Topic

Section 269ST

2 articlesLatest March 2026
Section 68 IT Act | ITAT Surat Upholds Rs. 80 Lakh Addition for Undocumented Cash Deposits During Demonetization : Triple Test Failure & Violation of Sections 269SS/269ST
Case Law Analysis
|Income Tax Appellate Tribunal

Section 68 IT Act | ITAT Surat Upholds Rs. 80 Lakh Addition for Undocumented Cash Deposits During Demonetization : Triple Test Failure & Violation of Sections 269SS/269ST

ITAT Surat ruled that cash deposits during demonetization cannot be treated as explained income under Section 68 without documentary proof of source, identity, and creditworthiness. The tribunal also penalized violations of Sections 269SS and 269ST, reinforcing strict compliance for high-value cash transactions.

Section 271DA IT Act | Payment of Tax to Avoid Litigation Not Admission of Violation, Penalty Deletion Upheld : ITAT Delhi
Case Law Analysis
|Income Tax Appellate Tribunal

Section 271DA IT Act | Payment of Tax to Avoid Litigation Not Admission of Violation, Penalty Deletion Upheld : ITAT Delhi

ITAT Delhi rules that payment of tax on undisclosed cash receipts to preempt litigation does not constitute an admission of violation under Section 271DA. The tribunal deleted the penalty, reinforcing that tax compliance alone cannot be construed as acknowledgment of wrongdoing, impacting taxpayers facing similar disputes.

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