![Re-adjudication of Income Tax Addition as Unexplained Money: ITAT Restores Delayed Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Re-adjudication-of-Income-Tax-Addition-as-Unexplained-Money-ITAT-Restores-Delayed-Application-TAXSCAN-1.jpg "Re-adjudication of Income Tax Addition as Unexplained Money: ITAT Restores Delayed Application [Read Order]")
Re-adjudication of Income Tax Addition as Unexplained Money: ITAT Restores Delayed Application [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) restored the matter to the file of the Commissioner of Income Tax (Appeals) [CIT (A)] for...
![ITAT upholds Deletion of Addition u/s 69A of Income Tax Act by CIT(A) on Ground of Genuine Disclosure of Transactions in ROI [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Upholds-Deletion-Income-Tax-Act-CITA-Ground-Genuine-Disclosure-Transactions-ROI-TAXSCAN.jpg "ITAT upholds Deletion of Addition u/s 69A of Income Tax Act by CIT(A) on Ground of Genuine Disclosure of Transactions in ROI [Read Order]")
![ÂÂITAT Deletes Addition made by AO on Ground of Joint Account Income cannot be Considered as Unexplained Money u/s 69A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Deletes-Addition-made-by-AO-on-Ground-of-Joint-Account-Income-cannot-be-Considered-as-Unexplained-Money-Income-Tax-Act-TAXSCAN.jpg "ÂÂITAT Deletes Addition made by AO on Ground of Joint Account Income cannot be Considered as Unexplained Money u/s 69A of Income Tax Act [Read Order]")
![ITAT deletes Additions made u/s 69A Income Tax Act towards Purchase of Windmill Based on Dumb Unsigned Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-deletes-additions-Income-Tax-Act-Purchase-Windmill-dumb-unsigned-documents-income-tax-taxscan.jpg "ITAT deletes Additions made u/s 69A Income Tax Act towards Purchase of Windmill Based on Dumb Unsigned Documents [Read Order]")
![Addition made by AO u/s 69A r.w.s 115BBE of Income Tax Act due to Non Filing of ROI : ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Act-due-Non-Filing-of-ROI-ITAT-Directs-Re-adjudication-TAXSCAN.jpg "Addition made by AO u/s 69A r.w.s 115BBE of Income Tax Act due to Non Filing of ROI : ITAT Directs Re-adjudication [Read Order]")
Addition made u/s 69 of Income Tax Act on ground of Unexplained Investment on Bank Account: ITAT Deletes Addition [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition made by the assessing office under section 69 of the Income Tax Act,1961 on the ground of unexplained investment in a...
![Addition made u/s 69 of Income Tax Act on ground of Unexplained Investment on Bank Account: ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Income-Tax-Act-Addition-Unexplained-Investment-Bank-Account-delete-Addition-ITAT-Investment-Bank-Account-Income-Tax-taxscan.jpg "Addition made u/s 69 of Income Tax Act on ground of Unexplained Investment on Bank Account: ITAT Deletes Addition [Read Order]")
S. 69 Addition not Sustainable on Mere Delay in Deposit During Demonetisation Period: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that addition under Section 69 of the Income Tax Act 1961 is not sustainable on mere delay in deposit during demonetisation period. ...
![S. 69 Addition not Sustainable on Mere Delay in Deposit During Demonetisation Period: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Addition-not-Sustainable-on-Mere-Delay-Deposit-During-Demonetisation-Period-ITAT-TAXSCAN.jpg "S. 69 Addition not Sustainable on Mere Delay in Deposit During Demonetisation Period: ITAT [Read Order]")
No Addition of LTCG can be made u/s 69A on Account of Alleged Unexplained Investment in Jewellery: ITAT [Read Order]
The New Delhi bench of Income Tax Appellate Tribunal(ITAT) held that addition of long term capital gain can be made by the assessing officer under Section 69A of Income Tax Act, 1961 on account of...
![No Addition of LTCG can be made u/s 69A on Account of Alleged Unexplained Investment in Jewellery: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-addition-of-LTCG-account-of-alleged-unexplained-investment-in-jewellery-ITAT-TAXSCAN.jpg "No Addition of LTCG can be made u/s 69A on Account of Alleged Unexplained Investment in Jewellery: ITAT [Read Order]")
Section 69A of IT Act not applicable if Assessee has plausible Explanation regarding Source of Jewellery Found during Search : ITAT deletes Addition [Read Order]
The Pune bench of Income Tax Appellate Tribunal (ITAT) has recently while deleting the addition made by the Assessing Officer (AO) held that provision of Section 69A of the Income Tax Act...
![Section 69A of IT Act not applicable if Assessee has plausible Explanation regarding Source of Jewellery Found during Search : ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessee-plausible-Explanation-regarding-Source-of-Jewelry-Found-during-Search-ITAT-deletes-Addition-TAXSCAN.jpg "Section 69A of IT Act not applicable if Assessee has plausible Explanation regarding Source of Jewellery Found during Search : ITAT deletes Addition [Read Order]")
Bitumen not 'Valuable Article’, Carrier of Bitumen not ‘Owner' u/s 69A of Income Tax Act: Supreme Court [Read Judgement]
In a major ruling the Supreme Court of India observed that bitumen cannot be treated as a ‘valuable article’ under Section 69A of the Income Tax Act, 1961 and the ownership of the goods did not pass...
![Bitumen not Valuable Article’, Carrier of Bitumen not ‘Owner u/s 69A of Income Tax Act: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/05/Bitumen-Valuable-Article-wner-Income-Tax-Act-Income-Tax-Supreme-Court-taxscan.jpg "Bitumen not Valuable Article’, Carrier of Bitumen not ‘Owner u/s 69A of Income Tax Act: Supreme Court [Read Judgement]")
![Undisclosed Investments in Unaccounted Stock should be Taxed Separately: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Undisclosed-Investments-Unaccounted-Stock-Investments-Taxed-Separately-ITAT-Taxscan.jpg "Undisclosed Investments in Unaccounted Stock should be Taxed Separately: ITAT [Read Order]")
ITAT deletes Additions on Unexplained Cash Deposit u/s 69A and 68 due to Proper Explanation by Assessee [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) deleted the additions on unexplained cash deposits under Sections 69A and 68 of Income Tax Act, 1961 upon receipt of proper explanation...
![ITAT deletes Additions on Unexplained Cash Deposit u/s 69A and 68 due to Proper Explanation by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-deletes-Additions-Income-Tax-ITAT-ITAT-deletes-Additions-on-Unexplained-Cash-Deposit-Unexplained-Cash-Deposit-Proper-Explanation-Assessee-taxscan.jpg "ITAT deletes Additions on Unexplained Cash Deposit u/s 69A and 68 due to Proper Explanation by Assessee [Read Order]")