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 : The Tribunal held that cash deposits during demonetisation cannot be treated as unexplained when backed by audited books, invoices...
Income Tax : The Tribunal ruled that non-specification of the precise statutory charge under sections 270A(2) and 270A(9) violated principles o...
Income Tax : The Delhi ITAT held that institutions engaged in preservation of environment fall under a specific charitable limb under Section 2...
Income Tax : The Tribunal held that CIT(A) cannot enhance income under Section 251 on matters not considered by the Assessing Officer during as...
Income Tax : ITAT Bangalore restored the Section 54F claim after noting that medical issues and portal difficulties prevented timely filing of ...
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 Ahmedabad held that reassessment under Section 147 was invalid as the Assessing Officer failed to show independent applicatio...
Income Tax : ITAT Chandigarh held that cash deposits during demonetization could not be treated as unexplained income since the amounts were re...
Income Tax : ITAT Rajkot held that revision under section 263 was not sustainable where the Assessing Officer had already conducted extensive v...
Income Tax : ITAT Nagpur held that nominal donations received in small amounts could not be treated as non-voluntary contributions merely becau...
Income Tax : ITAT Mumbai deleted the addition under Section 56(2)(vii)(b) after holding that a 2.3% variation between agreement value and stamp...
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...
): The ITAT set aside a penalty of ₹4.25 lakh levied under Section 271C for non-deduction of TDS. Citing the Supreme Court ruling in U.S. Technologies International Pvt. Ltd., the Tribunal held that Section 271C applies only to the failure to deduct, not the late remittance of already deducted tax.
Delhi ITAT deleted a Rs.1000 crore addition made under Section 68 based solely on an SFIO report alleging circular fund rotation. The Tribunal upheld reopening but limited the addition to estimated commission income, ensuring parity with group cases.
The ITAT ruled that a reassessment order passed in the name of a deceased assessee is a curable irregularity, not void ab initio, provided the initial Section 148 notice was validly issued during the assessee’s lifetime.
ITAT Ahmedabad upheld PCIT’s revisionary order, ruling that AO’s failure to disallow interest (Rs.44.51 lakh) on unsecured loans (Rs.92 lakh) already deemed unexplained was an erroneous and prejudicial’ omission, not merely a difference of opinion.
ITAT Chennai admitted fresh documents including confirmations and bank statements for unsecured loans and advances, remanding the matter to AO for de novo assessment to ensure natural justice.
The Income Tax Appellate Tribunal (ITAT) upheld the CIT(A)’s ruling, deleting unexplained money and commission additions made against Riddhesh Girishbhai Bhandari following a search.
ITAT Chandigarh condones a 364-day delay citing post-Covid health issues and relying on SC precedents (Katiji, N. Balakrishnan). The Tribunal upholds the reassessment but deletes the Rs.20.45 lakh addition on a cash deposit, finding the source (brother’s loan for DDs) genuine. The Rs.10.72 lakh salary addition is remanded
ITAT Ahmedabad dismisses the Revenue’s appeals for AY 2017-18 and 2018-19, allowing the Rs.380 crore S 80IA deduction for operating infrastructure facilities, relying on prior cases and Madras HC precedents.
ITAT Ahmedabad set aside the ex parte dismissal of Kansara Popatlal Tibhovandas Metal Pvt Ltd’s appeal, ruling the CIT(A) violated natural justice by passing an order before the due date for submissions.
ITAT Ahmedabad quashed the PCIT’s Section 263 revision setting aside an assessment, holding AO’s enquiry into an Section 80GGC political donation was plausible and adequate.
