Judgement

The ITAT holds Rs 11 lakh cheque receipt explained and Rs 3.83 crore alleged cash payment as not established.


ITAT Deletes Additions Against Jaya Bachchan Over Alleged Noida Property Cash Receipt

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 deleted the Rs 15.72 lakh addition, holding that the Revenue failed to produce sufficient incriminating material proving an undisclosed cash payment to the Bhutani Group.

Mere Assumptions Cannot Sustain Addition: Rs 15.72 Lakh Cash Addition Deleted After ITAT Finds No Incriminating Evidence

The ITAT Mumbai held no addition for alleged On-Money payment without corroborative evidence.

ITAT Holds Third-Party Statement and Unauthenticated WhatsApp Chats Insufficient to Prove Cash Payment

The ITAT Ahmedabad rules that proportional allocation of cash payments based on third-party seized documents cannot sustain addition 



ITAT Holds Third-Party Loose Papers Are Insufficient Without Corroboration

ITAT rules in favour of taxpayer, deleting Rs 1.24 crore additions after accepting Form 26A compliance and the business necessity of cash payments.

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ITAT Deletes Additions Against Jaya Bachchan Over Alleged Noida Property Cash Receipt

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

Mere Assumptions Cannot Sustain Addition: Rs 15.72 Lakh Cash Addition Deleted After ITAT Finds No Incriminating Evidence

ITAT Holds Third-Party Statement and Unauthenticated WhatsApp Chats Insufficient to Prove Cash Payment

ITAT Holds Third-Party Loose Papers Are Insufficient Without Corroboration

ITAT Deletes Rs 1.24 Crore Additions Over Form 26A and Cash Payments