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ITAT Rajkot Restores Rs 4.30 Crore Section 69A Addition for Fresh Adjudication
ITAT Rajkot remands a Rs 4.30 crore Section 69A income tax addition and penalty back to CIT(A) for fresh adjudication after merits were left undecided.
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ITAT Mumbai Rules Bank Passbook Alone Cannot Sustain Section 68 Cash Credit Additions
Discover how the Mumbai ITAT deleted a substantial tax addition, ruling that bank passbook entries alone cannot justify Section 68 or 69A additions.
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Turnover Mismatch Across Tax Statutes Cannot Sustain Addition: ITAT Delhi
ITAT Delhi rules that mere turnover discrepancies between service tax filings and income tax returns cannot justify tax additions without proper investigation.
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ITAT Chandigarh Rules Spelling Errors Do Not Invalidate Eucalyptus Tree Sales
ITAT Chandigarh deletes a 21.81 lakh tax addition, ruling that invoice spelling mistakes and missing details do not prove a eucalyptus sale is bogus.
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ITAT Agra Rules Online Gaming Buy-Ins Exceeding Winnings Constitute Loss Under Section 115BB
ITAT Agra deletes Rs 1.21 crore online gaming tax addition, ruling that buy-ins exceeding gross winnings result in a net loss rather than taxable income.