ITAT Judgment contain Income Tax related Judgments from Income Tax Appellate Tribunal Across India which includes ITAT Mumbai, Chennai, Delhi, Kolkutta, Hyderabad etc.
Income Tax : Article examines whether the MLI Principal Purpose Test has domestic effect under Section 90(1) following Nestlé SA and Sky High ...
Corporate Law : The article argues that failure to comply before the AO or CIT(A) can lead to adverse assessments, as higher forums generally cann...
Income Tax : ITAT held that Section 54 exemption must be examined separately for each residential house sold. Aggregating gains from multiple t...
Income Tax : ITAT held that delayed filing of Form 10B cannot defeat Section 11 exemption if the audit report is available before processing un...
Income Tax : Smt. Ranjana Kumari/Kalta Vs DCIT/ACIT (Central) (ITAT Chandigarh) The appeals involved three assessees belonging to the Kalta Gro...
Income Tax : ITAT Bangalore held Section 2(47)(v) inapplicable as the JDA did not satisfy Section 53A conditions, deleting capital gains for AY...
Income Tax : The issue concerns massive backlog in ITAT caused by unfilled positions and delayed appointments. The intervention highlights that...
Income Tax : A representation seeks doubling the SMC threshold due to inflation and higher dispute values. The key takeaway is that increasing ...
Income Tax : The tribunal held that a gift deed alone cannot establish legitimacy under Section 68. It directed fresh scrutiny of the donor’s...
Income Tax : Delhi ITAT allows Sanco Holding, a Norwegian company, to compute income from bareboat charter of seismic vessels under Article 21(...
Income Tax : ITAT Chennai directed the AO to apply the peak credit theory and restrict the Section 69A addition instead of taxing the entire ca...
Income Tax : ITAT Chennai restored the Section 115BAA claim, directing verification and holding delayed or non-electronic Form 10-IC filing sho...
Income Tax : ITAT Ahmedabad deleted the Section 69C addition on bank withdrawals and quashed the agricultural income addition after the reopeni...
Income Tax : ITAT Ahmedabad quashed Section 263 revision, holding deduction for contribution to an approved LIC gratuity fund was not restricte...
Income Tax : ITAT Pune restored Section 147 reassessment, holding Section 153C was inapplicable as seized material did not directly pertain or ...
Income Tax : The ITAT Delhi has revised its hearing notice protocols. Physical notices will now be sent only once, with subsequent dates availa...
Income Tax : ITAT Chandigarh held that ITO Ward-3(1), Chandigarh had no jurisdiction to issue notice to an NRI and hence consequently the asses...
Income Tax : Central Government is pleased to appoint Shri G. S. Pannu, Vice-President of the Income Tax Appellate Tribunal, as President of th...
Income Tax : Ministry of Finance notified rules for appointment of members in various tribunals on 12.02.2020 in which practice of judicial and...
Income Tax : Bhagyalaxmi Conclave Pvt. Ltd. Vs DCIT (ITAT Kolkata) In the remand report, the AO clearly stated that notice u/s 143(2) of the Ac...
ITAT Indore remanded a Section 36(1)(viia) deduction dispute, directing the AO to verify rural branch data before deciding the claim.
ITAT Pune deleted Section 270A penalty on a bonafide Education Cess claim and removed Section 14A disallowance where no exempt income was earned.
ITAT Hyderabad deleted a Section 69 addition, holding that unsigned loose sheets seized from a third party, without corroborative evidence, cannot prove unexplained investment.
ITAT Pune restored the appeal to CIT(A)/NFAC after accepting that the assessee’s medical condition prevented appearance, directing fresh adjudication with hearing.
ITAT Kolkata quashed Section 148 reassessment as time-barred and invalidated reopening for AY 2016-17 due to approval by an incompetent authority under Section 151.
ITAT Kolkata restricted oil and fuel expense disallowance to 5%, holding that full disallowance would result in an unrealistic net profit in the transportation business.
ITAT Surat quashed reassessment, holding denial of cross-examination and initiation under Section 147 instead of Section 153C rendered the proceedings invalid.
ITAT Delhi held routine support and HR services are not royalty under the India-Philippines and India-Thailand DTAAs. Without a PE, Article 7 bars taxation.
ITAT held penalty under Section 271AAC(1) is unsustainable after deletion of Section 69A addition under Section 264 and set aside the penalty order.
ITAT Kolkata upheld deletion of Section 68 addition, holding share sale proceeds could not be treated as unexplained without evidence linking the assessee.
