Courts: ITAT Chennai
1,561 articlesIncome Tax
Income Tax
Section 68 Addition Deleted Due to Double Taxation of Recorded Sales Receipts
Income Tax
Income Tax
Section 68 Addition Deleted Due to Explained Cash Sales in Books
Income Tax
Income Tax
Addition Sustained Due to Unexplained Cash Shortage but Deleted for Proven Advances
Income Tax
Income Tax
Section 68 Addition Deleted Due to Explained Business Receipts in Books of Accounts
Income Tax
Income Tax
Cash Deposits Not Unexplained Due to Proven Sale Consideration: ITAT Deletes Addition
Income Tax
Income Tax
Section 69A Addition Deleted Due to Double Taxation of Recorded Sales
Income Tax
Income Tax
Fresh Claim of Section 54F Cannot Be Rejected Mechanically – ITAT Remands for Reconsideration
Income Tax
Income Tax
Entire Bank Deposits Can’t Be Taxed U/s 69A – Only Reasonable Commission Income Taxable
Income Tax
Income Tax
Reassessment Beyond 3 Years Invalid if Escaped Income Below ₹50 Lakh: ITAT Chennai
Income Tax
Income Tax
Redeployment of Withdrawn Cash Cannot Trigger Section 68 Addition: Source Proven
Income Tax
Income Tax
Demonetisation Cash Sales Accepted: No U/s 68 Addition Without Proof of Bogus Sales
Income Tax
Income Tax
Vague Penalty Notice Invalid: ITAT Deletes 200% Penalty Under Section 270A
Income Tax
Income Tax
Reassessment Quashed as Notice Beyond 3 Years Approved by Wrong Authority
Income Tax
Income Tax
