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 Pune restored Section 147 reassessment, holding Section 153C was inapplicable as seized material did not directly pertain or ...
Income Tax : ITAT Delhi dismissed the Revenue’s appeal, upholding deletion of Section 68 and Section 69C additions as loans were supported by...
Income Tax : ITAT Mumbai rejected the Section 80JJAA claim as it was not made in the return, remanded the Section 80G issue for verification, a...
Income Tax : ITAT Ahmedabad deleted most Section 68 additions after accepting documentary evidence, remanding only verification of ₹12.15 lak...
Income Tax : ITAT Mumbai restored the Section 32AC deduction claim for fresh verification and upheld restriction of Section 14A disallowance to...
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 Delhi set aside Section 154 rectification holding the Section 40(a)(ia) TDS disallowance involved a debatable issue requiring detailed enquiries.
ITAT Rajkot quashed Section 147 reassessment as alleged escaped income of Rs. 34.30 lakh was below the Rs. 50 lakh threshold under Section 149.
ITAT Chennai dismissed Revenue’s appeals and upheld depreciation on goodwill arising from slump sale acquisitions, treating acquired business rights as eligible intangible assets.
ITAT Ahmedabad set aside rejection of books under Section 145(3) and remanded business promotion expense verification to the Assessing Officer.
ITAT Mumbai quashed reassessment under Section 147, holding reopening on an issue examined in scrutiny amounted to a mere change of opinion.
ITAT Pune upheld deletion of ₹6.20 crore addition and held reassessment under Section 147 invalid where seized search material relating to the assessee attracted Section 153C.
ITAT Ahmedabad allowed full Section 10(10B) exemption on BSNL VRS compensation and directed the Assessing Officer to grant relief.
ITAT Ahmedabad restricted the alleged on-money addition to the assessee’s 17% documented investment share and directed consequential relief.
ITAT Bangalore held Section 2(47)(v) inapplicable as the JDA did not satisfy Section 53A conditions, deleting capital gains for AY 2010-11.
ITAT Delhi deleted the Section 40(a)(i) disallowance by applying the India-Japan DTAA non-discrimination clause and dismissed the Revenue’s appeal.
