ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Donations to other Charitable Institutions meets Test of Application of Income for Charitable Purposes: Delhi HC upholds Decision of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Delhi-High-Court-Income-Tax-Income-Tax-Appellate-Tribunal-Charitable-Purposes-taxscan.jpg "Donations to other Charitable Institutions meets Test of Application of Income for Charitable Purposes: Delhi HC upholds Decision of ITAT [Read Order]")
Donations to other Charitable Institutions meets Test of Application of Income for Charitable Purposes: Delhi HC upholds Decision of ITAT [Read Order]
The Delhi High Court uphold the decision of the Income Tax Appellate Tribunal (ITAT), observed that the donations to other charitable institutions...
![Approval u/s 153D of Income Tax Act cannot be Grant Merely in Ritualistic formality or rubber stamping by authority: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Delhi-High-Court-Section-153D-of-the-Income-Tax-Act-Grant-Merely-in-Ritualistic-formality-Delhi-HC-Tax-news-Taxscan.jpg "Approval u/s 153D of Income Tax Act cannot be Grant Merely in Ritualistic formality or rubber stamping by authority: Delhi HC [Read Order]")
![ITAT allows Exemption to Charitable Trust Considering Activity: Supreme Court denies Delayed SLP Filing by Income Tax Dept. citing Insufficient Cause [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/05/Supreme-Court-Income-Tax-ITAT-Income-Tax-Dept-Taxscan.jpg "ITAT allows Exemption to Charitable Trust Considering Activity: Supreme Court denies Delayed SLP Filing by Income Tax Dept. citing Insufficient Cause [Read Judgement]")
![Source of Funds Adequately Explained: ITAT Deletes Addition under Section 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-Tax-Appellate-Tribunal-Section-68-of-the-Income-Tax-act-Income-Tax-Income-Tax-act-source-of-funds-taxscan.jpg "Source of Funds Adequately Explained: ITAT Deletes Addition under Section 68 of Income Tax Act [Read Order]")
Legality of revision of Order of ITAT u/s 254 on Ground of Retrospective Overruling: Supreme Court directs to approach prescribed authority under ITAT Order [Read Judgement]
The Supreme Court directed the petitioner to approach the prescribed authority mentioned in the Income Tax Appellate Tribunals Order (ITAT). The Special Leave Petition arose out of the final judgment...
![Legality of revision of Order of ITAT u/s 254 on Ground of Retrospective Overruling: Supreme Court directs to approach prescribed authority under ITAT Order [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/05/4e60af3b-7a03-4266-9af0-10c290be80c0.jpg "Legality of revision of Order of ITAT u/s 254 on Ground of Retrospective Overruling: Supreme Court directs to approach prescribed authority under ITAT Order [Read Judgement]")
Allegation Bogus Purchase: ITAT confirms Gross profit at 12 .5% as Sales are not Disputed [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal( ITAT) confirmed the addition made by Income Tax Authorities on the gross profit margin @ 12.5% on the alleged bogus purchase by the assessee....
![Allegation Bogus Purchase: ITAT confirms Gross profit at 12 .5% as Sales are not Disputed [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Allegation-Bogus-Purchase-ITAT-ITAT-mumbai-Income-Tax-taxscan.jpg "Allegation Bogus Purchase: ITAT confirms Gross profit at 12 .5% as Sales are not Disputed [Read Order]")
No Corroborative Evidence to Prove that Taxpayer made any Payment of Rs. 5 crore: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) has deleted the addition of 5 crore, citing the absence of corroborative evidence to prove that the taxpayer had indeed made any payment of Rs. 5 crores. ...
![No Corroborative Evidence to Prove that Taxpayer made any Payment of Rs. 5 crore: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Income-tax-Income-tax-news-Tax-news-Corroborative-Evidence-taxscan.jpg "No Corroborative Evidence to Prove that Taxpayer made any Payment of Rs. 5 crore: ITAT deletes Addition [Read Order]")
![AO cannot Draw Adverse Inference on Non response of Directors to Notices: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/AO-Draw-Adverse-Inference-Non-response-Directors-Notices-Calcutta-HC-taxscan.jpg "AO cannot Draw Adverse Inference on Non response of Directors to Notices: Calcutta HC [Read Order]")
Stay petition with respect to Assessment Order: Kerala HC directs ITATÂ to pass an order within period of 2 months [Read order]
In a significant case the Kerala high court directed the Income Tax Appellate Tribunal ( ITAT ) to pass an order within a period of two months while staying the assessment order. In this case the...
![Stay petition with respect to Assessment Order: Kerala HC directs ITATÂ to pass an order within period of 2 months [Read order]](https://www.taxscan.in/wp-content/uploads/2024/04/Kerala-High-Court-ITAT-Income-tax-Income-Tax-Appellate-Tribunal-Assessment-Order-taxscan.jpg "Stay petition with respect to Assessment Order: Kerala HC directs ITATÂ to pass an order within period of 2 months [Read order]")
Loan Transaction Validated by Furnishing Identity and Creditworthiness of Creditors: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the addition under Section 68 of the Income Tax Act, 1961 as the loan transaction validated by duly furnishing the identity and...
![Loan Transaction Validated by Furnishing Identity and Creditworthiness of Creditors: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Kolkata-ITAT-Income-Tax-Income-Tax-Act-ITAT-ruling-on-loan-transaction-Section-68-Income-Tax-Act-Taxscan.jpg "Loan Transaction Validated by Furnishing Identity and Creditworthiness of Creditors: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]")