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
![Payments on Transactional Charges not covered u/s 194J(1)(ba) of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/097164cd-1ac6-4369-a337-9642d092d668.jpg "Payments on Transactional Charges not covered u/s 194J(1)(ba) of Income Tax Act: ITAT deletes Penalty [Read Order]")
Payments on 'Transactional Charges' not covered u/s 194J(1)(ba) of Income Tax Act: ITAT deletes Penalty [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the penalty order passed by the Commissioner of Income Tax ( Appeal )...
![ITAT directs to verify Peak Credits in Undisclosed Bank Account of ICICI Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Delhi-Income-tax-Tax-news-ICICI-Bank-Undisclosed-Bank-Account-taxscan.jpg "ITAT directs to verify Peak Credits in Undisclosed Bank Account of ICICI Bank [Read Order]")
![Claim as Residential House having no Basic Amenities for Habitation is invalid: ITAT upholds Disallowance u/s 54 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-income-tax-act-tax-news-Residential-houses-TAT-disallowance-TAXSCAN.jpg "Claim as Residential House having no Basic Amenities for Habitation is invalid: ITAT upholds Disallowance u/s 54 of Income Tax Act [Read Order]")
![Addition u/s 41(1) of Income Tax Act not Allowable in Absence of Evidence of Cessation of Liability:Â ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-ITAT-Delhi-Income-Tax-section-411-of-the-Income-Tax-Act-Income-Tax-Act-not-Allowable-Tax-news-Taxscan.jpg "Addition u/s 41(1) of Income Tax Act not Allowable in Absence of Evidence of Cessation of Liability:Â ITAT [Read Order]")
![Payment made Overseas for Providing Information on Tariff Change is not FTS: ITAT sets aside TDS Demand u/s 195 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-ITAT-Delhi-Information-on-Tariff-Change-is-not-FTS-ITAT-sets-aside-TDS-Demand-section-195-of-the-Income-Tax-Act-Income-Tax-Appellate-Tribunal-Tax-news-Taxscan.jpg "Payment made Overseas for Providing Information on Tariff Change is not FTS: ITAT sets aside TDS Demand u/s 195 of Income Tax Act [Read Order]")
Taxpayer entitles to Deduction for CENVAT Credit Written Off out of Assets acquired from GAPAIL through Slump Sale: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that the taxpayer was entitled to a deduction for the Central Value Added Tax ( CENVAT ) credit written off from assets acquired...
![Taxpayer entitles to Deduction for CENVAT Credit Written Off out of Assets acquired from GAPAIL through Slump Sale: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-ITAT-Delhi-CENVAT-CENVAT-Credit-Central-Value-Added-Tax-Tax-news-Taxscan.jpg "Taxpayer entitles to Deduction for CENVAT Credit Written Off out of Assets acquired from GAPAIL through Slump Sale: ITAT [Read Order]")
Company’s book, Including Manual Cash book, deemed Non-Incriminating u/s 153A of Income Tax Act: ITAT deletes S.69 Addition [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the Section 69 addition, ruling that the company’s books, including the manual cash book, were deemed non-incriminating under...
![Company’s book, Including Manual Cash book, deemed Non-Incriminating u/s 153A of Income Tax Act: ITAT deletes S.69 Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-income-tax-company-books-Manual-cash-books-section-69-income-tax-act-TAXSCAN.jpg "Company’s book, Including Manual Cash book, deemed Non-Incriminating u/s 153A of Income Tax Act: ITAT deletes S.69 Addition [Read Order]")
Investment Source once accepted by AO cannot be Rectified using S.154: ITAT sets aside Income Tax Assessment Order [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) set aside the Income Tax Assessment Order, emphasizing that an Investment Source, once accepted by the Assessing Officer ( AO ), cannot...
![Investment Source once accepted by AO cannot be Rectified using S.154: ITAT sets aside Income Tax Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-ITAT-Delhi-Income-Tax-Assessment-Order-Assessment-Order-Assessing-Officer-Section-154-of-the-Income-Tax-Act-Taxscan.jpg "Investment Source once accepted by AO cannot be Rectified using S.154: ITAT sets aside Income Tax Assessment Order [Read Order]")
![No Assessment Order shall be passed in name of Non Existing Company: ITAT upholds CIT(A) decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Assessment-Order-ITAT-Delhi-ITAT-upholds-CITA-decision-Tax-news-Taxscan.jpg "No Assessment Order shall be passed in name of Non Existing Company: ITAT upholds CIT(A) decision [Read Order]")
Jewellery collection of married life of 25 to 30 years not treated as abnormal for levying tax: ITAT deletes addition [Read Order]
The two member bench of Delhi Income Tax Appellate Tribunal ( ITAT ) comprising Yogesh Kumar Us (Judicial Member)Â and Pradip Kumar Kedia. (Accountant Member) while deleting the addition made by the...
![Jewellery collection of married life of 25 to 30 years not treated as abnormal for levying tax: ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Jewellery-collection-tax-ITAT-ITAT-Delhi-Income-tax-jewellery-tax-taxscan.jpg "Jewellery collection of married life of 25 to 30 years not treated as abnormal for levying tax: ITAT deletes addition [Read Order]")
Failure to prove Identity, Creditworthiness and Genuineness of receipt of Gift: ITAT upholds Addition made u/s 68 of IT Act [Read Order]
The two member bench of Delhi Income Tax Appellate Tribunal ( ITAT ) comprising Saktijit Dey, (Vice-President) and M. Balaganesh, (Accountant Member) while upholding the addition made under...
![Failure to prove Identity, Creditworthiness and Genuineness of receipt of Gift: ITAT upholds Addition made u/s 68 of IT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-income-tax-act-income-in-income-tax-act-ITAT-news-TAXSCAN.jpg "Failure to prove Identity, Creditworthiness and Genuineness of receipt of Gift: ITAT upholds Addition made u/s 68 of IT Act [Read Order]")
No addition is Permitted u/s 68 of Income Tax Act as Unsecured Loan when Cash Deposits in Bank A/c of Lender Firm is Accepted: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the addition made under Section 68 of the Income Tax Act, 1961 on unsecured loan obtained from a firm by the Assessee on the...
![No addition is Permitted u/s 68 of Income Tax Act as Unsecured Loan when Cash Deposits in Bank A/c of Lender Firm is Accepted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Income-Tax-Act-Section-68-of-the-Income-Tax-Act-Income-Tax-Tax-news-Taxscan.jpg "No addition is Permitted u/s 68 of Income Tax Act as Unsecured Loan when Cash Deposits in Bank A/c of Lender Firm is Accepted: ITAT [Read Order]")