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![Sale Proceeds Recorded in Books Cannot be Recharacterized as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108388-unexplained-cash-credits.webp "Sale Proceeds Recorded in Books Cannot be Recharacterized as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]")
Sale Proceeds Recorded in Books Cannot be Recharacterized as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]
The Visakhapatnam Bench of the Income Tax Appellate Tribunal (ITAT) has held that once the books of accounts and the resultant trading results are...
![Finance Ministry notifies Increase in Special Additional Excise Duty on Production of Petroleum Crude w.e.f. 15th August 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/08/Finance-Ministry-Increase-Special-Excise-Duty-Production-Petroleum-Crude-TAXSCAN.jpg "Finance Ministry notifies Increase in Special Additional Excise Duty on Production of Petroleum Crude w.e.f. 15th August 2023 [Read Notification]")
![Central Govt Increases Special Additional Excise Duty on Production of Petroleum Crude w.e.f. 1st August 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/08/Central-Govt-Special-Additional-Excise-Duty-Production-Petroleum-Crude-taxscan.jpg "Central Govt Increases Special Additional Excise Duty on Production of Petroleum Crude w.e.f. 1st August 2023 [Read Notification]")
![CBIC Notifies Modified Special Additional Excise Duty on production of Petroleum Crude and export of Aviation turbine Fuel [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/01/CBIC-Excise-Duty-production-Petroleum-Crude-Aviation-turbine-Fuel-taxscan.jpg "CBIC Notifies Modified Special Additional Excise Duty on production of Petroleum Crude and export of Aviation turbine Fuel [Read Notification]")
![CBIC notifies Reduction of Special Additional Excise Duty on Diesel [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/09/CBIC-Excise-Duty-Diesel-taxscan.jpeg "CBIC notifies Reduction of Special Additional Excise Duty on Diesel [Read Notification]")