![No Need to Re-examine Section 10 Exemption Claim from Income Tax if Opportunity of being Heard not Provided: ITAT Decides in Rs.112 Cr Matter [Read Order]](https://images.taxscan.in/h-upload/2026/03/24/2130053-no-need-to-re-examine-section-10-exemption-claim-from-income-taxjpg.webp "No Need to Re-examine Section 10 Exemption Claim from Income Tax if Opportunity of being Heard not Provided: ITAT Decides in Rs.112 Cr Matter [Read Order]")
No Need to Re-examine Section 10 Exemption Claim from Income Tax if Opportunity of being Heard not Provided: ITAT Decides in Rs.112 Cr Matter [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench, heard a INR 112 crore matter wherein it was held that there is no need to re-examine...
![Exemption Cannot Be Denied For Non Filing of Form 10B: ITAT Allows ₹1.21 Crore Relief Claim Of IAPPD [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128481-denied-for-non-filing-of-form-10b-itat-taxscan.webp "Exemption Cannot Be Denied For Non Filing of Form 10B: ITAT Allows ₹1.21 Crore Relief Claim Of IAPPD [Read Order]")
![AO Cannot Adopt FMV for Capital Gains while using Book Value for Business Profits: ITAT Clarifies S. 45(2) scope [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127595-ao-cannot-adopt-fmv-for-capital-gains-itat-taxscan.webp "AO Cannot Adopt FMV for Capital Gains while using Book Value for Business Profits: ITAT Clarifies S. 45(2) scope [Read Order]")
![₹60 Lakh Loan Addition u/s 68 Deleted as AO Relied on Assumptions, Not Evidence: ITAT Upholds CIT(A) Decision [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127587-itat-upholds-cita-decision-taxscan.webp "₹60 Lakh Loan Addition u/s 68 Deleted as AO Relied on Assumptions, Not Evidence: ITAT Upholds CIT(A) Decision [Read Order]")
![Interest on Foreign Currency Loan to AE at Rate Higher Than Internal CUP is at Arm’s Length: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127543-nterest-on-foreign-currency-loan-to-aejpg.webp "Interest on Foreign Currency Loan to AE at Rate Higher Than Internal CUP is at Arm’s Length: ITAT [Read Order]")
₹1.38 Cr Income Tax Addition on Unaccounted Profit from Business Transaction: ITAT Directs Fresh Adjudication by CIT(A) [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench, has restored a matter relating to an addition of ₹1,38,66,386 made on account of alleged unaccounted profits from business transactions,...
![₹1.38 Cr Income Tax Addition on Unaccounted Profit from Business Transaction: ITAT Directs Fresh Adjudication by CIT(A) [Read Order]](https://images.taxscan.in/h-upload/2026/02/03/2123601-itat-new-delhi-income-tax-addition-unaccounted-profit-business-transaction-fresh-adjudication-cita-taxscan.webp "₹1.38 Cr Income Tax Addition on Unaccounted Profit from Business Transaction: ITAT Directs Fresh Adjudication by CIT(A) [Read Order]")
Search Assessment Invalid Without Incriminating Evidence: ITAT Quashes Section 153A Additions [Read Order]
The New Delhi Bench ofIncome Tax Appellate Tribunal (ITAT) quashed additions made under Section 153A of the Income Tax Act, 1961, due to absence of incriminating material seized during search and...
![Search Assessment Invalid Without Incriminating Evidence: ITAT Quashes Section 153A Additions [Read Order]](https://images.taxscan.in/h-upload/2025/12/27/2115187-search-assessment-invalid-without-incriminating-evidence-itat-quashes-section-153a-additions-taxscan.webp "Search Assessment Invalid Without Incriminating Evidence: ITAT Quashes Section 153A Additions [Read Order]")
MAT Adjustment Must Be Based on Lower of Business Loss or Depreciation: ITAT Dismisses Appeal of Sungroup Enterprises [Read Order]
The Bench of the Income Tax Appellate Tribunal (ITAT), New Delhi, held that the lower of the unabsorbed depreciation or business loss, as per the books of account, must be adjusted against the...
![MAT Adjustment Must Be Based on Lower of Business Loss or Depreciation: ITAT Dismisses Appeal of Sungroup Enterprises [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/2098829-sungroup-enterprises-itat-new-delhi-mat-adjustment-taxscan.webp "MAT Adjustment Must Be Based on Lower of Business Loss or Depreciation: ITAT Dismisses Appeal of Sungroup Enterprises [Read Order]")
Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal(ITAT) directed the re adjudication against the case of Schneider Electric India Private Limited regarding the allegation of failure to ...
![Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/2081752-tat-new-delhi-itat-directs-schneider-electric-india-pvt-ltd-taxscan.webp "Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]")
Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]
The New Delhi bench of the Income TaxAppellate Tribunal (ITAT) directed the re adjudication against the case of Schneider Electric India Private Limited regarding the allegation of failure to ...
![Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/2080120-working-capital-adjustment-alp-itat-schneider-electric-india-pvt-ltd-taxscan.webp "Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]")