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
![Quantification of Penalty is dependent upon Additions made to Income of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/penalty-income-assessee-ITAT-Taxscan.jpeg "Quantification of Penalty is dependent upon Additions made to Income of Assessee: ITAT [Read Order]")
Quantification of Penalty is dependent upon Additions made to Income of Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of Pradip Kumar Kedia, Accountant Member and Narender Kumar Choudhry, Judicial...
![Gift from Father: ITAT upholds Addition since Creditworthiness of Donor was not Proved [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Gift-Father-ITAT-Creditworthiness-Donor-Taxscan.jpeg "Gift from Father: ITAT upholds Addition since Creditworthiness of Donor was not Proved [Read Order]")
![Jurisdiction u/s 263 can invoke only when an erroneous decision made by AO sustains: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Jurisdiction-erroneous-decision-AO-ITAT-Taxscan.jpg "Jurisdiction u/s 263 can invoke only when an erroneous decision made by AO sustains: ITAT [Read Order]")
![Mere Technical Violation for which Assessee could not be Penalized by denying the Exemption: ITAT allows Exemption u/s 10(23B) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Technical-Violation-Assessee-Penalized-ITAT-Exemption-Taxscan.jpeg "Mere Technical Violation for which Assessee could not be Penalized by denying the Exemption: ITAT allows Exemption u/s 10(23B) [Read Order]")
![Leasehold Right in Land or Building or both is Transferred, Provisions of Section 50C cannot be Invoked: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Leasehold-Right-Land-Building-Section-50C-ITAT-Taxscan.jpg "Leasehold Right in Land or Building or both is Transferred, Provisions of Section 50C cannot be Invoked: ITAT [Read Order]")
![Income Tax: Currency Derivative can be treated as an Eligible Transaction u/s 43 (5), rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Currency-Derivative-eligible-transaction-ITAT-Taxscan.jpeg "Income Tax: Currency Derivative can be treated as an Eligible Transaction u/s 43 (5), rules ITAT [Read Order]")
ITAT confirms Order of AO where Assessee failed to produce Supporting Evidence on Claim of Unsecured Loans [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of Anil Chaturvedi, Accountant Member, and Kul Bharat, Judicial Member confirmed the order of AO where the assessee failed to produce...
![ITAT confirms Order of AO where Assessee failed to produce Supporting Evidence on Claim of Unsecured Loans [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/ITAT-order-AO-assessee-produce-supporting-evidence-claim-unsecured-loans-Taxscan.jpeg "ITAT confirms Order of AO where Assessee failed to produce Supporting Evidence on Claim of Unsecured Loans [Read Order]")
Section 68 has No Application if Share Capital/Premium/Application money was not Received in the Relevant FY: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal has held that Section 68 has no application if share capital/premium/application money was not received in the relevant Financial Year. A search...
![Section 68 has No Application if Share Capital/Premium/Application money was not Received in the Relevant FY: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Section-68-has-No-Application-Share-Capital-Premium-Application-money-Relevant-FY-ITAT-Taxscan.jpeg "Section 68 has No Application if Share Capital/Premium/Application money was not Received in the Relevant FY: ITAT [Read Order]")
![Reference to TPO is valid only for SDT exceeds threshold limit of 5 Crore u/s 92BA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Reference-TPO-SDT-threshold-limit-ITAT-Taxscan.jpeg "Reference to TPO is valid only for SDT exceeds threshold limit of 5 Crore u/s 92BA: ITAT [Read Order]")
![Income Tax Appeal maintainable even after Striking Off of Company from MCA Roll: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Appeal-Striking-Off-MCA-Roll-ITAT-Taxscan.jpeg "Income Tax Appeal maintainable even after Striking Off of Company from MCA Roll: ITAT [Read Order]")
RMP most adequate method where Taxpayer is involved in Resale and Purchase of Finished Goods: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of N.K. Billaiya, Accountant Member, and Yogesh Kumar U.S, Judicial Member held that RMP most adequate method where the taxpayer is...
![RMP most adequate method where Taxpayer is involved in Resale and Purchase of Finished Goods: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/RMP-adequate-method-tax-payer-resale-purchase-finished-goods-ITAT-Taxscan.jpeg "RMP most adequate method where Taxpayer is involved in Resale and Purchase of Finished Goods: ITAT [Read Order]")
Receipt of EY for Reimbursement of Costs of Centralized Services from Member Firms not 'Royalty': ITAT follows AAR Order [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT), while following an order of the Authority for Advance Rulings (AAR) held that the payments received by EY Global Services Limited towards...
![Receipt of EY for Reimbursement of Costs of Centralized Services from Member Firms not Royalty: ITAT follows AAR Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Receipt-EY-Global-Services-Limited-Reimbursement-Costs-Centralized-Services-Royalty-ITAT-AAR-Order-Taxscan.jpeg "Receipt of EY for Reimbursement of Costs of Centralized Services from Member Firms not Royalty: ITAT follows AAR Order [Read Order]")