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![Circular Transactions could be added Substantively Only Once: ITAT quashes Income Tax Demand [Read Order] Circular Transactions could be added Substantively Only Once: ITAT quashes Income Tax Demand [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063787-itat-chennai-income-tax-demand-circular-transactions-taxscan.webp)
Circular Transactions could be added Substantively Only Once: ITAT quashes Income Tax Demand [Read Order]
The Income Tax Appellate Tribunal (ITAT), ITAT Chennai Bench, has delivered a significant verdict in the case of Shri Tharanipathy Rajkumar relating...


![Unexplained Income offered Consolidated basis under PMGKY: ITAT deletes Addition as Unexplained Money u/s 69A [Read Order] Unexplained Income offered Consolidated basis under PMGKY: ITAT deletes Addition as Unexplained Money u/s 69A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-PMGKY-ITAT-money-taxscan.jpg)
![Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order] Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Pradhan-Mantri-Garib-Kalyan-Yojana-income-unexplained-income-Taxscan.jpg)


![Govt Officials Prohibited from Sharing Information regarding PMGKY launched Post-Demonetisation [Read Notification] Govt Officials Prohibited from Sharing Information regarding PMGKY launched Post-Demonetisation [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/04/PMGKY-Scheme-Taxscan.jpg)