ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Interest on Income Tax not allowable as Deduction u/s 40(a)(ii): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Interest-Income-Tax-Deduction-ITAT-taxscan.jpeg "Interest on Income Tax not allowable as Deduction u/s 40(a)(ii): ITAT [Read Order]")
Interest on Income Tax not allowable as Deduction u/s 40(a)(ii): ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the interest on income tax cannot be allowable as deduction under section...
![Subsidy allowed can be treated as Capital Receipt: Delhi HC confirms Permission granted by ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Subsidy-Capital-Receipt-Delhi-HC-ITAT-taxscan.jpeg "Subsidy allowed can be treated as Capital Receipt: Delhi HC confirms Permission granted by ITAT [Read Order]")
![Deduction u/s 54F is allowable on Purchase of Property Outside India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Deduction-Purchase-of-Property-ITAT-taxscan.jpg "Deduction u/s 54F is allowable on Purchase of Property Outside India: ITAT [Read Order]")
![Serving of Liqour on Seminars conducted by Federation of Delhi Textile Merchants is not Charitable Activity: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Serving-of-Liqour-on-Seminars-conducted-by-Federation-of-Delhi-Textile-Merchants-Charitable-Activity-ITAT-Adjudication-taxscan.jpg "Serving of Liqour on Seminars conducted by Federation of Delhi Textile Merchants is not Charitable Activity: ITAT directs Fresh Adjudication [Read Order]")
![Payment made for Usage of Software is Revenue Expenditure: ITAT allows Income Tax Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Payment-software-revenue-expenditure-deduction-ITAT-taxscan.jpeg "Payment made for Usage of Software is Revenue Expenditure: ITAT allows Income Tax Deduction [Read Order]")
Application of Income from Surplus Funds for maintenance of Commercial Property for Charitable Purpose, liable to Exemption u/s 11: ITAT
The Income Tax Appellate Tribunal (ITAT), Pune Bench held that the application of income from surplus funds on additions to building for charitable, liable to an exemption under Section 11 of Income...
PCIT cannot impose his own Understanding of extent of inquiry u/s 263: ITAT quashes Revisionary Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Rajkot Bench quashed the revisionary order and held that the Principal Commissioner of Income Tax (PCIT) cannot impose his own understanding of the extent of...
![PCIT cannot impose his own Understanding of extent of inquiry u/s 263: ITAT quashes Revisionary Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/PCIT-ITAT-revisionary-order-taxscan.jpg "PCIT cannot impose his own Understanding of extent of inquiry u/s 263: ITAT quashes Revisionary Order [Read Order]")
Profit from Bogus Purchase through Alleged Hawala Dealers are subject to Income Tax: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the profit element from bogus purchases made through the hawala dealers are subject to income tax. The assessee, Dhanesh...
![Profit from Bogus Purchase through Alleged Hawala Dealers are subject to Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Profit-Bogus-Purchase-Hawala-Dealers-Income-Tax-ITAT.jpg "Profit from Bogus Purchase through Alleged Hawala Dealers are subject to Income Tax: ITAT [Read Order]")
![Payment made to Non-Resident not having PE in India not Royalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Payment-non-resident-royalty-ITAT-taxscan.jpg "Payment made to Non-Resident not having PE in India not Royalty: ITAT [Read Order]")
Deduction u/s 54 allowable on Multiple Residential Houses built in same physical location and contiguous place: ITAT [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT) upheld the CIT(A) order which allowed the deduction under section 54 of the Income Tax Act,1961 on multiple residential houses built in...
![Deduction u/s 54 allowable on Multiple Residential Houses built in same physical location and contiguous place: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Deduction-multiple-residential-houses-ITAT.jpg "Deduction u/s 54 allowable on Multiple Residential Houses built in same physical location and contiguous place: ITAT [Read Order]")
![Payment of Internet and Telecom Charges does not attract TDS u/s 194J: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Payment-Internet-and-Telecom-Charges-TDS-ITAT-taxscan.jpeg "Payment of Internet and Telecom Charges does not attract TDS u/s 194J: ITAT [Read Order]")
No Evidence to Prove Status as Private Beneficiary Trust: ITAT Rejects claim to Tax in Individual Manner [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the claim of the assessee to be taxed individually is not sustainable when no evidence to prove their status as a private...
![No Evidence to Prove Status as Private Beneficiary Trust: ITAT Rejects claim to Tax in Individual Manner [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/evidence-private-beneficiary-trust-ITAT-taxscan.jpg "No Evidence to Prove Status as Private Beneficiary Trust: ITAT Rejects claim to Tax in Individual Manner [Read Order]")