ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Generation of Electricity is Manufacture, eligible for Income Tax Deduction u/s 32AC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Electricity-Manufacture-Income-Tax-Deduction-ITAT-taxscan.jpeg "Generation of Electricity is Manufacture, eligible for Income Tax Deduction u/s 32AC: ITAT [Read Order]")
Generation of Electricity is Manufacture, eligible for Income Tax Deduction u/s 32AC: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench held that generation of electricity is manufacture, eligible for deduction under Section...
![No Claim of Capital Loss when revised Income Tax Return filed u/s 139(5) became non-est: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Claim-Capital-Loss-Income-Tax-Return-non-est-ITAT-taxscan.jpg "No Claim of Capital Loss when revised Income Tax Return filed u/s 139(5) became non-est: ITAT [Read Order]")
![Due intimation given on Amalgamation of Company: ITAT treats Assessment Order as null and void [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Amalgamation-ITAT-Assessment-Order-void-taxscan.jpg "Due intimation given on Amalgamation of Company: ITAT treats Assessment Order as null and void [Read Order]")
![Casual and Cavalier attitude of Assessee: ITAT directs to pay Rs 2000 to PM Relief Fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Assessee-ITAT-PM-Relief-Fund-taxscan.jpg "Casual and Cavalier attitude of Assessee: ITAT directs to pay Rs 2000 to PM Relief Fund [Read Order]")
![ITAT considers Revised Tax Audit Report as Additional Evidence as it is vital piece of evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Revised-Tax-Audit-Report-evidence-taxscan.jpg "ITAT considers Revised Tax Audit Report as Additional Evidence as it is vital piece of evidence [Read Order]")
![No Proof of Delivery and Service of Notice: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Service-Notice-ITAT-Penalty-taxscan.jpeg "No Proof of Delivery and Service of Notice: ITAT deletes Penalty [Read Order]")
Rental Income not to be Assessed as ‘Business Income’, Adjustment Made u/s 143(3) Unsustainable in Law: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench, has recently, in an appeal filed before it, held that rental income shall not to be assessed as ‘business income’, and that adjustment made u/s...
![Rental Income not to be Assessed as ‘Business Income’, Adjustment Made u/s 143(3) Unsustainable in Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Rental-Income-Business-Income-ITAT-Taxscan.jpeg "Rental Income not to be Assessed as ‘Business Income’, Adjustment Made u/s 143(3) Unsustainable in Law: ITAT [Read Order]")
Demise of Tax Auditor is reasonable cause in failure to upload Tax Audit Report on the Portal of Income Tax: ITAT [Read Order]
Demise of tax auditor is reasonable cause in failure to upload tax audit report on the portal of Income Tax, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held as above. Abha...
![Demise of Tax Auditor is reasonable cause in failure to upload Tax Audit Report on the Portal of Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Tax-Auditor-Tax-Audit-Report-Income-Tax-ITAT-taxscan.jpeg "Demise of Tax Auditor is reasonable cause in failure to upload Tax Audit Report on the Portal of Income Tax: ITAT [Read Order]")
Capital Gain Exemption u/s 54 B is not permissible on Investment made in Name of Grandson: ITAT [Read Order]
Capital Gain Exemption u/s 54 B is not permissible on the investment made in name of the grandson, the Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has held as above. In response...
![Capital Gain Exemption u/s 54 B is not permissible on Investment made in Name of Grandson: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-Gian-Exemption-Investment-Grandson-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54 B is not permissible on Investment made in Name of Grandson: ITAT [Read Order]")
Relief to Dredging Corporation of India: ITAT rules Liquidated Damages not core Activity of Shipping and not part for Computation in Tonnage Tax [Read Order]
The Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench ruled that liquidated damages not core activity of shipping and not part for computation in tonnage tax, thereby granting relief to M/s...
![Relief to Dredging Corporation of India: ITAT rules Liquidated Damages not core Activity of Shipping and not part for Computation in Tonnage Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-rules-liquidated-damages-activity-shipping-part-tax-TAXSCAN.jpg "Relief to Dredging Corporation of India: ITAT rules Liquidated Damages not core Activity of Shipping and not part for Computation in Tonnage Tax [Read Order]")
Professional Commitments of Auditor not 'Reasonable Cause' for Condonation of Delay of 649 Days: ITAT dismisses Appeals of two Assessees [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has recently dismissed the appeals of two assessees, as the ‘professional commitments’ of the auditor was no reasonable cause for...
![Professional Commitments of Auditor not Reasonable Cause for Condonation of Delay of 649 Days: ITAT dismisses Appeals of two Assessees [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Auditor-Condonation-of-Delay-ITAT-Taxscan.jpeg "Professional Commitments of Auditor not Reasonable Cause for Condonation of Delay of 649 Days: ITAT dismisses Appeals of two Assessees [Read Order]")
