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Income Tax Case Digest: Addition on Cash Deposits - Part 1
Unexplained cash deposits have been a focal point of scrutiny in the Indian income tax framework. Section 69A of the Income Tax Act, 1961, is a...



![CIT(E) Rejects State Trust Application u/s 12AB for Missing Deadline: ITAT Overturns Decision citing CBDT Deadline Extension Circular. [Read Order] CIT(E) Rejects State Trust Application u/s 12AB for Missing Deadline: ITAT Overturns Decision citing CBDT Deadline Extension Circular. [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CBDT-Deadline-Extension-Circular-Section-12AB-income-tax-act-ITAT-taxscan.jpg)
![Unexplained Cash Deposits u/s 69A: ITAT Remands Case to AO for Reassessment citing Natural Justice Violation [Read Order] Unexplained Cash Deposits u/s 69A: ITAT Remands Case to AO for Reassessment citing Natural Justice Violation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-Unexplained-cash-deposits-taxscan.jpg)
![Unexplained Income from Rigged Stock Trades: ITAT upholds Rs. 44L Addition [Read Order] Unexplained Income from Rigged Stock Trades: ITAT upholds Rs. 44L Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Surat-Unexplained-Income-Rigged-Stock-Trades-Income-Tax-Appellate-Tribunal-Section-68-of-Income-Tax-Act-Income-Tax-taxscan.jpg)
![Section 147 and 153C of Income Tax can be Applied Interchangeably: ITAT upholds Reassessment u/s 147 in Bogus Purchase Matter [Read Order] Section 147 and 153C of Income Tax can be Applied Interchangeably: ITAT upholds Reassessment u/s 147 in Bogus Purchase Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Section-147-153C-of-Income-Tax-Applied-Interchangeably-ITAT-Reassessment-Bogus-Purchase-Matter-taxscan.jpg)
![Plea of Technical Glitch Rejected for Delayed EPF, ESI Payments: ITAT upholds Disallowance of 1.75L [Read Order] Plea of Technical Glitch Rejected for Delayed EPF, ESI Payments: ITAT upholds Disallowance of 1.75L [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/delayed-EPF-and-ESI-payment-Cases-Delayed-PF-payments-penalty-EPF-and-ESI-compliance-taxscan.jpg)
![Unsecured Loans Received in Previous Years not Taxable in Next Year: ITAT deletes Addition u/s 68 [Read Order] Unsecured Loans Received in Previous Years not Taxable in Next Year: ITAT deletes Addition u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-ITAT-Surat-Unsecured-Loan-Taxation-in-Unsecured-Loans-Section-68-of-Income-Tax-Act-Taxscan.jpeg)
![ITAT Restores Case to AO for Fresh Assessment, Granting Assessee Opportunity to Substantiate Cash Deposits [Read Order] ITAT Restores Case to AO for Fresh Assessment, Granting Assessee Opportunity to Substantiate Cash Deposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Surat-Cash-Deposits-Income-Tax-Appellate-Tribunal-Income-Tax-Section-144-of-Income-Tax-Act-Taxscan.jpg)
![ITAT Reduces Commission Income Addition to 0.50% on Bank Transactions in Income Tax Appeal, Citing It as Reasonable [Read Order] ITAT Reduces Commission Income Addition to 0.50% on Bank Transactions in Income Tax Appeal, Citing It as Reasonable [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Surat-Income-Tax-Income-Addition-Income-Tax-Appeal-ITAT-Reduces-Income-Addition-Taxscan.jpeg)
![ITAT Remands Case to AO for Verification of Rs. 15.71 Lakh Liability u/s 41(1) due to Insufficient Evidence of Payment and TDS Deduction [Read Order] ITAT Remands Case to AO for Verification of Rs. 15.71 Lakh Liability u/s 41(1) due to Insufficient Evidence of Payment and TDS Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/TAT-ITAT-Surat-ITAT-Remands-Case-to-AO-TDS-Deduction-Income-Tax-Section-411-of-Income-Tax-Act-Taxscan.png)
![ITAT Partly allows Agricultural Income Claim, upholds Disallowance of Portion due to Lack of Evidence [Read Order] ITAT Partly allows Agricultural Income Claim, upholds Disallowance of Portion due to Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-Agricultural-Income-taxscan.jpg)
![ITAT restores Assessment for Fresh Consideration due to Lack of Fair Opportunity [Read Order] ITAT restores Assessment for Fresh Consideration due to Lack of Fair Opportunity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Lack-of-Fair-Opportunity-ITAT-Restores-Assessment-Fresh-assessment-ordered-by-ITAT-Income-Tax-taxscan.jpg)