ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Overloading Charges paid under Motor Vehicles Act “Compensatory” in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Overloading-Charges-paid-Motor-Vehicles-Act-Compensatory-in-Nature-ITAT-Taxscan.jpg "Overloading Charges paid under Motor Vehicles Act “Compensatory” in Nature: ITAT [Read Order]")
Overloading Charges paid under Motor Vehicles Act “Compensatory” in Nature: ITAT [Read Order]
The Rajkot bench of Income Tax Appellate Tribunal (ITAT) recently held that overloading charges paid under Motor Vehicles Act Compensatory in nature...
![Repayment of Debt is Application of Income If Such Debt Was Taken as Part of Receipts of Charitable Trust: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Repayment-Debt-Income-Charitable-Trust-ITAT-TAXSCAN.jpg "Repayment of Debt is Application of Income If Such Debt Was Taken as Part of Receipts of Charitable Trust: ITAT [Read Order]")
![Deposit during Demonetization Period: Burden of Proof on Assessee to Establish Genuineness, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Deposit-Demonetization-ITAT-Burden-of-Proof-Income-tax-taxscan.jpg "Deposit during Demonetization Period: Burden of Proof on Assessee to Establish Genuineness, rules ITAT [Read Order]")
![TDS Not Applicable to Trade Discount to Customers: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/TDS-Trade-Discount-Discount-Customers-ITAT-taxscan.jpg "TDS Not Applicable to Trade Discount to Customers: ITAT [Read Order]")
Relinquishment of Right in Land Earmarked for Common Utility Purpose as per Regulatory Requirements Not Taxable as Capital Gain or Business Income: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that relinquishment of right in land earmarked for common utility purposes as per regulatory requirements is not taxable as...
![Relinquishment of Right in Land Earmarked for Common Utility Purpose as per Regulatory Requirements Not Taxable as Capital Gain or Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Relinquishment-Land-Common-Utility-Purpose-Regulatory-Requirements-Taxable-Capital-Gain-Business-Income-ITAT-Taxscan.jpg "Relinquishment of Right in Land Earmarked for Common Utility Purpose as per Regulatory Requirements Not Taxable as Capital Gain or Business Income: ITAT [Read Order]")
Detachable Warrant has conceivable Cost,Sale Consideration from Transfer of Capital Asset is Liable to Capital Gain: Gujarat HC [Read Order]
In a recent case, the High Court( HC) of Gujarat has held that a detachable warrant has a conceivable cost and the sale consideration from the transfer of the capital asset is liable to capital gain....
AMP Expenditure is not International Transaction: ITAT rules in favour of Mattel Toys (India) [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), ruled that Advertising Marketing and Promotion (AMP) Expenditure is not an International Transaction and thereby ruled in favour of M/s...
![AMP Expenditure is not International Transaction: ITAT rules in favour of Mattel Toys (India) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/AMP-AMP-Expenditure-International-Transaction-Mattel-Toys-Mattel-Toys-India-Taxscan.jpg "AMP Expenditure is not International Transaction: ITAT rules in favour of Mattel Toys (India) [Read Order]")
![Expenditure Incurred towards Computer Software and Stationery, Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Expenditure-Expenditure-Incurred-Computer-Software-Stationery-Computer-Software-and-Stationery-Revenue-Revenue-in-Nature-ITAT-Taxscan.jpg "Expenditure Incurred towards Computer Software and Stationery, Revenue in Nature: ITAT [Read Order]")
![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]")
Income from Carriage of Goods and for Operating Ship Taxable u/s 44B of Income Tax Act: ITAT [Read Order]
The bench of Amit Shukla and Gagan Goyal of Mumbai Income Tax Appellate Tribunal ruled that Income from carriage of goods and for operating ships is taxable under section 44B of the Income Tax Act,...
![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]
The Income Tax Appellate Tribunal ( ITAT ), Chandigarh Bench, has recently, in an appeal filed before it, held that the income tax authorities should charge legitimate taxes from the assessee and...
![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]")