ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Addition on Discrepancy between Gross Receipts Shown in Income Tax Return and amount deducted as TDS or TCS: ITAT remits back matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/gross-receipts-return-of-income-TDS-or-TCS-ITAT-taxscan.jpeg "Addition on Discrepancy between Gross Receipts Shown in Income Tax Return and amount deducted as TDS or TCS: ITAT remits back matter [Read Order]")
Addition on Discrepancy between Gross Receipts Shown in Income Tax Return and amount deducted as TDS or TCS: ITAT remits back matter [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench remitted the matter back to the file as the addition was made on discrepancy between gross...
![Consideration received not Income deemed to accrue in India: ITAT holds Assessee not eligible for TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/income-ITAT-TDS-Taxscan.jpeg "Consideration received not Income deemed to accrue in India: ITAT holds Assessee not eligible for TDS [Read Order]")
![Addition u/s 69 towards Unexplained Investment not permissible in the absence of Corroborative Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/unexplained-investment-corroborative-evidence-ITAT-TAXSCAN.jpg "Addition u/s 69 towards Unexplained Investment not permissible in the absence of Corroborative Evidence: ITAT [Read Order]")
![Capital Gain Exemption cannot be denied on ground of Delay in Registration of New Property for reasons beyond control: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-gain-exemption-registration-property-ITAT-TAXSCAN.jpg "Capital Gain Exemption cannot be denied on ground of Delay in Registration of New Property for reasons beyond control: ITAT [Read Order]")
Consideration received not Income Deemed to accrue in India: ITAT holds Assessee not eligible for TDS [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore held assessee, M/s Subex Technologies Limited not eligible for TDS on the ground that the consideration received was not income deemed to accrue in...
![Consideration received not Income Deemed to accrue in India: ITAT holds Assessee not eligible for TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/received-income-deemed-ITAT-assessee-eligible-TDS-TAXSCAN.jpg "Consideration received not Income Deemed to accrue in India: ITAT holds Assessee not eligible for TDS [Read Order]")
Section 195 has no application once TDS has been made on Salary: Delhi HC upholds order of ITAT [Read Order]
Section 195 of the Income Tax Act has no application once the nature of payment determined as salary and TDS has been made under Section 192, the Delhi High Court upheld the order of ITAT in deleting...
![Section 195 has no application once TDS has been made on Salary: Delhi HC upholds order of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Salary-application-TDS-Delhi-HC-ITAT-TAXSCAN.jpeg "Section 195 has no application once TDS has been made on Salary: Delhi HC upholds order of ITAT [Read Order]")
![Premium on Forward Exchange Contracts can be Deducted as Expense: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Premium-exchange-contracts-ITAT-taxscan.jpeg "Premium on Forward Exchange Contracts can be Deducted as Expense: ITAT [Read Order]")
Disclosure of Undisclosed by Other Persons during Search Not Binding on Assessee, Penalty u/s 271AAB Not Leviable: ITAT [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that the penalty under section 271AAB of the Income Tax Act, 1961 is not leviable on the basis of disclosure...
![Disclosure of Undisclosed by Other Persons during Search Not Binding on Assessee, Penalty u/s 271AAB Not Leviable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Assessee-Penalty-ITAT-TAXSCAN.jpg "Disclosure of Undisclosed by Other Persons during Search Not Binding on Assessee, Penalty u/s 271AAB Not Leviable: ITAT [Read Order]")
ITAT declares DCF Method Valuation report as Valid, which provides basis for Computation of Projection and Growth Factors [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has declared that the DCF method valuation report is valid as it provides the basis for the computation of projection and growth factors. ...
![ITAT declares DCF Method Valuation report as Valid, which provides basis for Computation of Projection and Growth Factors [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-DCF-Method-Valuation-report-Projection-taxscan.jpeg "ITAT declares DCF Method Valuation report as Valid, which provides basis for Computation of Projection and Growth Factors [Read Order]")
Primary object is Advancement of General Public Utility: ITAT grants Registration to District Bar Association u/s 12AA [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh grants registration to society under Section 12AA of the Income Tax Act, 1961 as Primary object is advancement of general public utility. The...
![Primary object is Advancement of General Public Utility: ITAT grants Registration to District Bar Association u/s 12AA [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/General-Public-Utility-ITAT-Registration-District-Bar-Association-taxscan.jpg "Primary object is Advancement of General Public Utility: ITAT grants Registration to District Bar Association u/s 12AA [Read Order]")
Deposits were made from Past Savings and Earnings of entire family for Study Visa requirement of son: ITAT deletes Income Tax Addition [Read Order]
In an assessee friendly ruling, the Income Tax Appellate Tribunal (ITAT), Chandigarh deleted addition of Rupees Three Lakhs as Deposits were made from past savings and earnings of entire family for...
![Deposits were made from Past Savings and Earnings of entire family for Study Visa requirement of son: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Deposits-Savings-and-Earnings-Study-Visa-requirement-ITAT-Income-Tax-Addition-taxscan.jpeg "Deposits were made from Past Savings and Earnings of entire family for Study Visa requirement of son: ITAT deletes Income Tax Addition [Read Order]")