Follow Us:

ITAT Judgments

ITAT Judgment contain Income Tax related Judgments from Income Tax Appellate Tribunal Across India which includes ITAT Mumbai, Chennai, Delhi, Kolkutta, Hyderabad etc.

Latest Articles


India’s MLI Problem: Ratified, But Not Notified

Income Tax : Article examines whether the MLI Principal Purpose Test has domestic effect under Section 90(1) following Nestlé SA and Sky High ...

July 10, 2026 228 Views 0 comment Print

Ignoring Notices at AO and CIT(A) Stages Can Ruin Direct Tax Cases

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...

July 4, 2026 441 Views 0 comment Print

Section 54 Exemption Must Be Computed Asset-Wise as Each House Transfer Is a Separate Source of Capital Gain: ITAT Bangalore

Income Tax : ITAT held that Section 54 exemption must be examined separately for each residential house sold. Aggregating gains from multiple t...

July 2, 2026 240 Views 0 comment Print

Section 11 Exemption Cannot Be Denied as Form 10B Was Filed Before Return Processing: ITAT Jaipur

Income Tax : ITAT held that delayed filing of Form 10B cannot defeat Section 11 exemption if the audit report is available before processing un...

July 2, 2026 159 Views 0 comment Print

ITAT Deletes On-Money Addition as Unsigned Agreement & Third-Party Records Lacked Evidence

Income Tax : Smt. Ranjana Kumari/Kalta Vs DCIT/ACIT (Central) (ITAT Chandigarh) The appeals involved three assessees belonging to the Kalta Gro...

June 30, 2026 360 Views 0 comment Print


Latest News


Section 2(47)(v) Capital Gains Deleted as Section 53A Conditions Not Satisfied: ITAT Bangalore

Income Tax : ITAT Bangalore held Section 2(47)(v) inapplicable as the JDA did not satisfy Section 53A conditions, deleting capital gains for AY...

July 11, 2026 189 Views 0 comment Print

CAAS Moves Supreme Court on ITAT Vacancies

Income Tax : The issue concerns massive backlog in ITAT caused by unfilled positions and delayed appointments. The intervention highlights that...

April 18, 2026 675 Views 0 comment Print

Representation for enhancement of monetary limit for SMC cases before ITAT

Income Tax : A representation seeks doubling the SMC threshold due to inflation and higher dispute values. The key takeaway is that increasing ...

April 4, 2026 1410 Views 0 comment Print

Raj Kundra Gifted Shilpa Shetty ₹12.5 Crore. Now Tax Tribunal Wants to Know How

Income Tax : The tribunal held that a gift deed alone cannot establish legitimacy under Section 68. It directed fresh scrutiny of the donor’s...

March 20, 2026 1305 Views 0 comment Print

Income from Vessel Operations Taxable Under India-Norway DTAA: ITAT Delhi

Income Tax : Delhi ITAT allows Sanco Holding, a Norwegian company, to compute income from bareboat charter of seismic vessels under Article 21(...

October 17, 2025 903 Views 0 comment Print


Latest Judiciary


Section 80P Deduction Allowed on Interest Earned from Bank Deposits by Co-operative Credit Society: ITAT Pune

Income Tax : ITAT Pune allowed deduction under Section 80P(2)(a)(i) on interest from deposits with co-operative and scheduled banks, following ...

July 13, 2026 9 Views 0 comment Print

Section 80P Deduction Allowed on Interest from Co-operative Bank Deposits: ITAT Pune

Income Tax : ITAT Pune allowed deduction under Sections 80P(2)(a)(i) and 80P(2)(d) on interest earned from deposits with co-operative and sched...

July 13, 2026 9 Views 0 comment Print

Hyderabad ITAT: Registered Sale Deed Triggers Capital Gains Despite Dispute; Matter Remanded Only for Correct Computation of Cost

Income Tax : Hyderabad ITAT upheld capital gains on a registered sale deed but remanded LTCG computation for fresh verification of the cost of ...

July 13, 2026 45 Views 0 comment Print

ITAT Pune Allows Section 80P(2)(d) Deduction on Co-operative Bank Dividends

Income Tax : ITAT Pune allowed deduction under Section 80P(2)(d) on dividend from co-operative banks, following coordinate bench decisions for ...

July 13, 2026 66 Views 0 comment Print

ITAT Pune Remands Section 80P Deduction Claim Following Precedents

Income Tax : ITAT Pune remanded the Section 80P deduction issue for fresh assessment after noting relevant precedents and directing reconsidera...

