![Cash deposited through Bank Accounts of Company during Demonetisation Period are not Unexplained Cash: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Cash-deposited-Bank-Accounts-Company-Demonetisation-Period-Unexplained-Cash-ITAT-TAXSCAN.jpg "Cash deposited through Bank Accounts of Company during Demonetisation Period are not Unexplained Cash: ITAT [Read Order]")
Cash deposited through Bank Accounts of Company during Demonetisation Period are not Unexplained Cash: ITAT [Read Order]
The Lucknow bench of Income Tax Appellate Tribunal (ITAT) has held that cash deposited through bank accounts of companies during the demonetisation...
![Deduction of Expenditure u/s 57(iii) can be for Negative or Positive Income: ITAT quashes Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Deduction-Expenditure-Income-ITAT-taxscan.jpg "Deduction of Expenditure u/s 57(iii) can be for Negative or Positive Income: ITAT quashes Order of CIT(A) [Read Order]")
![ITAT considers Revised Tax Audit Report as Additional Evidence as it is vital piece of evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Revised-Tax-Audit-Report-evidence-taxscan.jpg "ITAT considers Revised Tax Audit Report as Additional Evidence as it is vital piece of evidence [Read Order]")
![Illiterate person not aware that certain amount received under VRS was exempt: ITAT condones delay of 887 days [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Illiterate-person-VRS-ITAT-taxscan.jpg "Illiterate person not aware that certain amount received under VRS was exempt: ITAT condones delay of 887 days [Read Order]")
Primary object is Advancement of General Public Utility: ITAT grants Registration to District Bar Association u/s 12AA [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh grants registration to society under Section 12AA of the Income Tax Act, 1961 as Primary object is advancement of general public utility. The...
![Primary object is Advancement of General Public Utility: ITAT grants Registration to District Bar Association u/s 12AA [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/General-Public-Utility-ITAT-Registration-District-Bar-Association-taxscan.jpg "Primary object is Advancement of General Public Utility: ITAT grants Registration to District Bar Association u/s 12AA [Read Order]")
![Ola not liable to deduct TDS on payment to driver: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/OLA-ITAT-Case-Ola-TDS-on-payment-ITAT-taxscan.jpeg "Ola not liable to deduct TDS on payment to driver: ITAT [Read Order]")
Cash Deposits during Demonetization Period: No Addition if AO Accepted Documents and BoA containing Cash Credits, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh bench held that addition in respect of unexplained cash credit under sections 68 and 69A of the Income Tax Act, 1961 cannot be made when documents...
![Cash Deposits during Demonetization Period: No Addition if AO Accepted Documents and BoA containing Cash Credits, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/documents-books-of-account-AO-ITAT-taxscan.jpeg "Cash Deposits during Demonetization Period: No Addition if AO Accepted Documents and BoA containing Cash Credits, rules ITAT [Read Order]")
Addition of Unexplained Income u/s 69 not sustainable in the presence of duly Audited Regular Books: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Chandigarh Bench has held that the addition of unexplained income u/s 69 is not sustainable in the presence of the duly audited regular books. The...
![Addition of Unexplained Income u/s 69 not sustainable in the presence of duly Audited Regular Books: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/unexplained-income-audited-regular-books-ITAT-books-Taxscan.jpeg "Addition of Unexplained Income u/s 69 not sustainable in the presence of duly Audited Regular Books: ITAT [Read Order]")
Salary paid Outside the Books of Account cannot be considered as Concealed Profit, No Addition to Income sustained: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh bench comprising Shri N K Saini, vice president & Shri Sudhanshu Srivastava, has held that salary paid outside the books of account cannot be...
![Salary paid Outside the Books of Account cannot be considered as Concealed Profit, No Addition to Income sustained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Salary-book-of-account-profit-income-ITAT-taxscan.jpg "Salary paid Outside the Books of Account cannot be considered as Concealed Profit, No Addition to Income sustained: ITAT [Read Order]")
Relief to Hero Motocorp: No disallowance u/s 14A can be made by invoking provisions of Rule 8D retrospectively, says ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), while providing relief to Hero Motocorp ruled that no disallowance under section 14A can be made by invoking provisions of Rule 8D retrospectively. The...
![Relief to Hero Motocorp: No disallowance u/s 14A can be made by invoking provisions of Rule 8D retrospectively, says ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Relief-Hero-Motocorp-No-disallowance-invoking-provisions-Rule-8D-ITAT-taxscan.jpg "Relief to Hero Motocorp: No disallowance u/s 14A can be made by invoking provisions of Rule 8D retrospectively, says ITAT [Read Order]")