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![Failure to establish Ingredients prescribed u/s 68 of Income Tax Act : ITAT upholds addition [Read Order] Failure to establish Ingredients prescribed u/s 68 of Income Tax Act : ITAT upholds addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Failure-Ingredients-Income-Tax-Act-ITAT-ITAT-upholds-addition-income-tax-itat-kolkata-taxscan.jpg)
Failure to establish Ingredients prescribed u/s 68 of Income Tax Act : ITAT upholds addition [Read Order]
The Kolkata  bench Income Tax Appellate Tribunal (ITAT) while confirming the addition made by the assessing officer held that the assessee failed...



![Failure to prove Malafide purpose of Shifting Profit under Client code modification: ITAT quashes Reassessment Proceedings [Read Order] Failure to prove Malafide purpose of Shifting Profit under Client code modification: ITAT quashes Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Reassessment-Proceedings-TAXSCAN.jpg)
![Receipts from construction of Plant and Machinery eligible for adjusting against the expenses on Capital Work in Progress: ITAT [Read Order] Receipts from construction of Plant and Machinery eligible for adjusting against the expenses on Capital Work in Progress: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Receipts-from-construction-Plant-and-Machinery-expenses-Capital-Work-Progress-ITAT-TAXSCAN.jpg)
![Relief to Sahara India: ITAT deletes Addition of Interest Income for AO’s Failure to Appreciate Facts Properly [Read Order] Relief to Sahara India: ITAT deletes Addition of Interest Income for AO’s Failure to Appreciate Facts Properly [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Sahara-India-Relief-to-Sahara-India-ITAT-Addition-Interest-Income-AO-taxscan.jpg)
![No addition on account of Share Premium received in excess of FMV u/s 56(2)(viib) of Income Tax Act: ITAT [Read Order] No addition on account of Share Premium received in excess of FMV u/s 56(2)(viib) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/addition-Share-Premium-No-addition-on-account-of-Share-Premium-FMV-taxscan-1.jpg)
![ITAT directs re-adjudication with respect to LTCG of sold property which canceled by Civil court [Read Order] ITAT directs re-adjudication with respect to LTCG of sold property which canceled by Civil court [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-re-adjudication-LTCG-ITAT-directs-readjudication-with-respect-to-LTCG-Civil-court-taxscan.jpg)
![Income from Housing Finance for Non-Residential purposes not eligible for Deduction u/s 36(1)(viii) of Income Tax Act: ITAT [Read Order] Income from Housing Finance for Non-Residential purposes not eligible for Deduction u/s 36(1)(viii) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Housing-Finance-Residential-purposes-deduction-us-361viii-Income-Tax-Act-ITAT-TAXSCAN.jpg)
![ITAT directs to allows Expenditure towards commission payment made to Agents who relate to Business Expenses [Read Order] ITAT directs to allows Expenditure towards commission payment made to Agents who relate to Business Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Kolkata-Income-Tax-Expenditure-TAXSCAN.jpg)
![Rental Income Shall be treated as Income from House Property, not Income from Other Sources: ITAT grants Relief to Piramal Enterprises [Read Order] Rental Income Shall be treated as Income from House Property, not Income from Other Sources: ITAT grants Relief to Piramal Enterprises [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Rental-Income-Income-from-House-Property-House-Property-ITAT-Piramal-Enterprises-taxscan.jpg)
![Source of Cash Deposit made in Corporation Bank is out of Advanced money received from Sale of Property: ITAT deletes addition [Read Order] Source of Cash Deposit made in Corporation Bank is out of Advanced money received from Sale of Property: ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-Income-Tax-Cash-Deposit-Corporation-bank-TAXSCAN-1.jpg)
![ITAT allows Deduction of ESOP expenses claimed within the time limit prescribed u/s 139(5) of Income Tax Act [Read Order] ITAT allows Deduction of ESOP expenses claimed within the time limit prescribed u/s 139(5) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Deduction-ESOP-TAXSCAN.jpg)