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Subscription Fees from cloud Services not Taxable as Royalty in India under India-Ireland DTAA: ITAT [Read Order]

In a recent ruling, the Income Tax Appellate Tribunal (ITAT) of Delhi held that subscription fees from cloud services are not taxable as royalty in...

Overreach beyond Limited Scrutiny Jurisdiction: ITAT quashes PCIT’s Order u/s 263 of Income Tax Act...

Relevant Information Sought by AO Not Provided by Assessee: ITAT Restores Matter to AO for Fresh...

Relief for BSNL Employees’ Co-operative Society: ITAT grants Section 80P(2) Deduction [Read Order]

ITAT directs AO to recompute Penalty on Incorrect Income Tax Deduction u/s 54EC [Read Order]

ITAT grants Trust Second chance to Prove Genuineness of Activities, remands Registration Application to CIT(E) [Read Order]

The Jaipur Bench of Income Tax Appellate Tribunal ( ITAT ) granted Trust a second chance to prove the genuineness of its activities and remanded the registration application under Section...

AO’s failure to Investigate Agricultural Income, Land Purchase Sources, and Unexplained Bank Deposits: ITAT upholds PCIT Order [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) upheld the Principal Commissioner of Income Tax's (PCIT) order, agreeing that the Assessing Officer (AO) failed to conduct proper...

AO's Share Capital/Premium Addition Invalid Due to Absence of Incriminating Evidence in Search: ITAT [Read Order]

The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) invalidated the addition made by the assessing officer for share capital/premium due to the absence of incriminating evidence found during...

Deduction u/s 54 of IT Act allowable even if Old Sale Proceeds not Reinvested in New Asset Acquisition: ITAT [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) recently ruled that deduction under section 54 of Income Tax Act 1961 ( ITA ) is allowable even if proceeds from sale of old property is...

Assessment Proceedings should be conducted u/s 153C instead of Section 147 when material is found on Third-Party Premises: ITAT [Read Order]

In a recent judgement, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has ruled that, based on material found at a third person's premises, assessment proceedings should be conducted...

No Opportunity of Hearing Required for Taxpayer when Case is Transferred between AO’s within Same City u/s 127 (3): ITAT dismisses Appeal [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) dismissed the appeal, ruling that no opportunity of hearing was required for the taxpayer when a case is transferred between Assessing...

Non-Filing of Evidence for Income from Other Sources: ITAT upholds Addition [Read Order]

In a recent ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal ITAT upheld the additions made by the Assessing Officer under Section 69 A of the Income Tax Act, 1961, as unexplained...

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