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![No Addition u/s 69 of Income Tax Act when Cash Deposit, genuinely made in Bank Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Cash-Deposit-Bank-Account-Addition-Income-Tax-Act-ITAT-Income-Tax-taxscan.jpg "No Addition u/s 69 of Income Tax Act when Cash Deposit, genuinely made in Bank Account: ITAT [Read Order]")
No Addition u/s 69 of Income Tax Act when Cash Deposit, genuinely made in Bank Account: ITAT [Read Order]
A Division Bench of the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench held that no addition can be made under Section 69 of the Income Tax...
![No Evidence to Prove that Assessee made Payment beyond Sale Agreement: ITAT deletes Addition for Unexplained Investment [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-2-6.jpg "No Evidence to Prove that Assessee made Payment beyond Sale Agreement: ITAT deletes Addition for Unexplained Investment [Read Order]")
![Assessing Authority exceeds Jurisdiction for making Assessment in respect of Acquisition of the Property: ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Assessing-Authority-Jurisdiction-Assessment-Acquisition-Property-Acquisition-of-the-Property-ITAT-taxscan.jpeg "Assessing Authority exceeds Jurisdiction for making Assessment in respect of Acquisition of the Property: ITAT Deletes Addition [Read Order]")
![Account Holder must prove that Money Deposited in the Joint Account belongs to Another Account Holder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Money-Deposited-Taxscan.jpg "Account Holder must prove that Money Deposited in the Joint Account belongs to Another Account Holder: ITAT [Read Order]")
![No Addition when Source of Funds was referable to Monies Pooled from Customers in the Form of Advances Received and Sales effected in Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Monies-Taxscan.jpg "No Addition when Source of Funds was referable to Monies Pooled from Customers in the Form of Advances Received and Sales effected in Business: ITAT [Read Order]")
Investment in Jewellery can’t be treated as Unexplained when it is Reflected in Books & the Source of Fund is Evidenced through Bank A/c: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal, in its recent order said that Investment in Jewellery cannot be treated as Unexplained when it is reflected in the books & the source of Fund is...
![Investment in Jewellery can’t be treated as Unexplained when it is Reflected in Books & the Source of Fund is Evidenced through Bank A/c: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/05/excise-duty-on-jewellers.jpg "Investment in Jewellery can’t be treated as Unexplained when it is Reflected in Books & the Source of Fund is Evidenced through Bank A/c: ITAT [Read Order]")
Investment Shown under the head ‘Current Asset’ in the balance Sheet can’t be treated as Unexplained: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that if the assessee has disclosed investment under current assets in the balance sheet, then the same cannot be treated as...
![Investment Shown under the head ‘Current Asset’ in the balance Sheet can’t be treated as Unexplained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Investment-Funds-Taxscan.jpg "Investment Shown under the head ‘Current Asset’ in the balance Sheet can’t be treated as Unexplained: ITAT [Read Order]")
Amount Received by Assessee from Firm as a beneficiary can’t be treated as ‘Unexplained’: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently held that amounts received by the assessee from the firm as a beneficiary cannot be treated as unexplained for the purpose of...
![Amount Received by Assessee from Firm as a beneficiary can’t be treated as ‘Unexplained’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Cash-Transaction-Limit.jpg "Amount Received by Assessee from Firm as a beneficiary can’t be treated as ‘Unexplained’: ITAT [Read Order]")