ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Reasonable Opportunity of Hearing to be Compulsory Observed: ITAT Remands Toshiba’s Appeal to CIT(A) for want of Compliance of Natural Justice Principles [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Reasonable-Opportunity-Of-Hearing-ITAT-Toshibas-Appeal-CITA-Natural-Justice-Principles-Taxscan.jpg "Reasonable Opportunity of Hearing to be Compulsory Observed: ITAT Remands Toshiba’s Appeal to CIT(A) for want of Compliance of Natural Justice Principles [Read Order]")
Reasonable Opportunity of Hearing to be Compulsory Observed: ITAT Remands Toshiba’s Appeal to CIT(A) for want of Compliance of Natural Justice Principles [Read Order]
The Income Tax Appellate Tribunal ‘B’ Bench, Chennai, has, while allowing the appeals of an assessee, held that reasonable opportunity of being heard...
![Once Income Declared and Income Tax Return Filed, Penalty u/s 271 (1) (C) not to be Later Levied: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Income-Return-Penalty-ITAT.jpg "Once Income Declared and Income Tax Return Filed, Penalty u/s 271 (1) (C) not to be Later Levied: ITAT [Read Order]")
![Reopening of Assessment not to be made on Mere Change of Opinion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Reopening-Of-Assessment-ITAT-Taxscan-ReAssessment.jpeg "Reopening of Assessment not to be made on Mere Change of Opinion: ITAT [Read Order]")
![Entire expenses claimed as Compensation and Tenant Payment not to be capitalised as WIP: ITAT orders Fresh Examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Compensation-Tenant-Payment-WIP-ITAT-fresh-examination-taxscan.jpeg "Entire expenses claimed as Compensation and Tenant Payment not to be capitalised as WIP: ITAT orders Fresh Examination [Read Order]")
![Penalty u/s 271(1)(c) not sustainable in the absence of Concealment or Furnishing of inaccurate particulars of Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-concealment-income-ITAT-taxscan.jpeg "Penalty u/s 271(1)(c) not sustainable in the absence of Concealment or Furnishing of inaccurate particulars of Income: ITAT [Read Order]")
ITAT upholds Disallowance of Bogus Purchase which has No Implication in Income Accounted for Work in Progress [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) upheld the disallowance of bogus purchases which have no implication in income accounted for work in progress. The appeal and the Cross...
![ITAT upholds Disallowance of Bogus Purchase which has No Implication in Income Accounted for Work in Progress [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Bogus-Purchase-income-accounted-taxscan.jpeg "ITAT upholds Disallowance of Bogus Purchase which has No Implication in Income Accounted for Work in Progress [Read Order]")
![Relief to Raw Pressery: ITAT sets aside Addition of Rupees 115 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Relief-to-Raw-Pressery-ITAT-taxscan.jpg "Relief to Raw Pressery: ITAT sets aside Addition of Rupees 115 Cr [Read Order]")
Capital Gain Exemption u/s 54 allowable on amount Invested in Construction of Residential House: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) comprising N K Billaiya (Accountant Member) and Astha Chandra (Judicial Member), upholding an order of the CIT(A), held in favor of the...
![Capital Gain Exemption u/s 54 allowable on amount Invested in Construction of Residential House: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-gain-Exemption-Residential-House-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54 allowable on amount Invested in Construction of Residential House: ITAT [Read Order]")
Assessment not to Exceed the Scope of Prescribed ‘Limited’ Scrutiny, Except as per the Due Process of Law: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Pune has recently while allowing an appeal filed before it, held that the assessment shall not exceed the scope of prescribed limited scrutiny, except as...
![Assessment not to Exceed the Scope of Prescribed ‘Limited’ Scrutiny, Except as per the Due Process of Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Assessment-Scrutiny-Law-ITAT-taxscan.jpeg "Assessment not to Exceed the Scope of Prescribed ‘Limited’ Scrutiny, Except as per the Due Process of Law: ITAT [Read Order]")
![ÂÂRoyalty Expenditure is Revenue in Nature, Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Royalty-Expenditure-Revenue-Taxable-ITAT-TAXSCAN.jpg "ÂÂRoyalty Expenditure is Revenue in Nature, Taxable: ITAT [Read Order]")
Late Filing of Appeal on belief that Form 10CCB, to be filed Manually: ITAT condones delay of 314 days [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench condoned delay of 314 days on the ground that the assessee filed late appeal on belief that Form 10CCB was to be filed manually. The...
![Late Filing of Appeal on belief that Form 10CCB, to be filed Manually: ITAT condones delay of 314 days [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/appeal-Form-10CCB-ITAT-condones-delay-taxscan.jpeg "Late Filing of Appeal on belief that Form 10CCB, to be filed Manually: ITAT condones delay of 314 days [Read Order]")
![Discount on ESOP Amounts to Expense, Income Tax Deduction allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Discount-ESOP-expense-Deduction-ITAT-taxscan.jpg "Discount on ESOP Amounts to Expense, Income Tax Deduction allowable: ITAT [Read Order]")