![Income Tax Annual Digest 2024: ITAT Cases [Part 23]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Income-Tax-Income-Tax-Annual-Digest-2024-Income-Tax-Digest-2024-TAXSCAN-1.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 23]")
Income Tax Annual Digest 2024: ITAT Cases [Part 23]
This annual round-up analytically summarizes all the Income Tax related Orders of the Income Tax Appellate Tribunal (ITAT) Benches of India reported...
![AO Adds Gross Receipt of ₹24,89,121 u/s 144 for Commission Income Instead of Net Income: ITAT Remands Matter for Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Pune-ITAT-Income-Tax-Appellate-Tribunal-Gross-Receipt-Section-144-of-the-Income-Tax-Act-Section-144-Net-Income-taxscan.jpg "AO Adds Gross Receipt of ₹24,89,121 u/s 144 for Commission Income Instead of Net Income: ITAT Remands Matter for Fresh Adjudication [Read Order]")
![Disallowance of PF Damages u/s 14B of the PF Act: ITAT allows 40% as Compensatory, Disallows 60% as Penal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Disallowance-of-PF-PF-Damages-Disallowance-of-PF-Damage-PF-Act-Section-14B-of-the-PF-Act-Compensatory-taxscan.jpg "Disallowance of PF Damages u/s 14B of the PF Act: ITAT allows 40% as Compensatory, Disallows 60% as Penal [Read Order]")
![No Additions Allowed in Completed Assessments u/s 153A Without Incriminating Material seized during search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-No-Additions-Allowed-in-Completed-Assessments-incriminating-material-Section-153A-of-the-Income-Tax-Act-assessments-under-Section-153A-share-capital-ITAT-news-Taxscan.jpg "No Additions Allowed in Completed Assessments u/s 153A Without Incriminating Material seized during search: ITAT [Read Order]")
![Business Losses, Including Irrecoverable Amounts, Allowable u/s 28 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-Business-Losses-Irrecoverable-Amounts-Section-28-of-the-Income-Tax-Act-Income-Tax-Act-taxscan-1.jpg "Business Losses, Including Irrecoverable Amounts, Allowable u/s 28 of Income Tax Act: ITAT [Read Order]")
An Income Tax appeal should not be filed merely because Tax Effect exceeds Monetary limits prescribed: Chhattisgarh HC [Read Order]
In a recent case, the High Court of Chhattisgarh observed that an income tax appeal should not be filed merely because tax effect exceeds the monetary limits prescribed.As per the Circular No 5/2024...
![An Income Tax appeal should not be filed merely because Tax Effect exceeds Monetary limits prescribed: Chhattisgarh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/An-Income-Tax-appeal-filed-merely-because-Tax-Effect-Monetary-prescribed-Chhattisgarh-HC-TAXSCAN.jpg "An Income Tax appeal should not be filed merely because Tax Effect exceeds Monetary limits prescribed: Chhattisgarh HC [Read Order]")
Disallowance of Employer Contributions u/s 43B(b) Due to Delayed Payments: ITAT Remands Case for Verification [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) partly allowed the appeal and remanded the case to the Assessing Officer ( AO ) for verification of employer contributions disallowed...
![Disallowance of Employer Contributions u/s 43B(b) Due to Delayed Payments: ITAT Remands Case for Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Income-Tax-Act-TAXSCAN-2.jpg "Disallowance of Employer Contributions u/s 43B(b) Due to Delayed Payments: ITAT Remands Case for Verification [Read Order]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 22]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-ITAT-Cases-Part-22-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 22]")
ITAT deletes 50% Disallowance of Foreign Travel Expenses, Citing Lack of Evidence for Personal Use [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT )Â deleted the 50% disallowance of foreign travel expenses, ruling that the disallowance was arbitrary due to a lack of evidence supporting...
![ITAT deletes 50% Disallowance of Foreign Travel Expenses, Citing Lack of Evidence for Personal Use [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Disallowance-of-Foreign-Travel-Expenses-Citing-Lack-of-Evidence-Personal-Use-taxscan.jpg "ITAT deletes 50% Disallowance of Foreign Travel Expenses, Citing Lack of Evidence for Personal Use [Read Order]")
Amalgamation Expenses not Treated as Business Expenses u/s 37(1) of Income Tax Act: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that amalgamation expenses could not be treated as business expenses under Section 37(1) of the Income Tax Act, 1961 upholding the...
![Amalgamation Expenses not Treated as Business Expenses u/s 37(1) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Amalgamation-Expenses-Treated-Business-Expenses-Income-Tax-Act-ITAT-taxscan.jpg "Amalgamation Expenses not Treated as Business Expenses u/s 37(1) of Income Tax Act: ITAT [Read Order]")
Disallowance of Expenses u/s 14A for Exempt Dividend Income: ITAT deletes Rs.33.75 Lakh [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted a Rs.33.75 Lakh disallowance under Section 14A for exempt dividend income, noting that the investments were made in prior years...
![Disallowance of Expenses u/s 14A for Exempt Dividend Income: ITAT deletes Rs.33.75 Lakh [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Disallowance-of-Expenses-Exempt-Dividend-Income-ITAT-taxscan.jpg "Disallowance of Expenses u/s 14A for Exempt Dividend Income: ITAT deletes Rs.33.75 Lakh [Read Order]")
Taxpayer Mistakenly Labeled ₹21,28,710 as Commission Expenses Instead of Construction Expenses: ITAT deletes Addition [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted an addition of Rs. 21,28,710 made by the Assessing Officer due to the taxpayer’s mistakenly misclassification of construction...
![Taxpayer Mistakenly Labeled ₹21,28,710 as Commission Expenses Instead of Construction Expenses: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-ITAT-ITAT-Pune-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "Taxpayer Mistakenly Labeled ₹21,28,710 as Commission Expenses Instead of Construction Expenses: ITAT deletes Addition [Read Order]")