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
![Profit earned by Housewife from share Transaction is Business Income, Not Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Housewife-TaxScan.jpg "Profit earned by Housewife from share Transaction is Business Income, Not Capital Gain: ITAT [Read Order]")
Profit earned by Housewife from share Transaction is Business Income, Not Capital Gain: ITAT [Read Order]
The Delhi Bench of the ITAT, on Thursday, ruled that the profit earned by a Housewife on the purchase and sale of shares would amount to business...
![Unabsorbed Depreciation can’t be adjusted while claiming S. 10A Benefit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Unabsorbed-Depreciation-Taxscan.jpg "Unabsorbed Depreciation can’t be adjusted while claiming S. 10A Benefit: ITAT [Read Order]")
![No Addition if Assessee able to Prove Genuineness of Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/ITAT-Taxscan-1.jpg "No Addition if Assessee able to Prove Genuineness of Transaction: ITAT [Read Order]")
![No Penalty when difference in Declared Income and Assessed Income is on the basis of Assumption and Estimation only: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty when difference in Declared Income and Assessed Income is on the basis of Assumption and Estimation only: ITAT [Read Order]")
![Addition cant be made for the Purpose of Disallowing/reducing Amount of Depreciation on assets purchased from AE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Addition cant be made for the Purpose of Disallowing/reducing Amount of Depreciation on assets purchased from AE: ITAT [Read Order]")
Promoting Universal Teaching of Shri Guru Granth Sahib and Other Religious 'Granths' among the General Public is Charitable Activity: ITAT [Read Order]
A division bench of ITAT Delhi, comprising Judicial Member H.S. Sidhu, and Accountant Member L.P. Sahu, while granting relief to Shabad Foundation, held that Activity of promoting the Universal...
![Promoting Universal Teaching of Shri Guru Granth Sahib and Other Religious Granths among the General Public is Charitable Activity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Guru-Granth-Taxscan.jpg "Promoting Universal Teaching of Shri Guru Granth Sahib and Other Religious Granths among the General Public is Charitable Activity: ITAT [Read Order]")
MoU found during Search can’t be treated as ‘belong to Assessee’ as it does not contain Signature of Assessee: ITAT [Read Order]
In the recent ruling, Arsh Home Private Ltd v. Deputy Commissioner of Income-tax (DCIT), the Delhi bench of Income Tax Appellate Tribunal (ITAT) held that Memorandum of Understanding found during the...
![MoU found during Search can’t be treated as ‘belong to Assessee’ as it does not contain Signature of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Search-Taxscan.jpg "MoU found during Search can’t be treated as ‘belong to Assessee’ as it does not contain Signature of Assessee: ITAT [Read Order]")
![A Family can possess up to 1450 gms Jewellery: ITAT follows CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Jewellery-CBDT-ITAT-Taxscan.jpg "A Family can possess up to 1450 gms Jewellery: ITAT follows CBDT Circular [Read Order]")
![Discount on Prepaid Products is ‘Commission’, TDS payable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "Discount on Prepaid Products is ‘Commission’, TDS payable: ITAT [Read Order]")
![Interest on Receivables comes within the ambit of ‘ International Transaction ’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/International-Transaction-Taxscan.jpg "Interest on Receivables comes within the ambit of ‘ International Transaction ’: ITAT [Read Order]")
Depreciation not allowable on Non-Compete Fee paid for Acquisition of Going Concern: ITAT [Read Order]
Delhi bench of the Income Tax Appellate Tribunal (ITAT) recently held that the non-compete fee paid for acquisition of going concern is not eligible for depreciation under section 32 of the Income Tax...
![Depreciation not allowable on Non-Compete Fee paid for Acquisition of Going Concern: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Non-Compete-Fee-Taxscan.jpg "Depreciation not allowable on Non-Compete Fee paid for Acquisition of Going Concern: ITAT [Read Order]")
Jewellery received by a Lady during the Span of 20 years of Marriage can’t be treated as Unexplained: ITAT [Read Order]
In a recent ruling in Suneela Soni vs Deputy Commissioner of Income Tax, Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that jewellery received by a lady during the span of 20 years...
![Jewellery received by a Lady during the Span of 20 years of Marriage can’t be treated as Unexplained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Jewellery-ITAT-Taxscan.jpg "Jewellery received by a Lady during the Span of 20 years of Marriage can’t be treated as Unexplained: ITAT [Read Order]")