ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Bonafide Action of Non-Sharing of AIR by Co-Operative Bank u/s 271FA will not attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Bonafide-Action-Co-Operative-Bank-Penalty-ITAT-taxscan.jpeg "Bonafide Action of Non-Sharing of AIR by Co-Operative Bank u/s 271FA will not attract Penalty: ITAT [Read Order]")
Bonafide Action of Non-Sharing of AIR by Co-Operative Bank u/s 271FA will not attract Penalty: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that a bonafide action on the part of the co-operative bank not filing...
![Cash available out of Past Savings justifiable as Source of Unexplained Money u/s 69A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Cash-savings-unexplained-money-ITAT-taxscan.jpg "Cash available out of Past Savings justifiable as Source of Unexplained Money u/s 69A: ITAT [Read Order]")
![Income Tax Proceedings against Google India for TDS Default are Time Barred: ITAT quashes Orders [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Income-Tax-Google-India-TDS-Default-Time-Barred-ITAT-taxscan.jpg "Income Tax Proceedings against Google India for TDS Default are Time Barred: ITAT quashes Orders [Read Order]")
![Setback to NDTV: ITAT dismisses Deduction Claim towards Business Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/NDTV-ITAT-Deduction-Business-Expenditure-taxscan.jpg "Setback to NDTV: ITAT dismisses Deduction Claim towards Business Expenditure [Read Order]")
Original Cost and Period of Acquisition of Property by previous owner is relevant for Claim of Capital Gain: ITAT [Read Order]
Original cost and period of acquisition of property by previous owner is relevant for claim of capital gain, so was held by the Income Tax Appellate Tribunal (ITAT), New Delhi. The Assessee’s,...
![Original Cost and Period of Acquisition of Property by previous owner is relevant for Claim of Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/cost-acquisition-of-property-claim-capital-gain-ITAT-taxscan.jpeg "Original Cost and Period of Acquisition of Property by previous owner is relevant for Claim of Capital Gain: ITAT [Read Order]")
![ITAT dismisses Appeal stating delay of 1070 days on lack of prima facie Bonafideness [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/ITAT-appeal-bonafideness-taxscan.jpeg "ITAT dismisses Appeal stating delay of 1070 days on lack of prima facie Bonafideness [Read Order]")
Supporting Evidence mandatory for claim TDS Credit in absence of TDS Certificate: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench consisting of Rahul Chaudhary, Judicial Member, and Om Prakash Kant, Accountant Member held that supporting evidence is mandatory for claiming...
![Supporting Evidence mandatory for claim TDS Credit in absence of TDS Certificate: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/evidence-claim-TDS-Credit-ITAT-Taxscan.jpg "Supporting Evidence mandatory for claim TDS Credit in absence of TDS Certificate: ITAT [Read Order]")
'True Copies' submitted before Income Tax Authorities do not have Evidentiary Value: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the “true copies” submitted before the income tax authorities do not have evidentiary value under the Income Tax Act, 1961. ...
![True Copies submitted before Income Tax Authorities do not have Evidentiary Value: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Evidentiary-Value-ITAT-taxscan.jpg "True Copies submitted before Income Tax Authorities do not have Evidentiary Value: ITAT [Read Order]")
Addition as Unexplained Investment in difference in Value on Purchase of Property without considering Co-owner is not valid: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) ruled that the addition as unexplained investment in difference in value on the purchase of property without considering co-owner is not...
![Addition as Unexplained Investment in difference in Value on Purchase of Property without considering Co-owner is not valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/investment-purchase-of-property-co-owner-ITAT-taxscan-1.jpg "Addition as Unexplained Investment in difference in Value on Purchase of Property without considering Co-owner is not valid: ITAT [Read Order]")
No Penalty u/s 271C when delay in Filing Appeal occurred due to Ambiguity on direction contained in Statutory Document: ITAT [Read Order]
No Penalty u/s 271C when delay in filing appeal occurred due to ambiguity on direction contained in statutory document, so was held by the Income Tax Appellate Tribunal (ITAT), New Delhi. The...
![No Penalty u/s 271C when delay in Filing Appeal occurred due to Ambiguity on direction contained in Statutory Document: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Penalty-appeal-statutory-document-ITAT-taxscan.jpeg "No Penalty u/s 271C when delay in Filing Appeal occurred due to Ambiguity on direction contained in Statutory Document: ITAT [Read Order]")
Notice u/s 274 Fails to specify Concealment or Furnishing Inaccurate Particulars of Income: ITAT deletes Penalty imposed u/s 271(1)(c) [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench presided by Mr. N.K. Billaiya, Accountant Member, and Mr. N.K. Choudhry, Judicial Member has deleted the penalty imposed under section 271(1)(c)...
![Notice u/s 274 Fails to specify Concealment or Furnishing Inaccurate Particulars of Income: ITAT deletes Penalty imposed u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Notice-Concealment-Income-ITAT-Penalty-taxscan.jpg "Notice u/s 274 Fails to specify Concealment or Furnishing Inaccurate Particulars of Income: ITAT deletes Penalty imposed u/s 271(1)(c) [Read Order]")