#ITAT Judgments
Log in to FollowLatest ITAT Judgments updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Section 40(a)(ia) Addition Set Aside Due to Unverified Threshold Applicability

ITAT Bangalore Accepts assessee’s plea to exclude comparables failing turnover filter

Receipt for offshore supply of equipment, plants by foreign company not taxable in India: ITAT Delhi

Notice Under Section 148 Invalid Due to Faceless Mandate Violation

ITAT Mumbai Quashed Reassessment Due to Invalid Notice Under Extended Limitation

Bogus Purchase Addition Limited to Profit Element Only: ITAT Chennai

Section 270A Penalty Invalid for Loss Reclassification from Business to Speculative

Section 148 Notice Held Invalid Due to Breach of Faceless Reassessment Rules

Only Unexplained Portion of Cash Deposits Can Be Taxed: ITAT Chennai

Non-examination of issue of depreciation claimed on goodwill justifies revision u/s. 263

Penalty Deleted as Addition Was Based on Estimation

Section 205 Bars Denial of TDS Credit for Employer’s Default: ITAT Mumbai

Depreciation on Amalgamation Goodwill Allowed Under Settled Law

Section 68 Loan Addition Solely on Third-Party Statement Fails if no Independent AO Inquiry
Explore the latest ITAT Judgments updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
