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![ITAT quashes Addition of alleged Unexplained Investment as Assessee discharged Onus of Explaining Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-unexplained-investment-explaining-transactions-Taxscan.jpg "ITAT quashes Addition of alleged Unexplained Investment as Assessee discharged Onus of Explaining Transactions [Read Order]")
ITAT quashes Addition of alleged Unexplained Investment as Assessee discharged Onus of Explaining Transactions [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench quashed the addition of alleged unexplained investment as the assessee discharged the onus...
![Encashment of Bank Guarantee is incurred in Normal Course of Business: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Encashment-of-bank-guarantee-normal-course-of-business-ITAT-taxscan.jpeg "Encashment of Bank Guarantee is incurred in Normal Course of Business: ITAT deletes Addition [Read Order]")
![Each and Every disallowance/addition made in Quantum does not ipso facto attract Penalty provision: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Penalty-ITAT-Quantum-Taxscan.jpg "Each and Every disallowance/addition made in Quantum does not ipso facto attract Penalty provision: ITAT deletes Penalty [Read Order]")
![Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/HSBC-Electronic-Data-Processing-ITAT-forward-contracts-AO-Taxscan.jpg "Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]")