ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Delay of 135 days due to Misplacement of Assessment Order by Advocate: ITAT condones delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Assessment-order-Advocate-ITAT-taxscan.jpg "Delay of 135 days due to Misplacement of Assessment Order by Advocate: ITAT condones delay [Read Order]")
Delay of 135 days due to Misplacement of Assessment Order by Advocate: ITAT condones delay [Read Order]
Income Tax Appellate Tribunal (ITAT), New Delhi bench consisting of Shamim Yahya, Accountant Member and Yogesh Kumar US, Judicial Member condoned...
![Re-Assessment is Invalid If Satisfaction recorded in Mechanical Manner without Application of Mind: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/application-of-mind-notice-ITAT-assessment-taxscan.jpg "Re-Assessment is Invalid If Satisfaction recorded in Mechanical Manner without Application of Mind: ITAT [Read Order]")
![Re-Assessment based on mere Change of Opinion is not Valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/assessment-order-ITAT-taxscan.jpeg "Re-Assessment based on mere Change of Opinion is not Valid: ITAT [Read Order]")
![Expenses incurred for Licence of Software, revenue in nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Expenses-licence-of-software-ITAT-taxscan.jpg "Expenses incurred for Licence of Software, revenue in nature: ITAT [Read Order]")
Cash Deposits during Demonetization Period: No Addition if AO Accepted Documents and BoA containing Cash Credits, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh bench held that addition in respect of unexplained cash credit under sections 68 and 69A of the Income Tax Act, 1961 cannot be made when documents...
![Cash Deposits during Demonetization Period: No Addition if AO Accepted Documents and BoA containing Cash Credits, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/documents-books-of-account-AO-ITAT-taxscan.jpeg "Cash Deposits during Demonetization Period: No Addition if AO Accepted Documents and BoA containing Cash Credits, rules ITAT [Read Order]")
Re-Assessment Framed for Escapement of Income by Share Trading Business which does not belong to Assessee: ITAT sets aside proceedings u/s 147 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad set aside proceedings under Section 147 on the ground that Re assessment framed for escapement of income by a share trading business that does not...
![Re-Assessment Framed for Escapement of Income by Share Trading Business which does not belong to Assessee: ITAT sets aside proceedings u/s 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Re-assessment-income-business-assessee-ITAT-taxscan.jpeg "Re-Assessment Framed for Escapement of Income by Share Trading Business which does not belong to Assessee: ITAT sets aside proceedings u/s 147 [Read Order]")
![Charitable entity u/s 2(15) of Income Tax Act eligible for Exemption u/s 11: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Charitable-entity-IT-Act-ITAT-taxscan.jpeg "Charitable entity u/s 2(15) of Income Tax Act eligible for Exemption u/s 11: ITAT [Read Order]")
Cash Loan between Agriculturists will not attract S. 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the cash loan between agriculturalists will not attract the provisions of section 269SS of the Income Tax Act, 1961 and therefore,...
![Cash Loan between Agriculturists will not attract S. 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Cash-Loan-Agriculturists-Income-Tax-Act-ITAT-Penalty-taxscan.jpeg "Cash Loan between Agriculturists will not attract S. 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]")
![No Provision for prior period Expenses u/s 115JB(2), Addition not permissible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/prior-period-expenses-ITAT-taxscan.jpg "No Provision for prior period Expenses u/s 115JB(2), Addition not permissible: ITAT [Read Order]")
Withholding of TDS 'Not the Right Way' for Income Tax Dept to Collect Tax when Statute provides Sufficient Mechanism to Recover from Defaulter: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the withholding of TDS of the assessee who has already suffered tax is not the right way to collect tax as the Income Tax Act, 1961...
![Withholding of TDS Not the Right Way for Income Tax Dept to Collect Tax when Statute provides Sufficient Mechanism to Recover from Defaulter: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/TDS-Income-Tax-Dept-ITAT-taxscan.jpeg "Withholding of TDS Not the Right Way for Income Tax Dept to Collect Tax when Statute provides Sufficient Mechanism to Recover from Defaulter: ITAT [Read Order]")
Revisional Jurisdiction cannot be invoked to Initiate Penalty without finding that Assessment is Erroneous: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the revisional jurisdiction of the Principal Commissioner of Income Tax (PCIT) under section 263 of the Income Tax Act, 1961...
![Revisional Jurisdiction cannot be invoked to Initiate Penalty without finding that Assessment is Erroneous: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Revisional-Jurisdiction-Penalty-Assessment-ITAT-taxscan.jpg "Revisional Jurisdiction cannot be invoked to Initiate Penalty without finding that Assessment is Erroneous: ITAT [Read Order]")