July 13, 2026 60 Views 0 comment Print


Latest Notifications


SOPs for sending notice to parties for hearing of cases before ITAT Bench

Income Tax : The ITAT Delhi has revised its hearing notice protocols. Physical notices will now be sent only once, with subsequent dates availa...

July 25, 2025 1323 Views 0 comment Print

ITO doesn’t have jurisdiction to issue notice to NRI: ITAT Chandigarh

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...

April 11, 2025 5979 Views 0 comment Print

Govt appoints Shri G. S. Pannu as President of ITAT

Income Tax : Central Government is pleased to appoint Shri G. S. Pannu, Vice-President of the Income Tax Appellate Tribunal, as President of th...

September 6, 2021 2274 Views 0 comment Print

Appointment as ITAT Member- Disparity with CAs

Income Tax : Ministry of Finance notified rules for appointment of members in various tribunals on 12.02.2020 in which practice of judicial and...

June 30, 2021 20187 Views 6 comments Print

Notice issued by officer having no jurisdiction of assessee is null & void

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...

February 3, 2021 10050 Views 0 comment Print


Compensation under Early Retirement Scheme cannot be taxed as profits in lieu of salary

June 19, 2026 228 Views 0 comment Print

The ITAT Pune held that compensation received under an Early Retirement Scheme could not be taxed as profits in lieu of salary under Section 17(3)(i). Following earlier judicial precedents, it directed deletion of the addition.

ITAT Quashes Section 270A Penalty as AO Failed to Specify Misreporting Charge

June 19, 2026 1101 Views 2 comments Print

The ITAT held that penalty proceedings under Section 270A were invalid because the Assessing Officer did not specify the applicable statutory charge under the provision. It ruled that such omission violated the principles of natural justice and quashed the penalty.

Cash Deposits During Demonetisation Cannot Be Taxed Twice Where Sales Are Accepted: ITAT Delhi

June 19, 2026 408 Views 0 comment Print

The Delhi ITAT held that cash deposits sourced from recorded cash sales cannot be treated as unexplained credits once the sales and books of account are accepted. The Tribunal deleted the Section 68 addition as it resulted in double taxation of the same income.

ITAT Delhi Upholds 1% Income Estimate as Assessee Was Commission Agent

June 19, 2026 264 Views 0 comment Print

The ITAT Delhi held that only 1% of the gross bank transactions could be assessed as income after finding that the assessee acted as a commission agent. It upheld the CIT(A)’s reliance on the consistent approach adopted in the preceding assessment year.

Sales Tax Subsidy Non-Taxable as It Was Meant for Industrial Development: ITAT Ahmedabad

June 19, 2026 246 Views 0 comment Print

The ITAT held that sales tax subsidy granted under industrial incentive schemes constituted a capital receipt because its purpose was industrial development rather than business profits. The Revenue’s appeal was dismissed and the subsidy was excluded from taxable income and book profits.

Section 68 Addition Upheld as Loans Were Accommodation Entries: ITAT Mumbai

June 18, 2026 417 Views 0 comment Print

The Tribunal relied on earlier findings that the lending entities were paper concerns engaged in providing accommodation entries. The unsecured loans were treated as unexplained cash credits.

ITAT Quashes Reassessment as AO Invoked Section 147 Instead of Section 153C

June 18, 2026 330 Views 0 comment Print

The ITAT Mumbai held that where additions were based on seized material from a third-party search, proceedings should have been initiated under Section 153C and not Section 147. The assessment was declared invalid.

ITAT Allows Deduction for Hidden Expenditure as Entire On-Money Cannot Be Taxed

June 18, 2026 420 Views 0 comment Print

The Tribunal held that the entire unaccounted turnover from alleged on-money receipts cannot be treated as taxable income. It ruled that reasonable hidden expenditure must be considered while estimating profits.

Section 68 Addition Upheld as Assessee Failed to Prove Genuineness of Loan Transactions

June 18, 2026 216 Views 0 comment Print

The ITAT Ahmedabad held that confirmations and banking documents alone were insufficient to establish genuine unsecured loans. The addition under Section 68 and related interest disallowance were upheld.

Section 50C Applies to Transfer of Land to Govt-Linked Housing Society; ITAT Upholds Section 263 Revision

June 18, 2026 177 Views 0 comment Print

The ITAT Mumbai held that the doctrine of merger did not bar revision under Section 263 because the applicability of Section 50C was never considered during the reassessment or appellate proceedings. It upheld the revision while directing fresh consideration of the property’s valuation through the prescribed statutory mechanism.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031