![No Addition can be made Against Individual for Cash Deposit of Tuition Fee received from Students during Demonetization Period: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Cash-Deposit-Tuition-Fee-Demonetization-ITAT-Income-Tax-Tax-Taxscan.jpg "No Addition can be made Against Individual for Cash Deposit of Tuition Fee received from Students during Demonetization Period: ITAT [Read Order]")
No Addition can be made Against Individual for Cash Deposit of Tuition Fee received from Students during Demonetization Period: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, has deleted an addition under section 69A of the Income Tax Act, 1961 in respect of cash...
![Re-Deposit of Cash during Demonetization for House Renovation and Marriage of Son is “Normal Conduct of an Ordinary Man”: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Re-Deposit-of-Cash-Demonetization-House-Renovation-Marriage-of-Son-ITAT-taxscan.jpg "Re-Deposit of Cash during Demonetization for House Renovation and Marriage of Son is “Normal Conduct of an Ordinary Man”: ITAT deletes Addition [Read Order]")
![Cash Gift from Brother and Sister during Medical Emergencies cannot be treated as Unexplained: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Cash-Gift-from-Brother-and-Sister-Cash-Gift-medical-Emergencies-ITAT.jpg "Cash Gift from Brother and Sister during Medical Emergencies cannot be treated as Unexplained: ITAT deletes Addition [Read Order]")
![Past Savings kept in Locker not Unexplained Investment If Source is Explained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Unexplained-Investment-ITAT-Taxscan.jpg "Past Savings kept in Locker not Unexplained Investment If Source is Explained: ITAT [Read Order]")
Jewellery received by a Lady during the Span of 20 years of Marriage can’t be treated as Unexplained: ITAT [Read Order]
In a recent ruling in Suneela Soni vs Deputy Commissioner of Income Tax, Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that jewellery received by a lady during the span of 20 years...
![Jewellery received by a Lady during the Span of 20 years of Marriage can’t be treated as Unexplained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Jewellery-ITAT-Taxscan.jpg "Jewellery received by a Lady during the Span of 20 years of Marriage can’t be treated as Unexplained: ITAT [Read Order]")
Addition for Unexplained Expenditure is not mandatory even if no Explanation is offered or it is found to be Unsatisfactory: HC [Read Judgment]
A division bench of the Allahabad High Court, in Pr. Commissioner Of Income Tax, Varanasi v. Late Rama Shankar Yadav, held that addition in respect of unexplained expenditure under section 69A of the...
![Addition for Unexplained Expenditure is not mandatory even if no Explanation is offered or it is found to be Unsatisfactory: HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Expenditures-TAXSCAN.jpg "Addition for Unexplained Expenditure is not mandatory even if no Explanation is offered or it is found to be Unsatisfactory: HC [Read Judgment]")
Failure to Produce the dealers would not make the Entire Purchases ‘Bogus’ for the purpose of sec 69A: ITAT Mumbai [Read Order]
In Rupesh Chimanlal savla v. ITO, held that a purchase cannot be treated as bogus only because the assessee failed to produce the dealers. Deleting the addition made under section 69A of the Income...
![Failure to Produce the dealers would not make the Entire Purchases ‘Bogus’ for the purpose of sec 69A: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/ITAT-Ahmedabad.jpg "Failure to Produce the dealers would not make the Entire Purchases ‘Bogus’ for the purpose of sec 69A: ITAT Mumbai [Read Order]")
Confiscation of Smuggled Goods is not a ‘Business Loss’ even if the Assessee is acquitted from Criminal charges: Calcutta HC [Read Judgment]
“Decision of a Criminal Court is not binding in a Civil Action”. The division bench of the Calcutta High Court in a recent decision categorically held that the confiscation of the smuggled goods...
