ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![1190 Days Delay in Filing Appeal due to Medical Reason: ITAT Remands Escapement of Income Notice u/s 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-Act-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "1190 Days Delay in Filing Appeal due to Medical Reason: ITAT Remands Escapement of Income Notice u/s 148 of Income Tax Act [Read Order]")
1190 Days Delay in Filing Appeal due to Medical Reason: ITAT Remands Escapement of Income Notice u/s 148 of Income Tax Act [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) remanded an Escapement of Income notice under section 148 of the Income Tax Act,...
![Pending Assessment get Abated u/S 153 A of Income Tax Act, after Conducting Search and obtaining Information: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-Delhi-Pending-Assessment-Income-Tax-Assessment-ITAT-Delhi-ruling-on-pending-assessment-TAXSCAN.jpg "Pending Assessment get Abated u/S 153 A of Income Tax Act, after Conducting Search and obtaining Information: ITAT [Read Order]")
![LTCG without indexing Cost of Acquisition is to be considered for computing Tax Liability u/s 115JB of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Long-Term-Capital-Gain-ITAT-ITAT-Mumbai-Tax-liability-Income-Tax-Cost-of-Acquisition-LTCG-without-indexing-Cost-of-Acquisition-Computing-tax-liability-LTCG-TAXSCAN.jpg "LTCG without indexing Cost of Acquisition is to be considered for computing Tax Liability u/s 115JB of Income Tax Act: ITAT [Read Order]")
![“Live Rights” not “Copyright”, any Payment made not Taxable as Royalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-Delhi-Live-Rights-Copyright-Royalty-fee-Royalty-tax-Tax-news-Royalty-TAXSCAN.jpg "“Live Rights” not “Copyright”, any Payment made not Taxable as Royalty: ITAT [Read Order]")
Set back to Bajaj Auto: ITAT allows Deduction u/s 80 IA of Income Tax Act after deducting Depreciation from Profits of eligible undertakings [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) delivered a setback to Bajaj Auto by allowing the deduction under Section 80 IA of the Income Tax Act 1961 only after deducting...
![Set back to Bajaj Auto: ITAT allows Deduction u/s 80 IA of Income Tax Act after deducting Depreciation from Profits of eligible undertakings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Bajaj-auto-ITAT-ITAT-Mumbai-Income-tax-act-Income-tax-on-bajaj-auto-Income-tax-deduction-on-depreciation-TAXCSAN.jpg "Set back to Bajaj Auto: ITAT allows Deduction u/s 80 IA of Income Tax Act after deducting Depreciation from Profits of eligible undertakings [Read Order]")
![ITAT allows Deduction u/S 80G of Income Tax Act on CSR expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-Mumbai-Income-tax-act-ITAT-allows-deduction-Deduction-CSR-expenses-Corporate-Social-Responsibility-expenses-TAXSCAN.jpg "ITAT allows Deduction u/S 80G of Income Tax Act on CSR expenses [Read Order]")
Failure to file Form no. 10CCB along with Return of Income: ITAT upholds disallowance of deduction u/s 80IC [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Chennai while upheld the disallowance of deduction claimed under Section 80IC of the Income Tax Act, 1961 held that the assessee failed to file Form...
![Failure to file Form no. 10CCB along with Return of Income: ITAT upholds disallowance of deduction u/s 80IC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-Chennai-ITAT-upholds-disallowance-of-Deduction-Income-tax-Return-of-income-Failure-to-file-Form-Disallowance-of-Deduction-TAXSCAN.jpeg "Failure to file Form no. 10CCB along with Return of Income: ITAT upholds disallowance of deduction u/s 80IC [Read Order]")
Assessment completed routine and mechanical manner without due diligence and due application of mind: ITAT Upholds Revision order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench while sustaining the revision order passed under section 263 of the Income Tax Act , 1961 held that the assessment was completed in a...
![Assessment completed routine and mechanical manner without due diligence and due application of mind: ITAT Upholds Revision order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Upholds-Revision-order-Income-Tax-Appellate-Tribunal-ITAT-mumbai-TAXSCAN.jpg "Assessment completed routine and mechanical manner without due diligence and due application of mind: ITAT Upholds Revision order [Read Order]")
No addition shall be made u/s 68 of Income tax act on basis of statement of third party with respect to Sale of Shares carried through proper Banking Channel: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Mumbai bench ruled that no addition should be made under Section 68 of the income Tax Act , 1961 on the basis of statement of third party with...
![No addition shall be made u/s 68 of Income tax act on basis of statement of third party with respect to Sale of Shares carried through proper Banking Channel: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-Mumbai-Income-tax-Shares-Banking-channels-Sale-of-shares-TAXSCAN.jpg "No addition shall be made u/s 68 of Income tax act on basis of statement of third party with respect to Sale of Shares carried through proper Banking Channel: ITAT [Read Order]")
![TDS u/S 194 C of Income tax act is applicable on CAM charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-Delhi-Income-tax-TDS-Common-area-maintenance-charges-Income-tax-act-is-applicable-on-CAM-charges-ITAT-ruling-on-TDS-TAXSCAN-1.jpg "TDS u/S 194 C of Income tax act is applicable on CAM charges: ITAT [Read Order]")