ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![No Addition towards Anonymous Deduction If Identity of Donors is established: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/donors-money-donations-ITAT-taxscan.jpeg "No Addition towards Anonymous Deduction If Identity of Donors is established: ITAT [Read Order]")
No Addition towards Anonymous Deduction If Identity of Donors is established: ITAT [Read Order]
If identity of donors is established U/s115BBC money received cannot be considered as anonymous donations so was held by the Income Tax Appellate...
![Cash seized during Search cannot be Adjusted against Self Assessed Tax Liability: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Cash-seized-Search-Self-Assessed-Tax-Liability-ITA-Penalty-Taxscan.jpg "Cash seized during Search cannot be Adjusted against Self Assessed Tax Liability: ITAT deletes Penalty [Read Order]")
![Two PAN Cards allotted to Assessee: ITAT directs to Cancel One and Allows TDS Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/PAN-Cards-Assessee-ITAT-TDS-Credit-taxscan.jpeg "Two PAN Cards allotted to Assessee: ITAT directs to Cancel One and Allows TDS Credit [Read Order]")
![Partition/Family Arrangement is not Capital Gain: ITAT deletes Addition towards Transfer of Shares as per Family Arrangement [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Mumbai-Partition-Capital-Gain-ITAT-Family-Arrangement-taxscan.jpeg "Partition/Family Arrangement is not Capital Gain: ITAT deletes Addition towards Transfer of Shares as per Family Arrangement [Read Order]")
![Carbon Credit Income Exempted from Normal Income Tax Provisions and Book Profit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Carbon-Credit-Income-Income-Tax-Provisions-Book-Profit-ITAT-taxscan.jpg "Carbon Credit Income Exempted from Normal Income Tax Provisions and Book Profit: ITAT [Read Order]")
Exception to CBDT Circular specifying Monetary Limit for filing Appeal not Applicable to Cases relating to Information received from Investigation Wing of Dept: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that exception to the Central Board of Direct Taxes (CBDT) circular specifying monetary limit for filing appeals not applicable to...
![Exception to CBDT Circular specifying Monetary Limit for filing Appeal not Applicable to Cases relating to Information received from Investigation Wing of Dept: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Mumbai-CBDT-Circular-Appeal-Cases-Information-Investigation-Wing-Dept-ITAT-taxscan.jpeg "Exception to CBDT Circular specifying Monetary Limit for filing Appeal not Applicable to Cases relating to Information received from Investigation Wing of Dept: ITAT [Read Order]")
Deduction u/s 54 EC applicable within Six Calendar Months from date of Transfer of Property and not within 180 days: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench presided by Mr. Anil Chaturvedi, Accountant Member,and Shri N.K. Choudhry, Judicial Member has held that deduction u/s 54 EC is applicable within...
![Deduction u/s 54 EC applicable within Six Calendar Months from date of Transfer of Property and not within 180 days: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Deduction-us-54-EC-ITAT-taxscan.jpeg "Deduction u/s 54 EC applicable within Six Calendar Months from date of Transfer of Property and not within 180 days: ITAT [Read Order]")
Pledging of Shares of Clients with Banks for obtaining Bank Finance and for depositing margin money not violation of regulation of SEBI: ITAT deletes Addition against Share Broker [Read Order]
Income Tax Appellate Tribunal (ITAT), New Delhi deleted addition against share broker as pledging of shares of clients with banks for obtaining bank finance and for depositing margin money not...
![Pledging of Shares of Clients with Banks for obtaining Bank Finance and for depositing margin money not violation of regulation of SEBI: ITAT deletes Addition against Share Broker [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/shares-banks-bank-finance-margin-money-SEBI-ITAT-Share-Broker-taxscan.jpeg "Pledging of Shares of Clients with Banks for obtaining Bank Finance and for depositing margin money not violation of regulation of SEBI: ITAT deletes Addition against Share Broker [Read Order]")
ITAT imposes Cost of Rs. 5,000 for Non-Compliance of Notice received through Income Tax Business Application [Read Order]
The Cuttack bench of the Income Tax Appellate Tribunal (ITAT) has imposed a cost of Rs. 5,000 on the assessee for non-compliance of the notice received through the Income Tax Business Application...
![ITAT imposes Cost of Rs. 5,000 for Non-Compliance of Notice received through Income Tax Business Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Non-Compliance-of-Notice-Income-Tax-Business-Application-taxscan.jpg "ITAT imposes Cost of Rs. 5,000 for Non-Compliance of Notice received through Income Tax Business Application [Read Order]")
Relief u/s 43B can be availed if the VAT liability was paid before due date of Filing Return: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Mumbai bench held that the relief u/s 43B of the Income Tax Act can be availed if the VAT liability was paid before the due date of filing the return. ...
![Relief u/s 43B can be availed if the VAT liability was paid before due date of Filing Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Chennai-VAT-liability-filing-return-ITAT-taxscan.jpeg "Relief u/s 43B can be availed if the VAT liability was paid before due date of Filing Return: ITAT [Read Order]")
Amendment to Sec 54F (1) applicable from 1.4.2015 onwards: ITAT grants Capital Gain Deduction for purchase of Multiple Residential Units [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench has held that amendment to section 54F (1) applicable from 1.4.2015 onwards and grants capital gain deduction for the purchase of multiple...
![Amendment to Sec 54F (1) applicable from 1.4.2015 onwards: ITAT grants Capital Gain Deduction for purchase of Multiple Residential Units [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Capital-Gain-Deduction-purchase-Multiple-Residential-Units-taxscan.jpg "Amendment to Sec 54F (1) applicable from 1.4.2015 onwards: ITAT grants Capital Gain Deduction for purchase of Multiple Residential Units [Read Order]")
![Assessee duly complied with Notices Issued: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Assessee-Notices-ITAT-Penalty-Taxscan.jpeg "Assessee duly complied with Notices Issued: ITAT deletes Penalty [Read Order]")