ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![No Addition in respect of Un-signed, Unstamped, Satakhat and is found from CD of computer of a Third Person Not related to Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/respect-Un-signed-Unstamped-Satakhat-CD-of-computer-Assessee-ITAT-TAXSCAN-1.jpg "No Addition in respect of Un-signed, Unstamped, Satakhat and is found from CD of computer of a Third Person Not related to Assessee: ITAT [Read Order]")
No Addition in respect of Un-signed, Unstamped, Satakhat and is found from CD of computer of a Third Person Not related to Assessee: ITAT [Read Order]
The Surat bench of Income Tax Appellate Tribunal (ITAT) has recently held that no addition could be made in respect of un-signed, unstamped,...
![Receipt from Fortis Mutual Fund being Investment made from NRE Account of Non-Resident Indian Not Taxable in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Receipt-Mutual-FundInvestment-NRE-Non-Resident-Taxable-ITAT-TAXSCAN.jpg "Receipt from Fortis Mutual Fund being Investment made from NRE Account of Non-Resident Indian Not Taxable in India: ITAT [Read Order]")
![Use of Notice Proforma of Levy Penalty u/s 271AAB without Mentioning Charge is Defective and Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Use-of-Notice-Proforma-Levy-Penalty-u-s-271AAB-Charge-is-Defective-and-Invalid-ITAT-Taxscan.jpg "Use of Notice Proforma of Levy Penalty u/s 271AAB without Mentioning Charge is Defective and Invalid: ITAT [Read Order]")
![Subscription Revenue received in Chemical extract Service and Publication division not Royalty u/s 9(1)(vi): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Subscription-Revenue-Chemical-extract-Service-Royalty-Publication-division-ITAT-taxscan.jpg "Subscription Revenue received in Chemical extract Service and Publication division not Royalty u/s 9(1)(vi): ITAT [Read Order]")
![Exemption u/s 10 (23C) not to be Denied Unless Donation to Trusts Evidentiated as Bogus: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Donation-Trusts-Donation-to-Trusts-Bogus-ITAT-Income-tax-tax-taxscan.jpg "Exemption u/s 10 (23C) not to be Denied Unless Donation to Trusts Evidentiated as Bogus: ITAT [Read Order]")
![Seized Document does not contain Name of Assessee: ITAT deletes Assessment u/s 153C [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Seized-Document-Document-contain-Name-ITAT-Income-Tax-Tax-taxscan.jpg "Seized Document does not contain Name of Assessee: ITAT deletes Assessment u/s 153C [Read Order]")
Dominant purpose of Investment holds No Consequence for Applicability of Section 14A read with rule 8D of rules: ITAT decides SBI’s case [Read Order]
The Income Tax Appellate Tribunal ( ITAT ),Mumbai Bench, has recently , in the appeals filed before it, while ruling in favor of SBI, held that dominant purpose of the investment holds no...
![Dominant purpose of Investment holds No Consequence for Applicability of Section 14A read with rule 8D of rules: ITAT decides SBI’s case [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Investment-ITAT-SBI-Income-Tax-Tax-taxscan.jpg "Dominant purpose of Investment holds No Consequence for Applicability of Section 14A read with rule 8D of rules: ITAT decides SBI’s case [Read Order]")
Relief to SBI: ITAT holds Unrealized Interest on Borrower Accounts Classified as Non-Performing Accounts to be Non-Taxable [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Mumbai Bench, has recently , in the appeals filed before it, while granting relied to SBI, held that unrealized interest on borrower...
![Relief to SBI: ITAT holds Unrealized Interest on Borrower Accounts Classified as Non-Performing Accounts to be Non-Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/SBI-ITAT-Unrealized-Interest-Interest-Borrower-Accounts-Non-Performing-Accounts-Non-Taxable-Income-Tax-Taxable-Tax-taxscan.jpg "Relief to SBI: ITAT holds Unrealized Interest on Borrower Accounts Classified as Non-Performing Accounts to be Non-Taxable [Read Order]")
House Loan paid by Company Allotted to Directors for Residential Purpose Eligible for Income Tax Deduction: ITAT [Read Order]
The Delhi Bench Income Tax Appellate Tribunal ( ITAT ) has held that the house loan paid by a company allotted to the directors for residential purpose would be eligible for the Income Tax Deduction....
![House Loan paid by Company Allotted to Directors for Residential Purpose Eligible for Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/House-Loan-Loan-Income-Tax-Deduction-Income-Tax-Deduction-Tax-ITAT-Taxscan.jpg "House Loan paid by Company Allotted to Directors for Residential Purpose Eligible for Income Tax Deduction: ITAT [Read Order]")
No availability of Technical Knowledge, Experience, Skill on Services provided by Non-Residents: ITAT deletes Disallowance u/s 40(a)(ai) [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench deleted disallowance under Section 40(a)(ai) of the Income Tax Act, 1961 on the ground that no availability of technical knowledge,...
![No availability of Technical Knowledge, Experience, Skill on Services provided by Non-Residents: ITAT deletes Disallowance u/s 40(a)(ai) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Technical-Knowledge-Skill-on-Experience-Skill-on-Services-Non-Residents-ITAT-Disallowance-taxscan.jpg "No availability of Technical Knowledge, Experience, Skill on Services provided by Non-Residents: ITAT deletes Disallowance u/s 40(a)(ai) [Read Order]")
Capital Gain Exemption cannot be Denied on Alterations to House as there is No Ceiling on Amount of Investment: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) recently held that capital gain exemption cannot be denied on alterations to houses as there is no ceiling on the amount of investment. Assessee Renu...
![Capital Gain Exemption cannot be Denied on Alterations to House as there is No Ceiling on Amount of Investment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Capital-Gain-Exemption-Investment-ITAT-TAXSCAN.jpg "Capital Gain Exemption cannot be Denied on Alterations to House as there is No Ceiling on Amount of Investment: ITAT [Read Order]")
Private Limited Company and Director are Different Persons: ITAT upholds Addition for Exceeding Limit of Cash Transactions u/s 269SS [Read Order]
Income Tax Appellate Tribunal ( ITAT ) upheld the addition for exceeding the limit of cash transactions under section 269SS of Income Tax Act, 1961 made by the Assessing Officer (AO). The...
![Private Limited Company and Director are Different Persons: ITAT upholds Addition for Exceeding Limit of Cash Transactions u/s 269SS [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Private-Limited-Company-ITAT-Cash-Transactions-Cash-Transactions-Income-tax-tax-taxscan.jpg "Private Limited Company and Director are Different Persons: ITAT upholds Addition for Exceeding Limit of Cash Transactions u/s 269SS [Read Order]")