ITAT Chennai
Explore the latest ITAT Chennai judgments, orders, and appellate decisions on direct tax matters from the Chennai bench of the Income Tax Appellate Tribunal
![Income Tax Annual Digest 2024: ITAT Cases [Part 11]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Rulings-in-2024-ITAT-Income-Tax-Income-Tax-News-Taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 11]")
Income Tax Annual Digest 2024: ITAT Cases [Part 11]
This annual round-up analytically summarizes all the Income Tax related Orders of the Income Tax Appellate Tribunal (ITAT) Benches of India reported...
![Income Tax Annual Digest 2024: ITAT Cases [Part 8]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Income-Tax-Income-Tax-News-Taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 8]")
![Disallowance Claim on Loans written Off to Titan International:Â ITAT remands matter for Consideration of additional Evidence brought by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Disallowance-Claim-Loans-Titan-International-ITAT-Consideration-of-additional-Evidence-brought-Assessee-taxscan.jpg "Disallowance Claim on Loans written Off to Titan International:Â ITAT remands matter for Consideration of additional Evidence brought by Assessee [Read Order]")
![Setback to Titan as ITAT confirms Legality of Reopening Assessment u/s 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chennai-Income-Tax-Income-Tax-Appellate-Tribunal-Reopening-Assessment-TAXSCAN.jpg "Setback to Titan as ITAT confirms Legality of Reopening Assessment u/s 147 [Read Order]")
![Contractor Ineligible for Deduction u/s 80IA(4) for Management of Solid Waste Management Systems: ITAT upholds CIT(A) Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-Chennai-solid-waste-management-TAXSCAN.jpg "Contractor Ineligible for Deduction u/s 80IA(4) for Management of Solid Waste Management Systems: ITAT upholds CIT(A) Order [Read Order]")
ITAT directs Deletion of Rs.54L Income Tax Penalty u/s 274 r/w 270A observing No Specific Mention of Clause Invoked u/s270A [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) while adjudicating an appeal regarding concealment of Long Term Capital Gains (LTCG), directed the deletion of Income Tax Penalty of...
![ITAT directs Deletion of Rs.54L Income Tax Penalty u/s 274 r/w 270A observing No Specific Mention of Clause Invoked u/s270A [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Chennai-income-tax-income-tax-news-Taxscan.jpg "ITAT directs Deletion of Rs.54L Income Tax Penalty u/s 274 r/w 270A observing No Specific Mention of Clause Invoked u/s270A [Read Order]")
Company cannot Reclassify Expenditure as Revenue if Initially Claimed as Capital in Books: Madras HC [Read Order]
In a recent ruling, the Madras High Court ruled that a company cannot reclassify an expenditure initially recorded as capital in its books of accounts and later claim it as revenue for tax benefits. ...
ITAT Reduces Penalty to Rs 10,000 for Non-Response to Notices, Citing Assessee's Depression and Business Loss [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) reduces the penalty levied upon the appellant by Commissioner of Income Tax (Appeals). Jayasakthi Knit Wear,appellant-assessee...
![ITAT Reduces Penalty to Rs 10,000 for Non-Response to Notices, Citing Assessees Depression and Business Loss [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Chennai-Income-Tax-Appellate-Tribunal-ITAT-Penaty-Reduction-case-taxscan.jpg "ITAT Reduces Penalty to Rs 10,000 for Non-Response to Notices, Citing Assessees Depression and Business Loss [Read Order]")
ITAT sets aside CIT(A) Order for Violating Natural Justice, Directs Fresh Adjudication u/s 250(6) [Read Order]
Chennai Bench of the Income Tax Appellate Tribunal (ITAT) set aside the order passed by the Commissioner of Income Tax (Appeals) for the assessment years 2018-19 to 2020-21, noting that the...
![ITAT sets aside CIT(A) Order for Violating Natural Justice, Directs Fresh Adjudication u/s 250(6) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Chennai-ITAT-Sets-Aside-CITA-Order-for-Violating-Violating-Natural-Justice-natural-justice-taxscan.jpg "ITAT sets aside CIT(A) Order for Violating Natural Justice, Directs Fresh Adjudication u/s 250(6) [Read Order]")
Belated Filing of Form 67 not a Ground to Deny Tax Credit: ITAT directs CIT(A) to allow FTC [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Chennai Bench, ruled that the belated filing of Form 67 cannot serve as a valid ground for denying Foreign Tax Credit (FTC) to a taxpayer. The order was...
![Belated Filing of Form 67 not a Ground to Deny Tax Credit: ITAT directs CIT(A) to allow FTC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Form-67.jpg "Belated Filing of Form 67 not a Ground to Deny Tax Credit: ITAT directs CIT(A) to allow FTC [Read Order]")
