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 : Bangalore ITAT deleted Section 40(a)(ia), notional interest, ICDS and Section 68 additions, citing Form 26A compliance and evident...
Income Tax : Bangalore ITAT remanded FD interest addition, directing verification of fund ownership and held Form 26AS alone is not determinati...
Income Tax : Bangalore ITAT held entire alleged bogus purchases cannot be added where sales are accepted, restricting the addition to 1.15% pro...
Income Tax : Bangalore ITAT held TP adjustments apply only to international AE transactions and upheld verified capacity, working capital and o...
Income Tax : ITAT Delhi reduced the Section 69A addition to ₹5 lakh, holding the cash deposits were substantially supported by withdrawals an...
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...
Bangalore ITAT set aside PCIT’s s.263 order, ruling that difference of opinion on profit estimation rate (6% vs 8%) for a contractor isn’t grounds for revision.
ITAT Bangalore ruled that income belongs to the person who actually earned it. Purchases and sales recorded by son, with audited accounts, barred addition in father’s hands.
Mumbai ITAT deleted Rs.50,000 penalty under s.272A(1)(d), ruling COVID-19 hospitalization was a reasonable cause for non-compliance to multiple notices issued in quick succession.
The ITAT Jaipur dismissed the appeals of Whole Sale Cloth Merchant Association, upholding the reassessments and denial of Section 11/12 exemption. The Tribunal confirmed that the trust’s failure to file returns
The ITAT Bangalore allowed appeals by Mohammad Abdul Najeeb and others, ruling that the non-communication of reasons and lack of hearing opportunity before issuing a Section 127 jurisdiction transfer order rendered the subsequent search assessments
Bangalore ITAT rejected PR consultant’s revised return, ruling that agency business is excluded from presumptive taxation under s.44AD(6)(iii). Original income confirmed.
CIT(A)/NFAC had dismissed appeal alleging no submissions; ITAT noted documents were filed and directed fresh consideration, upholding principles of natural justice.
Technicalities Cannot Defeat Substantial Justice: ITAT Allows Delayed Appeal of Rural Senior Citizen- Email Notices Ignored by 74-Year-Old HUF Kartha – ITAT Bangalore Grants Relief & Restores Matter to NFAC
The ITAT Nagpur allowed an agriculturist’s appeal, deleting an addition u/s 68 after ruling that agricultural production cannot be estimated mechanically using average yield data, as yield varies based on soil, weather, and farming practices.
The ITAT Nagpur set aside a reassessment that added Rs. 11 lakhs to income, ruling that the AO violated Section 148A(b) by providing only 6 clear days for the taxpayer’s response, contrary to Bombay and Calcutta High Court precedents.
