ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Compensation received for Non-Performance of Obligation by DDA is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Compensation-DDA-Capital-Receipt-ITAT-Income-tax-tax-taxscan.jpg "Compensation received for Non-Performance of Obligation by DDA is Capital Receipt: ITAT [Read Order]")
Compensation received for Non-Performance of Obligation by DDA is Capital Receipt: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) chaired by Aby T. Varkey (Judicial) and Amarjit Singh (Accountant Member) deleted the...
![Income from Carriage of Goods and for Operating Ship Taxable u/s 44B of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Carriage-of-Goods-Income-Income-from-Carriage-of-Goods-Operating-Ship-Income-Tax-Act-Income-Tax-ITAT-taxscan.jpg "Income from Carriage of Goods and for Operating Ship Taxable u/s 44B of Income Tax Act: ITAT [Read Order]")
![Income Tax Authorities should charge Legitimate Taxes from Assessee, Penalty cannot be Imposed for Bonafide Mistakes: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Authorities-Income-Tax-Tax-Taxes-Penalty-ITAT-taxscan.jpg "Income Tax Authorities should charge Legitimate Taxes from Assessee, Penalty cannot be Imposed for Bonafide Mistakes: ITAT [Read Order]")
![Provisions of S. 54F of Income Tax Act are Benevolent Provisions, requires Liberal Interpretation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Provisions-Income-Tax-Act-Income-Tax-Tax-Benevolent-Provisions-ITAT-taxscan.jpg "Provisions of S. 54F of Income Tax Act are Benevolent Provisions, requires Liberal Interpretation: ITAT [Read Order]")
![Payments to Vendors for Procuring Goods including Clothes & Footwear are Not “Works Contract”, No TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Payments-Payments-to-Vendors-Procuring-Goods-Clothes-and-Footwear-Works-Contract-TDS-ITAT-taxscan.jpg "Payments to Vendors for Procuring Goods including Clothes & Footwear are Not “Works Contract”, No TDS: ITAT [Read Order]")
Gifts to Dealers and “Shagun” during Marriage of Dealers and Staff are Effective Tools for Business Promotion and Social Welfare, Deductible: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that gifts to dealers and “Shagun” during the marriage of dealers and staff are effective tools for business promotion and social...
![Gifts to Dealers and “Shagun” during Marriage of Dealers and Staff are Effective Tools for Business Promotion and Social Welfare, Deductible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Gifts-Dealers-Gifts-to-Dealers-Shagun-Marriage-of-Dealers-Marriage-of-Dealers-and-Staff-Business-Promotion-Social-Welfare-Deductible-ITAT-Taxscan.jpg "Gifts to Dealers and “Shagun” during Marriage of Dealers and Staff are Effective Tools for Business Promotion and Social Welfare, Deductible: ITAT [Read Order]")
![Consultancy Charges paid by Kuiper Compagnons to Overseas Entities Taxable as FTS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Kuiper-Compagnons-Consultancy-Charges-Taxable-FTS-ITAT-Income-Tax-Tax-Taxscan.jpg "Consultancy Charges paid by Kuiper Compagnons to Overseas Entities Taxable as FTS: ITAT [Read Order]")
![NRI’s Income or Deposit in Foreign Bank Account cannot be Taxed in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/NRI-Income-NRIs-Income-Deposit-Foreign-Bank-Account-Bank-Account-Taxed-Tax-ITAT-Income-Tax-taxscan.jpg "NRI’s Income or Deposit in Foreign Bank Account cannot be Taxed in India: ITAT [Read Order]")
“A Right Tax has to be Collected from Right Person”, CPC bound to Correct Wrong Adjustment made through Automated Process: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) observed that “ a right tax has to be collected from right person” and held that Centralised Processing Centre (CPC) is bound to correct...
![“A Right Tax has to be Collected from Right Person”, CPC bound to Correct Wrong Adjustment made through Automated Process: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/right-tax-tax-CPC-automated-process-ITAT-Taxscan.jpg "“A Right Tax has to be Collected from Right Person”, CPC bound to Correct Wrong Adjustment made through Automated Process: ITAT [Read Order]")
![Profit from Sale of Carbon Credit is “Capital Receipt”, Not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Profit-Carbon-Credit-Capital-Receipt-Taxable-ITAT-Income-Tax-Tax-Credit-taxscan.jpg "Profit from Sale of Carbon Credit is “Capital Receipt”, Not Taxable: ITAT [Read Order]")
Centralized Services Fee received by Starwood Asia Pacific Not Taxable as Royalty under India-Singapore Treaty: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the centralized services fee received by Starwood Asia Pacific is not taxable as royalty under India-Singapore Treaty. Ms/...
![Centralized Services Fee received by Starwood Asia Pacific Not Taxable as Royalty under India-Singapore Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Centralized-Services-Centralized-Services-Fee-Services-Fee-Starwood-Asia-Pacific-Taxable-Royalty-India-Singapore-Treaty-ITAT-Taxscan.jpg "Centralized Services Fee received by Starwood Asia Pacific Not Taxable as Royalty under India-Singapore Treaty: ITAT [Read Order]")
![Deposit of Cash kept for Medical Emergency Post- Demonetization: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Deposit-of-Cash-kept-for-Medical-Emergency-Post-Demonetization-ITAT-Addition-Taxscan.jpg "Deposit of Cash kept for Medical Emergency Post- Demonetization: ITAT deletes Addition [Read Order]")