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![Income Tax Addition u/s 68 cannot sustain when Source of Credit is Explained with Details of Creditors: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Income-Tax-Addition-Credit-Creditors-ITAT-taxscan.jpg "Income Tax Addition u/s 68 cannot sustain when Source of Credit is Explained with Details of Creditors: ITAT [Read Order]")
Income Tax Addition u/s 68 cannot sustain when Source of Credit is Explained with Details of Creditors: ITAT [Read Order]
The Income-Tax Appellate Tribunal, Chennai bench held that an addition to income tax u/s 68 cannot sustain when source of credit is explained with...
![Relief to Flemingo Travel Retail Limited: ITAT quashes Penalty of Rs.2.26 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/Flemingo-Travel-ITAT-Penalty-Taxscan.jpg "Relief to Flemingo Travel Retail Limited: ITAT quashes Penalty of Rs.2.26 Cr [Read Order]")
![Not Specifying Exact Charge against Assesse while invoking Penalty is against Natural Justice Principles: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Not Specifying Exact Charge against Assesse while invoking Penalty is against Natural Justice Principles: ITAT Mumbai [Read Order]")