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
![No disallowance on claim of prior Period Expenses on Customs Duty paid due to unable to Perform Export:ITAT [ Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/disallowance-claim-prior-Period-Expenses-Customs-Duty-Perform-Export-ITAT.jpg "No disallowance on claim of prior Period Expenses on Customs Duty paid due to unable to Perform Export:ITAT [ Read Order]")
No disallowance on claim of prior Period Expenses on Customs Duty paid due to unable to Perform Export:ITAT [ Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench ruled that no disallowance on claim of prior period expenses on customs duty paid ...
![ITAT Deletes Disallowance on Ocean Freight Charges Paid to Korean AE as Amount can be Taxable only in Contracting States [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/CESTAT-Demand-Service-Tax-on-Ocean-Freight-Charges-Demand-of-Service-Tax-Ocean-Freight-Charges-taxscan.jpg "ITAT Deletes Disallowance on Ocean Freight Charges Paid to Korean AE as Amount can be Taxable only in Contracting States [Read Order]")
![Non-Filling of Audit Report Within Due Date is Venial Technical Breach without Any Malafide Intention of Assessee: ITAT Deletes Penalty u/s 271B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/audit-report.jpg "Non-Filling of Audit Report Within Due Date is Venial Technical Breach without Any Malafide Intention of Assessee: ITAT Deletes Penalty u/s 271B of Income Tax Act [Read Order]")
![Payment Made to Dealers for Sale of Fertilizers are in Nature of Rebates, No TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Payment-made-to-dealers-Sale-of-Fertilizers-Rebates-TDS-ITAT-taxscan.jpg "Payment Made to Dealers for Sale of Fertilizers are in Nature of Rebates, No TDS: ITAT [Read Order]")
![Delay in Filing Audit Report due to Dispute Between Director of Company is Mere Technical Breach and not Malafide Intention: ITAT Deletes Penalty u/s 271 B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Delay-Filling-Audit-Report-Dispute-Director-of-company-Technical-breach-taxscan.jpg "Delay in Filing Audit Report due to Dispute Between Director of Company is Mere Technical Breach and not Malafide Intention: ITAT Deletes Penalty u/s 271 B of Income Tax Act [Read Order]")
AO has Power to Reopen Case if there is any 'Tangible Material ' Concluding Escape of Income from Assessment: ITAT [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) held that in the absence of any new tangible material, the case could not be reopened on mere change of opinion,the reassessment proceedings...
![AO has Power to Reopen Case if there is any Tangible Material Concluding Escape of Income from Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/AO-Power-Reopen-Tangible-Material-Escape-Income-Assessment-ITAT-taxscan.jpg "AO has Power to Reopen Case if there is any Tangible Material Concluding Escape of Income from Assessment: ITAT [Read Order]")
Turnover of a Company Alone Cannot be Considered as Source of Loan Advanced to Assessee, Secondary Onus Needs to be Proved: ITAT Deletes Income Tax Addition [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) held that the turnover alone could not be considered as source of loan as advanced to the assessee, thus directed the Assessing Officer (AO)...
![Turnover of a Company Alone Cannot be Considered as Source of Loan Advanced to Assessee, Secondary Onus Needs to be Proved: ITAT Deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Turnover-of-a-Company-Alone-Cannot-be-Considered-as-Source-of-Loan-Turnover-of-a-Company-Source-of-Loan-Advanced-to-Assessee-ITAT-Income-Tax-Addition-Taxscan.jpg "Turnover of a Company Alone Cannot be Considered as Source of Loan Advanced to Assessee, Secondary Onus Needs to be Proved: ITAT Deletes Income Tax Addition [Read Order]")
Due date for Payment of PF/ESI on Public Holiday shall not result in Disallowance: ITAT sets aside Order of CIT(A) [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that the due date for payment of Provident Fund (PF)/Employee State Insurance (ESI) on a public holiday shall not result in...
![Due date for Payment of PF/ESI on Public Holiday shall not result in Disallowance: ITAT sets aside Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Due-date-for-Payment-Payment-of-PF-ESI-Payment-PF-Public-Holiday-Payment-of-PF-ESI-on-Public-Holiday-disallowance-ITAT-taxscan.jpg "Due date for Payment of PF/ESI on Public Holiday shall not result in Disallowance: ITAT sets aside Order of CIT(A) [Read Order]")
Claim of Deduction u/s 54F Rejected by AO without Obtaining any Evidence for Proof of Construction done: ITAT Directs Re-adjudication [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the rejection of the claim of deduction under section 54F of the Income Tax Act,1961...
![Claim of Deduction u/s 54F Rejected by AO without Obtaining any Evidence for Proof of Construction done: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Claim-of-Deduction-Deduction-without-Obtaining-any-Evidence-for-Proof-of-Construction-done-Evidence-Proof-of-Construction-done-ITAT-Directs-Re-adjudication-ITAT-Re-adjudication-Taxscan.jpg "Claim of Deduction u/s 54F Rejected by AO without Obtaining any Evidence for Proof of Construction done: ITAT Directs Re-adjudication [Read Order]")
Payment made to a Non-resident doesn't amount to Deduction in Tax u/s 195 of Income Tax Act: ITAT dismisses Appeal [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that the payment made to the non-resident doesn’t amount to deduction in tax under Section 195 of the Income Tax Act, 1961. The...
![Payment made to a Non-resident doesnt amount to Deduction in Tax u/s 195 of Income Tax Act: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Payment-made-to-a-Non-resident-Payment-Deduction-Income-Tax-Act-Income-Tax-ITAT-dismisses-Appeal-taxscan.jpg "Payment made to a Non-resident doesnt amount to Deduction in Tax u/s 195 of Income Tax Act: ITAT dismisses Appeal [Read Order]")
ITAT deletes Additions made u/s 69A Income Tax Act towards Purchase of Windmill Based on Dumb Unsigned Documents [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted the addition made under section 69A of Income Tax Act 1961 towards the purchase of windmills based on dump unsigned...
![ITAT deletes Additions made u/s 69A Income Tax Act towards Purchase of Windmill Based on Dumb Unsigned Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-deletes-additions-Income-Tax-Act-Purchase-Windmill-dumb-unsigned-documents-income-tax-taxscan.jpg "ITAT deletes Additions made u/s 69A Income Tax Act towards Purchase of Windmill Based on Dumb Unsigned Documents [Read Order]")
Onus to Prove Non-Accrual of Capital Gain Lies on Assessee: ITAT Orders for Readjudication of Capital Gain Assessment [Read Order]
In a ruling by the Chennai Bench of the Income Tax Appellate Tribunal (ITAT), it was determined that the burden of proof lies with the assessee to demonstrate that the capital gains did not accrue to...
![Onus to Prove Non-Accrual of Capital Gain Lies on Assessee: ITAT Orders for Readjudication of Capital Gain Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Onus-Prove-Accrual-Capital-Gain-Assessee-ITAT-Order-income-tax-taxscan.jpg "Onus to Prove Non-Accrual of Capital Gain Lies on Assessee: ITAT Orders for Readjudication of Capital Gain Assessment [Read Order]")