![ITAT Remands Case to AO for Fresh Order Due to Lack of Opportunity to Present Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Remands-Case-Remands-Case-Remands-Case-AO-for-Fresh-Order-Lack-of-Opportunity-Present-Evidence-Evidence-taxscan.jpg "ITAT Remands Case to AO for Fresh Order Due to Lack of Opportunity to Present Evidence [Read Order]")
ITAT Remands Case to AO for Fresh Order Due to Lack of Opportunity to Present Evidence [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) remanded the case to the Assessing Officer (AO) for a fresh order due to the assessee’s...
![ITAT orders for Re- adjudication due to Non-Consideration of Demonetization-Period Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Demonetization-Non-Consideration-of-Demonetization-taxscan.jpg "ITAT orders for Re- adjudication due to Non-Consideration of Demonetization-Period Evidence [Read Order]")
![Notices sent to Inactive Email ID: ITAT directs fresh hearing on Unexplained Demonetization Cash Deposits matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Demonetization-Notices-Sent-to-Inactive-Email-ID-Cash-Deposits-taxscan.jpg "Notices sent to Inactive Email ID: ITAT directs fresh hearing on Unexplained Demonetization Cash Deposits matter [Read Order]")
![Unexplained Cash Deposits during Demonetization: ITAT Limits Addition to ₹10 Lakhs Considering Possible Cash Sales [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/itat-demonetization-delhi-itat-cash-sales-cash-transaction-limit-income-tax.jpg "Unexplained Cash Deposits during Demonetization: ITAT Limits Addition to ₹10 Lakhs Considering Possible Cash Sales [Read Order]")
![ITAT Deletes Addition of Rs.53.23 Lakh on Cash Deposits During Demonetization, Directs Re-computation of Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Chennai-ITAT-Deletes-Addition-on-Cash-Deposits-Demonetization-Re-computation-of-income-Taxscan.jpg "ITAT Deletes Addition of Rs.53.23 Lakh on Cash Deposits During Demonetization, Directs Re-computation of Income [Read Order]")
AO Adds SBN Deposits by NBFC as Unexplained Cash Credit u/s 68 During Demonetization: ITAT Directs AO to Reassess and Apply CBDT Guidelines [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) directed the Assessing Officer ( AO ) to reassess the case involving the addition of Specified Bank Notes ( SBN ) deposits as...
![AO Adds SBN Deposits by NBFC as Unexplained Cash Credit u/s 68 During Demonetization: ITAT Directs AO to Reassess and Apply CBDT Guidelines [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-SBN-CBDT-CBDT-Guidelines-Taxscan.jpg "AO Adds SBN Deposits by NBFC as Unexplained Cash Credit u/s 68 During Demonetization: ITAT Directs AO to Reassess and Apply CBDT Guidelines [Read Order]")
Not Every Deposit during Demonetization Period would fall under Category of Unaccounted Cash: ITAT remits to AO for fresh consideration [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) remitted the case to the Assessing Officer ( AO ) for fresh consideration stating that not every deposit during the demonetization...
![Not Every Deposit during Demonetization Period would fall under Category of Unaccounted Cash: ITAT remits to AO for fresh consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Bangalore-ITAT-news-tax-news-tax-update-Taxscan.jpg "Not Every Deposit during Demonetization Period would fall under Category of Unaccounted Cash: ITAT remits to AO for fresh consideration [Read Order]")
ITAT Orders Re adjudication of Cash Deposits in Biscuit and Confectionery Business During Demonetization [Read Order]
The two member bench of Bangalore Income Tax Appellate Tribunal ( ITAT ) directed re adjudication regarding the cash deposited during the demonetisation period under the business of purchases and...
![ITAT Orders Re adjudication of Cash Deposits in Biscuit and Confectionery Business During Demonetization [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Re-adjudication-Cash-Deposits-Biscuit-Confectionery-Business-Demonetization-taxscan.jpg "ITAT Orders Re adjudication of Cash Deposits in Biscuit and Confectionery Business During Demonetization [Read Order]")
Cash generated from Sales and duly recorded in Books of Account can't be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the cash generated from sales and duly recorded in the books of account cannot be treated as unexplained cash credit under...
![Cash generated from Sales and duly recorded in Books of Account cant be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Cash-generated-Sales-and-duly-Books-of-Account-Unexplained-Cash-Credit-Income-Tax-Act-ITAT-TAXSCAN.jpg "Cash generated from Sales and duly recorded in Books of Account cant be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]")
Assessee adopted an Evasive/lackadaisical Approach and didn't Participate in Assessment Proceedings: ITAT upheld Addition u/s 69A of Income Tax Act [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) upheld the addition under Section 69A of the Income Tax Act, 1961 for the unexplained cash as the assessee adopted an evasive or...
![Assessee adopted an Evasive/lackadaisical Approach and didnt Participate in Assessment Proceedings: ITAT upheld Addition u/s 69A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Assessee-Evasive-lackadaisical-Approach-Participate-Assessment-Proceedings-ITAT-Addition-Income-Tax-Act-TAXSCAN.jpg "Assessee adopted an Evasive/lackadaisical Approach and didnt Participate in Assessment Proceedings: ITAT upheld Addition u/s 69A of Income Tax Act [Read Order]")
Acceptance of Demonetized Currency from 08.11.2016 Contrary to RBI Notification:ITAT Directs AO to Accept 50% Cash Deposits as Sale Proceeds received in Cash and Balance as Unexplained Money
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has directed the Assessing Officer (AO) to accept 50% of cash deposits as sale proceeds received in cash and balance as unexplained money as...
Undisputed Source of Cash Deposits in Bank Account during Demonetization: ITAT deletes Income Tax Addition [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that there is no vacillation to hold that the source of the cash deposited in the bank account has been undisputedly proved, hence deleted...
![Undisputed Source of Cash Deposits in Bank Account during Demonetization: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Undisputed-Source-of-Cash-Deposits-Source-of-Cash-Deposits-Bank-Account-ITAT-deletes-Income-Tax-Addition-ITAT-taxscan.jpg "Undisputed Source of Cash Deposits in Bank Account during Demonetization: ITAT deletes Income Tax Addition [Read Order]")