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
![Addition u/s 69A cant be imposed when Assessee doesnt hold Ownership of Money and No Evidence has been found concerning Cash: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-ITAT-delhi-Cash-Ownership-of-Money-Addition-Assessee-Ownership-taxscan.jpeg "Addition u/s 69A cant be imposed when Assessee doesnt hold Ownership of Money and No Evidence has been found concerning Cash: ITAT [Read Order]")
Addition u/s 69A can't be imposed when Assessee doesn't hold Ownership of Money and No Evidence has been found concerning Cash: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the addition under Section 69A of the Income Tax Act, 1961 cannot be imposed...
![ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-disallowance-Long-Term-Capital-Sale-of-Share-Capital-Loss-ITAT-Delhi-taxscan.jpg "ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]")
![Claim of Exemption u/s 10(10)(i) in respect to Gratuity and Leave Encashment shall be allowed When Assessee is an Employee holding a Civil Post: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Gratuity-and-Leave-Encashment-ITAT-Civil-Post-Exemption-TAXSCAN.jpg "Claim of Exemption u/s 10(10)(i) in respect to Gratuity and Leave Encashment shall be allowed When Assessee is an Employee holding a Civil Post: ITAT [Read Order]")
![Proceeding u/s 263 cant be Initiated on Account of Income received from Fly Ash and Cenosphere: ITAT set aside Order of PCIT while granting relief to NTPC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Proceeding-Income-received-Fly-Ash-Cenosphere-ITAT-NTPC-Order-TAXSCAN.jpg "Proceeding u/s 263 cant be Initiated on Account of Income received from Fly Ash and Cenosphere: ITAT set aside Order of PCIT while granting relief to NTPC [Read Order]")
![Interest Income Generated on funds Owned by GOI is not an Income in hands of Appellant Company: ITAT deletes Addition made u/s 56 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Interest-Income-GOI-Interest-Income-Generated-on-funds-Owned-by-GOI-ITAT-deletes-Addition-ITAT-Income-Tax-Act-taxscan.jpg "Interest Income Generated on funds Owned by GOI is not an Income in hands of Appellant Company: ITAT deletes Addition made u/s 56 of Income Tax Act [Read Order]")
![No TDS u/s 192B on payment made to Consultant Doctors and Retainer Doctors: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/TDS-Tax-Deducted-at-Source-Consultant-Doctors-Retainer-Doctors-payment-made-to-Consultant-Doctors.jpg "No TDS u/s 192B on payment made to Consultant Doctors and Retainer Doctors: ITAT [Read Order]")
Availability of cash with different companies is sufficient to explain cash found at time of search: ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) observed that availability of cash with different companies is sufficient to explain cash found at time of search. The issue to be...
![Availability of cash with different companies is sufficient to explain cash found at time of search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Availability-cash-companies-explain-cash-ITAT-TAXSCAN.jpg "Availability of cash with different companies is sufficient to explain cash found at time of search: ITAT [Read Order]")
Deduction u/s 115JB shall be allowed when Farmer and Trade Advances are actually Written off in Books of Account: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the deduction under Section 115JB of the Income Tax Act, 1961 shall be allowed when the farmer and trade advances are actually...
![Deduction u/s 115JB shall be allowed when Farmer and Trade Advances are actually Written off in Books of Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Deduction-Farmer-Farmer-and-Trade-Farmer-and-Trade-Advances-Written-off-taxscan.jpg "Deduction u/s 115JB shall be allowed when Farmer and Trade Advances are actually Written off in Books of Account: ITAT [Read Order]")
Provisions of sections 115BBE will not be applied on Surrendered Income which cannot be treated as unexplained money u/s 69A of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, held that provisions of Section 115BBE would not be applied to surrendered income, which could not be treated as unexplained money under Section...
![Provisions of sections 115BBE will not be applied on Surrendered Income which cannot be treated as unexplained money u/s 69A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Provisions-Surrendered-Income-Income-unexplained-money-Income-Tax-Act-Tax-Income-tax-news-tax-news-taxscan.jpg "Provisions of sections 115BBE will not be applied on Surrendered Income which cannot be treated as unexplained money u/s 69A of Income Tax Act: ITAT [Read Order]")
No Addition shall be made on basis of AIR information when Profit has already been booked by Another and offered to Tax: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that no addition shall be made on the basis of Annual Information Return (AIR) information when the profit has already been booked by...
![No Addition shall be made on basis of AIR information when Profit has already been booked by Another and offered to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-Addition-AIR-information-Profit-booked-offered-to-Tax-ITAT-TAXSCAN.jpg "No Addition shall be made on basis of AIR information when Profit has already been booked by Another and offered to Tax: ITAT [Read Order]")
![No investment made outside books of Accounts: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-investment-investment-books-of-Accounts-ITAT-Income-Tax-Addition-taxscan.jpg "No investment made outside books of Accounts: ITAT deletes Income Tax Addition [Read Order]")
Issuance of Notice u/s 153C of Income Tax Act shall be Invalid Ab-Initio when no Incriminating Document found in Search: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the issuance of notice under Section 153C of the Income Tax Act, 1961 shall be invalid ab-initio when there is no incriminating...
![Issuance of Notice u/s 153C of Income Tax Act shall be Invalid Ab-Initio when no Incriminating Document found in Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Issuance-Issuance-of-Notice-Income-Tax-Act-Income-Tax-Ab-Initio-taxscan.jpg "Issuance of Notice u/s 153C of Income Tax Act shall be Invalid Ab-Initio when no Incriminating Document found in Search: ITAT [Read Order]")