Posted inBlog ITAT Remands INR 99.38 Lakh Tax Appeal for Section 249(4)(b) ExaminationThe Mumbai ITAT restores a tax appeal involving an INR 99.38 lakh addition, directing the CIT(A) to first examine compliance under section 249(4)(b). Posted by Prasenjit Bhowmik September 7, 2026
Posted inBlog ITAT Chandigarh Rules DVO Valuation Estimate Cannot Justify Section 69 AdditionLearn how ITAT Chandigarh deleted a ₹2.12 crore Section 69 addition, ruling that a DVO estimate alone cannot prove unexplained investments. Posted by Prasenjit Bhowmik September 6, 2026
Posted inBlog Ahmedabad ITAT Deletes On-Money Addition Due to Insufficient EvidenceThe Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favor of a taxpayer by deleting a substantial tax addition made under Section 69 of the Income… Posted by Prasenjit Bhowmik August 2, 2026