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Income Tax Appellate Tribunal Deletes Rs 1.50 Crore Addition Over Lack of Evidence
Learn how the Ahmedabad ITAT deleted a Rs 1.50 crore addition under Section 69C because the revenue failed to link the cash recipient to the company.
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ITAT Chennai Deletes Rs 9.65 Crore Section 69C Addition on Gold Job Work
ITAT Chennai upholds the deletion of a Rs 9.65 crore Section 69C addition, ruling in favor of the assessee due to robust job-work records and untested statements.
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Delhi ITAT Limits Bogus Purchases Addition Under Section 69C to Rs 6 Lakh
Learn how the Delhi ITAT restricted a bogus purchase addition under Section 69C to Rs 6 lakh after accepting corresponding sales.
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WhatsApp Chats Alone Insufficient for Income Tax Additions ITAT Mumbai
ITAT Mumbai rules that WhatsApp chats cannot solely justify tax additions under sections 69A and 69C without proper verification.
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Bombay High Court Rules Bogus Purchases Insufficient for Section 69C Additions
The Bombay High Court has delivered a significant ruling concerning Indian tax law, holding that the mere identification of bogus purchases does not automatically justify additions under Section 69C of…