ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Acceptance of Information by Assessee on Source of Cash Deposits by AO without enquiry: ITAT upholds Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Assessee-Cash-Deposits-AO-enquiry-ITAT-Revision-Order-taxscan.jpeg "Acceptance of Information by Assessee on Source of Cash Deposits by AO without enquiry: ITAT upholds Revision Order [Read Order]")
Acceptance of Information by Assessee on Source of Cash Deposits by AO without enquiry: ITAT upholds Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore upheld the revision order by Principal Commissioner of Income Tax (PCIT) as there was acceptance...
![Failure in Payment of Advance Tax towards Unexpected Income doesnt attract Interest u/s 243C(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/payment-advance-tax-ITAT-taxscan.jpg "Failure in Payment of Advance Tax towards Unexpected Income doesnt attract Interest u/s 243C(1): ITAT [Read Order]")
![Addition made on personal belief and imagination by AO: ITAT deletes Addition of Rupees One Crore [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Addition-AO-ITAT-taxscan.jpg "Addition made on personal belief and imagination by AO: ITAT deletes Addition of Rupees One Crore [Read Order]")
![Assessment Order without considering Amalgamation Scheme is not Valid: ITAT upholds Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Assessment-order-amalgamation-scheme-ITAT-CITA-Taxscan.jpg "Assessment Order without considering Amalgamation Scheme is not Valid: ITAT upholds Order of CIT(A) [Read Order]")
![Insurance Premium paid which wasn’t claimed Deduction u/s 80C cant be taxed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Insurance-Premium-Insurance-Premium-claimed-deduction-us-80C-Insurance-Premium-cannot-be-taxed-ITAT.jpg "Insurance Premium paid which wasn’t claimed Deduction u/s 80C cant be taxed: ITAT [Read Order]")
Reasonable opportunity not given before rejecting the claim u/s 80IA, Order by AIDT does not sustain: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench has held that the order by the AIDT will not sustain as it was rejecting the claim under section 80I A of the Income Tax Act,1961 without...
![Reasonable opportunity not given before rejecting the claim u/s 80IA, Order by AIDT does not sustain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/AIDT-ITAT-taxscan.jpg "Reasonable opportunity not given before rejecting the claim u/s 80IA, Order by AIDT does not sustain: ITAT [Read Order]")
![Failure to Pay Court Fees despite ample opportunities: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/court-fees-ITAT-appeal-taxscan.jpeg "Failure to Pay Court Fees despite ample opportunities: ITAT dismisses Appeal [Read Order]")
No Disallowance of Expenses on basis of Lack of Business Activity or Non-Reporting Income under PGBP: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that no disallowance of expenses on basis of lack of business activity or non-reporting income under Profit and gains of business or...
![No Disallowance of Expenses on basis of Lack of Business Activity or Non-Reporting Income under PGBP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Disallowance-Expenses-Business-Activity-Income-PGBP-ITAT-taxscan.jpg "No Disallowance of Expenses on basis of Lack of Business Activity or Non-Reporting Income under PGBP: ITAT [Read Order]")
Failure to file valid Income Tax Return or revised Return: ITAT disallows claim u/s 801A [Read Order]
The Income Tax Appellate Tribunal (ITAT), Rajkot bench disallowed the claim under Section 801 A of the Income Tax Act, 1961 on the ground that there was a failure to file valid Income Tax Returns or...
![Failure to file valid Income Tax Return or revised Return: ITAT disallows claim u/s 801A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/return-of-income-revised-return-of-income-ITAT-taxscan.jpg "Failure to file valid Income Tax Return or revised Return: ITAT disallows claim u/s 801A [Read Order]")
No Cognitive Evidence which proves change in Stock Valuation method: ITAT upholds Order of CIT(A) [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench has upheld the order of CIT(A) which deletes the addition, as there was no cognitive evidence which proves the change in the stock valuation...
![No Cognitive Evidence which proves change in Stock Valuation method: ITAT upholds Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/cognitive-evidence-stock-valuation-method-ITAT-CITA.jpg "No Cognitive Evidence which proves change in Stock Valuation method: ITAT upholds Order of CIT(A) [Read Order]")
Exemption u/s 80P is allowable, If delay in Filing Income Tax Return is condoned by Competent Authority: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Banglore bench ruled that the exemption under section 80 P of the Income Tax Act,1961 is allowable if it is condoned by the competent authority. The...
![Exemption u/s 80P is allowable, If delay in Filing Income Tax Return is condoned by Competent Authority: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Income-Tax-Return-competent-authority-ITAT-taxscan.jpeg "Exemption u/s 80P is allowable, If delay in Filing Income Tax Return is condoned by Competent Authority: ITAT [Read Order]")
Claim for Deduction on Land vacation Compensation Charges allowed without specific enquiry: ITAT upholds Revisional Order
Claim for deduction on account of land vacation compensation charges allowed without specific enquiry by the AO, the Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) upheld the revisional...
