Additions on a/c of unexplained cash set aside so ITAT deleted the penalty

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Penalties levied on assessee, confirmed by CIT(A) were set aside by ITAT. Penalties levied on assessee, confirmed by CIT(A) were set aside by ITAT.
ITAT upheld deletion of addition u/s 68 based on AO’s suspicion ITAT upheld deletion of addition u/s 68 based on AO’s suspicion
ITAT held retention money was not assessee’s income, and deleted addition ITAT held retention money was not assessee’s income, and deleted addition
ITAT deleted addition and disallowance ITAT deleted addition and disallowance
ITAT deleted the penalty u/s 271(1)(c) ITAT deleted the penalty u/s 271(1)(c)
ITAT deleted addition where records of assessee proved sources of deposits ITAT deleted addition where records of assessee proved sources of deposits
Income Tax Law To Be Changed To Increase Penalty On Unexplained Deposits: All You Need To Know Income Tax Law To Be Changed To Increase Penalty On Unexplained Deposits: All You Need To Know
ITAT dismissed assessee’s appeal as she placed no material in support ITAT dismissed assessee’s appeal as she placed no material in support