ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Construction of House couldnt be Completed Within 3 years, ITAT denies Capital Gain Exemption under Section 54F [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Construction-of-House-ITAT-Capital-Gain-Exemption-taxscan.jpg "Construction of House couldnt be Completed Within 3 years, ITAT denies Capital Gain Exemption under Section 54F [Read Order]")
Construction of House couldn't be Completed Within 3 years, ITAT denies Capital Gain Exemption under Section 54F [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Pune Bench, has recently in an appeal filed before it, held that construction of house if couldn’t be...
![Addition on profit to the extent of 6% in Trading & Manufacturing of Diamonds is acceptable as per CBDT Circular: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/profit-Trading-Manufacturing-Diamonds-CBDT-Circular-ITAT-taxscan.jpg "Addition on profit to the extent of 6% in Trading & Manufacturing of Diamonds is acceptable as per CBDT Circular: ITAT [Read Order]")
![Order Accepting or Refusing Registration U/s 12AA shall be Made in Writing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Registration-ITAT-taxscan.jpg "Order Accepting or Refusing Registration U/s 12AA shall be Made in Writing: ITAT [Read Order]")
![Activities of Rajasthan State Road Transport Corporation does not Fall under ‘Charitable nature’, Entitled to Sec 11 Exception: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Rajasthan-State-Road-Transport-Corporation-Charitable-nature-ITAT-TAXSCAN.jpg "Activities of Rajasthan State Road Transport Corporation does not Fall under ‘Charitable nature’, Entitled to Sec 11 Exception: ITAT [Read Order]")
Retail Trading and Wholesale Trading Companies have to consider separately while deciding Comparables: ITAT rules in favour of Puma [Read Order]
In a ruling in favour of Puma, the Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that Retail trading and wholesale trading companies have to consider separately while deciding...
![Retail Trading and Wholesale Trading Companies have to consider separately while deciding Comparables: ITAT rules in favour of Puma [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Retail-Trading-Wholesale-Trading-Companies-ITAT-Puma-taxscan.jpg "Retail Trading and Wholesale Trading Companies have to consider separately while deciding Comparables: ITAT rules in favour of Puma [Read Order]")
Income Tax Portal does not allow Bulk Uploads: ITAT allows Manual Submission of Documents [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal ( ITAT ) held that, the assessee cannot be said to have not maintained stock register and books of accounts on account of not uploading them...
![Income Tax Portal does not allow Bulk Uploads: ITAT allows Manual Submission of Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Portal-ITAT-Documents-taxscan.jpg "Income Tax Portal does not allow Bulk Uploads: ITAT allows Manual Submission of Documents [Read Order]")
No TDS on Payment of Credit/Debit Card Commission to Domestic Banks: ITAT deletes Disallowance [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT), while quashing an order withholding of tax,has held that the provisions of TDS not applicable to the payment of credit/debit card...
![No TDS on Payment of Credit/Debit Card Commission to Domestic Banks: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/TDS-Payment-Credit-Debit-Card-Commission-Domestic-Banks-ITAT-Disallowance-TAXSCAN.jpg "No TDS on Payment of Credit/Debit Card Commission to Domestic Banks: ITAT deletes Disallowance [Read Order]")
Right to Collect Toll falls within Definition of Commercial Right or ‘Intangible Asset’, Eligible for Depreciation: ITAT [Read Order]
The Income Tax Appellate Tribunal, Pune Bench, has recently, in an appeal filed before it, held that the right to collect toll falls within the definition of commercial rights or intangible asset,...
![Right to Collect Toll falls within Definition of Commercial Right or ‘Intangible Asset’, Eligible for Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Collect-Toll-Definition-Commercial-Right-Intangible-Asset-ITAT-TAXSCAN.jpg "Right to Collect Toll falls within Definition of Commercial Right or ‘Intangible Asset’, Eligible for Depreciation: ITAT [Read Order]")
Provision for Liquidated Damages is an ascertained liability, allowable as Income Tax Deduction: ITAT [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT )has held that the provision for liquidated damages is an ascertained liability and is allowable as a deduction from Income. SKF...
![Provision for Liquidated Damages is an ascertained liability, allowable as Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Liquidated-Damages-Income-Tax-Deduction-ITAT-taxscan.jpg "Provision for Liquidated Damages is an ascertained liability, allowable as Income Tax Deduction: ITAT [Read Order]")
![No Addition on Ground of Typographical Error In Income Tax Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Typographical-Error-Income-Tax-Return-ITAT-taxscan.jpg "No Addition on Ground of Typographical Error In Income Tax Return: ITAT [Read Order]")
![Purchase of Windmill and Capitalisation in Books of Account: ITAT allows Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Windmill-Capitalisation-ITAT-Depreciation-TAXSCAN.jpg "Purchase of Windmill and Capitalisation in Books of Account: ITAT allows Depreciation [Read Order]")