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
![Section 80IA claim permitted on gross basis without offsetting losses from other Industrial Units: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Deduction-on-gross-basis-Income-tax-deduction-losses-taxscan.jpg "Section 80IA claim permitted on gross basis without offsetting losses from other Industrial Units: ITAT allows Deduction [Read Order]")
Section 80IA claim permitted on gross basis without offsetting losses from other Industrial Units: ITAT allows Deduction [Read Order]
The bench of the Income Tax Appellate Tribunal ( ITAT ) in Delhi, has observed that the deduction claim under Section 80IA under Income Tax Act, 1961...
![Transport Services or Medical Expenses Reimbursement provided to non-employees excluded from FBT liability: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Transport-Services-TAXSCAN.jpeg "Transport Services or Medical Expenses Reimbursement provided to non-employees excluded from FBT liability: ITAT deletes Addition [Read Order]")
![Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Gross-Receipts-of-Charitable-Trust-Mentioned-us-215-of-Income-Tax-Act-Registration-Cancellation-ITAT-TAXSCAN.jpg "Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]")
![No Errors or Infirmities Found in Assessment Order Prejudicial to Revenue’s Interest: ITAT sets aside order passed by PCIT u/s 263 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Found-Assessment-Order-Prejudicial-to-Revenues-Interest-ITAT-PCIT-us-263-of-Income-Tax-Act-TAXSCAN.jpg "No Errors or Infirmities Found in Assessment Order Prejudicial to Revenue’s Interest: ITAT sets aside order passed by PCIT u/s 263 of Income Tax Act [Read Order]")
ITR Filing by Due Date u/s 139 of Income Tax Act Is mandatory for Political Party to Claim exemption u/s 13A: ITAT Refuses to Stay Recovery Against INC [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) refused to stay recovery against the Indian National Congress ( INC ) and ruled that ( ITR ) filing by due date under Section 139 of...
![ITR Filing by Due Date u/s 139 of Income Tax Act Is mandatory for Political Party to Claim exemption u/s 13A: ITAT Refuses to Stay Recovery Against INC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITR-Filing-Due-Date-Political-Party-Claim-exemption-ITAT-Refuses-Stay-Recovery-INC-taxscan-1.jpg "ITR Filing by Due Date u/s 139 of Income Tax Act Is mandatory for Political Party to Claim exemption u/s 13A: ITAT Refuses to Stay Recovery Against INC [Read Order]")
![Defective Penalty Notice: ITAT deletes penalty Imposed u/s 271AAB of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Defective-Penalty-Notice-Penalty-Notice-ITAT-Income-Tax-Act-taxscan.jpg "Defective Penalty Notice: ITAT deletes penalty Imposed u/s 271AAB of Income Tax Act [Read Order]")
ITAT directs AO to re-compute book profit u/s 115JB of Income Tax Act by giving opportunity of being heard to assessee [Read Order]
The two member bench of Income Tax Appellate Tribunal (ITAT) Delhi bench directs assessing officers to re-compute book profit under Section 115JB of the Income Tax Act, 1961 by giving the...
![ITAT directs AO to re-compute book profit u/s 115JB of Income Tax Act by giving opportunity of being heard to assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Exemption-Income-Tax-Act-Income-Tax-activities-of-Trust-Trust-Nature-of-Trade-Trade-Commerce-taxscan-Business-ITAT.jpg "ITAT directs AO to re-compute book profit u/s 115JB of Income Tax Act by giving opportunity of being heard to assessee [Read Order]")
No Disallowance of Interest Expenditure not claimed during Deposit of Tax in Return: ITAT directs re-adjudication [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) while directing readjudication observed that no interest expenditure should be disallowed which has not been claimed during the deposit of...
![No Disallowance of Interest Expenditure not claimed during Deposit of Tax in Return: ITAT directs re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Disallowance-Interest-Expenditure-Deposit-Tax-in-Return-ITAT-re-adjudication-No-Disallowance-of-Interest-Expenditure-taxscan.jpg "No Disallowance of Interest Expenditure not claimed during Deposit of Tax in Return: ITAT directs re-adjudication [Read Order]")
ITAT direct to Allow Exemption u/s 10(38) of Income Tax Act only after verifying status of STT Payment [Read Order]
The two member bench of Income Tax Appellate Tribunal ( ITAT ) Delhi bench directed to allow exemption under section 10(38) of the Income Tax Act, 1961 only after verifying the status of STT payment....
![ITAT direct to Allow Exemption u/s 10(38) of Income Tax Act only after verifying status of STT Payment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Exemption-TAXSCAN.jpg "ITAT direct to Allow Exemption u/s 10(38) of Income Tax Act only after verifying status of STT Payment [Read Order]")
Treatment of Personal Expenses as Income precludes loan classification, Income cannot be taxed twice in same Assessment Year: ITAT deletes Penalty u/s 271D [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the penalty under Section 271D of the Income Tax Act, 1961, as treating personal expenses as income precludes loan...
![Treatment of Personal Expenses as Income precludes loan classification, Income cannot be taxed twice in same Assessment Year: ITAT deletes Penalty u/s 271D [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Taxation-of-personal-expenses-Section-271D-of-Income-Tax-Act-taxscan.jpg "Treatment of Personal Expenses as Income precludes loan classification, Income cannot be taxed twice in same Assessment Year: ITAT deletes Penalty u/s 271D [Read Order]")
Property Sale Consideration not grounds for inaccurate Income Particulars: ITAT deletes Penalty u/s 271 (1) (c) of Income Tax Act [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the penalty under Section 271(1)(c) of the Income Tax Act, stating that property sale consideration should not be grounds for...
![Property Sale Consideration not grounds for inaccurate Income Particulars: ITAT deletes Penalty u/s 271 (1) (c) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Income-Tax-ITAT-Delhi-Property-Sale-tax-Tax-penalty-property-sale-Misreporting-income-tax-penalty-taxscan.jpeg "Property Sale Consideration not grounds for inaccurate Income Particulars: ITAT deletes Penalty u/s 271 (1) (c) of Income Tax Act [Read Order]")