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 Delhi deleted an addition for bogus purchases against Deepak Pawar. The tribunal ruled that since sales were accepted and purchases were supported by evidence, a profit estimation was invalid.
The ITAT Cochin confirmed a penalty under Section 271D for a taxpayer who accepted a large cash payment for property, ruling that ignorance of the law is not a reasonable cause.
The ITAT Delhi has deleted a ₹5.15 lakh tax addition for cash deposits during demonetization. The Tribunal ruled that the funds were explained by agricultural income and land sale proceeds.
ITAT Delhi has ruled in favor of Lucky Exports, confirming that commission to foreign agents is not ‘Fees for Technical Services’ and that legal fees for services rendered abroad are not taxable in India.
The ITAT Delhi has ruled that a charitable trust’s surplus funds kept in a current account with a scheduled bank qualify as a valid investment under Section 11(5) of the Income Tax Act, thereby allowing the trust’s exemption claim.
Delhi ITAT has quashed assessments for seven years, ruling that the approval granted under Section 153D was a mechanical and invalid sanction.
The ITAT Delhi has ruled that no penalty can be sustained on estimated income, deleting the penalty levied on an individual for discrepancies found in his Form 26AS.
ITAT Delhi quashes an assessment order for the Shilpi Sardana case, ruling that the Section 143(2) notice was invalid as it did not conform to the CBDT’s mandated format.
The ITAT Delhi has quashed the reassessment against Sonia Kapoor, ruling it invalid. The court found that because no addition was made on the initial reason for reopening, the entire process was void.
The ITAT Delhi has upheld the deletion of a ₹3.51 crore addition, ruling that the assessee proved the identity, creditworthiness, and genuineness of unsecured loans.
