ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Relief to BMC Software: ITAT deletes Income Tax Addition on Lease Line Charges [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/BMC-Software-ITAT-Income-Tax-Addition-Lease-Line-Charges-TAXSCAN.jpg "Relief to BMC Software: ITAT deletes Income Tax Addition on Lease Line Charges [Read Order]")
Relief to BMC Software: ITAT deletes Income Tax Addition on Lease Line Charges [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench deleted Income Tax Addition on lease line charges thereby granting relief to BMC Software India...
![Interest on Loans obtained for Own Business Purposes Constitutes Business Expenditure, Deduction Allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Interest-Loans-Business-Business-Expenditure-Deduction-Allowable-ITAT-TAXSCAN.jpg "Interest on Loans obtained for Own Business Purposes Constitutes Business Expenditure, Deduction Allowable: ITAT [Read Order]")
![Income Tax Addition on Cash Deposit is not allowable When Additional Evidence explaining Source submitted by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/cash-deposit-additional-evidence-assessee-ITAT-taxscan-.jpeg "Income Tax Addition on Cash Deposit is not allowable When Additional Evidence explaining Source submitted by Assessee: ITAT [Read Order]")
![Receipt of Property by way of Inheritance, will not be treated as Income from Other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Receipt-of-property-income-from-other-sources-ITAT-taxscan.jpeg "Receipt of Property by way of Inheritance, will not be treated as Income from Other Sources: ITAT [Read Order]")
![Educational Expenses of Daughter of Assessee not to be Considered as Incurred for Purpose of Business by Assessee’s firm: ITAT denies Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Educational-Expenses-of-Daughter-Purpose-of-Business-Assessees-firm-ITAT.jpg "Educational Expenses of Daughter of Assessee not to be Considered as Incurred for Purpose of Business by Assessee’s firm: ITAT denies Claim [Read Order]")
Freebies to Doctors illegal and does not fall under 'Business Promotion Expenses': ITAT upholds Disallowance against Mankind Pharma Ltd [Read Order]
The Income Tax Appellate Tribunal(ITAT) at Delhi has recently observed in a major denial of relief against assessee, Mankind Pharma Ltd. that, freebies given to doctors are illegal and does not fall...
![Freebies to Doctors illegal and does not fall under Business Promotion Expenses: ITAT upholds Disallowance against Mankind Pharma Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Freebies-Doctors-illegal-Business-Promotion-Expenses-ITAT-Mankind-Pharma-Ltd-taxscan.jpg "Freebies to Doctors illegal and does not fall under Business Promotion Expenses: ITAT upholds Disallowance against Mankind Pharma Ltd [Read Order]")
Relief to Vodafone Idea: No TDS Liability on Discount to Distributors of Prepaid Sim Cards and Recharge Vouchers, rules ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has recently held that no Tax Deducted at Source (TDS) liability arises from discount on prepaid sim cards and recharge vouchers, granting...
![Relief to Vodafone Idea: No TDS Liability on Discount to Distributors of Prepaid Sim Cards and Recharge Vouchers, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Vodafone-Idea-TDS-Liability-Discount-Sim-Cards-Recharge-Vouchers-ITAT-Taxscan.jpg "Relief to Vodafone Idea: No TDS Liability on Discount to Distributors of Prepaid Sim Cards and Recharge Vouchers, rules ITAT [Read Order]")
ITAT upholds Revisional Order on Ground of LTCG Exemption on STT Paid without Verification [Read Order]
The Income Tax Appellate Tribunal (ITAT) Bangalore Bench, has recently, in an appeal filed before it upheld the revisional order on the ground of LTCG exemption on STT payment without verification. ...
![ITAT upholds Revisional Order on Ground of LTCG Exemption on STT Paid without Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Revisional-Order-LTCG-STT-taxscan.jpg "ITAT upholds Revisional Order on Ground of LTCG Exemption on STT Paid without Verification [Read Order]")
Addition of Capital Gain u/s 68 as Unexplained Cash Credit without incriminating material is not permissible: ITAT [Read Order]
The addition of capital gain under section 68 as unexplained cash credit without incriminating material is not permissible, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held as...
![Addition of Capital Gain u/s 68 as Unexplained Cash Credit without incriminating material is not permissible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-Gain-Unexplained-Cash-Credit-ITAT-taxscan.jpeg "Addition of Capital Gain u/s 68 as Unexplained Cash Credit without incriminating material is not permissible: ITAT [Read Order]")
![An Addition on Unexplained Deposit deleted without Valid Document is not allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Unexplained-Deposit-Document-ITAT-taxscan.jpg "An Addition on Unexplained Deposit deleted without Valid Document is not allowable: ITAT [Read Order]")
![No TDS on Payment of EDC to HUDA: ITAT deletes Penalty u/s 271C [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/TDS-Payment-EDC-HUDA-ITAT-Penalty-taxscan.jpeg "No TDS on Payment of EDC to HUDA: ITAT deletes Penalty u/s 271C [Read Order]")
ILL- Health and Transfer to New Place constitutes ‘Reasonable Cause’ for Delay in filing Appeal: ITAT imposes Cost of Rs. 10,000 on Assessee [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Ahmedabad Bench, has recently, in an appeal filed before it held that ill – health and transfer to new place constitutes ‘reasonable cause’ for delay in...
![ILL- Health and Transfer to New Place constitutes ‘Reasonable Cause’ for Delay in filing Appeal: ITAT imposes Cost of Rs. 10,000 on Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ILL-Health-Reasonable-Cause-Appeal-ITAT-Assessee-TAXSCAN.jpeg "ILL- Health and Transfer to New Place constitutes ‘Reasonable Cause’ for Delay in filing Appeal: ITAT imposes Cost of Rs. 10,000 on Assessee [Read Order]")