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
![Indexation Benefit Allowable Based on Cost of Acquisition of Property Sold by Taxpayer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Appellate-Tribunal-ITAT-Taxpayer-indexation-acquisition-of-property-long-term-capital-loss-taxscan.jpg "Indexation Benefit Allowable Based on Cost of Acquisition of Property Sold by Taxpayer: ITAT [Read Order]")
Indexation Benefit Allowable Based on Cost of Acquisition of Property Sold by Taxpayer: ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) held that the indexation benefit is allowable based on the cost of acquisition of...
![No Wrong in Jewellery kept in Maternal Family by Married Daughter: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Income-Tax-Addition-ITAT-Delhi-Income-Tax-Jewellery-Income-Tax-Jewellery-in-Maternal-Family-Taxscan.jpg "No Wrong in Jewellery kept in Maternal Family by Married Daughter: ITAT deletes Addition [Read Order]")
![ITAT deletes Income Tax Addition made on Cash Deposits during Demonetization Period [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Income-tax-Income-tax-addition-ITAT-Delhi-ITAT-Deletes-Income-Tax-Addition-Income-Tax-Appellate-Tribunal-taxscan.jpg "ITAT deletes Income Tax Addition made on Cash Deposits during Demonetization Period [Read Order]")
![Charging Capital Gains Tax twice on Same Land from Sale Deed Execution is Impermissible: ITAT quashes Reassessment u/s 148 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Capital-Gains-Tax-income-tax-Reassessment-Section-148-Income-Tax-Act-Income-tax-act-ITAT-Delhi-TAXSCAN.jpg "Charging Capital Gains Tax twice on Same Land from Sale Deed Execution is Impermissible: ITAT quashes Reassessment u/s 148 [Read Order]")
Issuance of Notice in name of Non-existing entity is Non-curable defect u/s 292B of Income Tax Act: ITAT quashes Reassessment u/s 148 [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) quashed the reassessment, stating that the issuance of a notice in the name of a non-existing entity is a non-curable defect under Section...
![Issuance of Notice in name of Non-existing entity is Non-curable defect u/s 292B of Income Tax Act: ITAT quashes Reassessment u/s 148 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/income-tax-act-ITAT-issuance-of-notice-ITAT-delhi-income-tax-appellant-tribunal-under-Section-292B-of-the-Income-Tax-Act-taxscan.jpg "Issuance of Notice in name of Non-existing entity is Non-curable defect u/s 292B of Income Tax Act: ITAT quashes Reassessment u/s 148 [Read Order]")
Taxpayer provides Full Details pertaining to LTCG as Exempt u/s 10(38) of Income Tax Act: ITAT quashes Reopening Assessment [Read Order]
The two member bench of the Income Tax Appellate Tribunal( ITAT ) comprising G.S Pannu ( Vice President) and Anubhav Sharma ( Judicial member) Delhi, quashed the reopening assessment after the...
![Taxpayer provides Full Details pertaining to LTCG as Exempt u/s 10(38) of Income Tax Act: ITAT quashes Reopening Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-ITAT-Delhi-Long-Term-Capital-Gain-Income-Tax-ReAssessment-Reopening-Assessment-Capital-Gains-Taxscan.jpg "Taxpayer provides Full Details pertaining to LTCG as Exempt u/s 10(38) of Income Tax Act: ITAT quashes Reopening Assessment [Read Order]")
Section 56 (2)(vii) not Applicable to Non-Resident: ITAT deletes Income Tax Addition of Rs. 9.31 Cr [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of Rs. 9.31 crore citing the non-applicability of Section 56(2)(vii) to non-residents. The assessee is a private...
![Section 56 (2)(vii) not Applicable to Non-Resident: ITAT deletes Income Tax Addition of Rs. 9.31 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-ITAT-ITAT-delhi-Section-56-2vii-Income-Tax-Appellate-Tribunal-non-applicability-Income-Tax-Addition-taxscan.jpg "Section 56 (2)(vii) not Applicable to Non-Resident: ITAT deletes Income Tax Addition of Rs. 9.31 Cr [Read Order]")
Taxpayer Avails Assessment u/s 44 AD without maintaining Regular Day Books of Account: ITAT dismisses appeal [Read Order]
The two member bench of the Income Tax Appellate Tribunal ( ITAT ) Delhi, dismissed the taxpayer's appeal after they claimed assessment under section 44AD without maintaining day-to-day regular books...
![Taxpayer Avails Assessment u/s 44 AD without maintaining Regular Day Books of Account: ITAT dismisses appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Day-to-day-regular-books-of-account-Taxpayer-Appeal-Regular-books-of-account-taxscan.jpg "Taxpayer Avails Assessment u/s 44 AD without maintaining Regular Day Books of Account: ITAT dismisses appeal [Read Order]")
![Non-Deduction of TDS u/s 40(a)(ia) of Income Tax Act: ITAT confirms Addition of Rs 10.8 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-TDS-Non-Deduction-of-TDS-Income-Tax-Appellate-Tribunal-Tax-Deducted-at-Source-TDS-Non-Deduction-taxscan.png "Non-Deduction of TDS u/s 40(a)(ia) of Income Tax Act: ITAT confirms Addition of Rs 10.8 Lakhs [Read Order]")
ITAT allows Income Tax Sec.80P Deduction to Co-operative Society on Interest Earned from Co-operative Bank [Read Order]
In a matter related to Income Tax deduction, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the deduction under Section 80P(2)(d) of the Income Tax Act, is...
![ITAT allows Income Tax Sec.80P Deduction to Co-operative Society on Interest Earned from Co-operative Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-ITAT-co-operative-banks-Co-operative-Society-Income-Tax-Appellate-TAXSCAN.jpg "ITAT allows Income Tax Sec.80P Deduction to Co-operative Society on Interest Earned from Co-operative Bank [Read Order]")
Deduction u/s 80P(2)(d) of Income Tax Allowable to Cooperative Banks Doing Banking Business: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) has allowed the deduction under Section 80P(2)(d) of the Income Tax Act, 1961 to the Grand Paradi Co-op Housing Society and held that...
![Deduction u/s 80P(2)(d) of Income Tax Allowable to Cooperative Banks Doing Banking Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Deduction-us-80P2d-of-Income-Tax-Cooperative-Banks-Banking-Business-ITAT-TAXSCAN.jpg "Deduction u/s 80P(2)(d) of Income Tax Allowable to Cooperative Banks Doing Banking Business: ITAT [Read Order]")