Judgement

The ITAT deleted a Section 69A read with Section 115BBE addition after finding that the assessee’s explanation for cash deposits from his business activities was supported by his income tax computation.

ITAT Deletes Section 69A Addition as Income Computation Supports Source of Cash Deposits

The ITAT upheld a Rs 1.90 lakh addition under Section 69A after rejecting the genuineness of a political donation claimed as a deduction under Section 80GGC.

ITAT Denies Rs 1.90 Lakh Section 80GGC Deduction Over Donation to Apna Desh Party, Relies on Supreme Court Judgement

ITAT upheld a Rs 7.23 crore addition under Section 69A over unexplained bank credits, citing unreconciled financial discrepancies and lack of documentary evidence.

ITAT Upholds Rs 7.23 Crore Addition Over Unexplained Bank Credits and Unreconciled Financial Discrepancies

The ITAT set aside Section 69A addition and remanded the case to the AO after finding that the assessment order was passed before the scheduled hearing date.

ITAT Sets Aside Section 69A Unexplained Money Addition After AO Passes Assessment Order Before Hearing Date

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

The ITAT Kolkata deleted an addition of Rs 96.77 lakh made under Section 69A towards alleged unexplained money. 


ITAT Holds Stamp Vendor’s Cash Deposits Were Fully Recorded

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