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
![Reassessment u/s 148 Without Approval from Competent Authority u/s 151 is Void ab Initio: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057405-itat-reassessment-income-tax-act-transaction-return-filed-calcutta-hc-appeal-taxscan.webp "Reassessment u/s 148 Without Approval from Competent Authority u/s 151 is Void ab Initio: ITAT [Read Order]")
Reassessment u/s 148 Without Approval from Competent Authority u/s 151 is Void ab Initio: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment orders for three consecutive years after finding that the ...
![Paper books Proving Genuineness of Unsecured Loan and Movt of Funds: ITAT grants one Last Opportunity to Contest [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057383-site-img31-1-1.webp "Paper books Proving Genuineness of Unsecured Loan and Movt of Funds: ITAT grants one Last Opportunity to Contest [Read Order]")
![AO Cannot Travel Beyond Limited Scrutiny Without Pr. CIT’s Consent: ITAT reiterates CBDT Instruction, Deletes Addition u/s 36(1)(iii) [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057401-scrutiny-cbdt.webp "AO Cannot Travel Beyond Limited Scrutiny Without Pr. CIT’s Consent: ITAT reiterates CBDT Instruction, Deletes Addition u/s 36(1)(iii) [Read Order]")
![Capital Creditors reflected in FY 2015-16 Mistakenly Shown as Trade Payables in FY 2016-17: ITAT upholds Deletion [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057368-capital-creditors.webp "Capital Creditors reflected in FY 2015-16 Mistakenly Shown as Trade Payables in FY 2016-17: ITAT upholds Deletion [Read Order]")
![Additions Without Concrete Evidence and Show Cause Notice Violates Natural Justice: ITAT deletes all Additions, Dismisses Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057352-madras-high-court-scn-show-cause-notice-taxscan-1.webp "Additions Without Concrete Evidence and Show Cause Notice Violates Natural Justice: ITAT deletes all Additions, Dismisses Revenue’s Appeal [Read Order]")
Invoking S. 263 on Interest on Loan Disallowance While such Loan Addition Pending Before CIT(A) Invalid: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that a Principal Commissioner of Income Tax ( PCIT ) cannot invoke revisionary jurisdiction under Section 263 to disallow...
![Invoking S. 263 on Interest on Loan Disallowance While such Loan Addition Pending Before CIT(A) Invalid: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2057065-itat-disallowance-loan-taxscan.webp "Invoking S. 263 on Interest on Loan Disallowance While such Loan Addition Pending Before CIT(A) Invalid: ITAT [Read Order]")
No Proof from Assessee, No Comparables from Income Tax Dept: ITAT cuts Ad Hoc Disallowance to 4% from 10%, Says Not to be treated as Precedent [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has scaled down an ad hoc disallowance made by the Assessing Officer ( AO ) on various business expenses, citing lack of proper...
![No Proof from Assessee, No Comparables from Income Tax Dept: ITAT cuts Ad Hoc Disallowance to 4% from 10%, Says Not to be treated as Precedent [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2057049-itat-disallowance.webp "No Proof from Assessee, No Comparables from Income Tax Dept: ITAT cuts Ad Hoc Disallowance to 4% from 10%, Says Not to be treated as Precedent [Read Order]")
ITAT Upholds ₹2.93 Cr Interest and ₹4.01 Cr Management Expenses Deduction Citing Business Purpose u/s 36(1)(iii) and 37(1) [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals) [ CIT(A) ] order that allowed deductions of Rs. 2.93 crore in interest expenses and Rs. ...
![ITAT Upholds ₹2.93 Cr Interest and ₹4.01 Cr Management Expenses Deduction Citing Business Purpose u/s 36(1)(iii) and 37(1) [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2056951-business-purpose-itat-taxscan.webp "ITAT Upholds ₹2.93 Cr Interest and ₹4.01 Cr Management Expenses Deduction Citing Business Purpose u/s 36(1)(iii) and 37(1) [Read Order]")
Loss on Abandoned Real Estate Project Allowable as Revenue Deduction: ITAT Overturns ₹64.72 Cr Disallowance [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the loss of Rs. 64,72,52,645/- on abandoned Amritsar real estate project is an allowable revenue deduction under the Income...
![Loss on Abandoned Real Estate Project Allowable as Revenue Deduction: ITAT Overturns ₹64.72 Cr Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2056923-real-estate-project-taxscan.webp "Loss on Abandoned Real Estate Project Allowable as Revenue Deduction: ITAT Overturns ₹64.72 Cr Disallowance [Read Order]")
Bank Passbook Not Regarded as 'Books of Account’: ITAT Rejects S. 68 Addition Made Without Assessee's Books [Read Order]
The Income Tax Appellate Tribunal, Delhi Bench held that a bank passbook cannot be treated as ‘books of account’ for the purpose of invoking Section 68 of theIncome Tax Act, 1961. The assessee,...
![Bank Passbook Not Regarded as Books of Account’: ITAT Rejects S. 68 Addition Made Without Assessees Books [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2056736-bank-passbook-itat-taxscan.webp "Bank Passbook Not Regarded as Books of Account’: ITAT Rejects S. 68 Addition Made Without Assessees Books [Read Order]")
No Error in AO’s Order, Interest Deduction u/s 24(b) on Property Loan Valid: ITAT overturns PCIT’s Order [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the revisionary order passed by the Principal Commissioner of Income Tax (PCIT) under Section 263 of the Income Tax Act,...
![No Error in AO’s Order, Interest Deduction u/s 24(b) on Property Loan Valid: ITAT overturns PCIT’s Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055200-no-error-in-aos-order-aos-order-interest-deduction-deduction-property-loan-taxscan.webp "No Error in AO’s Order, Interest Deduction u/s 24(b) on Property Loan Valid: ITAT overturns PCIT’s Order [Read Order]")
ITAT Quashes Cancellation of Trust Registration Over Jurisdictional and Procedural Lapses, Rules Specified Violation Clause u/s 12AB(4) Not Applicable Retrospectively [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the cancellation of registration under Section 12AB of the Income Tax Act, 1961 and ruled that the Principal Commissioner of...
![ITAT Quashes Cancellation of Trust Registration Over Jurisdictional and Procedural Lapses, Rules Specified Violation Clause u/s 12AB(4) Not Applicable Retrospectively [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055198-aa-2.webp "ITAT Quashes Cancellation of Trust Registration Over Jurisdictional and Procedural Lapses, Rules Specified Violation Clause u/s 12AB(4) Not Applicable Retrospectively [Read Order]")