![Husband Funded Investment in Joint Property Not Taxable: ITAT Deletes ₹2.18 Cr Addition u/s 69A [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063189-joint-property-investment.webp "Husband Funded Investment in Joint Property Not Taxable: ITAT Deletes ₹2.18 Cr Addition u/s 69A [Read Order]")
Husband Funded Investment in Joint Property Not Taxable: ITAT Deletes ₹2.18 Cr Addition u/s 69A [Read Order]
The Ahmedabad Benchof the Income Tax Appellate Tribunal (ITAT) has deleted an addition of ₹2,18,19,600 made under section 69A of the Income Tax Act,...
![Business Receipts Is Substantiated Source of Cash Deposit: ITAT overturns ₹5.01 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/250x150_2059947-business-receipts-is-substantiated-source-business-receipts-substantiated-source-taxscan.webp "Business Receipts Is Substantiated Source of Cash Deposit: ITAT overturns ₹5.01 Lakh Addition [Read Order]")
![ITAT Dismisses Rs. 6.80 Cr Addition u/s 69A as Finds Transactions Duly Recorded and Explained by Assessee [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/250x150_2059942-itat-itat-dismisses-rs-680-cr-addition-addition-of-section-69a-transactions-duly-taxscan.webp "ITAT Dismisses Rs. 6.80 Cr Addition u/s 69A as Finds Transactions Duly Recorded and Explained by Assessee [Read Order]")
![ITAT Condones 66-day Delay in Filing Appeal due to COVID Lockdown and CAs Preoccupation [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057555-condones-delay-covid.webp "ITAT Condones 66-day Delay in Filing Appeal due to COVID Lockdown and CAs Preoccupation [Read Order]")
![Source of Fund of Joint Purchase of Property by Mother and Son Sufficiently Explained: ITAT Deletes ₹1.36 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/250x150_2056965-joint-purchase-of-property.webp "Source of Fund of Joint Purchase of Property by Mother and Son Sufficiently Explained: ITAT Deletes ₹1.36 Cr Addition [Read Order]")
Unverified Third-Party Pen Drive Data Cannot Justify Income Tax Addition Without Confronting Taxpayer: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) set aside an addition made under Section 69A of the Income Tax Act, 1961, ruling that third-party data from a pen drive and statements...
![Unverified Third-Party Pen Drive Data Cannot Justify Income Tax Addition Without Confronting Taxpayer: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/07/500x300_2041626-unverified-third-party-pen-drive-data-justify-income-tax-confronting-taxpayer-itat-taxscan.webp "Unverified Third-Party Pen Drive Data Cannot Justify Income Tax Addition Without Confronting Taxpayer: ITAT [Read Order]")
Unexplained Cash Deposits during Demonetization: ITAT Directs AO to Verify Books of Accounts and Cash Sales of Diamond and Gold Dealer [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) restored the matter to the Assessing Officer (AO) for fresh verification of books of accounts and cash sales of Diamond and Gold Dealer...
![Unexplained Cash Deposits during Demonetization: ITAT Directs AO to Verify Books of Accounts and Cash Sales of Diamond and Gold Dealer [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Unexplained-Cash-Deposits-Demonetization-ITAT-Ahmedabad-taxscan.jpg "Unexplained Cash Deposits during Demonetization: ITAT Directs AO to Verify Books of Accounts and Cash Sales of Diamond and Gold Dealer [Read Order]")
Cash Deposits Linked to Pension and Property Sale Properly explained': ITAT Quashes Unexplained Income Addition under Section 69A [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) quashed the Unexplained Income Addition under Section 69A of the Income Tax Act, 1961, by noting that the assessee had sufficiently...
![Cash Deposits Linked to Pension and Property Sale Properly explained: ITAT Quashes Unexplained Income Addition under Section 69A [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Pension-ITAT-TAXSCAN.jpg "Cash Deposits Linked to Pension and Property Sale Properly explained: ITAT Quashes Unexplained Income Addition under Section 69A [Read Order]")
ITAT Overturns CIT(A) Order, Restores Gas Agency’s Appeal Over Rs. 10.42 Lakh Demonetization Cash Deposits [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Pune Bench, has set aside an order by the Commissioner of Income Tax (Appeals) CIT(A) and restored the appeal of a Gas Agency, a partnership firm dealing...
![ITAT Overturns CIT(A) Order, Restores Gas Agency’s Appeal Over Rs. 10.42 Lakh Demonetization Cash Deposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cash-Deposit-Demonetization-ITAT-Pune-taxscan.jpg "ITAT Overturns CIT(A) Order, Restores Gas Agency’s Appeal Over Rs. 10.42 Lakh Demonetization Cash Deposits [Read Order]")
ITAT Grants Final Opportunity Citing Demonetization Hardships, Remands Rs. 69A Addition Case Back to CIT(A) [Read Order]
The Income Tax Appellate Tribunal (ITAT) has granted a final opportunity in a case involving additions made under Section 69A of the Income Tax Act, 1961, citing demonetization-related hardships as...
![ITAT Grants Final Opportunity Citing Demonetization Hardships, Remands Rs. 69A Addition Case Back to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Demonetization-taxscan.jpg "ITAT Grants Final Opportunity Citing Demonetization Hardships, Remands Rs. 69A Addition Case Back to CIT(A) [Read Order]")
Cash Deposits Duly Recorded in Books Cannot Be Taxed as Unexplained Money Without Rejecting Accounts: ITAT [Read Order]
The Patna Bench of the Income Tax Appellate Tribunal ( ITAT ) held that cash deposits made during the demonetization period cannot be treated as unexplained money under Section 69A of the Income Tax...
![Cash Deposits Duly Recorded in Books Cannot Be Taxed as Unexplained Money Without Rejecting Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cash-Deposits-Duly-Recorded-Unexplained-Money-Cash-Deposits-taxscan.jpeg "Cash Deposits Duly Recorded in Books Cannot Be Taxed as Unexplained Money Without Rejecting Accounts: ITAT [Read Order]")
ITAT Quashes ₹84 Lakh Addition Made u/s 69A, accepts Assessee’s Explanation on Cheque Discounting for Working Capital [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) granted relief to assessee, Nirmaladevi Shreegopal Kanodia by deleting an addition of ₹84,00,669 made under Section 69A of the Income...
![ITAT Quashes ₹84 Lakh Addition Made u/s 69A, accepts Assessee’s Explanation on Cheque Discounting for Working Capital [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Working-Capital-Assessee-Discounting-for-Working-Capital-taxscan.jpg "ITAT Quashes ₹84 Lakh Addition Made u/s 69A, accepts Assessee’s Explanation on Cheque Discounting for Working Capital [Read Order]")