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
![Disallowance u/s 56(2)(viib) Invalid Despite Evidence of Creditworthiness: ITAT upholds CIT(A) Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Disallowance-not-applicable-Payment-Account-Payee-Cheque-Account-Payee-DD-ITAT-TAXSCAN.jpg "Disallowance u/s 56(2)(viib) Invalid Despite Evidence of Creditworthiness: ITAT upholds CIT(A) Order [Read Order]")
Disallowance u/s 56(2)(viib) Invalid Despite Evidence of Creditworthiness: ITAT upholds CIT(A) Order [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) upheld the Commissioner of Incomme Tax(Appeals)[CIT(A)]'s order, stating that the disallowance...
![“Cash Deposits Only results in ‘Reason to Suspect’, Not ‘Reason to Believe’”: ITAT Quashes Reassessment Proceedings for 2 AYs [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/reassessment-proceedings.jpg "“Cash Deposits Only results in ‘Reason to Suspect’, Not ‘Reason to Believe’”: ITAT Quashes Reassessment Proceedings for 2 AYs [Read Order]")
![No Incriminating Evidence in Search Proceedings: ITAT Quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/No-Incriminating-Evidence-Incriminating-Evidence-Incriminating-Evidence-in-Search-Proceedings-taxscan.jpg "No Incriminating Evidence in Search Proceedings: ITAT Quashes Assessment Order [Read Order]")
![Major Relief to DLF as ITAT upholds Deletion of ₹6000+ Crore Addition, Dismisses Revenue’s Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/dlf.jpg "Major Relief to DLF as ITAT upholds Deletion of ₹6000+ Crore Addition, Dismisses Revenue’s Appeal [Read Order]")
![Mechanical and Generic Approval Under Section 153D Renders Entire Assessment Void: ITAT Cancels Penalties [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Mechanical-and-Generic-Approval-Mechanical-Entire-Assessment-Void-ITAT-taxscan.jpg "Mechanical and Generic Approval Under Section 153D Renders Entire Assessment Void: ITAT Cancels Penalties [Read Order]")
Change in Accounting Method Mandated under Ind AS Notified by MCA not Amounts to Inconsistency: ITAT on DLF’s Case [Read Order]
In a recent ruling of the Delhi income tax appellate tribunal ( ITAT ) bench, it was ruled that the change in the accounting method which was mandated under Ind AS as notified by the Ministry of...
![Change in Accounting Method Mandated under Ind AS Notified by MCA not Amounts to Inconsistency: ITAT on DLF’s Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/DLF-Mandated-under-Ind-AS-MCA-taxscan.jpg "Change in Accounting Method Mandated under Ind AS Notified by MCA not Amounts to Inconsistency: ITAT on DLF’s Case [Read Order]")
ITAT Cuts Estimated 20% Profit Rate to 12.5% in Bogus Purchase Case Calling It Excessive, remanded for Recomputation [Read Order]
In a recent decision, the Income Tax Appellate Tribunal (ITAT) Delhi Bench, held that the estimated profit rate of 20% applied on account of unsubstantiated purchases was excessive. The tribunal...
![ITAT Cuts Estimated 20% Profit Rate to 12.5% in Bogus Purchase Case Calling It Excessive, remanded for Recomputation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Ahmedabad-income-tax-Bogus-Purchases-Citing-Genuine-Sales-Taxscan.jpg "ITAT Cuts Estimated 20% Profit Rate to 12.5% in Bogus Purchase Case Calling It Excessive, remanded for Recomputation [Read Order]")
ITAT Orders AO to Grant Relief After Exemption Approval u/s 10(23C)(iiiad) Despite Lack of 12A Registration [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) directed the Assessing Officer(AO) to grant relief after exemption under Section 10(23C)(iiiad) of Income Tax Act,1961, was approved, holding...
![ITAT Orders AO to Grant Relief After Exemption Approval u/s 10(23C)(iiiad) Despite Lack of 12A Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ruling-Income-Tax-appeal-CPC-mistake-taxscan-.jpg "ITAT Orders AO to Grant Relief After Exemption Approval u/s 10(23C)(iiiad) Despite Lack of 12A Registration [Read Order]")
FTS Classification in Management and Administrative Services: ITAT deletes ALP Adjustment Due to Lack of Technology Transfer [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the Arm's Length Price ( ALP ) adjustment made in respect of payments for AP management and administrative services, holding that the...
![FTS Classification in Management and Administrative Services: ITAT deletes ALP Adjustment Due to Lack of Technology Transfer [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-FTS-classification-India-Transfer-pricing-litigation-taxscan.jpg "FTS Classification in Management and Administrative Services: ITAT deletes ALP Adjustment Due to Lack of Technology Transfer [Read Order]")
Validity of Share Premium Valuation u/s 56(2)(viib): ITAT Deletes AO's Addition, Accepts DCF Method [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) deleted the addition made by the Assessing Officer (AO) under Section 56(2)(viib) of Income Tax Act,1961 regarding the share premium valuation,...
![Validity of Share Premium Valuation u/s 56(2)(viib): ITAT Deletes AOs Addition, Accepts DCF Method [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Income-Addition-Income-Tax-taxscan.jpg "Validity of Share Premium Valuation u/s 56(2)(viib): ITAT Deletes AOs Addition, Accepts DCF Method [Read Order]")
Rs.14.93 Crores Addition u/s 68 for Share Capital Premium: ITAT Deletes AO's Addition, Upholds Genuineness of Funds [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) deleted the AO's addition of Rs. 14.93 crores under Section 68 of Income Tax Act,1961,for share capital premium, ruling that the funds came from...
![Rs.14.93 Crores Addition u/s 68 for Share Capital Premium: ITAT Deletes AOs Addition, Upholds Genuineness of Funds [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Bombay-HC-Interest-Expenditure-Interest-Free-Surplus-Fund-Investment-TAXSCAN.jpg "Rs.14.93 Crores Addition u/s 68 for Share Capital Premium: ITAT Deletes AOs Addition, Upholds Genuineness of Funds [Read Order]")
![Mere Confession Of Assessee Not Enough for Conviction Without Credible Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Income-tax-Income-tax-news-Tax-news-Corroborative-Evidence-taxscan.jpg "Mere Confession Of Assessee Not Enough for Conviction Without Credible Evidence: ITAT [Read Order]")