ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Assessee Alone cant be Taxed when Land belongs to many Co-owners: ITAT deletes Addition of Capital Gain on Land Acquisition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Land-Co-owners-ITAT-Capital-Gain-Land-Acquisition-ITAT-taxscan.jpg "Assessee Alone cant be Taxed when Land belongs to many Co-owners: ITAT deletes Addition of Capital Gain on Land Acquisition [Read Order]")
Assessee Alone can't be Taxed when Land belongs to many Co-owners: ITAT deletes Addition of Capital Gain on Land Acquisition [Read Order]
The Income Tax Appellate Tribunal(ITAT), Chennai Bench, has recently while deciding an appeal filed before it, held that an assessee alone cannot be...
![Filing of Income Tax Return along with Tax Audit Report: ITAT deletes Penalty of Rs 1 Lakh [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Income-Tax-Return-Tax-Audit-Report-ITAT-Penalty-taxscan-1.jpg "Filing of Income Tax Return along with Tax Audit Report: ITAT deletes Penalty of Rs 1 Lakh [Read Order]")
![Application of Valuation method of Rule 11UA upon Preferential Shares: ITAT deletes Addition of Rs 72 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Application-Valuation-Preferential-Shares-ITAT-Addition-TAXSCAN.jpg "Application of Valuation method of Rule 11UA upon Preferential Shares: ITAT deletes Addition of Rs 72 Lakhs [Read Order]")
![GTD Expenses are allowable as Income Tax Deduction: ITAT upholds deletion of Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/GTD-Expenses-Income-Tax-Deduction-ITAT-taxscan.jpg "GTD Expenses are allowable as Income Tax Deduction: ITAT upholds deletion of Disallowance [Read Order]")
![Payment for Grit Purchases and Carriage made through Cash excess can be allowable u/s 40A(3) based on the Nature of Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Payment-Grit-Purchases-Cash-excess-Business-ITAT-taxscan.jpg "Payment for Grit Purchases and Carriage made through Cash excess can be allowable u/s 40A(3) based on the Nature of Business: ITAT [Read Order]")
Assessing Officer allowed Income Tax Deduction in the form of Amortization of Premium with due verification: ITAT sets aside Revisional Order [Read Order]
Assessing Officer allowed the Income Tax deduction in the form of amortization of premium with due verification, and the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the...
![Assessing Officer allowed Income Tax Deduction in the form of Amortization of Premium with due verification: ITAT sets aside Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Assessing-Officer-Income-Tax-Deduction-Amortization-Premium-ITAT-Revisional-Order-taxscan.jpeg "Assessing Officer allowed Income Tax Deduction in the form of Amortization of Premium with due verification: ITAT sets aside Revisional Order [Read Order]")
Non-Submission of Proof of TDS deducted while Claiming Freight and Carriage Charges: ITAT upholds Disallowance [Read Order]
The Income Tax Appellate Tribunal (ITAT), has recently, in an appeal filed before it, upheld disallowance on account of non- submission of proof of TDS deducted while claiming freight and carriage...
![Non-Submission of Proof of TDS deducted while Claiming Freight and Carriage Charges: ITAT upholds Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/TDS-Freight-and-Carriage-Charges-ITAT-Taxscan.jpg "Non-Submission of Proof of TDS deducted while Claiming Freight and Carriage Charges: ITAT upholds Disallowance [Read Order]")
Setting aside of Assessment by citing jurisdictional defect is Technical Error: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench deleted penalty and held that setting aside of assessment by citing jurisdictional defect is technical error. The assessee in the present...
![Setting aside of Assessment by citing jurisdictional defect is Technical Error: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Assessment-jurisdictional-Technical-ITAT-Penalty-TAXSCAN.jpg "Setting aside of Assessment by citing jurisdictional defect is Technical Error: ITAT deletes Penalty [Read Order]")
Relief to Motorola: ITAT holds AMP Expenses and Warranty Expenses not separate International Transaction [Read Order]
In a major relief to M/s. Motorola Mobility India Private Limited, the Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that AMP expenses and warranty expenses not separate international...
![Relief to Motorola: ITAT holds AMP Expenses and Warranty Expenses not separate International Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Motorola-ITAT-AMP-Expenses-Warranty-Expenses-TAXSCAN.jpg "Relief to Motorola: ITAT holds AMP Expenses and Warranty Expenses not separate International Transaction [Read Order]")
ITAT allows Expenses Incurred for R&D: Biotechnology R&D Expenses to be Deducted as Revenue Expenditure [Read Order]
The Income Tax Appellate Authority at Chennai has held that, the disallowance made by the Assessing Officer (AO) and as confirmed by Commissioner of Income Tax (Appeals) [CIT(A)] is not sustainable...
![ITAT allows Expenses Incurred for R&D: Biotechnology R&D Expenses to be Deducted as Revenue Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Research-and-Development-Expenses-Biotechnology-RD-Expenses-Revenue-Expenditure-taxscan.jpg "ITAT allows Expenses Incurred for R&D: Biotechnology R&D Expenses to be Deducted as Revenue Expenditure [Read Order]")
![No Opportunity of Cross Examination given: ITAT quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Cross-Examination-ITAT-Assessment-Order-taxscan.jpg "No Opportunity of Cross Examination given: ITAT quashes Assessment Order [Read Order]")
Remuneration including Bonus to Partners duly Supported by Partnership Deed: ITAT Directs Fresh Adjudication on Disallowance [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Kolkata bench, while considering an issue of disallowance under Section 40(b)(v) of the Income Tax Act, 1961, has observed that the...
![Remuneration including Bonus to Partners duly Supported by Partnership Deed: ITAT Directs Fresh Adjudication on Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Remuneration-Bonus-to-Partners-Partnership-Deed-ITAT-Fresh-Adjudication-taxscan.jpg "Remuneration including Bonus to Partners duly Supported by Partnership Deed: ITAT Directs Fresh Adjudication on Disallowance [Read Order]")