Cash Deposits
Direct Tax
Irrigation Certificate and Electricity Bills Prove Agricultural Income: ITAT Deletes Unexplained Investment Addition
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...
Direct Tax
ITAT Grants Trust Another Chance to Obtain 12AB Registration and 80G Approval After Rajasthan Trust Registration Progress
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has given a charitable...
Direct Tax
Separate Additions for Cash Deposits and Business Expenses Unjustified When Income Taxed U/s 44AD: ITAT
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has held that cash deposits forming...
Direct Tax
Unsigned, Undated S. 151 Approval Invalid: Delhi ITAT Quashes Reassessment Over Rs. 51 Lakh Cash Deposits
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
Direct Tax
Cash Deposits From Sale of Mobile Recharge Coupons Can’t Be Treated as Unexplained Credits: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...
Direct Tax
Cash Deposits Linked to Land Sale Can’t Be Fully Taxed as Unexplained Income: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has granted substantial relief...
Direct Tax
Cash Deposits Can’t Be Taxed as Unexplained Money When Supported by Earlier Bank Withdrawals: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...
Direct Tax
Entire Sales Receipts Can’t Be Treated as Unexplained Income: ITAT Restricts Rs. 11.52 Crore Addition on Cash Deposits
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has granted significant relief...
Direct Tax
No Addition Due to PAN Linkage—Cash Deposits in Trust’s Bank Account Can’t Be Taxed in Individual’s Hands Without Proof of Ownership: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that mere...
Direct Tax
ITAT Remands Rs. 1.47 Crore Addition Over Unexplained Cash Deposits Under S. 69A
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has set aside an addition...
Direct Tax
Cash Deposits Of Rs. 20.5 Lakhs From Demonetisation Not ‘Unexplained Money’ Under Section 69A: Chhattisgarh High Court
The Chhattisgarh High Court has held that the cash deposits of Rs. 20.5 lakhs...
Latest articles
Direct Tax
Irrigation Certificate and Electricity Bills Prove Agricultural Income: ITAT Deletes Unexplained Investment Addition
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...
Direct Tax
ITAT Grants Trust Another Chance to Obtain 12AB Registration and 80G Approval After Rajasthan Trust Registration Progress
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has given a charitable...
Direct Tax
Cash Deposits From Recorded LPG Sales Can’t Be Treated as Unexplained Money Without Evidence: ITAT
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion...
Direct Tax
Can a Seafarer’s Foreign Salary Be Taxed in India? ITAT Examines 182-Day Residency Rule
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) examined whether a ship...