![Non-Payment of Advance Tax Makes S.249(4)(b) of Income Tax Act Inapplicable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Delhi.jpg "Non-Payment of Advance Tax Makes S.249(4)(b) of Income Tax Act Inapplicable: ITAT [Read Order]")
Non-Payment of Advance Tax Makes S.249(4)(b) of Income Tax Act Inapplicable: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) ruled that non-payment of advance tax makes Section 249(4)(b) of the Income Tax Act,1961...
![Relief to Jindal Saw, Income Tax not Applicable on Incentives Received as Excise Duty Refund, Sales Tax Remission, Sales/VAT Input Tax Refund: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Relief-to-Jindal-Saw-Income-Tax-Applicable-Incentives-Received-Excise-Duty-Refund-Sales-Tax-Remission-Sales-VAT-Input-Tax-Refund-ITAT-TAXSCAN.jpg "Relief to Jindal Saw, Income Tax not Applicable on Incentives Received as Excise Duty Refund, Sales Tax Remission, Sales/VAT Input Tax Refund: ITAT [Read Order]")
![Subsequent Judgment Overruling Tribunal’s Legal View Not a Mistake Apparent from Record: ITAT Rejects Recall Plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Subsequent-Judgment-Overruling-Tribunals-Legal-Mistake-Apparent-from-Record-ITAT-Taxscan.jpg "Subsequent Judgment Overruling Tribunal’s Legal View Not a Mistake Apparent from Record: ITAT Rejects Recall Plea [Read Order]")
![Relief to Make My Trip: ITAT Quashes Revision Order Noting AOs Proper Inquiry on ESOP Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Make-my-Trip.jpg "Relief to Make My Trip: ITAT Quashes Revision Order Noting AOs Proper Inquiry on ESOP Expenses [Read Order]")
![Taxability of Pre-Commencement Interest Income u/s 56: ITAT Restores Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Interest-income.jpg "Taxability of Pre-Commencement Interest Income u/s 56: ITAT Restores Matter to CIT(A) [Read Order]")
Capital Gains Addition of Rs.1.81 Crore Set Aside: ITAT Remands Case to CIT(A) for Re-Examination [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) restored the case back to the National Faceless Appeal Centre ( NFAC ) for fresh adjudication of its section 11(1A) exemption claim,...
![Capital Gains Addition of Rs.1.81 Crore Set Aside: ITAT Remands Case to CIT(A) for Re-Examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Capital-Gain-Addition-capital-gains-under-Income-Tax-Act-taxscan.jpeg "Capital Gains Addition of Rs.1.81 Crore Set Aside: ITAT Remands Case to CIT(A) for Re-Examination [Read Order]")
Prior Period Expenses Integrable to Current Income Tax Assessment if Unclaimed: ITAT Remands HUDCO Matter [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently remanded an Income Tax Appeal filed by Housing and Urban Development Corporation ( HUDCO ), while maintaining that prior period...
![Prior Period Expenses Integrable to Current Income Tax Assessment if Unclaimed: ITAT Remands HUDCO Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-HUDCO-Housing-and-Urban-Development-Corporation-Income-Tax-Appellate-Tribunal-Prior-Period-Expenses-Integrable-taxscan.jpg "Prior Period Expenses Integrable to Current Income Tax Assessment if Unclaimed: ITAT Remands HUDCO Matter [Read Order]")
₹2 Crore Expenditure on Bonds and Term Loans: ITAT grants Income Tax Deductions to HUDCO [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently upheld deductions of Rs.2 Crore made by the Housing and Urban Development Corporation (HUDCO), citing expenditure on bonds and...
Genuineness of Transactions and Investor Creditworthiness Proven: ITAT confirms deletion of Rs. 2.37 Crore Addition [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner Of Income Tax (Appeals) [CIT(A)]'s decision to delete an addition of Rs. 2,37,77,550 related to share capital,...
![Genuineness of Transactions and Investor Creditworthiness Proven: ITAT confirms deletion of Rs. 2.37 Crore Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Delhi-Genuineness-of-Transactions-Investor-Creditworthiness-Income-Tax-Appellate-Tribunal-taxscan.jpg "Genuineness of Transactions and Investor Creditworthiness Proven: ITAT confirms deletion of Rs. 2.37 Crore Addition [Read Order]")
Torn Papers alone not Sufficient to Prove same Represents Unreported Sales: ITAT Orders Re-adjudication [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) stated that torn papers alone were not sufficient to prove the same papers represents the unreported sales in the books of accounts. The...
![Torn Papers alone not Sufficient to Prove same Represents Unreported Sales: ITAT Orders Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Books-of-accounts-Adjudication-Order-TAXSCAN.jpg "Torn Papers alone not Sufficient to Prove same Represents Unreported Sales: ITAT Orders Re-adjudication [Read Order]")
![BOT projects are Intangible Assets: ITAT allows 25% Depreciation on Road Construction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/BOT-projects-Intangible-Assets-ITAT-Depreciation-Road-Construction-taxscan.jpg "BOT projects are Intangible Assets: ITAT allows 25% Depreciation on Road Construction [Read Order]")
Taxpayer Provides Adequate and Credible Evidence on Identity, Creditworthiness and Genuineness of Share Subscription Transactions:Â ITAT deletes addition u/s 68 [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the addition under Section 68 of Income Tax Act, 1961 after the taxpayer provided adequate and credible evidence on their...
![Taxpayer Provides Adequate and Credible Evidence on Identity, Creditworthiness and Genuineness of Share Subscription Transactions:Â ITAT deletes addition u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Delhi-Section-68-of-Income-Tax-Act-Income-Tax-Appellate-Tribunal-Tax-news-Taxscan.jpg "Taxpayer Provides Adequate and Credible Evidence on Identity, Creditworthiness and Genuineness of Share Subscription Transactions:Â ITAT deletes addition u/s 68 [Read Order]")