ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
CIT(A) order accepting Additional Evidence in Violation of Rule 46A of Income Tax Rules not valid: ITAT sets aside Order
CIT(A) order accepting Additional evidence in violation of rule 46A of Income Tax Rules not valid, the Mumbai Bench of the Income Tax Appellate...
![Provisions of Section 41(1) cannot apply when liability is still payable to Sundry Creditor and not written off in Books of Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/liability-still-payable-Books-of-Account-ITAT-TAXSCAN.jpeg "Provisions of Section 41(1) cannot apply when liability is still payable to Sundry Creditor and not written off in Books of Account: ITAT [Read Order]")
![Not clear about loss occurred due to Embezzlement by Employees, the claim of Loss made by employee not allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/loss-Embezzlement-claim-employee-ITAT-taxscan.jpg "Not clear about loss occurred due to Embezzlement by Employees, the claim of Loss made by employee not allowable: ITAT [Read Order]")
![Reassessment proceeding is not valid when there is no connection between recorded reason and Addition of the Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Reassessment-Income-ITAT-taxscan.jpg "Reassessment proceeding is not valid when there is no connection between recorded reason and Addition of the Income: ITAT [Read Order]")
Adopting the Circle Rate of the Property is violation of 56(2)(viib): ITAT upholds Order of CIT(A) [Read Order]
Adopting the circle rate of the property is a violation of 56(2)(viib), the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the order of CIT(A)which deleted the addition of...
![Adopting the Circle Rate of the Property is violation of 56(2)(viib): ITAT upholds Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Adopting-Circle-Rate-Property-violation-ITAT-upholds-CITA-TAXSCAN.jpg "Adopting the Circle Rate of the Property is violation of 56(2)(viib): ITAT upholds Order of CIT(A) [Read Order]")
Agreement which goes to root of matter cannot be brushed aside lightly: ITAT directs to consider Trade Mark Licence Agreement [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench ruled that agreement which goes to root of matter cannot be brushed aside lightly and directed the Assessing Officer to consider Trade Mark...
![Agreement which goes to root of matter cannot be brushed aside lightly: ITAT directs to consider Trade Mark Licence Agreement [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Agreement-ITAT-Trade-Mark-Licence-Agreement-taxscan.jpg "Agreement which goes to root of matter cannot be brushed aside lightly: ITAT directs to consider Trade Mark Licence Agreement [Read Order]")
Segregation of Expenditure not sufficient reason to deny the benefit u/s 35(2AB): ITAT uphold allowance of weighted Deduction of Expenditure on Serum Institute of India
Segregation of Expenditure, not sufficient reason to deny the benefit under section 35(2AB) of the Income Tax Act,1961, ruled the Pune Bench of the Income Tax Appellate Tribunal (ITAT) and upheld the...
No proof that Assessee has not earned any Exempt Income for relevant Assessment Year: ITAT restores matter to AO [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT), restored matter to the Assessing Officer (AO), as there was no proof that assessee has not earned any exempt income for relevant...
![No proof that Assessee has not earned any Exempt Income for relevant Assessment Year: ITAT restores matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/proof-Assessee-Exempt-Income-relevant-Assessment-ITAT-restores-matter-AO-TAXSCAN.jpeg "No proof that Assessee has not earned any Exempt Income for relevant Assessment Year: ITAT restores matter to AO [Read Order]")
No Examination of Weighted Deduction claim u/s 35(2AB): ITAT confirms Revision Order [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ), confirmed the Revision Order as there was no examination of weighted deduction claim under Section 35(2AB) of the Income Tax Act, 1961....
![No Examination of Weighted Deduction claim u/s 35(2AB): ITAT confirms Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Weighted-Deduction-claim-ITAT-Revision-Order-taxscan.jpg "No Examination of Weighted Deduction claim u/s 35(2AB): ITAT confirms Revision Order [Read Order]")
![No Objection on Disallowance under section 14A: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Objection-Disallowance-ITAT-Penalty-TAXSCAN.jpg "No Objection on Disallowance under section 14A: ITAT deletes Penalty [Read Order]")
![Amount already offered to Tax by Assessee: ITAT quashes revision order by PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Tax-Assessee-ITAT-PCIT-TAXSCAN.jpeg "Amount already offered to Tax by Assessee: ITAT quashes revision order by PCIT [Read Order]")