Courts: All ITAT
Read latest ITAT judgments and orders on Income Tax, including assessments, deductions, TDS, capital gains, transfer pricing, penalties and other tax disputes.
Notional Foreign Exchange Gain from year-end revaluation of a loan on capital account was not taxable income
Provision for consumer loyalty program was an allowable deduction u/s 37 and no TP adjustment as profits of eligible units were at arm’s length
No addition u/s 69A for undisclosed Jewellery as family inheritance and household withdrawals were sufficient to explain sources
Penalty u/s. 271(1)(c) set aside as notice failed to specify specific charge or limb
Revenue Cannot Reopen Closed Cases on Previously Verified Share Capital
Suppliers Didn’t File Returns? Doesn’t Mean Assessee Didn’t Buy
One Commission, Two Tax Demands? ITAT Says: Verify First – No Double Taxation
A clerical mistake in Form 3CD cannot lead to addition without hearing assessee
“Kalra Ji” on Loose Papers Not Enough: ITAT Deletes ₹1.2 Cr Addition for Lack of Evidence
Jewellery Stock Surrender Taxable as Business Income, Not Unexplained Investment
No addition of ₹3.55 Cr addition u/s 68 in Accommodation Entry Dispute as there was genuineness of transaction
TCS liability against mining officer was valid as compounding fees from Illegal Mining was treated as ‘Transfer of Rights’
Surrendered income during survey cannot be treated as unexplained income so higher tax u/s. 115BBE not justified
Assessment u/s. 153A quashed as based on common approval u/s. 153D
All ITAT brings together Income Tax Appellate Tribunal judgments and orders from ITAT benches across India. The archive covers income-tax disputes involving assessments and reassessments, business income, deductions, exemptions, capital gains, TDS, transfer pricing, international taxation, penalties, unexplained income, search assessments and other provisions of the Income-tax Act. Chartered Accountants, advocates, tax professionals, businesses and taxpayers can use this consolidated TaxGuru category to research ITAT precedents across different benches and follow developments in income-tax jurisprudence. Individual ITAT bench categories are also available for location-specific decisions.
