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
![Chronic Disease Resulted in Ex parte Assessment and Ex parte Appellate Order: ITAT Directs Denovo Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Chronic-Disease-Resulted-in-Ex-parte-Assessment-and-Ex-parte-Appellate-Order-Chronic-Disease-Resulted-in-Ex-parte-Assessment-Ex-parte-Appellate-Order-TAT-Directs-Denovo-Adjudication-ITAT-taxscan-.jpg "Chronic Disease Resulted in Ex parte Assessment and Ex parte Appellate Order: ITAT Directs Denovo Adjudication [Read Order]")
Chronic Disease Resulted in Ex parte Assessment and Ex parte Appellate Order: ITAT Directs Denovo Adjudication [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has directed for denovo adjudication on finding that chronic disease of the assessee had...
![Technical Approval Granted u/s 153D of Act is not valid: ITATÂ quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Technical-approval-granted-Technical-approval-ITAT-quashes-Assessment-Order-ITAT-Assessment-Order-Assessment-Taxscan.jpg "Technical Approval Granted u/s 153D of Act is not valid: ITATÂ quashes Assessment Order [Read Order]")
![Assessment Order passed u/s 147 of Income Tax Act against Non-Existing Entity is Void Ab Initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Assessment-Order-Income-Tax-Act-Non-Existing-Entity-Void-Ab-Initio-ITAT.jpg "Assessment Order passed u/s 147 of Income Tax Act against Non-Existing Entity is Void Ab Initio: ITAT [Read Order]")
![Disallowance u/s 14A of the Income Tax Act cannot Exceed Exempt Income: ITATÂ [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Disallowance-Income-Tax-Act-Exceed-Exempt-Income-Exempt-Income-ITAT-Taxscan.jpg "Disallowance u/s 14A of the Income Tax Act cannot Exceed Exempt Income: ITATÂ [Read Order]")
![No Addition can made on Account of Income received from sale of Scrap/Waste: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Account-of-Income-received-Income-received-sale-of-Scrap-Sale-of-Waste-ITAT-taxscan.jpg "No Addition can made on Account of Income received from sale of Scrap/Waste: ITAT [Read Order]")
![Loss of Chit Fund Utilized for Business Purpose allowable as Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Loss-of-Chit-Fund-Chit-Fund-Utilized-for-Business-Purpose-Business-Loss-Chit-Fund-ITAT-taxscan-.jpg "Loss of Chit Fund Utilized for Business Purpose allowable as Business Loss: ITAT [Read Order]")
Deduction Allowable on written off Bad Debts since Unpaid Portion of Sale Amount and Bad Debts written off Claimed are Same: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has allowed deduction to bad debts written off since the unpaid portion of sale amount and bad debts written off claims were the same. the...
![Deduction Allowable on written off Bad Debts since Unpaid Portion of Sale Amount and Bad Debts written off Claimed are Same: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Deduction-Allowable-on-written-off-Bad-Debts-Unpaid-Portion-Unpaid-Portion-of-Sale-Amount-Sale-Amount-Bad-Debts-written-off-ITAT-Income-Tax-taxscan.jpg "Deduction Allowable on written off Bad Debts since Unpaid Portion of Sale Amount and Bad Debts written off Claimed are Same: ITAT [Read Order]")
Cost of New Property has to be Assessed as per Collaboration Agreement for Exemption u/s 54: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Delhi bench has held that the cost of new property has to be assessed as per collaboration agreement for exemption under section 54 of the Income Tax Act,...
![Cost of New Property has to be Assessed as per Collaboration Agreement for Exemption u/s 54: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Cost-of-New-Property-has-to-be-Assessed-Collaboration-Agreement-for-Exemption-Agreement-for-Exemption-New-Property-has-to-be-Assessed-New-Property-Agreement-Collaboration-itat-taxscan.jpg "Cost of New Property has to be Assessed as per Collaboration Agreement for Exemption u/s 54: ITAT [Read Order]")
Expenses incurred for Import of Rubber Process Oil eligible for Deduction u/s 37(1) Income Tax Act: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that expenses incurred for import of rubber process oil is eligible for deduction under Section 37(1) of the Income Tax...
![Expenses incurred for Import of Rubber Process Oil eligible for Deduction u/s 37(1) Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Expenses-incurred-for-Import-of-Rubber-Process-Oil-eligible-for-Deduction-Expenses-incurred-Expenses-Rubber-Process-Oil-Deduction-Income-Tax-Act-ITAT-Taxscan.jpg "Expenses incurred for Import of Rubber Process Oil eligible for Deduction u/s 37(1) Income Tax Act: ITAT [Read Order]")
Approval of Reassessment Order by JCIT without Recording Reasons: ITAT invalidates Income Tax Notice and Reassessment Proceedings [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) recently invalidated the Income Tax Notice under Section 148 and the reassessment proceedings due to non-compliance with Section 151 of...
![Approval of Reassessment Order by JCIT without Recording Reasons: ITAT invalidates Income Tax Notice and Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Approval-of-Reassessment-Order-Reassessment-Order-JCIT-ITAT-invalidates-Income-Tax-Notice-ITAT-Income-Tax-Notice-Income-Tax-Notice-Reassessment-Proceedings-Taxscan.jpg "Approval of Reassessment Order by JCIT without Recording Reasons: ITAT invalidates Income Tax Notice and Reassessment Proceedings [Read Order]")
![ITAT deletes Addition u/s 37(1) of written off Amount Treated as Business Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Business-Expenditure-Income-Tax-taxscan.jpg "ITAT deletes Addition u/s 37(1) of written off Amount Treated as Business Expenditure [Read Order]")
Determination of Fair Market Value of Unquoted Shares does not Prohibit Inclusion of Share Premium as part of Reserves and Surplus: ITAT deletes Addition
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition holding that the determination of fair market value of unquoted shares would not prohibit inclusion of share premium...
