![Invoices, E-Way Bills and Bank Payments Prove Purchases: ITAT deletes 100% Disallowance on alleged Bogus Purchase, Limits to 10% [Read Order]](https://images.taxscan.in/h-upload/2026/01/20/500x300_2120920-itat-delhi-invoices-e-way-bills-bank-payments-taxscan.webp "Invoices, E-Way Bills and Bank Payments Prove Purchases: ITAT deletes 100% Disallowance on alleged Bogus Purchase, Limits to 10% [Read Order]")
Invoices, E-Way Bills and Bank Payments Prove Purchases: ITAT deletes 100% Disallowance on alleged Bogus Purchase, Limits to 10% [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has deleted 100% disallowance on alleged bogus purchases stating that the purchases...
![No Separate Rent provided by Co-tenants: ITAT Grants relief to Landlord based on Tenant’s Bank Records [Read Order]](https://images.taxscan.in/h-upload/2026/01/20/250x150_2120903-no-separate-rent-provided-by-co-tenants-taxscan.webp "No Separate Rent provided by Co-tenants: ITAT Grants relief to Landlord based on Tenant’s Bank Records [Read Order]")
![Rebate u/s 87A allowable to STCG and LTCG Taxed under New Regime, Not Applicable on VDA Transfers: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/20/250x150_2120862-stcg-and-ltcg-itat-taxscan.jfif "Rebate u/s 87A allowable to STCG and LTCG Taxed under New Regime, Not Applicable on VDA Transfers: ITAT [Read Order]")
AO's Erroneous Assumption of Land Cost as Part of Construction Cost: ITAT Remands LTCG Matter for fresh consideration [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, remanded the matter back to the Assessing Officer (AO) after observing that the AO had disallowed the claim for the...
![AOs Erroneous Assumption of Land Cost as Part of Construction Cost: ITAT Remands LTCG Matter for fresh consideration [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/500x300_2120791-aos-erroneous-assumption-of-land-cost-as-part-of-construction-cost-itat-remands-ltcg-matter-for-fresh-consideration-taxscan.webp "AOs Erroneous Assumption of Land Cost as Part of Construction Cost: ITAT Remands LTCG Matter for fresh consideration [Read Order]")
Whatsapp Chat confirms Counsel’s Negligence Caused Delay in Filing Income tax Appeal: ITAT Restores matter to CIT(A) [Read Order]
The Indore Bench of the Income Tax Appellate Tribunal ( ITAT ) held that delay in filing income tax appeal was due to the negligence of the counsel. The tribunal accepted the proof of whatsapp chat...
![Whatsapp Chat confirms Counsel’s Negligence Caused Delay in Filing Income tax Appeal: ITAT Restores matter to CIT(A) [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/500x300_2120797-whatsapp-chat-confirms-counsels-negligence-caused-delay-filing-income-tax-appeal-taxscan.webp "Whatsapp Chat confirms Counsel’s Negligence Caused Delay in Filing Income tax Appeal: ITAT Restores matter to CIT(A) [Read Order]")
Deeming Provision of S. 69A applies only when ‘Money Found’ with Taxpayer and Not Explained: ITAT [Read Order]
The deeming provision under Section 69A of the Income Tax Act, 1961 applies only when “money” is found with the assessee and the assessee fails to explain its nature and source, ruled the Income...
![Deeming Provision of S. 69A applies only when ‘Money Found’ with Taxpayer and Not Explained: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/500x300_2120788-section-69a-income-tax-taxscan.webp "Deeming Provision of S. 69A applies only when ‘Money Found’ with Taxpayer and Not Explained: ITAT [Read Order]")
ESOP Cost allowable as Business Expenditure u/s 37: ITAT allows Yatra’s ₹93L Claim Despite same Issue Pending before SC [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Delhi Bench allowed that ESOP (Employee Stock Option Plan) expenditure to Yatra as business deduction under Section37(1) of the Income Tax Act, 1961...
![ESOP Cost allowable as Business Expenditure u/s 37: ITAT allows Yatra’s ₹93L Claim Despite same Issue Pending before SC [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/500x300_2120774-esop-itat-taxscan.jfif "ESOP Cost allowable as Business Expenditure u/s 37: ITAT allows Yatra’s ₹93L Claim Despite same Issue Pending before SC [Read Order]")
No Capital Gain Tax in JDA Execution Year without Consideration & with Limited Possession: ITAT [Read Order]
‘Where no consideration is received and possession is handed over only for limited purpose of development, no capital gains can be said to have accrued in the year of execution of the JDA’, held the...
![No Capital Gain Tax in JDA Execution Year without Consideration & with Limited Possession: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/500x300_2120761-no-capital-gain-tax-jda-execution-year-without-consideration-taxscan.webp "No Capital Gain Tax in JDA Execution Year without Consideration & with Limited Possession: ITAT [Read Order]")
![Delhi HC Quashes Income Tax Notices against NDTV Founders, Slaps ₹2 Lakh Costs on Department [Read Judgment]](https://images.taxscan.in/h-upload/2026/01/19/500x300_2120740-delhi-hc-quashes-income-tax-notices-against-ndtv-founders-taxscan.webp "Delhi HC Quashes Income Tax Notices against NDTV Founders, Slaps ₹2 Lakh Costs on Department [Read Judgment]")