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
![Cash Loan between Agriculturists will not attract S. 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Cash-Loan-Agriculturists-Income-Tax-Act-ITAT-Penalty-taxscan.jpeg "Cash Loan between Agriculturists will not attract S. 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]")
Cash Loan between Agriculturists will not attract S. 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the cash loan between agriculturalists will not attract the provisions of section...
![Rectification proceedings cannot be invoked by AO in case of Debatable Issues: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Rectification-proceedings-AO-Debatable-Issues-ITAT-taxscan.jpg "Rectification proceedings cannot be invoked by AO in case of Debatable Issues: ITAT [Read Order]")
![Setback to NDTV: ITAT dismisses Deduction Claim towards Business Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/NDTV-ITAT-Deduction-Business-Expenditure-taxscan.jpg "Setback to NDTV: ITAT dismisses Deduction Claim towards Business Expenditure [Read Order]")
![Original Cost and Period of Acquisition of Property by previous owner is relevant for Claim of Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/cost-acquisition-of-property-claim-capital-gain-ITAT-taxscan.jpeg "Original Cost and Period of Acquisition of Property by previous owner is relevant for Claim of Capital Gain: ITAT [Read Order]")
![CSR Expenses cannot be added to Book Profit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/CSR-Expenses-Book-Profit-ITAT-taxscan.jpeg "CSR Expenses cannot be added to Book Profit: ITAT [Read Order]")
Notice u/s 274 Fails to specify Concealment or Furnishing Inaccurate Particulars of Income: ITAT deletes Penalty imposed u/s 271(1)(c) [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench presided by Mr. N.K. Billaiya, Accountant Member, and Mr. N.K. Choudhry, Judicial Member has deleted the penalty imposed under section 271(1)(c)...
![Notice u/s 274 Fails to specify Concealment or Furnishing Inaccurate Particulars of Income: ITAT deletes Penalty imposed u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Notice-Concealment-Income-ITAT-Penalty-taxscan.jpg "Notice u/s 274 Fails to specify Concealment or Furnishing Inaccurate Particulars of Income: ITAT deletes Penalty imposed u/s 271(1)(c) [Read Order]")
Electricity has all necessary Trappings of 'Articles', addition liable to be deleted: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), New Delhi ruled that Electricity has all necessary trappings of “articles” hence addition liable to be deleted. The issue stands adjudicated by the order of...
![Electricity has all necessary Trappings of Articles, addition liable to be deleted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Electricity-articles-ITAT-taxscan.jpeg "Electricity has all necessary Trappings of Articles, addition liable to be deleted: ITAT [Read Order]")
Liabilities payable to Central or State Govt in any period prior to Acquisition will be Written Off in full in terms of Resolution Plan as approved by NCLT: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), New Delhi bench consisting of NK Billaiya, Accountant Member and Yogesh Kumar US, Judicial Member held that liabilities payable to Central or State Government in...
![Liabilities payable to Central or State Govt in any period prior to Acquisition will be Written Off in full in terms of Resolution Plan as approved by NCLT: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Liabilities-Central-State-Government-acquisition-resolution-plan-NCLT-ITAT-taxscan.jpg "Liabilities payable to Central or State Govt in any period prior to Acquisition will be Written Off in full in terms of Resolution Plan as approved by NCLT: ITAT [Read Order]")
Mere Non Production of Stock Register cannot be ground to reject declared Trading Results: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), New Delhi held that mere none production of stock register cannot be ground to reject declared trading results. The assessee company, Rakesh Global Steel Pvt...
![Mere Non Production of Stock Register cannot be ground to reject declared Trading Results: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/stock-register-ITAT-taxscan.jpeg "Mere Non Production of Stock Register cannot be ground to reject declared Trading Results: ITAT [Read Order]")
Relief to Deloitte: ITAT allows Deduction for Payment made to Retired Partner amount to diversion of Income at Source by Overriding Title [Read Order]
In a significant ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) granted relief by allowing the deduction from income claimed for the payment made to a retired partner as it...
![Relief to Deloitte: ITAT allows Deduction for Payment made to Retired Partner amount to diversion of Income at Source by Overriding Title [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Deloitte-ITAT-deduction-Payment-income-overriding-title-taxscan.jpeg "Relief to Deloitte: ITAT allows Deduction for Payment made to Retired Partner amount to diversion of Income at Source by Overriding Title [Read Order]")
Sale Tax Incentive Subsidy and Excise Duty Incentive are Capital Receipt, not chargeable to Tax: ITAT [Read Order]
The sale tax incentive subsidy and excise duty incentive are capital receipt and not chargeable to tax, was ruled by the Delhi bench of the Income Tax Appellate Tribunal (ITAT). The assessee,...
![Sale Tax Incentive Subsidy and Excise Duty Incentive are Capital Receipt, not chargeable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Sale-tax-incentive-subsidy-excise-duty-capital-receipt-ITAT-TAXSCAN.jpeg "Sale Tax Incentive Subsidy and Excise Duty Incentive are Capital Receipt, not chargeable to Tax: ITAT [Read Order]")
Allegation of Non-Payment of Outstanding Liability before due date of filing Income Tax Returns: ITAT allows outstanding Bonus claims u/s 43B [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi allowed outstanding bonus claims under Section 43B when there was an Allegation of non-payment of outstanding liability before the due date of filing...
![Allegation of Non-Payment of Outstanding Liability before due date of filing Income Tax Returns: ITAT allows outstanding Bonus claims u/s 43B [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/liability-income-returns-ITAT-bonus-claims-taxscan.jpeg "Allegation of Non-Payment of Outstanding Liability before due date of filing Income Tax Returns: ITAT allows outstanding Bonus claims u/s 43B [Read Order]")