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 Kolkata quashed the assessment as the jurisdictional Assessing Officer did not issue the mandatory notice under Section 143(2...
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 : 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 Hyderabad deletes penalty u/s 271D on cash receipts for agricultural land sale, citing reasonable cause and prior rulings. Appeals allowed
ITAT Jaipur quashes ₹1.83 Cr assessment on S.S. Diam Pvt. Ltd., struck off by ROC, holding assessment on non-existent company invalid; all additions deleted.
ITAT Hyderabad deletes ₹33 lakh addition under Section 115BBE, ruling that cash seized and declared as business income should be taxed at normal rates, not as unexplained income.
ITAT Raipur followed Supreme Court and Delhi High Court precedents, including ACIT vs Hotel Blue Moon and Shaily Juneja vs ACIT, ruling that reassessment without service of Section 143(2) notice is arbitrary, bad in law, and void
ITAT Raipur quashed reassessment against Christi Jain due to lack of jurisdiction; order by ITO Raipur held void as AO lacked legal authority.
ITAT Pune ruled fee u/s 234E can’t apply for TDS returns processed before 01.06.2015; NFAC orders reversed in 14 cases of Utkarsh Balaso Patil.
ITAT Jaipur allows 54B exemption as full sale proceeds were reinvested; DLC value under sec 50C doesn’t affect exemption when actual consideration is reinvested.
ITAT Jaipur rules reassessment notice issued post-TOLA limit invalid in Sanskriti Build-Dev vs ITO. Proceedings declared time-barred under Rajeev Bansal ruling.
Summary of Deepika Garg vs. ITO (ITAT Chandigarh) for AY 2017-18. The ruling deletes a Rs. 24 lakh addition for alleged bogus cash sales, upholding the assessee’s audited books and documented transactions.
The ITAT Ahmedabad directed the CIT(E) to grant registration to Hatkeshwar Mahadev Trust, ruling that caste-based objects alone are not a violation without proof of applied income.
