained Cash Deposit: ITAT Orders Verification of Rs. 47.8 Lakh Claimed to Be from Gas Cylinder Sales [Read Order]")
Factual Mistake committed by Tax auditor: ITAT restores Disallowance of employer contribution to PF/ESIC for verification [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) restored the matter related to the disallowance of employer contributions to Provident Fund (PF) and Employees' State Insurance Corporation...
![Factual Mistake committed by Tax auditor: ITAT restores Disallowance of employer contribution to PF/ESIC for verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Factual-Mistake-Tax-auditor-ITAT-restores-Disallowance-employer-contribution-PF-ESIC-verification-TAXSCAN.jpg "Factual Mistake committed by Tax auditor: ITAT restores Disallowance of employer contribution to PF/ESIC for verification [Read Order]")
S.54G Exemption: ITAT Restores Matter as CIT(A) Failed to Admit Additional Evidence u/r 46A [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) restored the matter related to the disallowance of exemption claimed under Section 54G of the Income Tax Act, 1961, as the Commissioner...
![S.54G Exemption: ITAT Restores Matter as CIT(A) Failed to Admit Additional Evidence u/r 46A [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/S.54G-Exemption-ITAT-Matter-CITA-Failed-Admit-Additional-Evidence-taxscan.jpg "S.54G Exemption: ITAT Restores Matter as CIT(A) Failed to Admit Additional Evidence u/r 46A [Read Order]")
![Taxpayer Underreports Income by Claiming Inadmissible Expenses: ITAT Confirms Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Penalty-Taxpayer-ITAT-Confirms-Penalty-Taxscan.jpg "Taxpayer Underreports Income by Claiming Inadmissible Expenses: ITAT Confirms Penalty [Read Order]")
![Income Already Disclosed: ITAT Deletes Unexplained Expenses and Stock Valuation Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-Already-Disclosed-ITAT-ITAT-Deletes-Unexplained-Expenses-Unexplained-Expenses-Unexplained-Expenses-and-Stock-Valuation-Addition-taxscan.jpg "Income Already Disclosed: ITAT Deletes Unexplained Expenses and Stock Valuation Addition [Read Order]")