ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Income Tax Addition u/s 69A cant be based on Doubt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Addition-Income-Tax-Tax-ITAT-Taxscan.jpg "Income Tax Addition u/s 69A cant be based on Doubt: ITAT [Read Order]")
Income Tax Addition u/s 69A can't be based on Doubt: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal( ITAT ) has held that Income tax addition u/s 69A can't be based on doubt. Ms Rano Jain, Adv....
![TDS Credit allowable when Income offered to Tax relating to said TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/TDS-Credit-TDS-Income-Tax-ITAT-taxscan.jpg "TDS Credit allowable when Income offered to Tax relating to said TDS: ITAT [Read Order]")
![Making Incorrect Deduction not amount to Furnishing Inaccurate Particulars u/s 271 (1)(c): ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-deletes-Penalty-ITAT-Penalty-Deduction-Taxscan.jpg "Making Incorrect Deduction not amount to Furnishing Inaccurate Particulars u/s 271 (1)(c): ITAT deletes Penalty [Read Order]")
![Verification of Cash Deposits without considering Repayment and Submissions of Assessee: ITAT cancels Confirmation of Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Cash-Deposit-Verification-of-Cash-Deposits-Repayment-Submissions-of-Assessee-ITAT-taxscan.jpg "Verification of Cash Deposits without considering Repayment and Submissions of Assessee: ITAT cancels Confirmation of Additions [Read Order]")
![Assessee not Liable for Non-Compliance of the Deductor: ITAT allows TDS Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Non-Compliance-Deductor-ITAT-TDS-Credit-TDS-Taxscan.jpg "Assessee not Liable for Non-Compliance of the Deductor: ITAT allows TDS Credit [Read Order]")
![Mere Making of a Wrong Claim would not attract Income Tax Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Income-Tax-Penalty-ITAT-taxscan.jpg "Mere Making of a Wrong Claim would not attract Income Tax Penalty: ITAT [Read Order]")
One percentage Disallowance is reasonable on Fraudulent Capital Gain obtained by Manipulating Stock Broker: ITAT [Read Order]
The Pune bench of Income Tax Appellate Tribunal ( ITAT ) has held that one percentage disallowance is reasonable on fraudulent Capital gain obtained by manipulating stock broker Dineshkumar R....
![One percentage Disallowance is reasonable on Fraudulent Capital Gain obtained by Manipulating Stock Broker: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Fraudulent-Capital-Gain-Capital-Gain-Fraudulent-Manipulating-Stock-Broker-Stock-Broker-ITAT-taxscan.jpg "One percentage Disallowance is reasonable on Fraudulent Capital Gain obtained by Manipulating Stock Broker: ITAT [Read Order]")
Section 115BBE of Income Tax Act not to be triggered by modifying premise of revisional directions: ITAT [Read Order]
A Division Bench of the Income Tax Appellate Tribunal ( ITAT ), Delhi held that Section 115BBE of Income Tax Act, 1961 not to be triggered by modifying premise of revisional directions. The...
![Section 115BBE of Income Tax Act not to be triggered by modifying premise of revisional directions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Act-Income-Tax-Tax-revisional-directions-ITAT-taxscan.jpg "Section 115BBE of Income Tax Act not to be triggered by modifying premise of revisional directions: ITAT [Read Order]")
![Payment of TDS with Interest to ensure No Loss to Revenue: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Payment-TDS-Interest-Revenue-Penalty-ITAT-Payment-of-TDS-taxscan.jpg "Payment of TDS with Interest to ensure No Loss to Revenue: ITAT deletes Penalty [Read Order]")
Non-formation of GST Tribunal: Gujarat HC issues notice to Central Govt in Refund Claim Case [Read Order]
The Gujarat High Court has recently issued notice to the Central Government seeking the steps taken towards the formulation of Goods and Services Tax (GST) Tribunal in a Civil Application filed by...
![Non-formation of GST Tribunal: Gujarat HC issues notice to Central Govt in Refund Claim Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Non-formation-of-GST-Tribunal-Gujarat-HC-issues-notice-to-Central-Govt-in-Refund-Claim-Case-TAXSCAN-1.jpg "Non-formation of GST Tribunal: Gujarat HC issues notice to Central Govt in Refund Claim Case [Read Order]")
Production and Sale of Tissue Culture Plants is Business Activity, Not Agricultural: ITAT Upholds Revision [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Hyderabad bench dismissed the appeal filed by the assessee and held that the production and sale of the tissue culture plant is a business activity, not an...
![Production and Sale of Tissue Culture Plants is Business Activity, Not Agricultural: ITAT Upholds Revision [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Production-Sale-Production-and-Sale-Tissue-Culture-Plants-Business-Activity-Agricultural-ITAT-taxscan.jpg "Production and Sale of Tissue Culture Plants is Business Activity, Not Agricultural: ITAT Upholds Revision [Read Order]")
Limited Company being an Inanimate Person, cannot have anything 'Personal': ITAT allows Depreciation on Luxury Sports Car used by Director [Read Order]
The Income Tax Appellate Tribunal (ITAT) company is an inanimate person and there cannot be anything “personal” and therefore, allowed depreciation claim by the assessee-company in respect of a...
![Limited Company being an Inanimate Person, cannot have anything Personal: ITAT allows Depreciation on Luxury Sports Car used by Director [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-Depreciation-Luxury-Sports-Car-Director-Company-Inanimate-Person-Depreciation-on-Luxury-Sports-Car-Income-Tax-taxscan.jpg "Limited Company being an Inanimate Person, cannot have anything Personal: ITAT allows Depreciation on Luxury Sports Car used by Director [Read Order]")