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
![Once Bogus Purchase is Sold then entire amount can’t be added as Unexplained Cash Credits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/bogus-purchase-Unexplained-cash-credits-ITAT-Taxscan.jpg "Once Bogus Purchase is Sold then entire amount can’t be added as Unexplained Cash Credits: ITAT [Read Order]")
Once Bogus Purchase is Sold then entire amount can’t be added as Unexplained Cash Credits: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that once a bogus purchase is sold than the entire amount cannot be added as Unexplained...
![Once Bogus Purchase is Sold, Section 68 cannot be invoked to Tax the entire Amount: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Bogus-Purchase-ITAT-Taxscan.jpg "Once Bogus Purchase is Sold, Section 68 cannot be invoked to Tax the entire Amount: ITAT [Read Order]")
![Setback to Sahara India Life Insurance: Interest on TDS not an allowable Expenditure under Income Tax, reiterates ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Sahara-India-Life-Insurance-TDS-Income-Tax-ITAT-Taxscan.jpeg "Setback to Sahara India Life Insurance: Interest on TDS not an allowable Expenditure under Income Tax, reiterates ITAT [Read Order]")
![Delhi Police Welfare And Recreational Club Fund eligible for registration under section 12A so as to avail Income Tax exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Delhi-Police-Welfare-And-Recreational-Club-Fund-Income-Tax-exemption-ITAT-Taxscan.jpg "Delhi Police Welfare And Recreational Club Fund eligible for registration under section 12A so as to avail Income Tax exemption: ITAT [Read Order]")
Assessee entitled to Depreciation on Exchange Fluctuation on Assets acquired in India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the assessee entitled to depreciation on exchange fluctuation in respect of assets acquired in India. The assessee, M/s Paramount...
Income from Letting out of Steel Units and Quarters along with Land constitutes House Property Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, while applying the rule of consistency, held that the income received by a Company through letting out of Steel Units and Quarters along with...
Inclusion of Foreign Salary while Taxing Rent Free Accommodation received by Expat Employee: ITAT directs CIT(A) to re-consider Matter
The Income Tax Appellate Tribunal (ITAT), Delhi bench has directed the Commissioner of Income Tax (Appeals) to re-consider a matter where the question of whether the salary received from a foreign...
Setback to DLF Universal: ITAT upholds Disallowance as AO not satisfied with Correctness of Claim [Read Order]
In a Setback to DLF Universal, the Income Tax Appellate Tribunal (ITAT), Delhi Bench upheld the disallowance as AO not satisfied with correctness of the claim. The assessee, DLF Universal Ltd. is...
![Setback to DLF Universal: ITAT upholds Disallowance as AO not satisfied with Correctness of Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/DLF-Universal-ITAT-disallowance-AO-Taxscan.jpg "Setback to DLF Universal: ITAT upholds Disallowance as AO not satisfied with Correctness of Claim [Read Order]")
Expenditure on Interest for delayed payment of Service Tax is eligible for allowance as Revenue Expenditure: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench ruled that Expenditure on interest for delayed payment of service tax is eligible for allowance as revenue expenditure. The assessee,...
![Expenditure on Interest for delayed payment of Service Tax is eligible for allowance as Revenue Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Expenditure-on-interest-delayed-payment-service-tax-revenue-expenditure-ITAT-Taxscan.jpg "Expenditure on Interest for delayed payment of Service Tax is eligible for allowance as Revenue Expenditure: ITAT [Read Order]")
Provision related to Revision of Orders Prejudicial to Revenue can’t be invoked for Computational Error: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the Provision related to Revision of orders prejudicial to revenue under Section 263 of the Income Tax Act, 1961 can not be invoked...
![Provision related to Revision of Orders Prejudicial to Revenue can’t be invoked for Computational Error: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Provision-Revision-of-orders-prejudicial-computational-error-ITAT-Taxscan.jpg "Provision related to Revision of Orders Prejudicial to Revenue can’t be invoked for Computational Error: ITAT [Read Order]")