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
![Appeal Prior to Declaration under DTVSVS Act, Shall Revive On Failure to Settle Tax Dues: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Appeal-Declaration-DTVSVS-Act-Tax-Dues-ITAT-taxscan.jpg "Appeal Prior to Declaration under DTVSVS Act, Shall Revive On Failure to Settle Tax Dues: ITAT [Read Order]")
Appeal Prior to Declaration under DTVSVS Act, Shall Revive On Failure to Settle Tax Dues: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench recently in an application filed before it held that the Appeal prior to...
![Revisional Jurisdiction cannot be Invoked to Redo Assessment Once Assessment Completed by Assessing Officer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Revisional-Jurisdiction-Assessment-Assessing-Officer-ITAT-taxscan.jpg "Revisional Jurisdiction cannot be Invoked to Redo Assessment Once Assessment Completed by Assessing Officer: ITAT [Read Order]")
![Additions Merely Based on Presumptions not Maintainable, When no Defects Found in the Books of Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Books-of-Accounts-ITAT-taxscan.jpeg "Additions Merely Based on Presumptions not Maintainable, When no Defects Found in the Books of Accounts: ITAT [Read Order]")
![No Evidence of Rental receipt from Property: ITAT sustain Addition on Cash Deposits into Bank Account [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Evidence-Rental-receipt-ITAT-Addition-Cash-Deposits-Bank-Account-taxscan.jpg "No Evidence of Rental receipt from Property: ITAT sustain Addition on Cash Deposits into Bank Account [Read Order]")
![Value of Goods Declared for Central Excise Purpose shall be Considered before Concluding upon under Invoicing of Products: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Goods-Products-ITAT-taxscan.jpg "Value of Goods Declared for Central Excise Purpose shall be Considered before Concluding upon under Invoicing of Products: ITAT [Read Order]")
No Documentary Evidence found in respect of On-Money Receipt: ITAT deletes Income Tax Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai deleted addition as no incriminating material found in respect of on-money receipt. A search under section 132 of the Income Tax Act, 1961 was...
![No Documentary Evidence found in respect of On-Money Receipt: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Documentary-Evidence-On-Money-Receipt-ITAT-Income-Tax-Addition-taxscan.jpeg "No Documentary Evidence found in respect of On-Money Receipt: ITAT deletes Income Tax Addition [Read Order]")
Maintenance Charges derived from Letting out Services taxable under the head ‘Income from Other Sources’: ITAT [Read Order]
Maintenance charges derived from letting out services taxable under the head “income from other sources”, the Chennai Bench of the Income Tax Appellate Tribunal (ITAT) held as above. Shri R....
![Maintenance Charges derived from Letting out Services taxable under the head ‘Income from Other Sources’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Maintenance-Charges-Services-taxable-Income-ITAT-taxscan.jpg "Maintenance Charges derived from Letting out Services taxable under the head ‘Income from Other Sources’: ITAT [Read Order]")
![Capital Gain Exemption u/s 54 Allowable to More than One Residential Houses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Capital-Gain-Exemption-Residential-Houses-ITAT-taxscan.jpg "Capital Gain Exemption u/s 54 Allowable to More than One Residential Houses: ITAT [Read Order]")
Proof of Source of Money and Identity of Creditors by Assessee: ITAT upholds deletion of Income Tax Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai upheld the deletion of addition on proof of source of money and identity of creditors by assessee. The assessee, M/s. Sporting Pastime India Ltd...
![Proof of Source of Money and Identity of Creditors by Assessee: ITAT upholds deletion of Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Source-of-Money-Creditors-ITAT-Income-Tax-Addition-taxscan.jpg "Proof of Source of Money and Identity of Creditors by Assessee: ITAT upholds deletion of Income Tax Addition [Read Order]")
![Retention Money to be offered to Tax in the Year of Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Retention-Money-Tax-ITAT-taxscan.jpeg "Retention Money to be offered to Tax in the Year of Receipt: ITAT [Read Order]")
![Gratuity Entitled for Income Tax Deduction u/s 36 (1)(va): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Gratuity-Income-Tax-Deduction-ITAT-taxscan.jpeg "Gratuity Entitled for Income Tax Deduction u/s 36 (1)(va): ITAT [Read Order]")
![ITAT deletes Income Tax Addition made solely on Third-party Information [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Income-Tax-Addition-taxscan.jpg "ITAT deletes Income Tax Addition made solely on Third-party Information [Read Order]")