ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![ITAT allows Additional Depreciation claimed for Windmill u/s 32(1)(iia) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-additional-depreciation-claim-windmill-taxscan.jpg "ITAT allows Additional Depreciation claimed for Windmill u/s 32(1)(iia) [Read Order]")
ITAT allows Additional Depreciation claimed for Windmill u/s 32(1)(iia) [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench allowed the additional depreciation claimed for windmills u/s 32(1)(iia) of the Income Tax...
![Capital Gain cant be Taxed when actual possession of Property is not Transferred as per the Agreement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Capital-gain-possession-of-the-property-agreement-ITAT-taxscan.jpg "Capital Gain cant be Taxed when actual possession of Property is not Transferred as per the Agreement: ITAT [Read Order]")
![Failure to file Form No.10B Electronically: ITAT upholds Denial of Exemption claimed u/s 11 and 12 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Form-No.10B-ITAT-claim-taxscan.jpeg "Failure to file Form No.10B Electronically: ITAT upholds Denial of Exemption claimed u/s 11 and 12 [Read Order]")
![Accounts were closed prior to Write-off of Advances: ITAT upholds Disallowance of Write-off [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Accounts-advances-ITAT-Write-off-taxscan.jpg "Accounts were closed prior to Write-off of Advances: ITAT upholds Disallowance of Write-off [Read Order]")
![ITAT allows Capital Gain Exemption u/s 54B on Sale of Agricultural Land even if Land is cultivated for some days during Relevant Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-agricultural-land-taxscan.jpg "ITAT allows Capital Gain Exemption u/s 54B on Sale of Agricultural Land even if Land is cultivated for some days during Relevant Years [Read Order]")
ITAT quashes Levy of Penalty u/s 271(1)(c) without mentioning Specific Charge in the Notice issued u/s 274 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench presided by Mr. Challa Nagendra Prasad, Judicial Member has quashed levy of penalty under section 271(1)(c) without mentioning specific charge in...
![ITAT quashes Levy of Penalty u/s 271(1)(c) without mentioning Specific Charge in the Notice issued u/s 274 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Penalty-Notice-taxscan.jpeg "ITAT quashes Levy of Penalty u/s 271(1)(c) without mentioning Specific Charge in the Notice issued u/s 274 [Read Order]")
![Failure in Submission of Form-10CCB: ITAT confirms Income Tax Deduction u/s 80IB [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Form-10CCB-ITAT-deduction-us-80IB-taxscan.jpeg "Failure in Submission of Form-10CCB: ITAT confirms Income Tax Deduction u/s 80IB [Read Order]")
Unsecured Loans taken through Banking Channels from Directors / Shareholders: ITAT upholds Deletion of Addition u/s 68 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai has held that unsecured loans are taken through banking channels from Directors / Shareholders and upholds deletion of addition under section 68 of...
![Unsecured Loans taken through Banking Channels from Directors / Shareholders: ITAT upholds Deletion of Addition u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Unsecured-Loans-Banking-Shareholders-ITAT-taxscan.jpg "Unsecured Loans taken through Banking Channels from Directors / Shareholders: ITAT upholds Deletion of Addition u/s 68 [Read Order]")
![ITAT confirms Penalty levied u/s 271AAA on Admission of Undisclosed Income by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-penalty-Section-271-AAA-undisclosed-income-assesse-Taxscan.jpg "ITAT confirms Penalty levied u/s 271AAA on Admission of Undisclosed Income by Assessee [Read Order]")
No Evidence of Remission or Cessation of Liability: ITAT deletes Addition of Liability as Profits chargeable to Tax u/s 41(1) [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that no evidence of remission or cessation of liability and deleted the addition of liability as profits chargeable to tax under...
![No Evidence of Remission or Cessation of Liability: ITAT deletes Addition of Liability as Profits chargeable to Tax u/s 41(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Evidence-ITAT-Tax-taxscan.jpeg "No Evidence of Remission or Cessation of Liability: ITAT deletes Addition of Liability as Profits chargeable to Tax u/s 41(1) [Read Order]")
Trust Facilitating Financial Assistance to the Poor, to Access Housing Credit, Not Eligible For Registration u/s.12AA: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai, has recently ruled that a trust facilitating financial assistance to the poor, to access housing credit, is not eligible for getting a registration...
![Trust Facilitating Financial Assistance to the Poor, to Access Housing Credit, Not Eligible For Registration u/s.12AA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Financial-Assistance-Housing-Credit-ITAT-taxscan.jpeg "Trust Facilitating Financial Assistance to the Poor, to Access Housing Credit, Not Eligible For Registration u/s.12AA: ITAT [Read Order]")
