![Rejecting Records Solely due to Handwritten Form Is unjust without considering Taxpayer’s Explanation and Business Context: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Rejecting-Records-Solely-Records-Solely-Handwritten-Form-Taxpayers-Explanation-taxscan.jpg "Rejecting Records Solely due to Handwritten Form Is unjust without considering Taxpayer’s Explanation and Business Context: ITAT [Read Order]")
Rejecting Records Solely due to Handwritten Form Is unjust without considering Taxpayer’s Explanation and Business Context: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) ruled that rejecting records solely due to handwritten form is unjust without...
![Assessee Deposited Cash from Earlier Withdrawals: ITAT quashes Rs. 9.84 Lakh Income Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Bangalore-Income-Tax-Income-Additions-Cash-Deposit-ITAT-quashes-Income-Additions-Taxscan.jpg "Assessee Deposited Cash from Earlier Withdrawals: ITAT quashes Rs. 9.84 Lakh Income Additions [Read Order]")
![Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Pre-Demonetization-Cash-Deposit-Ex-Parte-Assessment-ITAT-remands-ex-parte-assessment-taxscan.jpg "Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]")
![Non-Compliance and Failure to Explain Bank Credits: ITAT upholds ₹3.13 Crore S.69 Addition under Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-ITAT-Income-Tax-Act-Cash-deposits-TAXSCAN.jpg "Non-Compliance and Failure to Explain Bank Credits: ITAT upholds ₹3.13 Crore S.69 Addition under Income Tax [Read Order]")
![ITAT deletes ₹9.84 Lakh Addition u/s 69A after Verifying Cash Deposits Linked to ₹10 Lakh Earlier Withdrawal, not Additional Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-cash-deposits-Section-69A-of-Income-Tax-Act-TAXSCAN.jpg "ITAT deletes ₹9.84 Lakh Addition u/s 69A after Verifying Cash Deposits Linked to ₹10 Lakh Earlier Withdrawal, not Additional Income [Read Order]")
Excel Sheet Relating to Alleged Unaccounted Cash Sales from Nirav Modi Jewelry Store: ITAT dismisses Addition under Section 69A of Income Tax Act [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) dismissed the addition under section 69A of the Income Tax Act,1961, which was based on an excel sheet relating to alleged unaccounted...
![Excel Sheet Relating to Alleged Unaccounted Cash Sales from Nirav Modi Jewelry Store: ITAT dismisses Addition under Section 69A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Income-Tax-Appellate-Tribunal-ITAT-Bangalore-Section-69A-Section-69A-of-Income-Tax-Act-ITAT-Dismisses-Addition-Nirav-Modi-TAXSCAN.jpg "Excel Sheet Relating to Alleged Unaccounted Cash Sales from Nirav Modi Jewelry Store: ITAT dismisses Addition under Section 69A of Income Tax Act [Read Order]")
Madras HC Orders Widow to Deposit ₹2.5 Lakh Against ₹57.7 Lakh Demand as pre-deposit on Income from Ancestral Property Sale [Read Order]
In a recent decision, the Madras High Court has directed a widow to deposit ₹2.5 lakh as pre-deposit against a demand of ₹57.7 lakh raised by the Income Tax Department. The court did not support the...
![Madras HC Orders Widow to Deposit ₹2.5 Lakh Against ₹57.7 Lakh Demand as pre-deposit on Income from Ancestral Property Sale [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/madras-High-Court-Madras-HC-Property-Sale-Ancestral-Property-Sale-Widow-to-Deposit-HC-Orders-pre-deposit-TAXSCAN.jpg "Madras HC Orders Widow to Deposit ₹2.5 Lakh Against ₹57.7 Lakh Demand as pre-deposit on Income from Ancestral Property Sale [Read Order]")
ITAT deletes Rs. 14 Lakhs Addition made by AO due to Misreported Property Transaction Details [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) deleted a Rs. 14 lakhs addition made by the Assessing Officer ( AO ) under section 69A of Income Tax Act,1961. The addition was based on...
![ITAT deletes Rs. 14 Lakhs Addition made by AO due to Misreported Property Transaction Details [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Bangalore-ITAT-Income-Tax-Appellate-Tribunal-AO-Assessing-Officer-section-69A-of-Income-Tax-Act-Misreported-Property-Transaction-Details-taxscan.jpg "ITAT deletes Rs. 14 Lakhs Addition made by AO due to Misreported Property Transaction Details [Read Order]")
AO Fails to Apply CBDT Instructions regarding Cash Deposits During Demonetization: ITAT Remands for Re-Examination [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) remanded the matter for re-examination due to the assessing officer's failure to apply CBDT’s (Central Board of direct taxes) instructions...
![AO Fails to Apply CBDT Instructions regarding Cash Deposits During Demonetization: ITAT Remands for Re-Examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/AO-assessing-officer-ITAT-income-tax-income-tax-act-itat-on-CBDT-Instructions-itat-about-CBDT-Instructions-ITAT-Remands-for-Re-Examination-itat-news-income-tax-news-income-tax-act-news-taxscan-1.jpg "AO Fails to Apply CBDT Instructions regarding Cash Deposits During Demonetization: ITAT Remands for Re-Examination [Read Order]")
Acceptance of Purchase and Sale Documents: ITAT deletes Addition of Income from Property Transaction u/s 69A by AO [Read Order]
The New Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition made by the assessing officer under section 69A of the Income Tax Act, 1961. The decision followed as the AO...
![Acceptance of Purchase and Sale Documents: ITAT deletes Addition of Income from Property Transaction u/s 69A by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Income-Tax-Act-Purchase-and-Sale-Documents-by-ITAT-TAXSCAN.jpg "Acceptance of Purchase and Sale Documents: ITAT deletes Addition of Income from Property Transaction u/s 69A by AO [Read Order]")
![Source of Cash Deposits duly Explained: ITAT deleted Addition of Rs. 10.75 u/s 69A [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Cash-Deposits-ITAT-s-69A-section-69a-section-69A-of-the-income-tax-act-income-tax-income-tax-act-explanation-explanation-on-Source-of-Cash-Deposits-itat-explanation-taxnews-taxscan.jpg "Source of Cash Deposits duly Explained: ITAT deleted Addition of Rs. 10.75 u/s 69A [Read Order]")
![Cash Deposit out of Gold Loan during Demonetization, duly Explained: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Itat-demonetization-Cash-Deposit-out-of-Gold-Loan-Explanation-demonetization-news-itat-on-Cash-Deposit-out-of-Gold-Loan-itat-about-Cash-Deposit-out-of-Gold-Loan-cash-deposit-itat-news-tax-news-taxscan.jpg "Cash Deposit out of Gold Loan during Demonetization, duly Explained: ITAT deletes Addition [Read Order]")