![No Evidence of Tax Evasion by showing Fictitious or False Transactions: ITAT deletes Addition of Expenditure u/s 40A(3) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Evidence-Tax-Evasion-ITAT-taxscan.jpeg "No Evidence of Tax Evasion by showing Fictitious or False Transactions: ITAT deletes Addition of Expenditure u/s 40A(3) [Read Order]")
No Evidence of Tax Evasion by showing Fictitious or False Transactions: ITAT deletes Addition of Expenditure u/s 40A(3) [Read Order]
The Income Tax Appellate Tribunal (ITAT), Patna Bench has held that no evidence of tax evasion by showing fictitious or false transactions and...
![No Evidence of Remission or Cessation of Liability: ITAT deletes Addition of Liability as Profits chargeable to Tax u/s 41(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Evidence-ITAT-Tax-taxscan.jpeg "No Evidence of Remission or Cessation of Liability: ITAT deletes Addition of Liability as Profits chargeable to Tax u/s 41(1) [Read Order]")
![Addition of Unexplained Capital will sustain in absence Evidence to Prove Source of Capital: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Evidence-Capital-ITAT-taxscan.jpeg "Addition of Unexplained Capital will sustain in absence Evidence to Prove Source of Capital: ITAT [Read Order]")
![No Evidence to Prove Status as Private Beneficiary Trust: ITAT Rejects claim to Tax in Individual Manner [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/evidence-private-beneficiary-trust-ITAT-taxscan.jpg "No Evidence to Prove Status as Private Beneficiary Trust: ITAT Rejects claim to Tax in Individual Manner [Read Order]")
![Antecedents cannot be Evidence for alleged Undervaluation of Goods: CESTAT grants relief to Granite India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/evidence-CESTAT-Granite-India-taxscan.jpg "Antecedents cannot be Evidence for alleged Undervaluation of Goods: CESTAT grants relief to Granite India [Read Order]")
Supporting Evidence mandatory for claim TDS Credit in absence of TDS Certificate: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench consisting of Rahul Chaudhary, Judicial Member, and Om Prakash Kant, Accountant Member held that supporting evidence is mandatory for claiming...
![Supporting Evidence mandatory for claim TDS Credit in absence of TDS Certificate: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/evidence-claim-TDS-Credit-ITAT-Taxscan.jpg "Supporting Evidence mandatory for claim TDS Credit in absence of TDS Certificate: ITAT [Read Order]")
CESTAT dismisses Allegation of Export Duty Evasion on Samples sent for Certification as Finished Goods on ground of Lack of Evidence [Read Order]
THE Customs Excise and Service Tax Appellate Tribunal (CESTAT), Chennai dismissed allegation of export duty evasion on samples sent for certification as finished goods on grounds of lack of evidence....
![CESTAT dismisses Allegation of Export Duty Evasion on Samples sent for Certification as Finished Goods on ground of Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/CESTAT-export-duty-evasion-finished-goods-lack-of-evidence-taxscan.jpeg "CESTAT dismisses Allegation of Export Duty Evasion on Samples sent for Certification as Finished Goods on ground of Lack of Evidence [Read Order]")
![Penalty for Forgery of BSI Certificate will sustain on Corroborated Evidence: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Penalty-BSI-certificate-corroborated-evidence-CESTAT-taxscan.jpeg "Penalty for Forgery of BSI Certificate will sustain on Corroborated Evidence: CESTAT [Read Order]")
Mis-Declaration of Country of Origin to Evade ADD: CESTAT quashes Customs Penalty without Evidence [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench in the issue of misdeclaration of the country of origin to evade Anti-Dumping Duty (ADD) had quashed customs penalty...
![Mis-Declaration of Country of Origin to Evade ADD: CESTAT quashes Customs Penalty without Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Mis-declaration-o-CESTAT-Customs-Penalty-Evidence-taxscan.jpeg "Mis-Declaration of Country of Origin to Evade ADD: CESTAT quashes Customs Penalty without Evidence [Read Order]")
Evidence for Verification of Cash Deposit would invalidate Reopening of Assessment u/s 147: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Amritsar bench has held that reopening of assessment u/s 147 of Income Tax Act 1961 would invalidate in the presence of evidence for verification of cash...
![Evidence for Verification of Cash Deposit would invalidate Reopening of Assessment u/s 147: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Evidence-cash-deposit-assessment-ITAT-taxscan.jpeg "Evidence for Verification of Cash Deposit would invalidate Reopening of Assessment u/s 147: ITAT [Read Order]")
Addition u/s 68 will not sustain in the presence of Evidence which proves Authenticity of Transaction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi held that addition u/s 68 of Income Tax Act 1961 will not sustain in the presence of evidence which proves the authenticity of the transaction. ...
![Addition u/s 68 will not sustain in the presence of Evidence which proves Authenticity of Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Addition-evidence-authenticity-of-transaction-ITAT-Taxscan.jpg "Addition u/s 68 will not sustain in the presence of Evidence which proves Authenticity of Transaction: ITAT [Read Order]")
No Evidence adduced to Prove Creditworthiness of Creditors: ITAT confirms addition made by CIT (A) [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) has held that no evidence adduced to prove creditworthiness of creditors and confirms addition made by CIT (A). The appellant, Nitin...
![No Evidence adduced to Prove Creditworthiness of Creditors: ITAT confirms addition made by CIT (A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Evidence-Creditworthiness-ITAT-CIT-A-Taxscan.jpeg "No Evidence adduced to Prove Creditworthiness of Creditors: ITAT confirms addition made by CIT (A) [Read Order]")