![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...
![Exemption u/s 11 and 12 for Charitable Trusts Cant Be Denied on Mere Technical Errors : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/charitable-trust-Technical-Errors-ITAT-taxscan.jpg "Exemption u/s 11 and 12 for Charitable Trusts Cant Be Denied on Mere Technical Errors : ITAT [Read Order]")
![Kerala HC Directs to dispose of Income Tax Appeal filed 9 Years Ago [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Income-Tax-Appeal-taxscan.jpg "Kerala HC Directs to dispose of Income Tax Appeal filed 9 Years Ago [Read Order]")
![25 Days Delay in Filing Audit report due to Covid 19Â Pandemic: Kerala HC sets aside Income Tax Order Declining to Condone Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-09-at-12.12.45-PM.jpeg "25 Days Delay in Filing Audit report due to Covid 19Â Pandemic: Kerala HC sets aside Income Tax Order Declining to Condone Delay [Read Order]")
![Jurisdiction Transferred without Following S.127 of Income Tax Act: Himachal Pradesh HC quashes Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Income-Tax-Himachal-Pradesh-High-Court-Companys-account-transactions-income-tax-TAXSCAN.jpg "Jurisdiction Transferred without Following S.127 of Income Tax Act: Himachal Pradesh HC quashes Assessment [Read Order]")
No Evidence of Cash Receipt: ITAT Deletes Addition of Rs.2.5 Crore due to Lack of Corroborative Proof
The Income Tax Appellate Tribunal (ITAT), Nagpur Bench, has nullified an addition of Rs. 2.5 crore made by tax authorities against Shrigopal Rameshkumar Sales Pvt. Ltd. The tribunal ruled that the...
ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has cancelled a penalty of Rs.22.93 lakh that was imposed on Silver Oak Buildcon Private Limited, a construction company based in Pune. The...
![ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-08-at-1.11.11-PM.jpeg "ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]")
No Possession, No Taxation: ITAT Deletes Capital Gains Addition u/s 2(47) of Income Tax Act [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has remanded a matter back to the Assessing Officer for fresh verification in a case involving alleged capital gains based on a cancelled...
![No Possession, No Taxation: ITAT Deletes Capital Gains Addition u/s 2(47) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-08-at-1.39.50-PM.jpeg "No Possession, No Taxation: ITAT Deletes Capital Gains Addition u/s 2(47) of Income Tax Act [Read Order]")
Leave Encashment Payment Made After Financial Year not Deductible under Income Tax Act Without Accrued Liability: Himachal Pradesh HC [Read Order]
The High Court of Himachal Pradesh,ruled that leave encashment payments made after the end of the financial year cannot be claimed as a deduction under the Income Tax Act,1961 unless the liability...
![Leave Encashment Payment Made After Financial Year not Deductible under Income Tax Act Without Accrued Liability: Himachal Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Himachal-Pradesh-HC.jpg "Leave Encashment Payment Made After Financial Year not Deductible under Income Tax Act Without Accrued Liability: Himachal Pradesh HC [Read Order]")
Whatsapp Chats Revealed Transactions of ₹1 Crore: Rajasthan HC Upholds Income Tax Proceedings [Read Order]
In a significant ruling, the Rajasthan High Court upheld the legitimacy of transactions of ₹1 Crore, unearthed on the basis of Whatsapp chats against which proceedings under Section 153C of the...
![Whatsapp Chats Revealed Transactions of ₹1 Crore: Rajasthan HC Upholds Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Whatsapp-Whatsapp-Chats-Revealed-Transactions-Whatsapp-Chats-Revealed-Whatsapp-Chats-Rajasthan-HC-Rajasthan-HC-Upholds-taxscan.jpg "Whatsapp Chats Revealed Transactions of ₹1 Crore: Rajasthan HC Upholds Income Tax Proceedings [Read Order]")
Telangana HC Sets Aside Income Tax Garnishee Notices, Directs Decision on Pending Appeals and Stay Application First [Read Order]
The High Court of Telangana, set aside income tax garnishee notices issued, against bank accounts of the assessee observing that the notices were issued despite the pendency of appeals and a stay...
![Telangana HC Sets Aside Income Tax Garnishee Notices, Directs Decision on Pending Appeals and Stay Application First [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Telangana-HC-Income-Tax-Garnishee-Notices-Directs-Decision-Pending-Appeals-Application-First-taxscan.jpg "Telangana HC Sets Aside Income Tax Garnishee Notices, Directs Decision on Pending Appeals and Stay Application First [Read Order]")