ITAT Chennai Judgments, Orders & News | Income Tax Appellate Tribunal

Begin typing your search above and press return to search.

Home
»
ITAT Chennai

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

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]

Aiswarya Krishnadas

In a recent ruling the Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) observed that the deduction under Section 80 IA of the Income Tax...

Trust mistakenly applies for Registration u/s 12A (1)(ac)(ii) instead of 12A(1)(ac)(iii) of Income...

ITAT Weekly Round-Up

857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay...

Section 155(14) of Income Tax Act cannot limit TDS Credit if Income disclosed in ITR: ITAT allows...

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...

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 to compute Income earned from Sale of Property u/s 45(2) of Income Tax Act [Read Order]

The Chennai bench Income Tax Appellate Tribunal ( ITAT ) directed to compute income earned from sale of property under Section 45(2) of the Income Tax Act, 1961. The Assessee Dharani Developers...

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...

Burden Shifts on AO to prove that cause Lacks Bonafide when Taxpayer shows reasonable cause for accepting Cash Loan: ITAT

The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) held that the burden shifts on the Assessing Officer ( AO ) to prove that cause lacks bonafide when taxpayer shows reasonable cause for...

Successor Company can claim deduction u/s.80IA(4) of Income Tax Act as per recognition of Industrial Park Scheme: ITAT [Read Order]

The Chennai bench of Income Tax Appellate Tribunal ( ITAT ) recently held that Successor companies could claim deduction under Section 80IA(4) of Income Tax Act, 1961 as per the recognition...

Gross Turnover Does not Exceeds Rs. 250 Crores: ITAT allows Computed Tax Liability at 25% Concessional Rate [Read Order]

The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) recently ruled in favour of businesses with a gross turnover not exceeding Rs. 250 Crores, allowing them to avail a concessional tax...

Prev Page Next Page