![Unexplained Cash Deposits of ₹1.04 Crore: ITAT Sets Aside Matter for CIT(A)’s Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Unexplained-Cash-Deposits-Cash-Deposits-ITAT-Sets-Aside-taxscan.jpg "Unexplained Cash Deposits of ₹1.04 Crore: ITAT Sets Aside Matter for CIT(A)’s Fresh Adjudication [Read Order]")
Unexplained Cash Deposits of ₹1.04 Crore: ITAT Sets Aside Matter for CIT(A)’s Fresh Adjudication [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the matter concerning unexplained cash deposits of ₹1.04 crore for fresh...
![ITAT Upholds CIT(A)’s Deletion of S.14A Disallowance Due to No Exempt Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Exempted-Income.jpg "ITAT Upholds CIT(A)’s Deletion of S.14A Disallowance Due to No Exempt Income [Read Order]")
![Denial of S.80P(2)(d) Deduction on Interest Income: ITAT Grants Deduction for Cooperative Banks and Savings Accounts [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Deduction-on-Interest-Income.jpg "Denial of S.80P(2)(d) Deduction on Interest Income: ITAT Grants Deduction for Cooperative Banks and Savings Accounts [Read Order]")
![Discrepancy in Net Profit Figures: ITAT Quashes Pr. CIT’s Revision Order due to Prior AO Inquiry [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Hyderabad-ITAT-ruling-on-AO-prior-inquiry-TAXSCAN.jpg "Discrepancy in Net Profit Figures: ITAT Quashes Pr. CIT’s Revision Order due to Prior AO Inquiry [Read Order]")
![Denial of Expense Deductions due to Lack of Supporting Documents: ITAT Sets Aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Documents.jpg "Denial of Expense Deductions due to Lack of Supporting Documents: ITAT Sets Aside Order [Read Order]")
![Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/PF-ESI-Contribution.jpg "Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]")
Deduction of Bad Debts u/s 36 Income Tax Act only if Lends in Ordinary Course of Banking/ Money Lending Business: Delhi HC [Read Order]
The Delhi High Court has made it clear that allowance in respect of bad debts as an expense under Section 36 of the Income Tax Act, 1961, is permissible only if the assesseee represents money lent in...
![Deduction of Bad Debts u/s 36 Income Tax Act only if Lends in Ordinary Course of Banking/ Money Lending Business: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Delhi-high-court-Deduction-of-Bad-Debts-Section-36-Income-Tax-Act-TAXSCAN.jpg "Deduction of Bad Debts u/s 36 Income Tax Act only if Lends in Ordinary Course of Banking/ Money Lending Business: Delhi HC [Read Order]")
![₹26.35 Lakh Addition on Cash Deposits during Demonetization: ITAT Orders Deletion [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Delhi-Cash-Deposits-during-Demonetization-TAXSCAN.jpg "₹26.35 Lakh Addition on Cash Deposits during Demonetization: ITAT Orders Deletion [Read Order]")
Disallowance of ₹5.11 Crore Forex Loss on ECB Settlement: ITAT Restores Matter to AO [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) restored the issue of ₹5.11 crore forex fluctuation loss on the settlement of External Commercial Borrowings (ECB) to the Assessing Officer...
![Disallowance of ₹5.11 Crore Forex Loss on ECB Settlement: ITAT Restores Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Kolkata-Disallowance-of-Forex-Loss-TAXSCAN.jpg "Disallowance of ₹5.11 Crore Forex Loss on ECB Settlement: ITAT Restores Matter to AO [Read Order]")
TPO’s Rejection of CUP Analysis Despite DRP Directions: ITAT Deletes Transfer Pricing Adjustment [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) deleted the transfer pricing adjustment after Transfer Pricing Officer (TPO)’s rejection of CUP analysis despite Dispute Resolution Panel...
![TPO’s Rejection of CUP Analysis Despite DRP Directions: ITAT Deletes Transfer Pricing Adjustment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Kolkata-TPO-Transfer-pricing-officer-Income-tax-news-TAXSCAN.jpg "TPO’s Rejection of CUP Analysis Despite DRP Directions: ITAT Deletes Transfer Pricing Adjustment [Read Order]")
ITAT deletes Addition for Intra-Group Services, Citing Consistency with Earlier Rulings [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) ruled in favor of the assessee deleting the addition for intra-group services. It cited the consistency with earlier rulings, particularly...
![ITAT deletes Addition for Intra-Group Services, Citing Consistency with Earlier Rulings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Intra-Group-Services.jpg "ITAT deletes Addition for Intra-Group Services, Citing Consistency with Earlier Rulings [Read Order]")