ITAT Ahmedabad held that addition towards unexplained cash deposits not justified as CIT(A) has partly accepted the cash book and partly rejected the cash book without assigning any reason. Accordingly, appeal allowed.
Assessment was completed at income of Rs.1,23,18,612/- against the returned income of Rs.3,76,740/- on account of unexplained cash deposited in the bank accounts amounting to Rs.1,19,41,872/-.
ITAT Ahmedabad upheld ₹70.95 lakh addition under Section 69A due to unexplained cash deposits during demonetization and non-compliance by the assessee.
ITAT Ahmedabad dismisses Gautam Keshavrao Lohe’s appeal due to failure to address defects in filing, highlighting non-compliance with procedure.
ITAT Ahmedabad remands ₹10 lakh donation disallowance under Section 35AC to AO for reassessment. Assessee’s appeal partially allowed for statistical purposes.
The ITAT Ahmedabad remanded a case involving unexplained investment in property for reassessment due to non-compliance, allowing the assessee a chance to present evidence.
ITAT Ahmedabad refers Rs. 99.52 lakh addition under Section 69 to AO for fresh examination. Case pertains to unexplained loans in Dharmendrasinh Chudasama vs ITO.
ITAT Ahmedabad overturns CPC adjustment of ₹6.5 lakh for lack of notice under Section 143(1). Learn key details of Satishchandra Berawala’s appeal case.
ITAT Ahmedabad order in Maheshbhai Nagjibhai Desai Vs ITO case, addressing reopening under Section 147 and unexplained investments under Section 69.
ITAT Ahmedabad directs benefit of Rs. 8 lakhs for unexplained cash deposits during demonetization in the case of Manan Kiritbhai Shah for AY 2017-18.
