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
![AO solely relies on DDIT Report for 15 Crores Income Escapement: ITAT quashes Reassessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Delhi-ITAT-Income-Tax-DDIT-Deputy-Director-of-Income-Tax-Income-escapement-assessment-Taxscan.jpg "AO solely relies on DDIT Report for 15 Crores Income Escapement: ITAT quashes Reassessment Order [Read Order]")
AO solely relies on DDIT Report for 15 Crores Income Escapement: ITAT quashes Reassessment Order [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has invalidated a reassessment order as the Assessing Officer's sole reliance on DDIT...
![TDS filing Delayed due to Paucity of Funds and Interest Duly Paid: ITAT deletes Penalty u/s 272(2)(k) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-TDS-TDS-filing-taxscan.jpg "TDS filing Delayed due to Paucity of Funds and Interest Duly Paid: ITAT deletes Penalty u/s 272(2)(k) [Read Order]")
![Loan advanced for Repayment of Business Operation Liabilities allowable as Business Expenditure u/s 37 (1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Repayment-of-Business-Operation-TAXSCAN.jpg "Loan advanced for Repayment of Business Operation Liabilities allowable as Business Expenditure u/s 37 (1): ITAT [Read Order]")
![Relief to Sahara India: ITAT deletes Addition of Interest Income for AO’s Failure to Appreciate Facts Properly [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Sahara-India-Relief-to-Sahara-India-ITAT-Addition-Interest-Income-AO-taxscan.jpg "Relief to Sahara India: ITAT deletes Addition of Interest Income for AO’s Failure to Appreciate Facts Properly [Read Order]")
No addition on account of Share Premium received in excess of FMV u/s 56(2)(viib) of Income Tax Act: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that no addition shall be made on account of share premium received in excess of Fair Market Value (FMV) under Section...
![No addition on account of Share Premium received in excess of FMV u/s 56(2)(viib) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/addition-Share-Premium-No-addition-on-account-of-Share-Premium-FMV-taxscan-1.jpg "No addition on account of Share Premium received in excess of FMV u/s 56(2)(viib) of Income Tax Act: ITAT [Read Order]")
Income from Hotel related services provided to Indian Hotels not Royalty/FIS under Article 12 of India-USAÂ DTAA: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Delhi bench ruled that income from the hotel related services provided to Indian hotels is not royalty/Fee including service ( FIS ) under Article 12 of...
![Income from Hotel related services provided to Indian Hotels not Royalty/FIS under Article 12 of India-USAÂ DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Income-from-Hotel-related-services-TAXSCAN.jpg "Income from Hotel related services provided to Indian Hotels not Royalty/FIS under Article 12 of India-USAÂ DTAA: ITAT [Read Order]")
Management Service Fees paid to Non Resident AEs eligible for Deduction u/s 37(1) of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) of Delhi held that management service fees paid to non-resident Associate Enterprises are eligible for deduction under Section 37(1) of the Income Tax Act,...
![Management Service Fees paid to Non Resident AEs eligible for Deduction u/s 37(1) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Fees-Deduction-Management-Service-Fees-taxscan.jpg "Management Service Fees paid to Non Resident AEs eligible for Deduction u/s 37(1) of Income Tax Act: ITAT [Read Order]")
AO blindly relied Investigation Wing report for Reopening Assessment, No application of mind: ITAT quashes Reassessment Order [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has nullified the Reassessment Order, pointing out that the Assessing Officer ( AO ) relied blindly on the Investigation Wing report for...
![AO blindly relied Investigation Wing report for Reopening Assessment, No application of mind: ITAT quashes Reassessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/AO-blindly-investigation-Wing-Reopening-Assessment-Application-of-Mind-ITAT-quashes-Reassessment-taxscan.jpg "AO blindly relied Investigation Wing report for Reopening Assessment, No application of mind: ITAT quashes Reassessment Order [Read Order]")
Unexplained Expenditure justified as Business Promotion Expenses with Relevant Bank Statements: ITAT deletes Addition u/s 69C [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) removed the addition under Section 69C of the Income Tax Act, 1961 after justifying unexplained expenditure as business promotion...
![Unexplained Expenditure justified as Business Promotion Expenses with Relevant Bank Statements: ITAT deletes Addition u/s 69C [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Unexplained-Expenditure-TAXSCAN.jpg "Unexplained Expenditure justified as Business Promotion Expenses with Relevant Bank Statements: ITAT deletes Addition u/s 69C [Read Order]")
IIT does not falls in status of Central Government for Invoking of Rule 3 and Section 17(2) of Income Tax: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) noted that the Indian Institute of Technology (IIT) does not fall under the status of the Central Government for invoking Rule 3 and...
![IIT does not falls in status of Central Government for Invoking of Rule 3 and Section 17(2) of Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/IIT-Central-Government-Invoking-Rule-3-and-Section-172-of-Income-Tax-ITAT-TAXSCAN.jpg "IIT does not falls in status of Central Government for Invoking of Rule 3 and Section 17(2) of Income Tax: ITAT [Read Order]")
719g Jewellery found in locker declared Stri Dhan from Parents: ITAT deletes Addition u/s 69 [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) eliminated the additional assessment under section 69 of the Income Tax Act, following the declaration of 719 grams of jewellery found in...
![719g Jewellery found in locker declared Stri Dhan from Parents: ITAT deletes Addition u/s 69 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/719g-Jewellery-found-locker-Stri-Dhan-from-Parents-ITAT-taxscan.jpg "719g Jewellery found in locker declared Stri Dhan from Parents: ITAT deletes Addition u/s 69 [Read Order]")