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ITAT Delhi

Addition without verification is unjustified – ITAT directs re-adjudication

July 23, 2023 1299 Views 0 comment Print

The appeal in the case of Simple Singh vs. ITO was directed against the order of the Commissioner of Income-tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi, for the assessment year 2011-12

Mere Reproduction of Conclusions from Investigation Report Not Valid Basis for reopening

July 23, 2023 1335 Views 0 comment Print

Agasthya Auto Products LLP filed an appeal against the order of the Commissioner of Income Tax (Appeals) for the assessment year 2011-12. The appeal raised multiple grounds, challenging the validity of the reassessment proceedings initiated by the Assessing Officer (AO) under Section 147 of the Income Tax Act, 1961.

Late Filing Fee Imposed for Delayed TDS Statement Upheld by ITAT

July 23, 2023 5364 Views 0 comment Print

The ITAT Delhi dismissed an appeal by Yogender Kumar and confirmed the levied late filing fee for a delay in filing a TDS statement, reinforcing the importance of timely compliance with TDS provisions.

ITAT Allows Foreign Tax Credit for Taxable Employment Bonus

July 22, 2023 1065 Views 0 comment Print

Explore the critical decision in Souvik Mukherjee Vs ITO (ITAT Delhi) regarding taxation of a bonus received abroad, and how it impacts Foreign Tax Credit regulations.

ITAT Upholds Enhanced Addition for Unsubstantiated Advertising & Marketing Expenses

July 22, 2023 660 Views 0 comment Print

The ITAT Delhi has upheld the enhanced addition of Advertising & Marketing Expenses in the case of HPL Additives Ltd Vs DCIT, citing the failure to substantiate the business purpose of the expenses.

ITAT directs re-adjudication in PF/ESI deduction Claim Case of Tripoto

July 21, 2023 1182 Views 0 comment Print

Examination of the case between Tripoto Travel Private Limited and the ACIT, where ITAT directed re-adjudication on the income tax deduction claim for late deposit of employees’ contributions to PF/ESI.

ITAT deletes Disallowance for Guarantee Commission to Associate Enterprise

July 21, 2023 798 Views 0 comment Print

In Lease Plan India P Ltd vs. ITO, the ITAT Delhi deletes disallowance of guarantee commission deduction claimed on payment to Associate Enterprise. Understand the impact of this case on associated tax implications.

ITAT Rules: Income Determination Based on Surmise and Conjecture is Illegal

July 21, 2023 1899 Views 0 comment Print

Delve into the latest Income Tax Appellate Tribunal (ITAT) Delhi’s judgement on the case of DCIT Vs Vinod Kumar Bajaj, discussing the illegality of income determination based on conjecture and presumption.

ITAT Quashes Reassessment Order Due to Non-Issue of Notice

July 21, 2023 1128 Views 0 comment Print

Discover the case of Sohanbir Sing Vs Assessing Officer, where the ITAT Delhi ruled that failure to issue notice for reassessment cannot be remedied under Section 292B of the Income Tax Act.

HRA Deduction: Rent Paid to Wife Qualifies under Section 10(13A)

July 20, 2023 63429 Views 0 comment Print

The Income Tax Appellate Tribunal (ITAT) Delhi has ruled in favor of Aman Kumar Jain against the Income Tax Officer, permitting rent paid to a wife as eligible for HRA deduction under section 10(13A) of the Income Tax Act.

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