![Unexplained Cash Deposits u/s 69A: ITAT upholds CIT(A)s deletion of ₹2.27 Crore Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-Unexplained-Cash-Deposits-TAXSCAN.jpg "Unexplained Cash Deposits u/s 69A: ITAT upholds CIT(A)s deletion of ₹2.27 Crore Addition [Read Order]")
Unexplained Cash Deposits u/s 69A: ITAT upholds CIT(A)'s deletion of ₹2.27 Crore Addition [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax(Appeals)[CIT(A)]'s decision to delete the ₹2.27...
![Income Tax Hearing Notice Not Received: ITAT Quashes Ex Parte Order, Remands Matter for Fresh Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Hearing-Notice-Income-Tax-Hearing-Notice-ITAT-ITAT-Quashes-ITAT-Quashes-Ex-Parte-Order-Ex-Parte-Order-taxscan.jpg "Income Tax Hearing Notice Not Received: ITAT Quashes Ex Parte Order, Remands Matter for Fresh Hearing [Read Order]")
![Addition of LTCG and Unsecured Loans Due to Lack of Documentation: ITAT Remands Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Kolkata-LTCG-addition-unsecured-loans-lack-of-documentation-ITAT-remands-AO-review-Section-68-of-Income-Tax-Act-Section-68-Income-Tax-Appellate-Tribuna-Income-Tax-taxscan.jpg "Addition of LTCG and Unsecured Loans Due to Lack of Documentation: ITAT Remands Matter to AO [Read Order]")
![Gains from Excluded Capital Assets not included as Book Profits u/s 115JB Not Liable to be included as Income: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Capital-Assets-Delhi-High-Court-Section-115JB-Income-Tax-Act-Delhi-High-Court-Ruling-Book-Profit-Calculation-Delhi-HC-Tax-Liability-Exclusion-Capital-Assets-taxscan.jpg "Gains from Excluded Capital Assets not included as Book Profits u/s 115JB Not Liable to be included as Income: Delhi HC [Read Order]")
![Non-Compliance Due to Serious Illness and Lack of Computer Access: ITAT Condones 74-Day Delay, Remands Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Chennai-Bench-of-the-Income-Tax-Appellate-Tribunal-ITAT-condoned-a-74-day-delay-in-filing-Income-Tax-CIT-Chennai-tax-authorities-ITAT-news-Income-Tax-Appeals-Taxscan.jpg "Non-Compliance Due to Serious Illness and Lack of Computer Access: ITAT Condones 74-Day Delay, Remands Matter to CIT(A) [Read Order]")
CA Managing Income Tax Matters for 40 Years Becomes Bedridden: ITAT Condones 64-Day Delay in Filing Appeal [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) condoned a 64-day delay in filing an appeal citing the illness of the company’s long-serving auditor, who had been handling its tax...
![CA Managing Income Tax Matters for 40 Years Becomes Bedridden: ITAT Condones 64-Day Delay in Filing Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chennai-Filing-Appeal-Income-Tax-Appellate-Tribunal-ITAT-Condones-CA-Managing-Delay-in-Appeal-taxscan.jpg "CA Managing Income Tax Matters for 40 Years Becomes Bedridden: ITAT Condones 64-Day Delay in Filing Appeal [Read Order]")
Notices sent to Inactive Email ID: ITAT directs fresh hearing on Unexplained Demonetization Cash Deposits matter [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) directed a fresh hearing in a case involving unexplained cash deposits during the demonetization period citing assessing officer (AO)...
![Notices sent to Inactive Email ID: ITAT directs fresh hearing on Unexplained Demonetization Cash Deposits matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Demonetization-Notices-Sent-to-Inactive-Email-ID-Cash-Deposits-taxscan.jpg "Notices sent to Inactive Email ID: ITAT directs fresh hearing on Unexplained Demonetization Cash Deposits matter [Read Order]")
![ITAT Weekly Round-Up [Jan 04 to Jan 10, 2025]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Income-Tax-News-weekly-round-up-Taxscan.jpg "ITAT Weekly Round-Up [Jan 04 to Jan 10, 2025]")
Double Taxation and Procedural Lapses: ITAT Quashes Addition of ₹62 Lakhs as Unexplained Cash [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) set aside an addition of ₹ 62 Lakhs on the assessee based on alleged dissimilarities in the amount of cash recorded in the audit books and...
![Double Taxation and Procedural Lapses: ITAT Quashes Addition of ₹62 Lakhs as Unexplained Cash [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Double-Taxation-Procedural-Lapses-Unexplained-Cash-taxscan.jpg "Double Taxation and Procedural Lapses: ITAT Quashes Addition of ₹62 Lakhs as Unexplained Cash [Read Order]")
![‘8% profit on alleged WIP cannot be estimated as assessee is a developer’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-ITAT-on-WIP-profit-estimation-TAXSCAN.jpg "‘8% profit on alleged WIP cannot be estimated as assessee is a developer’: ITAT [Read Order]")
