BharatTax.net
SearchITATHigh CourtsSupreme CourtPhrasesAI ResearchHistory

Filters

BharatTax.net

Free search engine for ITAT (Income Tax Appellate Tribunal) judgments across all 28 benches in India.

Quick Links

  • Search Judgments
  • Browse by Bench
  • Recent Judgments

About

BharatTax provides free access to Income Tax Appellate Tribunal orders for legal research and reference.

© 2026 BharatTax.net. All rights reserved.

214 results for “section 68”+ Unexplained Cash Creditclear

Sorted by relevance

Mumbai3,658Delhi3,314Kolkata1,559Ahmedabad901Chennai847Jaipur744Bangalore580Surat522Hyderabad511Indore373Pune344Chandigarh344Rajkot261Cochin214Raipur200Visakhapatnam181Nagpur169Lucknow125Amritsar123Guwahati103Agra90Calcutta77Cuttack73Allahabad62Patna57Jodhpur54Panaji42Ranchi40Dehradun31Jabalpur25Karnataka21Telangana16Varanasi14SC9Rajasthan4Gauhati2Punjab & Haryana1Orissa1Kerala1ASHOK BHAN DALVEER BHANDARI1

Key Topics

Section 25080Section 6880Addition to Income50Section 153C45Section 13244Section 153A34Unexplained Cash Credit20Section 143(3)15Cash Deposit15Section 263

BHIMA JEWELLERS,SULTHAN BATHERY, WAYANAD vs. THE PR CIT, KOZHIKKODE, KOZHIKKODE

In the result, appeal of the assessee is dismissed

ITA 208/COCH/2018[2013-14]Status: DisposedITAT Cochin17 Aug 2018AY 2013-14

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. No.208/Coch/2018 Assessment Year : 2013-14 M/S. Bhima Jewellers, Vs. The Pr. Commissioner Of Income- 6/785 Ai, Tax, Kozhikode. Mysore Road, Chungum Junction, Sulthan Bathery, Wayanad-673 592. [Pan: Aakfb 9817C] (Assessee-Appellant) (Revenue-Respondent) Revenue By Shri Dhanaraj A. Sr. Dr Assessee By Shri R. Krishnan, Ca Date Of Hearing 05/07/2018 Date Of Pronouncement 20/08/2018

Section 115BSection 14Section 143(3)Section 263Section 68Section 69Section 69ASection 69BSection 69CSection 69D

Showing 1–20 of 214 · Page 1 of 11

...
14
Section 4014
Search & Seizure14

unexplained credits to the tune of Rs.1,86,00,000/- in capital account and net loss of Rs.1,76,24,221/- was set off against this cash credit. ii) As per section 115BBE, where the total income of an assessee includes any income referred to in section 68

SRI.P.V.RAVINDRAN,KANNUR vs. THE ITO, KANNUR

In the result, both the appeals filed by the assessee stands allowed

ITA 302/COCH/2020[2014-15]Status: DisposedITAT Cochin14 Sept 2022AY 2014-15

Bench: Shri. Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri T.M. Sreedharan, AdvFor Respondent: Shri Shantam Bose, CIT DR
Section 115BSection 263Section 3(1)(b)Section 68

section 115BBE is not possible. We note that the Ld.PCIT has stated that AO should have treated the said income as unexplained cash credit and addition should have been made u/s. 68

SHRI.P.V. RAVEENDRAN,KANNUR vs. THE ITO, KANNUR

In the result, both the appeals filed by the assessee stands allowed

ITA 303/COCH/2020[2015-16]Status: DisposedITAT Cochin14 Sept 2022AY 2015-16

Bench: Shri. Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri T.M. Sreedharan, AdvFor Respondent: Shri Shantam Bose, CIT DR
Section 115BSection 263Section 3(1)(b)Section 68

section 115BBE is not possible. We note that the Ld.PCIT has stated that AO should have treated the said income as unexplained cash credit and addition should have been made u/s. 68

M/S.PEROORKADA SERVICE CO-OP BANK LTD,TRIVANDRUM vs. THE ITO, WD-2(1), TRIVANDRUM, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 93/COCH/2018[2014-15]Status: DisposedITAT Cochin26 Jun 2019AY 2014-15

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

unexplained cash credits which is altogether is from an unknown source and they are legally sustainable additions. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019 S.P. Nos. 06 & 43/Coch/2018 9.5 The Hon'ble Supreme Court also held in the case of CIT vs. Orissa Corporation Pvt. Ltd. (159 ITR 78) held that although section 68

M/S.PEROORKADA SERVICE CO-OP BANK LTD,TRIVANDRUM vs. THE ITO, WD-2(1), TRIVANDRUM, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 400/COCH/2018[2014-15]Status: DisposedITAT Cochin26 Jun 2019AY 2014-15

