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
![Voluntary Disallowance of Expense u/s 40 (a) (ia) not a base to treat Taxpayer as Assessee in Default: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-Disallowance-of-Expense-Voluntary-Disallowance-of-Expense-TAXSCAN.jpg "Voluntary Disallowance of Expense u/s 40 (a) (ia) not a base to treat Taxpayer as Assessee in Default: ITAT [Read Order]")
Voluntary Disallowance of Expense u/s 40 (a) (ia) not a base to treat Taxpayer as 'Assessee in Default': ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has held that voluntary disallowance of an expense under section 40 (a) (ia) of the...
![Income Tax addition upheld without Application of Mind: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-Income-Tax-Income-Tax-Addition-Upheld-taxscan.jpg "Income Tax addition upheld without Application of Mind: ITAT deletes Addition [Read Order]")
![No taxability arises in Absence of any Income Escapement on Repatriating Rs. 203.56 Cr arising from NCDs Redemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-Income-Tax-NCDs-Redemption-taxscan.jpg "No taxability arises in Absence of any Income Escapement on Repatriating Rs. 203.56 Cr arising from NCDs Redemption: ITAT [Read Order]")
![Income from Transfer of Channels being an Asset Outside India not Taxable u/s 9(1)(i) Income Tax Act: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-ITAT-ITAT-Delhi-Asset-transfer-taxation-International-asset-taxation-taxable-channel-transfer-taxscan.jpg "Income from Transfer of Channels being an Asset Outside India not Taxable u/s 9(1)(i) Income Tax Act: ITAT deletes Addition [Read Order]")
![ITAT directs to Recompute ALP by including the Excluded Comparable Chosen for Transfer Pricing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-ITAT-ITAT-Delhi-Arm-Length-Price-transfer-pricing-Comparable-companies-TAXSCAN.jpg "ITAT directs to Recompute ALP by including the Excluded Comparable Chosen for Transfer Pricing [Read Order]")
![Receipts from sale of Software License is not royalty under Article 12(3) of India Singapore DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-ITAT-ITAT-Delhi-India-Singapore-DTAA-Software-license-sale-Taxation-of-software-sales-TAXSCAN.jpg "Receipts from sale of Software License is not royalty under Article 12(3) of India Singapore DTAA: ITAT [Read Order]")
Services provided to Jet Airways and Jet Lite in Malaysia head office of Resident Indian Company are taxable in India: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) ruled that services provided to Jet Airways and Jet Lite in Malaysia head in the office of resident Indian companies are taxable in India . ...
![Services provided to Jet Airways and Jet Lite in Malaysia head office of Resident Indian Company are taxable in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-Income-tax-ITAT-Delhi-Jet-Airways-taxscan.jpg "Services provided to Jet Airways and Jet Lite in Malaysia head office of Resident Indian Company are taxable in India: ITAT [Read Order]")
Full Value of Consideration or Cost of Investment cannot be Substituted by Fair Market Value Except within Purview of Section 50 C of Income Tax Act: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) observed that full value of consideration or cost of investment cannot be substituted by fair market value except within purview of...
![Full Value of Consideration or Cost of Investment cannot be Substituted by Fair Market Value Except within Purview of Section 50 C of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-Income-Tax-Fair-market-value-Fair-market-value-substitution-in-taxation-Tax-news-TAXSCAN.jpg "Full Value of Consideration or Cost of Investment cannot be Substituted by Fair Market Value Except within Purview of Section 50 C of Income Tax Act: ITAT [Read Order]")
Capital Gains arising on Sale of Shares cannot be regarded as Sham Profit: ITAT deletes additions made u/s 69A of Income Tax Act [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ), while deleting the addition made under Section 69A of the Income Tax Act, 1961 held that capital gain arising on sale of shares could not be...
![Capital Gains arising on Sale of Shares cannot be regarded as Sham Profit: ITAT deletes additions made u/s 69A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-Income-Tax-ITAT-deletes-additions-Capital-Gains-Sale-of-shares-Capital-Gains-arising-on-sale-of-shares-Shares-TAXSCAN.jpg "Capital Gains arising on Sale of Shares cannot be regarded as Sham Profit: ITAT deletes additions made u/s 69A of Income Tax Act [Read Order]")
Receipts from Software Subscription Payments, Training and Professional Fees not taxable as FTS under India-Netherlands DTAA: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) ruled that receipts from software subscription payments training and professional fees was not taxable in India as Fee For Technical Service(...
![Receipts from Software Subscription Payments, Training and Professional Fees not taxable as FTS under India-Netherlands DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-DTAA-India-Netherlands-DTAA-Income-Tax-Fee-For-Technical-Service-FTS-under-India-Netherlands-DTAA-TAXSCAN.jpg "Receipts from Software Subscription Payments, Training and Professional Fees not taxable as FTS under India-Netherlands DTAA: ITAT [Read Order]")
Allotment of enquiry shares to subscribers is outside scope of Section 56(2)(viib) of Income Tax Act : ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) observed that allotment of enquiry shares to subscribers was outside scope of Section 56(2) ( viib ) of the Income Tax Act, 1961 The...
![Allotment of enquiry shares to subscribers is outside scope of Section 56(2)(viib) of Income Tax Act : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-Delhi-Income-Tax-Act-ITAT-ruling-on-share-allotment-Tax-treatment-of-share-subscribers-Income-Tax-Act-and-share-issuance-Taxscan.jpg "Allotment of enquiry shares to subscribers is outside scope of Section 56(2)(viib) of Income Tax Act : ITAT [Read Order]")
Delay in finalizing late objection: ITAT directs AO to finalize assessment order u/S 144C of Income Tax Act [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer to finalize the assessment order under Section 144C of the Income Tax Act, 1961 due to the delay in...
![Delay in finalizing late objection: ITAT directs AO to finalize assessment order u/S 144C of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Delay-finalizing-late-objection-ITAT-AO-finalize-assessment-Income-Tax-Act-taxscan.jpg "Delay in finalizing late objection: ITAT directs AO to finalize assessment order u/S 144C of Income Tax Act [Read Order]")