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 : 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 : Learn about hybrid hearing guidelines of Income Tax Appellate Tribunal (ITAT) Indore Bench, effective from October 9, 2023, offeri...
Income Tax : ITAT Agra quashed the Section 147 reassessment, holding the amount alleged to have escaped assessment was already included in the ...
Income Tax : ITAT Cuttack dismissed the appeal after noting the assessee's authorised representative appeared virtually without the prescribed ...
Income Tax : ITAT Mumbai deleted the bogus purchase addition and upheld deletion of the Section 69A gold addition after finding the purchases g...
Income Tax : ITAT Chennai remanded the Section 56(2)(x)(b) addition for fresh examination of DVO reference, condoned delay, and directed paymen...
Income Tax : ITAT Mumbai allowed ESOP deduction under Section 37, holding that ESOP discount is not a contingent liability and directing deleti...
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 Chennai held one-time settlement paid to contractors is fully deductible under Section 37, remanded the Section 14A issue, and dismissed the Revenue’s appeal.
ITAT Mumbai held that an incorrect statutory clause selected in Form 10AB cannot justify rejection of Section 12AB registration without an opportunity to rectify.
ITAT Delhi held that a Section 148 notice issued beyond three years is void when sanctioned by the PCIT instead of the authority prescribed under Section 151.
ITAT Delhi restricted the Section 68 addition on demonetisation cash deposits to ₹2 lakh and directed assessment under normal provisions instead of Section 115BBE.
ITAT Mumbai remanded a Section 69 addition for fresh verification of the claim that property investment came from husband’s gift funded by FD maturity proceeds.
Article examines whether the MLI Principal Purpose Test has domestic effect under Section 90(1) following Nestlé SA and Sky High ITAT rulings.
ITAT Delhi quashed Section 153C assessments, holding the block period must be reckoned from the satisfaction note date and completed assessments need incriminating material.
ITAT Delhi quashed Section 153C assessments as the 20.10.2021 satisfaction note placed the deemed search date after 1 April 2021.
ITAT Lucknow annulled Section 147 reassessment holding that cash deposits were examined in the original assessment and reopening amounted to a change of opinion.
ITAT Delhi deleted a Section 69A addition after holding that cash deposits were fully explained through verified bank withdrawals and a co-owner’s accepted advance.
