Smt. Sita Devi, Allahabad vs ITO Range-1(4), Allahabad (ITAT Allahabad): Addition for Unexplained Money/Investment under Sections 69/69A — Onus to Prove Source of Funds

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My Tax Expert
26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 143
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Facts of the CaseThe assessee, Smt. Sita Devi of Allahabad, was subjected to assessment proceedings by the Income Tax Officer, Range-1(4), Allahabad. During the assessment, certain investments, assets, or monetary amo...

JCIT (OSD), Allahabad vs. M/s Bhola Food Products (P) Ltd., Allahabad — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad

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My Tax Expert
26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 121
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Facts of the CaseThe Joint Commissioner of Income Tax (OSD), Allahabad, filed an appeal before the Income Tax Appellate Tribunal, Allahabad Bench, challenging the order passed by the Commissioner of Income Tax (Appeals...

JCIT (OSD), Allahabad vs. M/s Balaji Agricultural Industries (P) Ltd., Allahabad — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad

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My Tax Expert
26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 117
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Facts of the CaseThe Joint Commissioner of Income Tax (OSD), Allahabad, filed an appeal before the Income Tax Appellate Tribunal, Allahabad Bench, challenging the order passed by the Commissioner of Income Tax (Appeals...

Kanoria Chemicals Industries Ltd. (Now Aditya Birla Chemicals (India) Ltd.), Sonebhadra vs ITO, Allahabad (ITAT Allahabad): Disallowance/Additions in Corporate Assessment — Allowability of Expenditure & Tax Computation Issues

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My Tax Expert
26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 135
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Facts of the CaseKanoria Chemicals Industries Ltd., Sonebhadra (now known as Aditya Birla Chemicals (India) Ltd.), was subjected to assessment proceedings by the Income Tax Officer, Allahabad. During the assessment, c...

JCIT (OSD), Allahabad vs. M/s Kesarwani Marketing (P) Ltd., Allahabad — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad

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My Tax Expert
26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 123
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Facts of the CaseThe Joint Commissioner of Income Tax (OSD), Allahabad, filed an appeal before the Income Tax Appellate Tribunal, Allahabad Bench, challenging the order passed by the Commissioner of Income Tax (Appeals...

ITO, Mirzapur vs. Shri Yogesh Kumar Pandey, Mirzapur — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad

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My Tax Expert
26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 154
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Facts of the CaseThe Income Tax Officer, Mirzapur, filed an appeal before the Income Tax Appellate Tribunal, Allahabad Bench, challenging the order passed by the Commissioner of Income Tax (Appeals) in the case of Shri...

ITO, Ward-II(3), Allahabad vs. M/s Sisodiya Jewellers Pvt. Ltd., Allahabad — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad

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My Tax Expert
26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 130
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Facts of the CaseThe Income Tax Officer, Ward-II(3), Allahabad, filed an appeal before the Income Tax Appellate Tribunal, Allahabad Bench, challenging the order passed by the Commissioner of Income Tax (Appeals) in the...

M/s Chaudhrana Steel (P) Ltd., Allahabad vs ACIT, Allahabad (ITAT Allahabad): Addition under Section 68 for Unexplained Cash Credit — Burden of Proof, Identity, Creditworthiness & Genuineness

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My Tax Expert
26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 127
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Facts of the CaseThe assessee, M/s Chaudhrana Steel (P) Ltd., Allahabad, was subjected to assessment proceedings wherein certain amounts credited in its books of account were treated by the Assessing Officer as unexpl...

ITO, Allahabad vs. M/s J.P. Associates, Allahabad — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad

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My Tax Expert
26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 117
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Facts of the CaseThe Income Tax Officer, Allahabad, filed an appeal before the Income Tax Appellate Tribunal, Allahabad Bench, challenging the order passed by the Commissioner of Income Tax (Appeals) in the case of M/s...

Income Tax Officer-5(5), Banda vs. Smt. Sadhna Mishra, Mahoba — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad

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26/02/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 139
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Facts of the CaseThe Income Tax Officer-5(5), Banda, filed an appeal before the Income Tax Appellate Tribunal, Allahabad Bench, challenging the order passed by the Commissioner of Income Tax (Appeals) in the case of Sm...