ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Income Tax Return Filed after Due Date under Section 80AC: ITAT denies Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Return-Filed-after-Due-Date-under-Section-80AC-ITAT-denies-Deduction-TAXSCAN.jpg "Income Tax Return Filed after Due Date under Section 80AC: ITAT denies Deduction [Read Order]")
Income Tax Return Filed after Due Date under Section 80AC: ITAT denies Deduction [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has denied the claim for deduction as the income tax return was filed after the due date...
![Business Profits earned by RGA International Reinsurance Company on Account of Reinsurance Business have No Tax Implications in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Business-Profits-RGA-International-Reinsurance-Company-Reinsurance-Business-Tax-Implications-ITAT-taxscan.jpg "Business Profits earned by RGA International Reinsurance Company on Account of Reinsurance Business have No Tax Implications in India: ITAT [Read Order]")
![Reasons recorded for Reassessment cannot be Substituted, Added, or Deleted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Reasons-recorded-Reassessment-ITAT-TAXSCAN-1.jpeg "Reasons recorded for Reassessment cannot be Substituted, Added, or Deleted: ITAT [Read Order]")
![Absence of Valid Reasons and Tangible Materials: ITAT quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Tangible-Materials-ITAT-Re-Assessment-taxscan.jpg "Absence of Valid Reasons and Tangible Materials: ITAT quashes Re-Assessment [Read Order]")
![Rejection of Condonation Application on mere Technical Grounds amounts to Violation of Natural Justice Principles: ITAT remands matter back to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Application-Technical-Grounds-Natural-Justice-Principles-ITAT-CITA-TAXSCAN.jpeg "Rejection of Condonation Application on mere Technical Grounds amounts to Violation of Natural Justice Principles: ITAT remands matter back to CIT(A) [Read Order]")
![No Claim of Expenses when amount represents Net Income of Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/No-claim-of-expenses-when-amount-represents-net-income-of-firm-ITAT-TAXSCAN.jpg "No Claim of Expenses when amount represents Net Income of Firm: ITAT [Read Order]")
Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the exemption to Trusts under section 11 of the Income Tax Act, 1961 cannot be denied merely due to the delay in furnishing of the...
![Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Exemption-to-Trust-Denied-Merely-due-to-Delay-in-furnishing-of-Audit-Report-in-Form-10B-ITAT-TAXSCAN.jpg "Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT [Read Order]")
Bonus Paid to Partners attracts S. 40(b)(v) of Income Tax Act: ITAT allows Income Tax Addition to Luthra and Luthra LLP [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT), allowed income tax addition to Luthra and Luthra LLP on the ground that Bonus paid to partners attracts Section 40(b)(v) of Income Tax...
![Bonus Paid to Partners attracts S. 40(b)(v) of Income Tax Act: ITAT allows Income Tax Addition to Luthra and Luthra LLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Bonus-Paid-to-Partners-attracts-Income-Tax-Act-ITAT-allows-Income-Tax-Addition-to-Luthra-and-Luthra-LLP-TAXSCAN.jpg "Bonus Paid to Partners attracts S. 40(b)(v) of Income Tax Act: ITAT allows Income Tax Addition to Luthra and Luthra LLP [Read Order]")
Loss of Investment written off as Bad Debt and Same can't Claim as Business Loss: ITAT upholds Order of CIT(A) against Ceramin India [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that Loss of investment written off as bad debt and same can't claim as a business loss and upheld order of CIT(A) against...
![Loss of Investment written off as Bad Debt and Same cant Claim as Business Loss: ITAT upholds Order of CIT(A) against Ceramin India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Loss-of-Investment-Investment-written-off-Bad-Debt-Bad-Debt-written-off-Claim-Business-Loss-ITAT-CITA-Ceramin-India-Taxscan.jpg "Loss of Investment written off as Bad Debt and Same cant Claim as Business Loss: ITAT upholds Order of CIT(A) against Ceramin India [Read Order]")
![CIT(A) cant disallow a Claim of Business Loss in the Presence of Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/CITA-disallow-a-Claim-of-Business-Loss-in-the-Presence-of-Evidence-ITAT-TAXSCAN.jpg "CIT(A) cant disallow a Claim of Business Loss in the Presence of Evidence: ITAT [Read Order]")
Payment receive from Freight/Logistic Support Service cannot treat as Royalty U/S 9(1) (Vii) of Income Tax Act & Art 12 DTAA: ITAT deletes Addition [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that the payment received from freight /logistic support service could not be treated as Royalty Under Section 9(1)(Vii) of...
![Payment receive from Freight/Logistic Support Service cannot treat as Royalty U/S 9(1) (Vii) of Income Tax Act & Art 12 DTAA: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Payment-freight-logistic-support-service-Royalty-Income-Tax-Act-ITAT-taxscan.jpg "Payment receive from Freight/Logistic Support Service cannot treat as Royalty U/S 9(1) (Vii) of Income Tax Act & Art 12 DTAA: ITAT deletes Addition [Read Order]")
ITAT asks Govt to bring out Mechanism to ensure Tax Recovery from ARCs/Banks on Sale of Security Assets [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Mumbai Bench asked the Government to bring out Mechanism to ensure Tax Recovery from Asset Re construction Companies (ARCs)/Banks on sale of Security...
![ITAT asks Govt to bring out Mechanism to ensure Tax Recovery from ARCs/Banks on Sale of Security Assets [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-Mechanism-Tax-Recovery-Tax-ARCs-Banks-Sale-of-Security-Assets-Security-Assets-Sale-Asset-Re-construction-Companies-taxscan.jpg "ITAT asks Govt to bring out Mechanism to ensure Tax Recovery from ARCs/Banks on Sale of Security Assets [Read Order]")