Judgement

ITAT condoned a 111-day delay by a credit co-operative society, admitted its appeal and remitted the Rs 91.96 lakh cash deposit dispute for fresh adjudication.

ITAT Condones 111-Day Delay, Restores Co-operative Society’s Appeal  in Rs 91.96 Lakh Cash Deposit Dispute

ITAT sets aside the ex parte CIT(A) order and grants Vanitha a fresh opportunity to explain the source of Rs 52.59 lakh cash deposits and contest the additions on merits.

ITAT Sets Aside Ex Parte CIT(A) Order, Gives Assessee One More Opportunity to Prove Source of Rs 52.59 Lakh Cash Deposits

The ITAT Delhi deletes Rs 1.50 crore section 68 addition on demonetisation cash deposits of liquor retailer.

ITAT Rules Controlled Liquor Trade And Audited Sales Records Support Cash Deposits 

The ITAT Mumbai deleted an addition of Rs 76.92 lakh made under Section 69 of the Income Tax Act towards alleged cash payment to a builder for purchase of a flat.


ITAT Holds Alleged Cash Payment Cannot Sustain Addition Without Independent Enquiry or Material Evidence

ITAT Pune deleted a Rs 11.78 lakh Section 69A addition after accepting retirement benefits, agricultural income and small loans as sufficient sources for the cash deposits.

ITAT Grants Major Relief to Retired Maharashtra Government Employee, Deletes Rs 11.78 Lakh Unexplained Cash Addition Under Section 69A

News

Vigilance raids on a GST Joint Commissioner’s premises in Kochi lead to the seizure of Rs 14.10 lakh in unaccounted cash and $788 amid a disproportionate assets probe.

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ITAT Condones 111-Day Delay, Restores Co-operative Society’s Appeal in Rs 91.96 Lakh Cash Deposit Dispute

ITAT Sets Aside Ex Parte CIT(A) Order, Gives Assessee One More Opportunity to Prove Source of Rs 52.59 Lakh Cash Deposits

ITAT Rules Controlled Liquor Trade And Audited Sales Records Support Cash Deposits

ITAT Holds Alleged Cash Payment Cannot Sustain Addition Without Independent Enquiry or Material Evidence

ITAT Grants Major Relief to Retired Maharashtra Government Employee, Deletes Rs 11.78 Lakh Unexplained Cash Addition Under Section 69A

Vigilance Raids GST Joint Commissioner’s Premises, Seizes Rs 14.10 Lakh Unaccounted Cash