The Income Tax Appellate Tribunal (ITAT), Delhi bench, while applying the rule of consistency, held that the income received by a Company through letting out of Steel Units and Quarters along with the land shall

The Assessing Officer, on remand by the writ court to consider the matter afresh, is not permitted to reconsider the grounds of addition which is already negated by the appellate forums, ruled the Income Tax

The New Delhi bench of Income Tax Appellate Tribunal ( ITAT ) while allowing the appeal held that party will not be a comparable if the company is engaged in diversified services and majority of

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that if no business activity or construction is carried out on a piece of land, it can still be treated as stock in

The stories on the Income Tax Appellate Tribunal ( ITAT ) that were published at Taxscan.in from February 17, 2024 to February 23, 2024 are analytically summarized in this Round-Up. Permitting right to use Brand

In a Setback to DLF Universal, the Income Tax Appellate Tribunal (ITAT), Delhi Bench upheld the disallowance as AO not satisfied with correctness of the claim. The assessee, DLF Universal Ltd. is a company carrying

This weekly summary analyses the major Income Tax Appellate Tribunal (ITAT) stories that have been published at Taxscan.in. during the previous week from June 10 to June 17, 2023. Maintenance Income from Building Let out

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the error in the online income tax return shall deserve rectification after due verification and the Revenue cannot take the benefit of

The Delhi Bench of Income Tax Act has held that the receipts from centralised service income by Radisson Hotels international would not be taxable as fees for technical services (FTS) or fees for included services

The Income Tax Appellate Tribunal (ITAT), New Delhi Bench granted full credit of TDS on the ground that Commission Income is not ‘managerial service’ under India Germany Double Taxation Avoidance Agreement (DTAA). The common grievance

Income Tax Appellate Tribunal (ITAT), Delhi bench comprising A.D. Jain, Vice President and Dr. B. R. R. Kumar, Accountant Member quashed the penalty imposed by AO for non-compliance of notice under Section 274 of Income

The Delhi bench of the Income Tax Appellate Tribunal (ITAT), has recently allowed an illiterate assessee a fresh opportunity to produce the documents before the assessing officer since he was not properly represented by the

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that Section 56 (2)(viib) of the Income Tax Act 1961 which are crucial in preventing tax evasion and ensuring fair taxes with regard to

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that there is no justification for adopting a lower Fair Market Value (FMV) in the case of the assessee merely on the basis of

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has ruled that sub-contracting charges are not taxable in India if no technical knowledge is transferred to the Indian entity and held that the assessee