ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Rules cannot override the Act, relief allowable u/s 90 in respect of the Foreign Tax Credit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Rules-allowable-Foreign-Tax-Credit-ITAT-TAXSCAN.jpg "Rules cannot override the Act, relief allowable u/s 90 in respect of the Foreign Tax Credit: ITAT [Read Order]")
Rules cannot override the Act, relief allowable u/s 90 in respect of the Foreign Tax Credit: ITAT [Read Order]
The Mumbai Bench Income Tax Appellate Tribunal (ITAT)has held that Rules cannot override the Act, relief allowable u/s 90 of the Income Tax Act,1961...
![CUP method can be applied for benchmarking International Transactions when no change occurred than previous year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/CUP-International-Transactions-ITAT-TAXSCAN.jpg "CUP method can be applied for benchmarking International Transactions when no change occurred than previous year: ITAT [Read Order]")
![Registered Societys Revenue belonging to Consolidated Fund of Govt, Eligible for 10(23C) (iiiab) Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Revenue-Consolidated-Fund-Exemption-ITAT-TAXSACN.jpg "Registered Societys Revenue belonging to Consolidated Fund of Govt, Eligible for 10(23C) (iiiab) Exemption: ITAT [Read Order]")
![Value of Goods Declared for Central Excise Purpose shall be Considered before Concluding upon under Invoicing of Products: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Goods-Products-ITAT-taxscan.jpg "Value of Goods Declared for Central Excise Purpose shall be Considered before Concluding upon under Invoicing of Products: ITAT [Read Order]")
![Income Tax Addition on Deemed letting value not permissible when property was not let out: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Addition-Deemed-value-permissible-property-ITAT-TAXSCAN.jpg "Income Tax Addition on Deemed letting value not permissible when property was not let out: ITAT [Read Order]")
![Income Tax Authorities Bound to Follow CBDT Circulars: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Authorities-Bound-CBDT-Circulars-ITAT-taxscan.jpg "Income Tax Authorities Bound to Follow CBDT Circulars: ITAT [Read Order]")
Interest Expenditure not to be Treated as Capital Expenditure: ITAT upholds Allowance [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, in an appeal filed before it, held that interest expenditure is not to be treated as capital expenditure and hence that the same...
![Interest Expenditure not to be Treated as Capital Expenditure: ITAT upholds Allowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Interest-Expenditure-Capital-Expenditure-ITAT-taxscan.jpg "Interest Expenditure not to be Treated as Capital Expenditure: ITAT upholds Allowance [Read Order]")
Maintenance Charges derived from Letting out Services taxable under the head ‘Income from Other Sources’: ITAT [Read Order]
Maintenance charges derived from letting out services taxable under the head “income from other sources”, the Chennai Bench of the Income Tax Appellate Tribunal (ITAT) held as above. Shri R....
![Maintenance Charges derived from Letting out Services taxable under the head ‘Income from Other Sources’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Maintenance-Charges-Services-taxable-Income-ITAT-taxscan.jpg "Maintenance Charges derived from Letting out Services taxable under the head ‘Income from Other Sources’: ITAT [Read Order]")
Leadership Training Receipts are not chargeable to Tax as per Article 12(4)(b) of the DTAA between India and Portuguese: ITAT [Read Order]
Leadership training receipts are not chargeable to tax as per Article 12(4)(b) of the DTAA between India and Portuguese, the Pune Bench of the Income Tax Appellate Tribunal (ITAT)has held as above. ...
![Leadership Training Receipts are not chargeable to Tax as per Article 12(4)(b) of the DTAA between India and Portuguese: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Leadership-Training-Tax-DTAA-Portuguese-ITAT-TAXSCAN.jpg "Leadership Training Receipts are not chargeable to Tax as per Article 12(4)(b) of the DTAA between India and Portuguese: ITAT [Read Order]")
Cash found in Locker belongs to Mother of Assessee: ITAT deletes Income Tax Addition on Unexplained Cash [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi deleted addition on unexplained cash on the cash found in locker belongs to mother of assessee, Komal Nagpal. The core issue in this case...
![Cash found in Locker belongs to Mother of Assessee: ITAT deletes Income Tax Addition on Unexplained Cash [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Cash-found-Assessee-ITAT-Income-Tax-Unexplained-Cash-TAXSCAN.jpeg "Cash found in Locker belongs to Mother of Assessee: ITAT deletes Income Tax Addition on Unexplained Cash [Read Order]")
Proof of Source of Money and Identity of Creditors by Assessee: ITAT upholds deletion of Income Tax Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai upheld the deletion of addition on proof of source of money and identity of creditors by assessee. The assessee, M/s. Sporting Pastime India Ltd...
![Proof of Source of Money and Identity of Creditors by Assessee: ITAT upholds deletion of Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Source-of-Money-Creditors-ITAT-Income-Tax-Addition-taxscan.jpg "Proof of Source of Money and Identity of Creditors by Assessee: ITAT upholds deletion of Income Tax Addition [Read Order]")
![Gratuity Entitled for Income Tax Deduction u/s 36 (1)(va): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Gratuity-Income-Tax-Deduction-ITAT-taxscan.jpeg "Gratuity Entitled for Income Tax Deduction u/s 36 (1)(va): ITAT [Read Order]")