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5 results for “section 68”+ Demonetizationclear

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Key Topics

Section 69A9Section 686Section 143(3)5Demonetization5Addition to Income5Section 2504Cash Deposit4House Property2

MS. ALLIED TRADE LINKS,GUWAHATI vs. ACIT CIR-2, GUWAHATI, GUWAHATI

In the result the appeal is allowed for statistical purposes

ITA 150/GTY/2023[2017-18]Status: DisposedITAT Guwahati11 Jun 2025AY 2017-18

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 143(3)Section 250Section 69A

section 69A of the Income Tax Act, 1961 as unexplained money. The same may kindly be deleted. 2. That the appellant craves leave to submit any other ground/s on or before the hearing.” 3. Brief facts of the case are that the return showing total income at Rs.67,63,330/- was filed on 24.10.2017, which was taken up under scrutiny

RANEE NARAH,GUWAHATI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

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

ITA 84/GTY/2020[2016-17]Status: Disposed
ITAT Guwahati
23 Apr 2025
AY 2016-17

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 143(3)Section 234ASection 234BSection 234CSection 250Section 68Section 69

demonetization period and protective assessment was made in the impugned year and substantive assessment was made in the subsequent assessment year. The protective assessment is in respect of cash-in-hand as on 31.03.2016 which was out of the repayment of debtors and the amount was not accepted by the Assessing Officer (hereinafter referred

SUBHASH CHAND CHORARIA,GUWAHATI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 2, GUWAHATI

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

ITA 63/GTY/2024[2017-18]Status: DisposedITAT Guwahati16 Oct 2025AY 2017-18

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 115BSection 143(2)Section 143(3)Section 250Section 69A

section 68, where any sum is found credited in the books of the assessee for any previous year, the same may be charged to income-tax as the income of the assessee of that previous year if the explanation offered by the assessee about the nature and source thereof is, in the opinion of the Assessing Officer, not satisfactory

RANEE NARAH ,GUWAHATI vs. ACIT CIR -2 GUWAHATI, GUWAHATI

Appeal is allowed for statistical purposes

ITA 147/GTY/2025[2017-18]Status: DisposedITAT Guwahati28 Oct 2025AY 2017-18

Bench: The Ld. Cit(A) On The Basis Of Following Findings:

Section 23(4)Section 250Section 68Section 69A

demonetization period. It is seen that the assessee could not succeed before the Ld. CIT(A) on the basis of following findings: I.T.A. No. 147/GTY/2025 Ranee Narah “7.2 Ground No. 2 of the appeal is on the issue of addition of Rs. 9,30,000/- made on account of deemed income from house property. The appellant in her submission does

NILKANTHA SAHA,MORIGAON vs. INCOME TAX OFFICER, WARD-MORIGAON, MORIGAON

In the result, the appeal of the assessee is allowed

ITA 88/GTY/2020[2017-18]Status: DisposedITAT Guwahati17 Feb 2021AY 2017-18

Bench: Shri A. T. Varkey, Jm]

Section 133Section 133ASection 68

demonetization the invalid currency notes of Rs.500/- after 8/9lh November, 2016 to the tune of Rs. 23,50,500/-. However, the AO acknowledges that the assessee has filed audited accounts and produced copy of the ledger of the sales and purchases along with copy of the books related to the purchase and sales made by the assessee without supporting bills