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
![Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Delay-of-726-Days-ITAT-Appeal-taxscan.jpg "Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]")
Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed appeal citing a lack of proper explanation for the 726-day delay. The...
![ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Deduction-to-Union-Bank-of-India-u-s-80P-2ai-for-Dividends-Co-operative-Bank-Shares-TAXSCAN.jpg "ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]")
![Form No. 10AB Timeline Extension for S.12A Recognition is Deemed Extension for Approval Renewal u/s 80G (iii) First Provison of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Form-No.-10AB-Timeline-Extension-S.12A-Recognition-Deemed-Extension-Approval-Renewal-First-Provison-Income-Tax-ITAT-taxscan.jpg "Form No. 10AB Timeline Extension for S.12A Recognition is Deemed Extension for Approval Renewal u/s 80G (iii) First Provison of Income Tax Act: ITAT [Read Order]")
![Deduction u/s 80 IA of Income Tax Act not allowed to Enterprise carrying Civil Contract Work for Developer of Infrastructure facility: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Chennai-Income-Tax-Infrastructure-development-taxscan.jpg "Deduction u/s 80 IA of Income Tax Act not allowed to Enterprise carrying Civil Contract Work for Developer of Infrastructure facility: ITAT [Read Order]")
![Trust mistakenly applies for Registration u/s 12A (1)(ac)(ii) instead of 12A(1)(ac)(iii) of Income Tax Act: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Income-tax-news-Commissioner-of-Income-Tax-Trust-registration-Trust-taxation-Trust-taxing-mistake-taxscan.jpg "Trust mistakenly applies for Registration u/s 12A (1)(ac)(ii) instead of 12A(1)(ac)(iii) of Income Tax Act: ITAT directs Readjudication [Read Order]")
857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay in Appeal Filing [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) directed the Commissioner of Income Tax (Appeals) [(CIT(A)] to condone the 857-day delay in filing the appeal a the assessee has given...
![857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay in Appeal Filing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-Tax-Delay-in-appeal-filing-TAXSCAN.jpg "857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay in Appeal Filing [Read Order]")
Section 155(14) of Income Tax Act cannot limit TDS Credit if Income disclosed in ITR: ITAT allows Full Credit as per Form 26AS [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that the Section 155(14) of the Income Tax Act, 1961 cannot restrict the Tax Deduction at Source ( TDS ) credit if the income...
![Section 155(14) of Income Tax Act cannot limit TDS Credit if Income disclosed in ITR: ITAT allows Full Credit as per Form 26AS [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-tax-TDS-Tax-Deduction-at-Source-ITR-Form-26AS-taxscan.jpg "Section 155(14) of Income Tax Act cannot limit TDS Credit if Income disclosed in ITR: ITAT allows Full Credit as per Form 26AS [Read Order]")
Shareholding Prerequisite for Deemed Dividend status for making Addition u/s 2(22) (e) of Income Tax Act: ITAT deletes Addition [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has deleted an addition made under Section 2(22)(e) of the Income Tax Act, 1961 ruling that shareholding prerequisite is essential to...
![Shareholding Prerequisite for Deemed Dividend status for making Addition u/s 2(22) (e) of Income Tax Act: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-tax-Income-tax-news-Deemed-Dividend-TAXSCAN.jpg "Shareholding Prerequisite for Deemed Dividend status for making Addition u/s 2(22) (e) of Income Tax Act: ITAT deletes Addition [Read Order]")
ITAT directs AO to verify Fabricated Financial Statements with respect to Share Application Money in P/L Account [Read Order]
The Chennai bench Income Tax Appellate Tribunal ( ITAT ) recently directed the Assessing Officer ( AO )to verify the fabricated financial statements with respect to share application money in Profit...
![ITAT directs AO to verify Fabricated Financial Statements with respect to Share Application Money in P/L Account [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-Tax-Financial-Statements-TAXSCAN.jpg "ITAT directs AO to verify Fabricated Financial Statements with respect to Share Application Money in P/L Account [Read Order]")
![ITAT directs to compute Income earned from Sale of Property u/s 45(2) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-tax-Sale-of-Property-Property-sale-income-TAXSCAN.jpg "ITAT directs to compute Income earned from Sale of Property u/s 45(2) of Income Tax Act [Read Order]")
Dispute on Remittance of Employees Contribution towards Provident Fund and ESI: ITAT directs re-adjudication [Read Order]
The Chennai bench Income Tax Appellate Tribunal ( ITAT ) directs readjudication due to the dispute with respect to the remittance of employees contribution towards the provident fund and Employee...
![Dispute on Remittance of Employees Contribution towards Provident Fund and ESI: ITAT directs re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-tax-Provident-Fund-ESI-Employee-State-Insurance-taxscan.jpg "Dispute on Remittance of Employees Contribution towards Provident Fund and ESI: ITAT directs re-adjudication [Read Order]")