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 Pune allowed Section 80P(2)(d) deduction on interest from deposits with Cooperative Banks, following its earlier decisions in the assessee’s own case.
ITAT Panaji allowed Section 80P(2)(a)(i) deduction, holding the assessee remained a cooperative society as it had no RBI banking licence.
ITAT Kolkata quashed the assessment, holding the ACIT lacked pecuniary jurisdiction under CBDT Instruction No. 1/2011 where the returned income was below the prescribed limit.
ITAT Jaipur dismissed the appeal against a Section 148A(3) order, holding it was not appealable under Section 253 of the Income-tax Act.
ITAT Delhi deleted a Section 69 addition based on Omaxe search material, holding third-party Excel data without cross-examination or corroboration was insufficient.
ITAT Delhi upheld deletion of Section 68 addition, holding ₹2 crore was recovery of earlier advance supported by records and banking transactions.
ITAT Delhi set aside Section 143(3) assessments for AY 2022-23 as Sections 148 and 148B procedures and prior approval were not complied with.
ITAT Jabalpur remanded Section 54 exemption and DVO valuation issues, upheld AY 2015-16 taxability, and allowed retrospective benefit of Section 50C proviso.
ITAT Mumbai upheld deletion of Section 271G penalty, holding substantial TP documentation, no ALP adjustment, and reasonable cause under Section 273B.
ITAT Delhi deleted bogus purchase additions, holding that genuine purchases and sales were supported by documentary evidence and the Revenue failed to disprove them.
