When bank interest was declared in ITR, it cannot be said that bank account was not disclosed to the Revenue…
Addition for unexplained cash credit u/s 68 deleted when assessee’s accountant wrongly passed such entries in the books of accounts…
Harassing assessee in the pretext of verifying documents futile exercise - ITAT deleted additions u/s 68 made for cash deposits…
Motor car purchased by cash gift from wife and mother-ITAT upheld addition for unexplained cash as mere filing confirmations not…
No entity could earn gross receipts, only profit embedded to be treated as income. ITAT upholds the order of CIT(A)…
Employee working in Govt department for a long period of time, cannot be presumed to not having any cash in…
Share Capital/Premium can not be regarded as undisclosed income. High Court deleted addition made for share premium u/s 68 ABCAUS…
Unexplained cash credit addition u/s 68 for house constructed deleted on the basis of cash in hand balance in balance…
An undated confirmation letter cannot be rejected unless proved false. ITAT deletes addition made u/s 68/69 for cash deposits in…
Question of source of purchase relevant only for year of purchase not sale. Bank deposits made out of property sold…