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
![ITAT allows Capital Gain Deduction for Additional Compensation Paid to Vendors for Land Acquisition Costs, Finding no grounds for doubt [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Delhi-Income-tax-Income-tax-news-Capital-gain-taxscan.jpg "ITAT allows Capital Gain Deduction for Additional Compensation Paid to Vendors for Land Acquisition Costs, Finding no grounds for doubt [Read Order]")
ITAT allows Capital Gain Deduction for Additional Compensation Paid to Vendors for Land Acquisition Costs, Finding no grounds for doubt [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) allowed capital gain deduction for additional compensation of Rs. 25 lakhs paid to...
![Filing Audit Report in Form 10CCB before filing ITR is only directory Not Mandatory: ITAT allows S.80IA Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Filing-Audit-Report-Form-10CCB-ITR-ITAT-S.80IA-Deduction-taxscan.jpg "Filing Audit Report in Form 10CCB before filing ITR is only directory Not Mandatory: ITAT allows S.80IA Deduction [Read Order]")
![Sponsorship Fee paid to Trust found more Personal Obligation of Director, Not a Business Expenditure: ITAT confirms Disallowance of Rs.15L [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Delhi-Income-Tax-Sponsorship-Fee-Personal-Obligation-of-Director-TAXSCAN.jpg "Sponsorship Fee paid to Trust found more Personal Obligation of Director, Not a Business Expenditure: ITAT confirms Disallowance of Rs.15L [Read Order]")
![Commission Paid for Works Obtained and Sub Contracted Allowable as Business Expenditure u/s 37: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Commission-Paid-for-Works-Business-Expenditure-Commission-Paid-for-Works-Obtained-and-Sub-Contracted-ITAT-taxscan.jpg "Commission Paid for Works Obtained and Sub Contracted Allowable as Business Expenditure u/s 37: ITAT [Read Order]")
![Explanation 3 to Section 147 of Income Tax Act cannot be extended to make New Addition beyond Initial Reopening Assessment Reasons: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Explanation-3-to-Section-147-of-Income-Tax-Act-New-Addition-Initial-Reopening-Assessment-Reasons-ITAT-quashes-taxscan.jpg "Explanation 3 to Section 147 of Income Tax Act cannot be extended to make New Addition beyond Initial Reopening Assessment Reasons: ITAT quashes Order [Read Order]")
No Adverse Findings on Purchases or Stock:Â ITAT deletes 39.2 Lakhs cash credit u/s 68 of Income Tax Act [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted Rs. 39.2 Lakhs Cash Credit Under Section 68 of the Income Tax Act, 1961, citing absence of adverse findings on purchases or...
![No Adverse Findings on Purchases or Stock:Â ITAT deletes 39.2 Lakhs cash credit u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Delhi-Income-tax-Cash-credit-Stock-assessment-taxscan.jpg "No Adverse Findings on Purchases or Stock:Â ITAT deletes 39.2 Lakhs cash credit u/s 68 of Income Tax Act [Read Order]")
AO made No Reference to any Incriminating Material while Making Addition on TDR Transactions: ITAT dismisses Revenue's Appeal [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the Revenue's appeal as the Assessing Officer ( AO ) made no reference to any incriminating material while adding on TDR...
![AO made No Reference to any Incriminating Material while Making Addition on TDR Transactions: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Delhi-ITAT-Income-Tax-TDR-Transactions-Revenue-appeal-dismissal-ITAT-AO-assessment-TDR-Income-Tax-Taxscan.jpg "AO made No Reference to any Incriminating Material while Making Addition on TDR Transactions: ITAT dismisses Revenues Appeal [Read Order]")
Non-Competition Fee received under Restrictive Covenants Restrains Source of Income: ITAT deletes Addition of Rs. 64 Cr [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled to delete the addition of Rs. 64 crore after determining that the non-competition fee received under restrictive covenants...
![Non-Competition Fee received under Restrictive Covenants Restrains Source of Income: ITAT deletes Addition of Rs. 64 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Non-Competition-Fee-received-Restrictive-Covenants-Restrains-Source-Income-ITAT-TAXSCAN.jpg "Non-Competition Fee received under Restrictive Covenants Restrains Source of Income: ITAT deletes Addition of Rs. 64 Cr [Read Order]")
AO fails to Implement DRP Directions while Passing Final Assessment Order: ITAT quashes Assessment Order [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the assessment order after finding that the Assessing Officer ( AO ) failed to implement Dispute Resolution Panel ( DRP )...
![AO fails to Implement DRP Directions while Passing Final Assessment Order: ITAT quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Delhi-ITAT-Assessment-Order-Dispute-Resolution-Panel-DRP-Dispute-Resolution-Panel-guidelines-Taxscan.jpg "AO fails to Implement DRP Directions while Passing Final Assessment Order: ITAT quashes Assessment Order [Read Order]")
ITAT deletes addition made on accrual basis with respect to interest income of arbitration award [ Read Order]
The Delhi bench Income Tax Appellate Tribunal ( ITAT ) deleted the addition made on the accrual basis with respect to the interest income earned from the arbitration award. The Assessee MMTC Ltd...
![ITAT deletes addition made on accrual basis with respect to interest income of arbitration award [ Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Delhi-Income-Tax-Arbitration-award-Interest-income-taxscan.jpg "ITAT deletes addition made on accrual basis with respect to interest income of arbitration award [ Read Order]")
Taxpayer Challenges AO's Disallowance which is not in terms with Section 115JB of Income Tax Act: ITAT restores matter back for Factual Verification [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) responded to the taxpayer's challenge against the Assessing Officer's disallowance, which was deemed inconsistent with Section 115JB of...
![Taxpayer Challenges AOs Disallowance which is not in terms with Section 115JB of Income Tax Act: ITAT restores matter back for Factual Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Delhi-Income-Tax-Taxpayer-TAXSCAN.jpg "Taxpayer Challenges AOs Disallowance which is not in terms with Section 115JB of Income Tax Act: ITAT restores matter back for Factual Verification [Read Order]")
Education Cess cannot be allowed as Allowable Expense u/s 37 (1) of Income Tax Act: ITAT [Read Order]
In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) observed that the education cess cannot be allowed as allowable expense under Section 37 (1) of Income Tax Act, 1961....
![Education Cess cannot be allowed as Allowable Expense u/s 37 (1) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Delhi-Education-Cess-Income-tax-taxscan.jpg "Education Cess cannot be allowed as Allowable Expense u/s 37 (1) of Income Tax Act: ITAT [Read Order]")