![ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Unexplained-Investment-Income-Tax-Notices-COVID-Period-taxscan.jpg "ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]")
ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) remanded unexplained investment under Section 69A of the Income Tax Act, 1961 matter due to...
![Additions on Land Purchase: ITAT grants Stay from Recovery of Rs. 45 Lakhs for Pendency of Income Tax Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Ahmedabad-Land-Purchase-Additions-on-Land-Purchase-ITAT-grants-Stay-Income-Tax-Appeal-TAXSCAN.jpg "Additions on Land Purchase: ITAT grants Stay from Recovery of Rs. 45 Lakhs for Pendency of Income Tax Appeal [Read Order]")
![Lack of Evidence in proving Unexplained Investment u/s 69 of IT Act: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-in-Raipur-Lack-of-evidence-ITAT-deletes-Addition-unexplained-investment-IT-Act-Section-69-ITAT-news-TAXSCAN.jpg "Lack of Evidence in proving Unexplained Investment u/s 69 of IT Act: ITAT deletes Addition [Read Order]")
![Excess Gold Jewellery Stock found during Survey Proceedings as Stock transferred from Proprietary Concern to Partnership Firm, not unexplained Investment u/s 69B of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Gold-Jewellery-Excess-Gold-Jewellery-Stock-Gold-Jewellery-Stock-Survey-Proceedings-Stock-transferred-Proprietary-Concern-Partnership-Firm-unexplained-investment-ITAT-taxscan.jpg "Excess Gold Jewellery Stock found during Survey Proceedings as Stock transferred from Proprietary Concern to Partnership Firm, not unexplained Investment u/s 69B of Income Tax Act: ITAT [Read Order]")
Purchases reflected in Book of Accounts cannot be treated as Unexplained Investment: ITAT sets aside Order of CIT(A) [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the purchases reflected in the books of accounts cannot be treated as unexplained investments. The assessee is an individual...
![Purchases reflected in Book of Accounts cannot be treated as Unexplained Investment: ITAT sets aside Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Purchases-reflected-in-Book-of-Accounts-Purchases-Book-of-Accounts-Unexplained-Investment-Investment-ITAT-sets-aside-Order-of-CITA-ITAT-Taxscan.jpg "Purchases reflected in Book of Accounts cannot be treated as Unexplained Investment: ITAT sets aside Order of CIT(A) [Read Order]")
Investment for affording financial security to wife in old age out of explained funds, not unexplained investment: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the investment for affording financial security to wife in old age out of explained funds could not be considered as unexplained...
![Investment for affording financial security to wife in old age out of explained funds, not unexplained investment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Investment-for-affording-financial-security-explained-funds-unexplained-investment-ITAT-TAXSCAN.jpg "Investment for affording financial security to wife in old age out of explained funds, not unexplained investment: ITAT [Read Order]")
Addition made u/s 69 of Income Tax Act on ground of Unexplained Investment on Bank Account: ITAT Deletes Addition [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition made by the assessing office under section 69 of the Income Tax Act,1961 on the ground of unexplained investment in a...
![Addition made u/s 69 of Income Tax Act on ground of Unexplained Investment on Bank Account: ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Income-Tax-Act-Addition-Unexplained-Investment-Bank-Account-delete-Addition-ITAT-Investment-Bank-Account-Income-Tax-taxscan.jpg "Addition made u/s 69 of Income Tax Act on ground of Unexplained Investment on Bank Account: ITAT Deletes Addition [Read Order]")
Absence of Seller before AO not Ground to Allege Unexplained Investment: ITAT Deletes Addition u/s 69B of Income Tax Act [Read Order]
The Indore Bench of the Income Tax Appellate Tribunal (ITAT), deletes addition under Section 69B of the Income Tax Act and noted that the absence of seller before the Assessing Officer (AO) not a...
![Absence of Seller before AO not Ground to Allege Unexplained Investment: ITAT Deletes Addition u/s 69B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Absence-of-Seller-before-AO-not-Ground-to-Allege-Unexplained-Investment-ITAT-Deletes-Addition-Income-Tax-Act-TAXSCAN.jpg "Absence of Seller before AO not Ground to Allege Unexplained Investment: ITAT Deletes Addition u/s 69B of Income Tax Act [Read Order]")
ITAT deletes Addition u/s 68B of IT Act on Unexplained Investment: Gujarat HC issues Returnable Notice for Final dispose [Read Order]
The Gujarat High Court issued a returnable notice for final disposal of the deletion of the addition made by the Appellate Tribunal under section 68B of Income Tax Act, 1961 on Unexplained...
![ITAT deletes Addition u/s 68B of IT Act on Unexplained Investment: Gujarat HC issues Returnable Notice for Final dispose [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/ITAT-Income-Tax-Act-Income-Tax-Tax-Unexplained-Investment-Investment-Gujarat-High-Court-Returnable-Notice-Notice-taxscan.jpg "ITAT deletes Addition u/s 68B of IT Act on Unexplained Investment: Gujarat HC issues Returnable Notice for Final dispose [Read Order]")
Use of Building by Assessee-Trust without consideration is not Unexplained Investment: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ), ruled that use of building by assessee-trust without consideration is not unexplained investment. The assessee, Abhodh Memorial...
![Use of Building by Assessee-Trust without consideration is not Unexplained Investment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Building-Trust-Unexplained-Investment-Investment-ITAT-Taxscan.jpg "Use of Building by Assessee-Trust without consideration is not Unexplained Investment: ITAT [Read Order]")
Addition of Unexplained Investment of Land is permissible in the absence of explanation by Cash Flow Statement: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that the addition of unexplained investment of land is permissible in the absence of explanation by cash flow statement. ...
![Addition of Unexplained Investment of Land is permissible in the absence of explanation by Cash Flow Statement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Unexplained-Investment-of-Land-Cash-Flow-Statement-ITAT-taxscan.jpg "Addition of Unexplained Investment of Land is permissible in the absence of explanation by Cash Flow Statement: ITAT [Read Order]")