![AO Relied on Bank Account Not Admitted by Taxpayer: ITAT Quashes Rs. 4 Crore Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/AO-Relied-on-Bank-Account-Bank-Account-Bank-Account-Not-Admitted-by-Taxpayer-Taxpayer-ITAT-ITAT-Quashes-taxscan.jpg "AO Relied on Bank Account Not Admitted by Taxpayer: ITAT Quashes Rs. 4 Crore Addition [Read Order]")
AO Relied on Bank Account Not Admitted by Taxpayer: ITAT Quashes Rs. 4 Crore Addition [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) quashed an addition of over Rs. 4 crore after observing that the Assessing Officer...
![ITAT Admits Additional Evidence, Remands Rs. 17 Lakh Unsecured Loan Case to AO for Fresh Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Admits-Additional-Evidence-Evidence-Unsecured-Loan-Unsecured-Loan-Case-AO-for-Fresh-Assessment-Fresh-Assessment-taxscan.jpg "ITAT Admits Additional Evidence, Remands Rs. 17 Lakh Unsecured Loan Case to AO for Fresh Assessment [Read Order]")
![Unexplained Cash Deposits: ITAT Reduces ₹72 Lakh Addition to ₹2 Lakh on Verifying Home Loan Credits and ITRs [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Unexplained-Cash-Deposits-Cash-Deposits-ITAT-Verifying-Home-Loan-Credits-Home-Loan-Credits-Home-Loan-Verifying-Home-Loan-Credits-and-ITRs-taxscan.jpg "Unexplained Cash Deposits: ITAT Reduces ₹72 Lakh Addition to ₹2 Lakh on Verifying Home Loan Credits and ITRs [Read Order]")
![Cash Deposit during Demonetization: ITAT partly deletes Rs. 3.5 lakh Addition based on CBDT Guidelines [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Cash-Deposit-Demonetization-ITAT-Addition-CBDT-Guidelines-taxscan.jpg "Cash Deposit during Demonetization: ITAT partly deletes Rs. 3.5 lakh Addition based on CBDT Guidelines [Read Order]")
![Loose Papers, Scribbled Notes, and Unregistered Agreements cannot be sole basis for Taxing Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/itat-siteimg.jpg "Loose Papers, Scribbled Notes, and Unregistered Agreements cannot be sole basis for Taxing Income: ITAT [Read Order]")
ITAT Sets Aside Rs.22.39 Lakh Addition, Validates Senior Citizen's Demonetization Deposits [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad Bench ruled in favor of the assessee and set aside the addition of Rs.22.39 lakh made under Section 69A of the Income Tax Act, 1961. The tribunal...
![ITAT Sets Aside Rs.22.39 Lakh Addition, Validates Senior Citizens Demonetization Deposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Demonetization-Deposits.jpg "ITAT Sets Aside Rs.22.39 Lakh Addition, Validates Senior Citizens Demonetization Deposits [Read Order]")
CIT(A) Fails to Decide Co-operative Society’s Demonetization Cash Deposit Matter on Merits: ITAT Remands Matter [Read Order]
The Cochin Bench of Income Tax Appellate Tribunal (ITAT) remanded the Cash deposit during the demonetization matter back to the Commissioner of Income Tax (Appeals) [CIT(A)] citing to decide the case...
![CIT(A) Fails to Decide Co-operative Society’s Demonetization Cash Deposit Matter on Merits: ITAT Remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Cochin-ITAT-CITA-Demonetization-Cash-Deposit-taxscan.jpg "CIT(A) Fails to Decide Co-operative Society’s Demonetization Cash Deposit Matter on Merits: ITAT Remands Matter [Read Order]")
Unexplained Cash Deposit of ₹22.78 Lakh u/s 69A: ITAT Deletes Addition due to Sufficient Evidence [Read Order]
The Rajkot Bench of Income Tax Appellate Tribunal (ITAT) deleted the addition of ₹22.78 lakh made under section 69A of Income Tax Act,1961, citing sufficient evidence supporting the cash deposits. ...
![Unexplained Cash Deposit of ₹22.78 Lakh u/s 69A: ITAT Deletes Addition due to Sufficient Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Rajkot-Unexplained-Cash-Deposit-Unexplained-Cash-taxscan.jpg "Unexplained Cash Deposit of ₹22.78 Lakh u/s 69A: ITAT Deletes Addition due to Sufficient Evidence [Read Order]")
‘When Cash is Sourced out of Recorded Debtors, S. 69A cannot be invoked’: ITAT deletes Addition of Rs. 21.5 Crores [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of Rs. 21.5 crores as the bench reached the conclusion that when cash is sourced out of recorded debtors, Section...
![‘When Cash is Sourced out of Recorded Debtors, S. 69A cannot be invoked’: ITAT deletes Addition of Rs. 21.5 Crores [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Cash-is-Sourced-Cash-is-Sourced-out-of-Recorded-Debtors-Recorded-Debtors-Section-69A-cannot-be-invoked-ITAT-ITAT-deletes-Addition-taxscan.jpg "‘When Cash is Sourced out of Recorded Debtors, S. 69A cannot be invoked’: ITAT deletes Addition of Rs. 21.5 Crores [Read Order]")
ITAT Deletes Rs. 1 Crore Addition u/s 69A, Holds Bad Debt Recovery as Business Income [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition of Rs. 1 crore made under Section 69A of the Income Tax Act, 1961, as the bench reached the conclusion that bad debt...
![ITAT Deletes Rs. 1 Crore Addition u/s 69A, Holds Bad Debt Recovery as Business Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/bad-debt.jpg "ITAT Deletes Rs. 1 Crore Addition u/s 69A, Holds Bad Debt Recovery as Business Income [Read Order]")
Continuous Absence of Assessee during Income Tax Appeal Proceedings: ITAT dismisses Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has dismissed the appeal filed by Somnath Kelavni Mandal, a trust managing educational institution, due to non-prosecution and continuous...
![Continuous Absence of Assessee during Income Tax Appeal Proceedings: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Ahmedabad-Income-Tax-Appeal-Income-Tax-Income-tax-updates-TAXSCAN.jpg "Continuous Absence of Assessee during Income Tax Appeal Proceedings: ITAT dismisses Appeal [Read Order]")
Addition of ₹12 Lakh u/s 69A: ITAT holds Sundry Debtors do not Qualify as Unexplained Income [Read Order]
The Jaipur Bench of Income Tax Appellate Tribunal (ITAT) found that the addition of ₹12 Lakh under Section 69A of Income Tax Act,1961 was not justified, as the sundry debtors shown in the books did...
![Addition of ₹12 Lakh u/s 69A: ITAT holds Sundry Debtors do not Qualify as Unexplained Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Jaipur-Unexplained-Income-Section-69A-of-Income-Tax-Act-TAXSCAN.jpg "Addition of ₹12 Lakh u/s 69A: ITAT holds Sundry Debtors do not Qualify as Unexplained Income [Read Order]")