![Cash Deposits Were Duly Recorded in NBFC’s Books: ITAT Deletes Rs. 14.84 Lakh Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Chennai-Cash-deposits-recorded-NBFC-books-TAXSCAN.jpg "Cash Deposits Were Duly Recorded in NBFC’s Books: ITAT Deletes Rs. 14.84 Lakh Addition [Read Order]")
Cash Deposits Were Duly Recorded in NBFC’s Books: ITAT Deletes Rs. 14.84 Lakh Addition [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of Rs. 14.84 lakhs made under Section 69A of the Income Tax Act,...
![No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Order-Income-Tax-Commissioner-Penalty-order-by-AO-TAXSCAN.jpg "No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]")
![ITAT directs TPO to exclude Companies with Turnover exceeding or below 10 times for Transfer Pricing Comparable Analysis [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Determination-of-ALP-Professional-Fee-AO-TPO-ITAT-Addition-transfer-pricing-adjustment-taxscan.jpg "ITAT directs TPO to exclude Companies with Turnover exceeding or below 10 times for Transfer Pricing Comparable Analysis [Read Order]")
![Income Tax Authorities fails to discuss difference in Sundry Creditors before Confirming Addition u/s 41(1): ITAT remands Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-income-tax-Income-tax-authorities-Sundry-creditors-AO-TAXSCAN.jpg "Income Tax Authorities fails to discuss difference in Sundry Creditors before Confirming Addition u/s 41(1): ITAT remands Matter to AO [Read Order]")
![No Incriminating Material found during Search: ITAT quashes Assessment u/s 153A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-tax-Income-tax-news-Income-tax-search-Income-tax-assessment-taxscan.jpg "No Incriminating Material found during Search: ITAT quashes Assessment u/s 153A of Income Tax Act [Read Order]")
Taxpayer Filed Copy of Bills and Bank Transaction Evidences: ITAT allows 40 lakhs Addition while Calculating LTCG from Property Sale [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) allowed Rs. 40 lakhs addition while calculating Long-Term Capital Gains ( LTCG ) from the sale of property as the taxpayer filed copies...
![Taxpayer Filed Copy of Bills and Bank Transaction Evidences: ITAT allows 40 lakhs Addition while Calculating LTCG from Property Sale [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-income-tax-acts-in-2024-ITAT-ruling-on-LTCG-addition-Long-term-capital-gain-TAXSCAN.jpg "Taxpayer Filed Copy of Bills and Bank Transaction Evidences: ITAT allows 40 lakhs Addition while Calculating LTCG from Property Sale [Read Order]")
Deduction u/s 80 IA of Income Tax Act not allowed to Enterprise carrying Civil Contract Work for Developer of Infrastructure facility: ITAT [Read Order]
In a recent ruling the Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) observed that the deduction under Section 80 IA of the Income Tax Act, 1961 is not allowed to enterprise carrying...
![Deduction u/s 80 IA of Income Tax Act not allowed to Enterprise carrying Civil Contract Work for Developer of Infrastructure facility: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Chennai-Income-Tax-Infrastructure-development-taxscan.jpg "Deduction u/s 80 IA of Income Tax Act not allowed to Enterprise carrying Civil Contract Work for Developer of Infrastructure facility: ITAT [Read Order]")
857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay in Appeal Filing [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) directed the Commissioner of Income Tax (Appeals) [(CIT(A)] to condone the 857-day delay in filing the appeal a the assessee has given...
![857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay in Appeal Filing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-Tax-Delay-in-appeal-filing-TAXSCAN.jpg "857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay in Appeal Filing [Read Order]")
![Assessment Order passed after thorough Scrutiny by AO: ITAT sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Chennai-Income-Tax-Appellate-Tribunal-Assessment-Order-ITAT-AO-Scrutiny-taxscan.jpg "Assessment Order passed after thorough Scrutiny by AO: ITAT sets aside Order [Read Order]")
![ITAT Annual Digest [Part - 38]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Tax-tribunal-updates-Income-tax-updates-2023-Key-tax-judgments-2023-Income-Tax-ITAT-Cases-taxscan.jpg "ITAT Annual Digest [Part - 38]")
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