![Non-Compliance with Statutory Notices and Absence of Verifiable Stock Evidence: ITAT Sustains ₹68.07 Lakh Addition as Unexplained Investment [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076357-unexplained-investment-taxscan.webp "Non-Compliance with Statutory Notices and Absence of Verifiable Stock Evidence: ITAT Sustains ₹68.07 Lakh Addition as Unexplained Investment [Read Order]")
Non-Compliance with Statutory Notices and Absence of Verifiable Stock Evidence: ITAT Sustains ₹68.07 Lakh Addition as Unexplained Investment [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the addition of ₹68.07 lakh as unexplained investment under Section 69 of the...
![Unsigned Loose Paper Not Convincingly Explained: ITAT Restores ₹75 Lakh On-Money Addition u/s 69A to CIT(A) [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076349-itat-money-addition-unsigned-loose-paper-taxscan.webp "Unsigned Loose Paper Not Convincingly Explained: ITAT Restores ₹75 Lakh On-Money Addition u/s 69A to CIT(A) [Read Order]")
![ITAT Rules Approval u/s 151 Invalid Due to Mechanical Sanction Without Application of Mind, Quashes Reassessment order [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076376-itat-itat-rules-itat-rules-approval-invalid-due-to-mechanical-sanction-taxscan.webp "ITAT Rules Approval u/s 151 Invalid Due to Mechanical Sanction Without Application of Mind, Quashes Reassessment order [Read Order]")
![Gold Loan Account Records and Bank Records validates Gold Loan Business: ITAT deletes Addition of Cash Withdrawals u/s 69C [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076326-gold-loan-taxscan.webp "Gold Loan Account Records and Bank Records validates Gold Loan Business: ITAT deletes Addition of Cash Withdrawals u/s 69C [Read Order]")
Tax on Cash Deposits during Demonetization already filed under Other Sources: ITAT directs AO to Delete Addition u/s 115BBE [Read Order]
In a recent ruling, the Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) has directed the Assessing Officer (AO) to delete the addition made under Section 115BBE of the Income Tax Act on...
![Tax on Cash Deposits during Demonetization already filed under Other Sources: ITAT directs AO to Delete Addition u/s 115BBE [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2076044-cash-deposit-taxscan.webp "Tax on Cash Deposits during Demonetization already filed under Other Sources: ITAT directs AO to Delete Addition u/s 115BBE [Read Order]")
![Unfinalised Income Tax Reassessment not a Ground to Deny DTVSV Scheme Benefits: Kerala HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2076047-unfinalised-income-tax-reassessment-income-tax-reassessment-taxscan.webp "Unfinalised Income Tax Reassessment not a Ground to Deny DTVSV Scheme Benefits: Kerala HC [Read Order]")
![S. 14A Disallowance Not Applicable Without Exempt Income: ITAT quashes Revision Order [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2076006-disallowance-disallowance-not-applicable-taxscan.webp "S. 14A Disallowance Not Applicable Without Exempt Income: ITAT quashes Revision Order [Read Order]")
Revenue Concerns about Genuineness of Documents: ITAT remands Disallowance of Outward Expenses in Transport Business [Read Order]
The Patna Bench of the Income Tax Appellate Tribunal (ITAT) has remanded to the Assessing Officer (AO) a dispute concerning the disallowance of “outward expenses” in a transport business, after the...
![Revenue Concerns about Genuineness of Documents: ITAT remands Disallowance of Outward Expenses in Transport Business [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2075981-revenue-concerns-genuineness-documents-itat-expenses-transport-business-taxscan.webp "Revenue Concerns about Genuineness of Documents: ITAT remands Disallowance of Outward Expenses in Transport Business [Read Order]")
Calcutta HC sets aside Income Tax Order deleting Disallowance on Share Trading citing Failure to prove Genuineness [Read Order]
In a recent case, the Calcutta High Court set aside the Income Tax Order deleting disallowance on share trading, citing the assessee’s failure to prove genuineness. The appeal filed by...
![Calcutta HC sets aside Income Tax Order deleting Disallowance on Share Trading citing Failure to prove Genuineness [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2075928-income-tax-order-1.webp "Calcutta HC sets aside Income Tax Order deleting Disallowance on Share Trading citing Failure to prove Genuineness [Read Order]")
Challenge on Income Tax Demand Based on assessment u/s 147 Not Maintainable before HC: Orissa HC dismisses Writ Petition [Read Order]
In a recent case, the Orissa High Court dismissed the writ petition, holding that a challenge to an income tax demand based on an assessment under section 147 of the Income Tax Act, 1961 is not ...
![Challenge on Income Tax Demand Based on assessment u/s 147 Not Maintainable before HC: Orissa HC dismisses Writ Petition [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2075924-writ-petition-taxscan.webp "Challenge on Income Tax Demand Based on assessment u/s 147 Not Maintainable before HC: Orissa HC dismisses Writ Petition [Read Order]")