Income Tax Act, 1961 - Section 37(1)—Business expenditure—Project completion method—Expenses capitalized in work-in-progress Asstt. CIT v. Asvini Foundations (2026) 204 TR (A) 300 (Chen ‘C’-Trib) : 2026 TaxPub(DT) 4187 (Chenn-Trib) Income Tax Act, 1961 - Section 44AD—Estimation of business income—Books of account rejected—Net profit rate Vasanthan Lavakumar v. ITO (2026) 204 TR (A) 302 (Chen ‘B’-Trib) : 2026 TaxPub(DT) 4024 (Chenn-Trib) Income Tax Act, 1961 - Section 43A, 32—Depreciation—Exchange loss capitalized under section 43A—Allowability of depreciation on enhanced cost Avaya India (P) Ltd. v. Addl. CIT, Spl. Range 1, New Delhi (2026) 204 TR (A) 301 (Del-Trib) : 2026 TaxPub(DT) 6094 (Del-Trib) Income Tax Act, 1961 - Section 41(1)—Business income under section 41(1)—Remission or cessation of trading liability—Creditors details and ledger accounts furnished—No confirmation from creditors Jasmeet Singh Bhasin v. Dy. CIT (2026) 204 TR (A) 301 (Rpr-Trib) : 2026 TaxPub(DT) 4103 (Rpr-Trib) Income Tax Act, 1961 - Section 48—Capital gains—Fair market value as on 1-4-2001—Valuation of cost of acquisition—Acceptance of valuer’s report Ranjan Sen Jain v. ITO, Circlel-28(1), Civic Centre, New Delhi (2026) 204 TR (A) 303 (Del-Trib) : 2026 TaxPub(DT) 5902 (Del-Trib) Income Tax Act, 1961 - Section 69C—Income from undisclosed sources—Addition under section 69C—Alleged unexplained purchases—Ad hoc disallowance of 10% ITO v. INVT Electric India (P) Ltd. (2026) 204 TR (A) 316 (Mum ‘C’-Trib) : 2026 TaxPub(DT) 3963 (Mum-Trib) Income Tax Act, 1961 - Section 69A—Income from undisclosed sources—Addition under section 69A—On-money payment—Estimation of profit element Payal Piyushbhai Jethva v. Income Tax Officer (2026) 204 TR (A) 315 (Rjkt-Trib) : 2026 TaxPub(DT) 6336 (Rkt-Trib) Income Tax Act, 1961 - Section 69A—Income from undisclosed sources—Addition under section 69A—Alleged penny stock transactions—AO having no corroborative evidence Income Tax Officer v. Ritu Jain (2026) 204 TR (A) 312 (Del-Trib) : 2026 TaxPub(DT) 6175 (Del-Trib) Income Tax Act, 1961 - Section 69—Income from undisclosed sources—Unexplained investment—Duplicate PAN—Return filed in new PAN Ramaswamy Balasubramanya v. ITO (2026) 204 TR (A) 311 (Bang ‘B’-Trib) : 2026 TaxPub(DT) 6643 (Bang-Trib) Income Tax Act, 1961 - Section 68/69A—Income from undisclosed sources—Addition under section 68/69A—Running accounts—Balances carried forward from earlier years and settled in subsequent years—Identity, creditworthiness and genuineness proved Menakuru Sukumar Reddy v. Dy. CIT/ ACIT (2026) 204 TR (A) 311 (Chen-Trib) : 2026 TaxPub(DT) 7147 (Chenn-Trib)