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
![Order cant be passed when an Application for Delay Condonation is Pending before CBDT: ITAT set aside Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Delay-Condonation-CBDT-Order-Order-cant-be-passed-when-an-Application-for-Delay-Application-for-Delay-income-tax-taxscan.jpg "Order cant be passed when an Application for Delay Condonation is Pending before CBDT: ITAT set aside Order of CIT(A) [Read Order]")
Order can't be passed when an Application for Delay Condonation is Pending before CBDT: ITAT set aside Order of CIT(A) [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that an order cannot be passed when an application for delay condonation is...
![Mere Delay of Developer to Handover Possession of Flat would not Vitiate Claim of Assessee: ITAT Allows Capital Gain Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Delay-of-Developer-Possession-of-Flat-Flat-Claim-ITAT-Capital-Gain-Deduction-Capital-Gain-Deduction-ITAT-Allows-Capital-Gain-Deduction-taxscan.jpg "Mere Delay of Developer to Handover Possession of Flat would not Vitiate Claim of Assessee: ITAT Allows Capital Gain Deduction [Read Order]")
![ITAT upholds Penalty imposed for violating Provision of S.269SS of Income Tax Act due to accepting Loan from Company’s Managing Director [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Penalty-violating-Provision-Income-Tax-Act-Loan-from-Companys-Managing-Director-Loan-Companys-Managing-Director-taxscan.jpg "ITAT upholds Penalty imposed for violating Provision of S.269SS of Income Tax Act due to accepting Loan from Company’s Managing Director [Read Order]")
![Failure to Justify Service render to AE: ITAT Upholds Disallowance of Payment of Agency Commission [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Failure-Associated-Enterprise-ITAT-Uphold-disallowance-Payment-Agency-Commission-income-tax-income-tax-taxscan.jpg "Failure to Justify Service render to AE: ITAT Upholds Disallowance of Payment of Agency Commission [Read Order]")
![No disallowance on claim of Capital Loss computed after Transfer of Possession of Property: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-disallowance-on-claim-of-Capital-Loss-computed-after-Transfer-of-Possession-of-Property-disallowance-on-claim-of-Capital-Loss-disallowance-Capital-Loss-ITAT-deletes-Addition-ITAT-Taxscan.jpg "No disallowance on claim of Capital Loss computed after Transfer of Possession of Property: ITAT deletes Addition [Read Order]")
ITAT quashes Assessment Order passed during Covid-19 without Providing Proper Opportunity to Assesee [Read Order]
The Chennai bench of Income Tax Appellate Tribunal (ITAT) has quashed the assessment order passed during the Covid -19 period without providing proper opportunity to the assessee. The assessee...
![ITAT quashes Assessment Order passed during Covid-19 without Providing Proper Opportunity to Assesee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessment-Order-passed-during-Covid-19-Proper-Opportunity-to-Assesee-ITAT-quashes-Assessment-Order-Assessment-Order-ITAT-taxscan.jpg "ITAT quashes Assessment Order passed during Covid-19 without Providing Proper Opportunity to Assesee [Read Order]")
No Penalty shall be levied u/s 270A of Income Tax Act on Inadvertently Reported Annual Value of House Property by Accountant: ITAT [Read Order]
The Chennai bench of Income Tax Appellate Tribunal (ITAT) has recently held that no penalty should be levied under Section 270A of Income Tax Act 1961 on inadvertently reported annual value of...
![No Penalty shall be levied u/s 270A of Income Tax Act on Inadvertently Reported Annual Value of House Property by Accountant: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/levy-Income-Tax-Act-Inadvertently-Report-Annual-Value-House-Property-Accountant-ITAT-Inadvertently-Income-Tax-Act-taxscan.jpg "No Penalty shall be levied u/s 270A of Income Tax Act on Inadvertently Reported Annual Value of House Property by Accountant: ITAT [Read Order]")
Residuary Provisions under Income Tax Act not Applicable to Disallowances for Late Payment of EPF & ESI: ITAT [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) held that the residuary provisions which are present under the Income Tax Act are not applicable to disallowances for late payment of...
![Residuary Provisions under Income Tax Act not Applicable to Disallowances for Late Payment of EPF & ESI: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/residuary-provisions-income-tax-act-income-tax-income-tax-act-disallowance-late-payment-late-payment-of-EPF-ESI-ITAT-taxscan.jpg "Residuary Provisions under Income Tax Act not Applicable to Disallowances for Late Payment of EPF & ESI: ITAT [Read Order]")
Claim of Deduction u/s 40(a)(ia) of Income Tax Act rejected on ground of Non Deduction of TDS: ITAT Dismisses Appeal of Assessee [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT) dismissed the appeal filed by the assessee for rejecting the claim of deduction under section 40)a)(ia) of the Income Tax Act,1961 on...
![Claim of Deduction u/s 40(a)(ia) of Income Tax Act rejected on ground of Non Deduction of TDS: ITAT Dismisses Appeal of Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Claim-of-deduction-deduction-Claim-Income-Tax-Act-Non-Deduction-of-TDS-TDS-Deduction-of-TDS-ITAT-Dismisses-Appeal-of-Assessee-ITAT-Assessee-Appeal-of-Assessee-Income-Tax-taxscan.jpg "Claim of Deduction u/s 40(a)(ia) of Income Tax Act rejected on ground of Non Deduction of TDS: ITAT Dismisses Appeal of Assessee [Read Order]")
No penalty shall be imposed u/s 271B of Income Tax Act on reason of Return not Appearing E-Filing Portal: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has recently held that no penalty should be imposed under Section 271B of the Income Tax Act 1961 on the reason of the return not...
![No penalty shall be imposed u/s 271B of Income Tax Act on reason of Return not Appearing E-Filing Portal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-penalty-shall-be-imposed-Income-Tax-Act-reason-of-Return-not-Appearing-E-Filing-Portal-E-Filing-Portal-ITAT-Taxscan.jpg "No penalty shall be imposed u/s 271B of Income Tax Act on reason of Return not Appearing E-Filing Portal: ITAT [Read Order]")
Credit Entries Appearing in Current & Savings Accounts are Gross Receipts from Business Transactions, 8% Profit Rate Applicable: ITAT
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has recently held that credit entries appearing in current and saving accounts are gross receipts from business transactions hence 8%...
No failure on the part of the Assessee to Disclose Material Facts during Scrutiny u/s 143(3), IT Act: ITAT quashes Reopening of Assessment u/s 148 [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has recently while quashing the reopening assessment under Section 148 of the Income Tax Act, 1961 held that there is no failure on...
![No failure on the part of the Assessee to Disclose Material Facts during Scrutiny u/s 143(3), IT Act: ITAT quashes Reopening of Assessment u/s 148 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-failure-on-the-part-of-the-Assessee-to-Disclose-Material-Facts-during-Scrutiny-Assessee-Material-Facts-Scrutiny-IT-Act-ITAT-quashes-Reopening-of-Assessment-ITAT-Taxscan.jpg "No failure on the part of the Assessee to Disclose Material Facts during Scrutiny u/s 143(3), IT Act: ITAT quashes Reopening of Assessment u/s 148 [Read Order]")