Tag: addition u/s 69A

ITAT reduced addition u/s 69A for cash deposits in bank by estimating the income assessee might have saved from the past incomes ABCAUS Case Law Citation:ABCAUS 2988 (2019) (06) ITAT The appeal was filed by the assessee HUF against the order of Commissioner of Income Tax (Appeals) in …

Peak credit addition does not include income after peak balance date. ITAT directed addition of further 8% profit after the date of peak value ABCAUS Case Law Citation: ABCAUS 2949 (2019) (05) ITAT The assessee was a partner in a firm. On the basis of the Annual Information …

Unrelated person unlikely to give false evidence to oblige the assessee, said ITAT deleting addition made for cash deposit on the strength of affidavit of lender. ABCAUS Case Law Citation: ABCAUS 2640 (2018) (11) ITAT Important Case Laws Cited/relied upon: Sonar Investment The appeal was filed by the …

Difference in cash deposits in bank and turnover declared in VAT return treated as income u/s 69A. High Court upheld the addition ABCAUS Case Law Citation: ABCAUS 2617 (2018) (11) HC The appellant had filed the instant appeal with the Hon’ble High Court against the order passed by …