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
![No Evidence of Cash Payments for Demand Drafts to 34 Parties: ITAT Upholds Deletion of Additions by CIT (A) u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Cash-Payments-No-Evidence-of-Cash-Payments-ITAT-Deletion-Additions-CIT-A-Income-Tax-Act-taxscan.jpg "No Evidence of Cash Payments for Demand Drafts to 34 Parties: ITAT Upholds Deletion of Additions by CIT (A) u/s 68 of Income Tax Act [Read Order]")
No Evidence of Cash Payments for Demand Drafts to 34 Parties: ITAT Upholds Deletion of Additions by CIT (A) u/s 68 of Income Tax Act [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion of additions made under Section 68 of the Income Tax Act, 1961 by...
![Capital Gain deduction shall not be denied for purchase of New Property in the name of spouse: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Capital-Gain-Capital-Gain-deduction-taxscan.jpg "Capital Gain deduction shall not be denied for purchase of New Property in the name of spouse: ITAT [Read Order]")
![ITAT upholds addition made on account of commission income earned from accommodation entries [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-addition-income-ITAT-upholds-addition-made-on-account-of-commission-income-accommodation-entries-taxscan-1.jpg "ITAT upholds addition made on account of commission income earned from accommodation entries [Read Order]")
![Stubbed Diamond Jewellery found during Search Proceedings need not to declared in Wealth Tax Return: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Stubbed-Diamond-Jewellery-Search-Proceedings-Tax-Return-ITAT-Addition-taxscan.jpg "Stubbed Diamond Jewellery found during Search Proceedings need not to declared in Wealth Tax Return: ITAT deletes Addition [Read Order]")
![No Liability arises as Revenue failed to issue Demand Notice with respect to Interest component of FBT: ITAT grants relief to Sony India [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Sony-India-tax-case-Fringe-Benefit-Tax-Sony-India-taxscan.jpg "No Liability arises as Revenue failed to issue Demand Notice with respect to Interest component of FBT: ITAT grants relief to Sony India [Read Order]")
Share Capital from Directors and Shareholders of Company duly discharged with Evidence: ITAT deletes addition u/s 68 of Income Tax Act [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) ruled that share capital received from directors and shareholders of the company was duly discharged with evidence . Therefore the bench ...
![Share Capital from Directors and Shareholders of Company duly discharged with Evidence: ITAT deletes addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Share-Capital-Directors-Shareholders-Directors-and-Shareholders-of-Company-ITAT-taxscan.jpg "Share Capital from Directors and Shareholders of Company duly discharged with Evidence: ITAT deletes addition u/s 68 of Income Tax Act [Read Order]")
Stamp Value on Date of Agreement on Sale of Property to be considered for Applicability of Section 56(2)(vii)(b) of Income Tax Act: ITAT [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) held that stamp value on date of agreement on sale of property to be considered for applicability of Section 56(2)(vii)(b) of the...
![Stamp Value on Date of Agreement on Sale of Property to be considered for Applicability of Section 56(2)(vii)(b) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Stamp-Value-TAXSCAN.jpg "Stamp Value on Date of Agreement on Sale of Property to be considered for Applicability of Section 56(2)(vii)(b) of Income Tax Act: ITAT [Read Order]")
Cash Deposits in Bank Account from Sale Proceeds received in Cash on due explanation, is not Unexplained Credit: ITAT [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that cash deposits in bank account from sale proceeds received in cash on due explanation, is not unexplained credit. The...
![Cash Deposits in Bank Account from Sale Proceeds received in Cash on due explanation, is not Unexplained Credit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Cash-deposits-bank-account-Sale-Proceeds-taxscan.jpg "Cash Deposits in Bank Account from Sale Proceeds received in Cash on due explanation, is not Unexplained Credit: ITAT [Read Order]")
ITAT deletes Additions made on account of Salary Payment in Cash without having any Documents [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition made on account of salary in cash without having any documents The assessee Vaibhav Jain one of the directors of...
![ITAT deletes Additions made on account of Salary Payment in Cash without having any Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Salary-payment-in-cash-legality-Documented-salary-payments-taxscan.jpg "ITAT deletes Additions made on account of Salary Payment in Cash without having any Documents [Read Order]")
Absence of DIN while granting Statutory Approval u/s 153D Income Tax Act: ITAT allows Assesee appeal [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) while allowing the appeal filed by the assessee Bawa Float Glass Ltd held that absence of Document identification Number ( DIN ) while...
![Absence of DIN while granting Statutory Approval u/s 153D Income Tax Act: ITAT allows Assesee appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Tax-ITAT-ITAT-Delhi-Document-identification-Number-Tax-news-taxscan.jpg "Absence of DIN while granting Statutory Approval u/s 153D Income Tax Act: ITAT allows Assesee appeal [Read Order]")
Receipts from Sale/Distribution of Software to Indian Associate Enterprise are not taxable under Article 12(3) of India-Singapore DTAA: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) ruled that receipts from sale/distribution of software to Indian Associate Enterprise ( AE ) are not taxable under the Article 12(3) of...
![Receipts from Sale/Distribution of Software to Indian Associate Enterprise are not taxable under Article 12(3) of India-Singapore DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Distribution-of-Software-Indian-Associate-Enterprise-TAXSCAN.jpg "Receipts from Sale/Distribution of Software to Indian Associate Enterprise are not taxable under Article 12(3) of India-Singapore DTAA: ITAT [Read Order]")