ITAT Delhi
Explore the latest ITAT Delhi judgments, orders, and appellate decisions on direct tax matters from the Delhi bench of the Income Tax Appellate Tribunal
![Section 44BB of the Income Tax Act cannot be applied in the absence of PE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Act-Income-Tax-absence-of-PE-PE-ITAT-Taxscan.jpg "Section 44BB of the Income Tax Act cannot be applied in the absence of PE: ITAT [Read Order]")
Section 44BB of the Income Tax Act cannot be applied in the absence of PE: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that Section 44BB of the Income Tax Act could not be applied in the absence of a...
![ITAT Deletes Addition for Cash Deposit on Account of Past Savings and Agricultural Operations [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Deletes-Addition-for-Cash-Deposit-on-Account-of-Past-Savings-and-Agricultural-Operations-TAXSCAN.jpg "ITAT Deletes Addition for Cash Deposit on Account of Past Savings and Agricultural Operations [Read Order]")
![No Addition can be made by Way of Disallowance of Capital Loss on Account of no Change in Real Ownership of Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-Addition-No-Addition-can-be-made-Disallowance-of-Capital-Loss-on-Account-Account-Disallowance-Capital-Loss-Way-of-Disallowance-Real-Ownership-of-Company-Ownership-of-Company-taxscan.jpg "No Addition can be made by Way of Disallowance of Capital Loss on Account of no Change in Real Ownership of Company: ITAT [Read Order]")
![ITAT Deletes Addition to Income of Elderly Agriculturist Based on Adequate Justification and Proper Account Maintenance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Deletes-Addition-to-Income-of-Elderly-Agriculturist-Based-on-Adequate-Justification-and-Proper-Account-Maintenance-TAXSCAN.jpg "ITAT Deletes Addition to Income of Elderly Agriculturist Based on Adequate Justification and Proper Account Maintenance [Read Order]")
![Mere Transaction through DMAT Account or Sale of the Shares on Stock Exchange Cannot Rebut S.68: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Mere-transaction-DMAT-account-or-sale-of-the-shares-on-stock-exchange-TAXSCAN-1.jpg "Mere Transaction through DMAT Account or Sale of the Shares on Stock Exchange Cannot Rebut S.68: ITAT [Read Order]")
![HUF Eligible for Capital Gain Exemption u/s 54B From 01/04/2013: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/HUF-Eligible-for-Capital-Gain-Exemption-HUF-Capital-Gain-Exemption-Capital-Gain-ITAT-Taxscan.jpg "HUF Eligible for Capital Gain Exemption u/s 54B From 01/04/2013: ITAT [Read Order]")
Moratorium Declared by NCLT in View of Insolvency & Bankruptcy Code has Overriding Effect on Tribunal: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the moratorium declared by National Company Law Tribunal, (NCLT) has an overriding effect on the tribunal in view of insolvency...
![Moratorium Declared by NCLT in View of Insolvency & Bankruptcy Code has Overriding Effect on Tribunal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Moratorium-Declared-by-NCLT-Insolvency-Bankruptcy-Code-Tribunal-ITAT-TAXSCAN.jpg "Moratorium Declared by NCLT in View of Insolvency & Bankruptcy Code has Overriding Effect on Tribunal: ITAT [Read Order]")
No Addition u/s 69A of Income Tax Act when Source of Income duly explained during Assessment: ITAT quashes Order [Read Order]
The New Delhi bench of Income Tax Appellate Tribunal (ITAT) held that no addition can be made under Section 69A of Income Tax Act, 1961 when the source of cash deposit was duly explained during the...
![No Addition u/s 69A of Income Tax Act when Source of Income duly explained during Assessment: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Act-Source-of-Income-duly-explained-during-Assessment-Income-Tax-ITAT-quashes-Order-taxscan.jpg "No Addition u/s 69A of Income Tax Act when Source of Income duly explained during Assessment: ITAT quashes Order [Read Order]")
Rejection of Depreciation Claim on fixed Assets u/s 32 of IT Act Due to Improper Filing of Depreciation Report: ITAT directs Re-adjudication [Read Order]
The New Delhi bench of Income Tax Appellate Tribunal (ITAT) directed re-adjudication to assessing officer for the rejection of claim of depreciation on fixed assets under Section 32 of Income Tax...
![Rejection of Depreciation Claim on fixed Assets u/s 32 of IT Act Due to Improper Filing of Depreciation Report: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Rejection-of-depreciation-Claim-on-fixed-assets-IT-Act-improper-filing-of-depreciation-report-ITAT-directs-re-adjudication-depreciation-Claim-on-fixed-assets-Rejection-of-depreciation-Claim-taxscan.jpg "Rejection of Depreciation Claim on fixed Assets u/s 32 of IT Act Due to Improper Filing of Depreciation Report: ITAT directs Re-adjudication [Read Order]")
Penalty Not Imposable for Non-Submission of Audit Report due to Reasonable Cause u/s 273B of IT Act: ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal(ITAT) held that no penalty shall be imposed for non-submission of audit reports due to reasonable cause under section 273B of the Income Tax...
![Penalty Not Imposable for Non-Submission of Audit Report due to Reasonable Cause u/s 273B of IT Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-Not-Imposable-for-Non-Submission-of-Audit-Report-due-to-Reasonable-Cause-IT-Act-ITAT-TAXSCAN.jpg "Penalty Not Imposable for Non-Submission of Audit Report due to Reasonable Cause u/s 273B of IT Act: ITAT [Read Order]")
ITAT Quashes Reassessment based on Vague Information received from Investigation Wing regarding Transactions in National Multi Commodity Exchange
The Delhi bench of Income Tax Appellate Tribunal (ITAT) has recently quashed reassessment based on vague information received from the investigation wing regarding transactions in National Multi...
![ITAT Disallows 25% of Alleged Bogus Purchase on Account of Inflation of Purchase Price [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Disallows-25-of-Alleged-Bogus-Purchase-Bogus-Purchase-Account-of-Inflation-of-Purchase-Price-Purchase-Price-ITAT-Taxscan.jpg "ITAT Disallows 25% of Alleged Bogus Purchase on Account of Inflation of Purchase Price [Read Order]")