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 deleted the Section 56(2)(viib) addition after holding rejection of the DCF valuation and addition of the entire share premium unsustainable.
ITAT Delhi remanded ALP adjustment issues for fresh FAR analysis of two comparables and reconsideration of working capital adjustment.
ITAT Kolkata upheld deletion of Section 270A penalty as the notice failed to specify the applicable Section 270A(9) clause and the claim was found debatable.
ITAT Mumbai set aside cancellation of Section 12AB registration, holding Section 13(1)(b) inapplicable to a trust established before the 1961 Act.
ITAT Mumbai held that consideration for transfer of development rights is taxable as capital gains and directed Section 54EC claim to be allowed as per law.
Pune ITAT allowed Section 80P(2)(d) deduction on interest from deposits with co-operative banks by following binding judicial precedents.
Pune ITAT upheld rejection of a Section 154 rectification application, holding that correction of incorrect deductor details required detailed verification.
Mumbai ITAT deleted gratuity trust contribution and export commission disallowances, citing subsequent trust approval and evidence of business connection.
ITAT Jaipur deleted the Section 68 addition on demonetisation cash deposits after holding that recorded cash sales supported by books, bills and VAT returns were not disproved.
ITAT Pune upheld deletion of Section 37(1) disallowances and AMP transfer pricing adjustment, following consistent earlier orders in the assessee’s own case.
