![Real Estate Broker’s Excel Sheet Triggers ₹48 Lakh ‘On-Money’ Income Tax Addition: ITAT Gives Relief to Homebuyer [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114159-real-estate-broker-excel-sheet-triggers-on-money-income-tax-addition-itat-relief-homebuyer-taxscan.webp "Real Estate Broker’s Excel Sheet Triggers ₹48 Lakh ‘On-Money’ Income Tax Addition: ITAT Gives Relief to Homebuyer [Read Order]")
Real Estate Broker’s Excel Sheet Triggers ₹48 Lakh ‘On-Money’ Income Tax Addition: ITAT Gives Relief to Homebuyer [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) granted relief to a homebuyer after an income tax addition of Rs. 48 lakh was ...
![Consultant Failed Him’: ITAT remands ₹18.5L Income Tax Addition on Differently Abled Taxpayer, Condones 600+ days Delay [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/250x150_2110077-income-tax-addition-taxpayer-days-delay-taxscan.webp "Consultant Failed Him’: ITAT remands ₹18.5L Income Tax Addition on Differently Abled Taxpayer, Condones 600+ days Delay [Read Order]")
![Unsecured Loan Genuine and Merely Carried Forward from Earlier Year, Not Fresh Borrowing: ITAT Deletes Rs. 2.50 Cr Income Tax Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/250x150_2099394-unsecured-loan-fresh-borrowing-loan-itat-income-tax-addition-income-tax-taxscan.webp "Unsecured Loan Genuine and Merely Carried Forward from Earlier Year, Not Fresh Borrowing: ITAT Deletes Rs. 2.50 Cr Income Tax Addition u/s 68 [Read Order]")
![Failure to Establish Three Essential Ingredients: ITAT upholds Income Tax Addition u/s 68 on Accommodation Entries [Read Order]](https://images.taxscan.in/h-upload/2025/10/04/250x150_2093817-income-tax-addition-share-value-report-share-premium-capital-itat-orders-taxscan.webp "Failure to Establish Three Essential Ingredients: ITAT upholds Income Tax Addition u/s 68 on Accommodation Entries [Read Order]")
![₹1.30 Cr Cash Deposits Not ‘Unexplained’ u/s 68: ITAT Relies on Books of Account to Reject Survey-Based Income Tax Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/250x150_2093437-cash-deposits-itat-income-tax-taxscan.webp "₹1.30 Cr Cash Deposits Not ‘Unexplained’ u/s 68: ITAT Relies on Books of Account to Reject Survey-Based Income Tax Addition [Read Order]")
![ITAT directs to delete Income Tax Additions based on Interest Paid on Cash Loans [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/500x300_2078048-itat-income-tax-paid-cash-loans-taxscan.webp "ITAT directs to delete Income Tax Additions based on Interest Paid on Cash Loans [Read Order]")
ITAT Quashes Part of Income Tax Addition u/s 69A on Cash Deposits During Demonetization Based on Sales Evidence [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly deleted an income tax addition of ₹59,78,000 made under Section 69A of the Income Tax Act, 1961, on cash deposits during...
![ITAT Quashes Part of Income Tax Addition u/s 69A on Cash Deposits During Demonetization Based on Sales Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/500x300_2070895-itat-itat-quashes-itat-quashes-part-of-income-tax-addition-income-tax-addition-taxscan.webp "ITAT Quashes Part of Income Tax Addition u/s 69A on Cash Deposits During Demonetization Based on Sales Evidence [Read Order]")
Income Tax Addition of ₹52.3 Lakh u/s 69A: ITAT Orders Remands for Enquiry Since Assessee Was Not Grossly Non-compliant [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has remanded an income tax addition of ₹52,34,050 which was made under section 69A of the Income Tax Act, 1961 for fresh adjudication....
![Income Tax Addition of ₹52.3 Lakh u/s 69A: ITAT Orders Remands for Enquiry Since Assessee Was Not Grossly Non-compliant [Read Order]](https://images.taxscan.in/h-upload/2025/07/23/500x300_2068149-itat-delhi-income-tax-taxscan.webp "Income Tax Addition of ₹52.3 Lakh u/s 69A: ITAT Orders Remands for Enquiry Since Assessee Was Not Grossly Non-compliant [Read Order]")
ITAT Deletes ₹9.9 Cr Income Tax Addition Over AO’s Profit Overestimation and Unsubstantiated Loans [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) deletes a 9.9 crore tax addition made by the AO because of the overestimation of profit, misclassification of assets, and lack of...
![ITAT Deletes ₹9.9 Cr Income Tax Addition Over AO’s Profit Overestimation and Unsubstantiated Loans [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Income-Tax-Addition-AO-Profit-Overestimation-Unsubstantiated-Loans-taxscan.jpg "ITAT Deletes ₹9.9 Cr Income Tax Addition Over AO’s Profit Overestimation and Unsubstantiated Loans [Read Order]")
Reopening Based on Mere Change of Opinion Invalid: ITAT Quashes ₹4.96 Crore Income Tax Addition [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) quashed the reassessment proceedings, ruling that the reopening of assessment based on a mere change of opinion was invalid under the...
![Reopening Based on Mere Change of Opinion Invalid: ITAT Quashes ₹4.96 Crore Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Addition-ITAT-Quashes-ITAT-taxscan.jpg "Reopening Based on Mere Change of Opinion Invalid: ITAT Quashes ₹4.96 Crore Income Tax Addition [Read Order]")
Delhi HC Quashes Rs. 26.52 Cr Income Tax Addition on Power Pricing, Upholds SEB Rates for S. 80IA Deduction [Read Order]
The Delhi High Court quashed the addition of Rs.26.52 crore on DCM Shriram Ltd. stating that SEB rates were appropriate to determine the market value of power transactions for claiming deduction...
![Delhi HC Quashes Rs. 26.52 Cr Income Tax Addition on Power Pricing, Upholds SEB Rates for S. 80IA Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Delhi-HC-Delhi-HC-Quashes-Income-Tax-Addition-Income-Tax-Income-Tax-Addition-on-Power-Pricing-Upholds-SEB-Rates-SEB-Rates-taxscan.jpg "Delhi HC Quashes Rs. 26.52 Cr Income Tax Addition on Power Pricing, Upholds SEB Rates for S. 80IA Deduction [Read Order]")
₹51L Income Tax Addition u/s.56(2) by Arbitrary Rejection of Share Value Report to Tax Entire Share Premium and Capital: ITAT Orders Deletion [Read Order]
The Jodhpur Bench of the Income Tax Appellate Tribunal (ITAT) recently ordered the deletion of an income tax addition of ₹51,00,000/-, observing that the Assessing Officer (AO) had arbitrarily...
![₹51L Income Tax Addition u/s.56(2) by Arbitrary Rejection of Share Value Report to Tax Entire Share Premium and Capital: ITAT Orders Deletion [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Income-Tax-Addition-Share-Value-Report-Share-Premium-Capital-ITAT-Orders-taxscan.jpg "₹51L Income Tax Addition u/s.56(2) by Arbitrary Rejection of Share Value Report to Tax Entire Share Premium and Capital: ITAT Orders Deletion [Read Order]")