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![Advance Payment Not Unexplained Credit: ITAT Deletes ₹2 Cr Addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Advance-Payment-Unexplained-Credit-Not-Unexplained-Credit-ITAT-Income-Tax-Act-Section-68-of-Income-Tax-Act-Income-Tax-taxscan.jpg "Advance Payment Not Unexplained Credit: ITAT Deletes ₹2 Cr Addition u/s 68 of Income Tax Act [Read Order]")
Advance Payment Not Unexplained Credit: ITAT Deletes ₹2 Cr Addition u/s 68 of Income Tax Act [Read Order]
In a recent case, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed an appeal put forth by the revenue, deleting a ₹2 Crore...
![Agriculturist not Liable for Buyers non-response to Tax Notice: ITAT Confirms Cash Deposits as Agricultural Income with Sale Bills and Land Records [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Agriculturist-Not-Liable-for-Buyers-Non-Response-to-Tax-Notice-Sale-Land-taxsscan.jpg "Agriculturist not Liable for Buyers non-response to Tax Notice: ITAT Confirms Cash Deposits as Agricultural Income with Sale Bills and Land Records [Read Order]")
![Factual Examination on Addition of Unexplained Cash Credit under Income Tax Act Is Beyond Scope Of Appeal u/s 260A: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Calcutta-HC-Calcutta-High-Court-Factual-Examination-Unexplained-Cash-Credit-Income-Tax-Act-Section-260A-of-the-Income-Tax-Act-taxscan.jpg "Factual Examination on Addition of Unexplained Cash Credit under Income Tax Act Is Beyond Scope Of Appeal u/s 260A: Calcutta HC [Read Order]")
![Payment made to the seven sub-contractors didn’t breach the threshold limit: ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Payment-sub-contractors-threshold-limit-ITAT-Taxscan.jpg "Payment made to the seven sub-contractors didn’t breach the threshold limit: ITAT deletes addition [Read Order]")