ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![ITAT upholds Revision Order on failure of AO to conduct Verification during Assessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Revision-Order-AO-Verification-Assessment-Proceedings-TAXSCAN.jpg "ITAT upholds Revision Order on failure of AO to conduct Verification during Assessment Proceedings [Read Order]")
ITAT upholds Revision Order on failure of AO to conduct Verification during Assessment Proceedings [Read Order]
The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) upheld the revision order on failure of Assessing Officer (AO) to conduct...
![Sale of Usable Products and not Scrap: ITAT cancels TCS liability [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Sale-Products-Scrap-ITAT-TCS-liability-TAXSCAN.jpeg "Sale of Usable Products and not Scrap: ITAT cancels TCS liability [Read Order]")
![Revision u/s 263 on Ground of Failure to Collect TCS Invalid during Pendency of First Appeal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Revision-TCS-Appeal-ITAT-taxscan.jpg "Revision u/s 263 on Ground of Failure to Collect TCS Invalid during Pendency of First Appeal: ITAT [Read Order]")
![Contract by Exclusive Dealer of Bentley Cars with Indian Customers for Extended Warranty does not create a PE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Exclusive-Dealer-Bentley-Cars-Indian-Customers-Extended-Warranty-ITAT-TAXSCAN.jpg "Contract by Exclusive Dealer of Bentley Cars with Indian Customers for Extended Warranty does not create a PE: ITAT [Read Order]")
![Voluntarily Disallowance of CSR Expenditure u/s 37(1) by Assessee: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Disallowance-CSR-Expenditure-Assessee-ITAT-Income-Tax-Addition-taxscan.jpg "Voluntarily Disallowance of CSR Expenditure u/s 37(1) by Assessee: ITAT deletes Income Tax Addition [Read Order]")
Long Term Capital Gain from Sale of Equity Shares: ITAT denies Claim of Exemption u/s 10(38) [Read Order]
the Income Tax Appellate Tribunal (ITAT), Kolkata Bench denied claim of exemption under Section 10(38) of the Income Tax Act,1961 as there was long term capital gains from the sale of equity shares....
![Long Term Capital Gain from Sale of Equity Shares: ITAT denies Claim of Exemption u/s 10(38) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Long-Term-Capital-Gain-Sale-Equity-Shares-ITAT-taxscan.jpg "Long Term Capital Gain from Sale of Equity Shares: ITAT denies Claim of Exemption u/s 10(38) [Read Order]")
Imported Goods Re-Exported by a Unit Duly Approved by Development Commissioner of the Concerned SEZ, allowable for Exemption u/s 10AA: ITAT [Read Order]
The Income Tax Appellate Tribunal(ITAT), Mumbai Bench, has recently in an appeal filed before it, held that imported goods re-exported by a unit duly approved by development commissioner of the...
![Imported Goods Re-Exported by a Unit Duly Approved by Development Commissioner of the Concerned SEZ, allowable for Exemption u/s 10AA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Imported-Goods-Re-Export-Development-Commissioner-SEZ-ITAT-taxscan.jpg "Imported Goods Re-Exported by a Unit Duly Approved by Development Commissioner of the Concerned SEZ, allowable for Exemption u/s 10AA: ITAT [Read Order]")
![Software Development Expenditure is Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Software-Development-Expenditure-Revenue-ITAT-taxscan.jpg "Software Development Expenditure is Revenue in Nature: ITAT [Read Order]")
Relief to Sony Pictures: ITAT sets aside Assessment Order passed against Non-Existing entity [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench sets aside assessment order passed against non-existing entity and thereby granting relief to Sony Pictures Networks India Private Limited. ...
![Relief to Sony Pictures: ITAT sets aside Assessment Order passed against Non-Existing entity [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Sony-Pictures-ITAT-Assessment-Order-TAXSCAN.jpg "Relief to Sony Pictures: ITAT sets aside Assessment Order passed against Non-Existing entity [Read Order]")
Advance Pricing Agreement is applicable only for the specified period not exceeding five consecutive previous years: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the Advance Pricing Agreement is applicable only for the specified period not exceeding five consecutive previous years...
![Advance Pricing Agreement is applicable only for the specified period not exceeding five consecutive previous years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Advance-Pricing-Agreement-ITAT-taxscan.jpg "Advance Pricing Agreement is applicable only for the specified period not exceeding five consecutive previous years: ITAT [Read Order]")
Addition on Cash Deposit during Demonetisation is not permissible when opportunity to adduce evidence to prove the Source was given: ITAT [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT)has held that addition on cash deposit During Demonetisation is not permissible when the opportunity to adduce evidence to prove the...
![Addition on Cash Deposit during Demonetisation is not permissible when opportunity to adduce evidence to prove the Source was given: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Cash-Deposit-Demonetisationis-opportunity-evidence-ITAT-TAXSCAN.jpg "Addition on Cash Deposit during Demonetisation is not permissible when opportunity to adduce evidence to prove the Source was given: ITAT [Read Order]")
![An Amount Paid Based on a Percentage of Turnover or Profit is Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Amount-Turnover-Profit-ITAT-taxscan.jpg "An Amount Paid Based on a Percentage of Turnover or Profit is Revenue in Nature: ITAT [Read Order]")