![Addition of Cash Deposits During Demonetization: ITAT Quashes Addition Based on Tuition Income and Marriage Gifts [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Cash-Deposits-Demonetization-ITAT-Tuition-Income-Marriage-Gifts-TAXSCAN.jpg "Addition of Cash Deposits During Demonetization: ITAT Quashes Addition Based on Tuition Income and Marriage Gifts [Read Order]")
Addition of Cash Deposits During Demonetization: ITAT Quashes Addition Based on Tuition Income and Marriage Gifts [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) quashed the addition of ₹10,09,750 made under Section 69A of Income Tax Act,1961, for cash...
![Disallowance of Claim for Interest Expense u/s 36(1)(iii): ITAT Directs AO to Verify Business Nexus and Reassess Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Interest-Expense-Reassess-Deduction-Disallowance-of-Claim-taxscan.jpg "Disallowance of Claim for Interest Expense u/s 36(1)(iii): ITAT Directs AO to Verify Business Nexus and Reassess Deduction [Read Order]")
![CIT(A) deletes additions on Unsecured Loans after considering additional evidence: ITAT set asides order for violation of Rule 46A [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Raipur-CIT-deletes-additions-on-Unsecured-Loans-TAXSCAN.jpg "CIT(A) deletes additions on Unsecured Loans after considering additional evidence: ITAT set asides order for violation of Rule 46A [Read Order]")
Lack of awareness of Income Tax assessment proceedings u/s 148: ITAT remands matter with penalty [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) remanded the matter directing the Commissioner of Income Tax (Appeals) [CIT(A)] to reconsider additional evidence for additions made...
![Lack of awareness of Income Tax assessment proceedings u/s 148: ITAT remands matter with penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-Tax-assessment-ITAT-remands-Income-Tax-assessment-proceedings-taxscan.jpg "Lack of awareness of Income Tax assessment proceedings u/s 148: ITAT remands matter with penalty [Read Order]")
CBDT Releases Comprehensive FAQs on Guidelines for Compounding of Offences under Income Tax Act [Read Circular]
In a bid to bring greater clarity and uniformity to the mechanism employed for compounding of offences under the Income-Tax Act, 1961, the Central Board of Direct Taxes ( CBDT ) has issued a...
![CBDT Releases Comprehensive FAQs on Guidelines for Compounding of Offences under Income Tax Act [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/03/CBDT-Comprehensive-FAQs-Guidelines-Compounding-Offences-Income-Tax-Act-taxscan.jpg "CBDT Releases Comprehensive FAQs on Guidelines for Compounding of Offences under Income Tax Act [Read Circular]")
AO adds Rs. 3.56 crore as Non disclosed transactions: ITAT restores matter for reconsideration to CIT(A) with penalty
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) has restored the appeal to the Commissioner of Income Tax (Appeals) [CIT(A)] in an undisclosed transactions case with a penalty of...
AO adds Building Depreciation Amount and Loan Amount: ITAT restores matter to Consider Additional Evidence [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has restored the issue of disallowance of depreciation on building amount and addition of loan amount for fresh consideration of additional...
![AO adds Building Depreciation Amount and Loan Amount: ITAT restores matter to Consider Additional Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/building-depreciation-amount-depreciation-amount-loan-amount-ITAT-ITAT-restores-matter-additional-evidence-evidence-taxscan.jpg "AO adds Building Depreciation Amount and Loan Amount: ITAT restores matter to Consider Additional Evidence [Read Order]")
![Source of Investment Sufficiently Explained: ITAT Deletes Rs. 70.13 Lakh Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Source-of-Investment-Investment-Source-of-Investment-Sufficiently-Explained-Sufficiently-Explained-ITAT-Addition-taxscan.jpg "Source of Investment Sufficiently Explained: ITAT Deletes Rs. 70.13 Lakh Addition [Read Order]")
Income Tax Proceedings against Deceased Person Invalid, must be Initiated against Legal Heirs u/s 159: Bombay HC [Read Order]
In a recent ruling, the Bombay High Court held that tax proceedings initiated in the name of a deceased person are invalid and must be directed against legal heirs under Section 159 of the Income Tax...
![Income Tax Proceedings against Deceased Person Invalid, must be Initiated against Legal Heirs u/s 159: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-Tax-Income-Tax-Proceedings-Income-Tax-Proceedings-against-Deceased-Person-Deceased-Person-Invalid-Deceased-Person-taxscan.jpg "Income Tax Proceedings against Deceased Person Invalid, must be Initiated against Legal Heirs u/s 159: Bombay HC [Read Order]")