Judgement

The ITAT Ahmedabad holds investment recorded in books and supported by evidence cannot be added merely for explanation


ITAT Holds Documented Sources Cannot Be Treated as Unexplained Investment

The ITAT Ahmedabad restored appeal for fresh adjudication after CIT(A) dismissed it without examining merits


ITAT Remands Rs 92 Lakh Capital Gain Addition to CIT(A)

The ITAT Ahmedabad upheld the addition towards unrecorded job work transactions found at assessee’s premises 


ITAT Upholds 8% Profit Addition on Unrecorded Job Work Transactions Found in Loose Papers

ITAT deleted the Rs 14.83 lakh Section 69 addition on agricultural land investment after finding that the assessee had disclosed the investment and supported its source with documentary evidence.

ITAT Deletes Unexplained Investment Addition, Holds Section 69 Addition Cannot Be Sustained Without Proof of Undisclosed Source

ITAT Pune restores HUF’s appeal against the Rs 20 lakh unexplained income addition, granting a fresh hearing before the CIT(A).

ITAT Grants HUF Fresh Opportunity to Contest Rs 20 Lakh Unexplained Income Addition After CIT(A) Dismissal

ITAT quashes taxpayer's 80G rejection, citing Bombay HC ruling that religious-cum-charitable trusts are not automatically barred from tax exemption approval.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

ITAT Holds Documented Sources Cannot Be Treated as Unexplained Investment

ITAT Remands Rs 92 Lakh Capital Gain Addition to CIT(A)

ITAT Upholds 8% Profit Addition on Unrecorded Job Work Transactions Found in Loose Papers

ITAT Deletes Unexplained Investment Addition, Holds Section 69 Addition Cannot Be Sustained Without Proof of Undisclosed Source

ITAT Grants HUF Fresh Opportunity to Contest Rs 20 Lakh Unexplained Income Addition After CIT(A) Dismissal

ITAT Quashes 80G Rejection, Cites Bombay HC Ruling on Religious-Charitable Trusts