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 condoned a 233-day delay, set aside dismissal for non-prosecution, and restored the appeal to CIT(A)/NFAC for fresh disposal after hearing.
ITAT Delhi deleted the Section 14A r/w Rule 8D disallowance where no exempt income was earned and remanded the Section 36(1)(iii) issue for fresh examination.
ITAT Agra deleted a Section 69 addition holding that an unauthenticated third-party Excel sheet without independent corroboration or cross-examination cannot sustain the addition.
ITAT Delhi upheld deletion of a Section 68 addition after accepting that the turnover difference arose from GST-inclusive accounting under Section 145A.
ITAT Kolkata held that income cannot be estimated without rejecting the books of account and directed deletion of the addition after allowing Rule 27 grounds.
ITAT Bangalore deleted additions treating agricultural income as income from other sources after finding audited books were not rejected.
ITAT Bangalore restored the Section 69A addition to the AO after holding the assessee lacked adequate opportunity to substantiate cash deposits.
ITAT Bangalore condoned a 9-day delay in a Section 270A penalty appeal and remanded the matter to the CIT(A) for decision on merits.
ITAT Bangalore condoned a 38-day delay in filing the appeal before the CIT(A) after accepting hospitalization as sufficient cause and remanded the matter.
ITAT Bangalore set aside the bogus purchase addition and restored the matter to the AO for fresh verification after granting another opportunity.
