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

Relief to Saint- Gobain India Pvt. Ltd: ITAT rules Excise Refund and Interest subsidy Received in pursuance to Incentive Announces and sanctioned are Capital Receipt [Read Order]

Aiswarya Krishnadas

In a significant ruling, the Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has granted relief to Saint-Gobain India Pvt. Ltd., ruling...

Sales of Jewellery could not be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT...

Satisfaction Note not provided: ITAT rejects Assessment Order due to Oversight and Typographical...

Delay in Filing form 10 A: ITAT Rejects Registration of Trust u/s 12A of Income Tax Act [Read Order]

Non filing of TDS u/s 234 E of Income Tax Act for 8 years: ITAT dismisses Appeal [Read Order]

Taxable Contract Income is higher than fixed price contract value u/S 97 of Income Tax Act: ITAT deletes Income Tax Addition [Read Order]

The Chennai bench of the the Income Tax Appellate Tribunal ( ITAT ) decided to delete the income tax addition, as it found that the taxable contract income exceeded the fixed price contract value...

Cost of Improvement not to be attributed to joint owners: ITAT upholds revision proceedings [Read Order]

The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has upholds revision proceedings, affirming that the cost of improvement should not to be attributed to joint owners. The assessee,...

Addition of unexplained Investment in stock valuation difference: ITAT deletes addition [Read Order]

The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the addition of unexplained investments based on the stock valuation difference. The assessee admitted the difference of...

Failure to file Form no. 10CCB along with Return of Income: ITAT upholds disallowance of deduction u/s 80IC [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Chennai while upheld the disallowance of deduction claimed under Section 80IC of the Income Tax Act, 1961 held that the assessee failed to file Form...

Section 56(2)(vii)(b)(ii) Income tax Act will not be apply when property purchased for Business use of Partnership firm: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Chennai Bench held that Section 56(2)(vii)(b)(ii) Income Tax Act , 1961 would not be applied when property purchased for business use of partnership firm. ...

No addition based on outcome of Confirmatory Letters when assessee proved genuineness of business transactions: ITAT [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Chennai bench held that no addition should be made on the basis of outcome of confirmatory letters when assessee proved genuineness of business...

No Bonafide Cause for Delay of 1040 days in filing appeal: ITAT dismisses Income Tax Appeal [Read Order]

The Chennai bench of The Income Tax Appellate Tribunal (ITAT) dismissed the income tax appeal, citing no bonafide cause for the 1040-day delay in filing. The Counsel for the assesse T. Vasudevan,...

Prev Page Next Page