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

unexplained cash credits which is altogether is from an unknown source and they are legally sustainable additions. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019 S.P. Nos. 06 & 43/Coch/2018 9.5 The Hon'ble Supreme Court also held in the case of CIT vs. Orissa Corporation Pvt. Ltd. (159 ITR 78) held that although section 68

M/S.PERRORKADA SERVICE CO-OP BANK LTD,TRIVANDRUM vs. THE ITO, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 563/COCH/2018[2013-14]Status: DisposedITAT Cochin26 Jun 2019AY 2013-14

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

unexplained cash credits which is altogether is from an unknown source and they are legally sustainable additions. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019 S.P. Nos. 06 & 43/Coch/2018 9.5 The Hon'ble Supreme Court also held in the case of CIT vs. Orissa Corporation Pvt. Ltd. (159 ITR 78) held that although section 68

THE ITO, TRIVANDRUM vs. M/S.PERRORKADA SERVICE CO-OP BANK LTD, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 47/COCH/2019[2013-14]Status: DisposedITAT Cochin26 Jun 2019AY 2013-14

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

unexplained cash credits which is altogether is from an unknown source and they are legally sustainable additions. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019 S.P. Nos. 06 & 43/Coch/2018 9.5 The Hon'ble Supreme Court also held in the case of CIT vs. Orissa Corporation Pvt. Ltd. (159 ITR 78) held that although section 68

M/S.PERRORKADA SERVICE CO-OP BANK LTD,TRIVANDRUM vs. THE ITO, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 141/COCH/2017[2013-14]Status: DisposedITAT Cochin26 Jun 2019AY 2013-14

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

unexplained cash credits which is altogether is from an unknown source and they are legally sustainable additions. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019 S.P. Nos. 06 & 43/Coch/2018 9.5 The Hon'ble Supreme Court also held in the case of CIT vs. Orissa Corporation Pvt. Ltd. (159 ITR 78) held that although section 68

SREEPATHY TRUST,THRISSUR vs. CIT, CIRCLE 1, THRISSUR

In the result, both the captioned appeals are dismissed

ITA 65/COCH/2024[2013-14]Status: DisposedITAT Cochin12 Jun 2025AY 2013-14

Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma

For Appellant: NoneFor Respondent: Smt. Leena Lal, Snr AR
Section 12ASection 143(3)Section 148Section 68

Section 68 of the Act, treating the same as unexplained cash credit. The reassessed total income was computed at ₹3,40,53,543. 3. Aggrieved

SREEPATHY TRUST,THRISSUR vs. COMMISSIONER OF INCOME TAX CIRLE 1(1) , THRISSUR

In the result, both the captioned appeals are dismissed

ITA 66/COCH/2024[2016-2017]Status: DisposedITAT Cochin12 Jun 2025AY 2016-2017

Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma

For Appellant: NoneFor Respondent: Smt. Leena Lal, Snr AR
Section 12ASection 143(3)Section 148Section 68

Section 68 of the Act, treating the same as unexplained cash credit. The reassessed total income was computed at ₹3,40,53,543. 3. Aggrieved

INCOMETAX OFFICER, WARD-, KOTTAYAM vs. PUTHENKUDY PAULOSE BABU, KOTTAYAM

The appeal is allowed

ITA 775/COCH/2023[2017-18]Status: DisposedITAT Cochin22 Aug 2024AY 2017-18

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

For Appellant: -None-For Respondent: Smt. V. Swarnalatha, Sr. DR
Section 144Section 251(1)(a)Section 68Section 69Section 69A

cash deposits in the bank account, however, in the conclusion the AO made the addition of Rs.68,00,000/- u/s 69 of the Act as unexplained investment. The provisions of section 69 clearly deals with unexplained investment whereas section 69A deals with unexplained money. Thus, the AO failed to apply the provisions of section while concluding the assessment. He should

SRI.THOMAS EAPEN,ALAPPUZHA vs. THE ITO, WD-5, ALAPPUZHA

In the result, the appeal of the assessee is allowed

ITA 451/COCH/2019[2015-16]Status: DisposedITAT Cochin19 Nov 2019AY 2015-16

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 115BSection 68

section 68 of the 27,94,306 Unexplained cash deposit in Act Bank 2. Undisclosed profit 3,14,953 Profit on undisclosed sales 3. Interest income 27,265 Difference as per 26AS On examination of the bank account statements of the assessee at various banks, it was ascertained that total of credits

M/S.C&R HOTELS PVT. LTD,FORT KOCHI vs. THE DCIT,CORP CIR(1)(1), KOCHI

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 450/COCH/2023[2014-15]Status: DisposedITAT Cochin20 Dec 2024AY 2014-15

