ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![IHC is part of Income from Operation of Ships in International Traffic under India- France DTAA, not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/IHC-Income-Income-from-Operation-Ships-International-Traffic-India-France-DTAA-DTAA-taxable-ITAT-Taxscan.jpg "IHC is part of Income from Operation of Ships in International Traffic under India- France DTAA, not Taxable: ITAT [Read Order]")
IHC is part of Income from Operation of Ships in International Traffic under India- France DTAA, not Taxable: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ), held that Inland Haulage Charges (IHC) is part of income from operation of ships in...
![Notional Income from Interest-Free Loans is not taxable in the absence of a specific provision in the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Notional-Income-Income-Interest-Free-Loans-Interest-Loans-taxable-Income-Tax-Act-Income-Tax-Tax-ITAT-Taxscan.jpg "Notional Income from Interest-Free Loans is not taxable in the absence of a specific provision in the Income Tax Act: ITAT [Read Order]")
![Charges of Clandestine Removal cannot be Confirmed without Corroborative Evidence, No Addition under VAT: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Charges-Of-Clandestine-Removal-Corroborative-Evidence-Addition-VAT-ITAT-Taxscan.jpg "Charges of Clandestine Removal cannot be Confirmed without Corroborative Evidence, No Addition under VAT: ITAT [Read Order]")
![Relief to Jindal India: ITAT treats Incentives under West Bengal Incentives Scheme as Capital Receipts, not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Jindal-India-ITAT-Incentives-West-Bengal-Incentives-Scheme-Capital-Receipts-Taxable-ITAT-treats-Incentives-Taxscan.jpg "Relief to Jindal India: ITAT treats Incentives under West Bengal Incentives Scheme as Capital Receipts, not Taxable [Read Order]")
Amount received by Adobe from Supply of Software and Automated Services not Taxable in India When Profit not attributed to PE: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal( ITAT ) has held that amount received by Adobe from the supply of software and automated services is not taxable in India when profit is not...
![Amount received by Adobe from Supply of Software and Automated Services not Taxable in India When Profit not attributed to PE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Adobe-Software-supply-Automated-Services-Taxable-ITAT-taxscan.jpg "Amount received by Adobe from Supply of Software and Automated Services not Taxable in India When Profit not attributed to PE: ITAT [Read Order]")
Charging Patients at Market Rates: ITAT denies Income Tax Exemptions to Fernandez Foundation [Read Order]
In a recent ruling, the Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) chaired by Rama Kanta Pande, Accountant Member and Laliet Kumar, Judicial Member held that the ruling of Commissioner...
![Charging Patients at Market Rates: ITAT denies Income Tax Exemptions to Fernandez Foundation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-Income-Tax-Exemptions-Fernandez-Foundation-Income-Tax-Exemptions-to-Fernandez-Foundation-taxscan.jpg "Charging Patients at Market Rates: ITAT denies Income Tax Exemptions to Fernandez Foundation [Read Order]")
AO bound to refer to TPO for Computation of Domestic specified Transactions: ITAT rules in favour of Zydus Healthcare [Read Order]
In as significant case of Zydus Healthcare, the Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that AO is bound to refer to TPO for computation of domestic specified transactions....
![AO bound to refer to TPO for Computation of Domestic specified Transactions: ITAT rules in favour of Zydus Healthcare [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/TPO-Domestic-specified-Transactions-Zydus-Healthcare-taxscan.jpg "AO bound to refer to TPO for Computation of Domestic specified Transactions: ITAT rules in favour of Zydus Healthcare [Read Order]")
No Additions u/s 69A allowable for Deposit of Demonetized Currency if Advance Tax paid under PMGKY Scheme: ITAT [Read Order]
In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) chaired by N.K. Balliya, Accountant Member and Kul Bharat, Judicial Member directed the Assessing Officer (AO) to...
![No Additions u/s 69A allowable for Deposit of Demonetized Currency if Advance Tax paid under PMGKY Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/No-Additions-Deposit-of-Demonetized-Currency-if-Advance-Tax-paid-under-PMGKY-Scheme-ITAT-TAXSCAN.jpg "No Additions u/s 69A allowable for Deposit of Demonetized Currency if Advance Tax paid under PMGKY Scheme: ITAT [Read Order]")
Additional Income offered as part of Business Income, entitled to Income Tax Deduction u/s 40(b)(v): ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Bangalore Bench held that Additional income offered as part of business income, entitled to deduction under Section 40(b)(v) of the Income Tax Act, 1961. ...
![Additional Income offered as part of Business Income, entitled to Income Tax Deduction u/s 40(b)(v): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Additional-Income-Business-Income-Income-Tax-Deduction-Income-Tax-Deduction-Tax-ITAT-taxscan.jpg "Additional Income offered as part of Business Income, entitled to Income Tax Deduction u/s 40(b)(v): ITAT [Read Order]")
![Gold Jewellery acquired by Tradition/Customs: ITAT allows Income Tax Concession [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Gold-Gold-Jewellery-Tradition-Customs-ITAT-Income-Tax-Concession-Income-Tax-Tax-Concession-Tax-Concession-taxscan.jpg "Gold Jewellery acquired by Tradition/Customs: ITAT allows Income Tax Concession [Read Order]")
Taxability of Interest from Investment Earned by Co-Operative Society as 'Other Income': ITAT directs Re-Adjudication [Read Order]
In a recent ruling, the Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ), which is chaired by Judicial Member George George K. and Accountant Member Laxmi Prasad Sahu, instructed the...
![Taxability of Interest from Investment Earned by Co-Operative Society as Other Income: ITAT directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Taxability-Interest-Interest-from-Investment-Other-Income-ITAT-Re-Adjudication-Taxscan.jpg "Taxability of Interest from Investment Earned by Co-Operative Society as Other Income: ITAT directs Re-Adjudication [Read Order]")