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
Brought forward Unabsorbed Depreciation shall be treated as Depreciation of the Current Year u/s 32 of the Income Tax Act: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi bench has directed the Assessing Officer to treat brought forward unabsorbed depreciation as the...
![No TDS chargeable for Payment towards Lease Line Charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/TDS-Lease-Line-Charges-ITAT-Taxscan.jpg "No TDS chargeable for Payment towards Lease Line Charges: ITAT [Read Order]")
![Non-Application of mind by AO could not be a ‘Reason to Believe’ to justify Reopening of Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/AO-Reopening-of-Assessment-ITAT-Taxscan-2.jpg "Non-Application of mind by AO could not be a ‘Reason to Believe’ to justify Reopening of Assessment: ITAT [Read Order]")
![Lessee not eligible for Depreciation on Vehicles taken on Finance Lease: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Lessee-Vehicles-Finance-Lease-ITAT-Taxscan.jpeg "Lessee not eligible for Depreciation on Vehicles taken on Finance Lease: ITAT [Read Order]")
![Inter-Corporate Deposits are Advance / Loans, attracts Deemed Dividend Provisions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Deemed-Dividend-Provisions-Taxscan.jpg "Inter-Corporate Deposits are Advance / Loans, attracts Deemed Dividend Provisions: ITAT [Read Order]")
![2% TDS u/s 194C deductible on Advertisement Charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/TDS-advertisement-charges-ITAT-Taxscan.jpg "2% TDS u/s 194C deductible on Advertisement Charges: ITAT [Read Order]")
Mere preferring a claim unacceptable to the Revenue does not lead to Levy of Penalty: ITAT grants relief to HCL [Read Order]
In a relief to the HCL Technologies, the Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that mere preferring a claim unacceptable to the Revenue does not lead to levy of penalty. The...
![Mere preferring a claim unacceptable to the Revenue does not lead to Levy of Penalty: ITAT grants relief to HCL [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/ITAT-HCL-Taxscan.jpeg "Mere preferring a claim unacceptable to the Revenue does not lead to Levy of Penalty: ITAT grants relief to HCL [Read Order]")
Relief to Airport Authority of India: ITAT deletes Penalty imposed by Income Tax Department [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has recently granted a major relief to the Airports Authority of India where the Tribunal upheld an order of the Commissioner of Income Tax...
![Relief to Airport Authority of India: ITAT deletes Penalty imposed by Income Tax Department [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Airport-Authority-of-India-ITAT-penalty-Taxscan.jpg "Relief to Airport Authority of India: ITAT deletes Penalty imposed by Income Tax Department [Read Order]")
Relief to Good Year India: ITAT allows Deduction of Advertising Expenses though Brand is owned by Its Affiliates
In a major relief to Good Year India, the Income Tax Appellate Tribunal (ITAT), Delhi has allowed the Company’s plea to allow advertisement expenses incurred for the brand promotion. The assessee...
ITAT deletes Addition on PF, ESIC Contribution of Employees, deposited beyond due date but before filing Income Tax Return [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench deletes additions in respect of Provident Fund (PF) and Employees' State Insurance Corporation (ESIC) contributions of the employees, deposited...
![ITAT deletes Addition on PF, ESIC Contribution of Employees, deposited beyond due date but before filing Income Tax Return [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/ITAT-PF-ESIC-contribution-filing-ITR-Taxscan.jpg "ITAT deletes Addition on PF, ESIC Contribution of Employees, deposited beyond due date but before filing Income Tax Return [Read Order]")
No Deemed Dividend without doubting Purpose and Genuineness of Business Transaction: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) while deleting the addition ruled that the business transaction can not be treated as deemed dividend. The assessee, M/s Lakhmi Chand Tejoo...
![No Deemed Dividend without doubting Purpose and Genuineness of Business Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Business-Transaction-deemed-dividend-ITAT-Taxscan.jpg "No Deemed Dividend without doubting Purpose and Genuineness of Business Transaction: ITAT [Read Order]")