Bench: Shri Waseem Ahmed & Shri Soundararajan K.Assessment Year : 2014-15

For Appellant: Shri K V Jose, CAFor Respondent: Smt. Leena Lal, Snr. AR
Section 32(2)Section 68

section 32(2) of the Act. Insofar as the unexplained cash credit, the assessee gave the details of the loan amount received from its Director which are all effected through the banking transactions. The assessee also explained that a further sum of Rs. 34,26,046/- are related to the share application money received from the Director who is having

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, TRICHUR

In the result, the appeals filed by the Revenue are allowed for statistical purposes

ITA 316/COCH/2017[2012-13]Status: DisposedITAT Cochin01 Apr 2019AY 2012-13

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

For Appellant: Smt.A.S.Bindhu, Sr.DRFor Respondent: Sri. Sathish John Kanichai, FCA
Section 132Section 153ASection 68

68 on account of unexplained cash credits brought into the assessee firm by partners. The CIT(A) wrongly held that should the partners fail to explain the sources for the cash brought in, addition has to be considered in the hands of the partners. The CIT(A)'s position is contrary to the scheme of section

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, TRICHUR

In the result, the appeals filed by the Revenue are allowed for statistical purposes

ITA 313/COCH/2017[2009-10]Status: DisposedITAT Cochin01 Apr 2019AY 2009-10

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

For Appellant: Smt.A.S.Bindhu, Sr.DRFor Respondent: Sri. Sathish John Kanichai, FCA
Section 132Section 153ASection 68

68 on account of unexplained cash credits brought into the assessee firm by partners. The CIT(A) wrongly held that should the partners fail to explain the sources for the cash brought in, addition has to be considered in the hands of the partners. The CIT(A)'s position is contrary to the scheme of section

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, TRICHUR

In the result, the appeals filed by the Revenue are allowed for statistical purposes

ITA 314/COCH/2017[2010-11]Status: DisposedITAT Cochin01 Apr 2019AY 2010-11

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

For Appellant: Smt.A.S.Bindhu, Sr.DRFor Respondent: Sri. Sathish John Kanichai, FCA
Section 132Section 153ASection 68

68 on account of unexplained cash credits brought into the assessee firm by partners. The CIT(A) wrongly held that should the partners fail to explain the sources for the cash brought in, addition has to be considered in the hands of the partners. The CIT(A)'s position is contrary to the scheme of section

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, THRISSUR

In the result, the appeals filed by the Revenue are allowed for statistical purposes

ITA 312/COCH/2017[2008-09]Status: DisposedITAT Cochin01 Apr 2019AY 2008-09

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

For Appellant: Smt.A.S.Bindhu, Sr.DRFor Respondent: Sri. Sathish John Kanichai, FCA
Section 132Section 153ASection 68

68 on account of unexplained cash credits brought into the assessee firm by partners. The CIT(A) wrongly held that should the partners fail to explain the sources for the cash brought in, addition has to be considered in the hands of the partners. The CIT(A)'s position is contrary to the scheme of section

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, THRISSUR

In the result, the appeals filed by the Revenue are allowed for statistical purposes

ITA 310/COCH/2017[2006-07]Status: DisposedITAT Cochin01 Apr 2019AY 2006-07

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

For Appellant: Smt.A.S.Bindhu, Sr.DRFor Respondent: Sri. Sathish John Kanichai, FCA
Section 132Section 153ASection 68

68 on account of unexplained cash credits brought into the assessee firm by partners. The CIT(A) wrongly held that should the partners fail to explain the sources for the cash brought in, addition has to be considered in the hands of the partners. The CIT(A)'s position is contrary to the scheme of section

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, KOMBODINJAMAKKAL, TRICHUR, TRICHUR

In the result, the appeals filed by the Revenue are allowed for statistical purposes

ITA 311/COCH/2017[2007-08]Status: DisposedITAT Cochin01 Apr 2019AY 2007-08

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

For Appellant: Smt.A.S.Bindhu, Sr.DRFor Respondent: Sri. Sathish John Kanichai, FCA
Section 132Section 153ASection 68

68 on account of unexplained cash credits brought into the assessee firm by partners. The CIT(A) wrongly held that should the partners fail to explain the sources for the cash brought in, addition has to be considered in the hands of the partners. The CIT(A)'s position is contrary to the scheme of section

THE ACIT, CEN-CIRCLE-2, KOCHI, KOCHI vs. M/S.THOMSON AGENCIES, TRICHUR

In the result, the appeals filed by the Revenue are allowed for statistical purposes

ITA 315/COCH/2017[2011-12]Status: DisposedITAT Cochin01 Apr 2019AY 2011-12

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

For Appellant: Smt.A.S.Bindhu, Sr.DRFor Respondent: Sri. Sathish John Kanichai, FCA
Section 132Section 153ASection 68

68 on account of unexplained cash credits brought into the assessee firm by partners. The CIT(A) wrongly held that should the partners fail to explain the sources for the cash brought in, addition has to be considered in the hands of the partners. The CIT(A)'s position is contrary to the scheme of section