ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![TDS u/s 194IA not Applicable for Property Purchase If Sale Consideration paid by each Co-Owner is below Rs. 50 Lakhs: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/TDS-Property-Purchase-ITAT-taxscan.jpeg "TDS u/s 194IA not Applicable for Property Purchase If Sale Consideration paid by each Co-Owner is below Rs. 50 Lakhs: ITAT [Read Order]")
TDS u/s 194IA not Applicable for Property Purchase If Sale Consideration paid by each Co-Owner is below Rs. 50 Lakhs: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the provisions of section 194IA of the Income Tax Act, 1961 will not be...
![Income Tax Appeal not Maintainable during the course of IBC Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Appeal-IBC-ITAT-taxscan.jpeg "Income Tax Appeal not Maintainable during the course of IBC Proceedings: ITAT [Read Order]")
![Recurring Charges paid to Telephone Lines are Revenue in Nature: ITAT deletes Addition to regard to Telecommunication Lines [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Recurring-Charges-telephone-lines-revenue-in-nature-ITAT-telecommunication-lines-taxscan.jpeg "Recurring Charges paid to Telephone Lines are Revenue in Nature: ITAT deletes Addition to regard to Telecommunication Lines [Read Order]")
![Non-Compliance due to delay in getting Notice from Authority, Penalty U/s 271(1)(b) not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/notice-from-Authority-Penalty-ITAT-taxscan.jpeg "Non-Compliance due to delay in getting Notice from Authority, Penalty U/s 271(1)(b) not sustainable: ITAT [Read Order]")
![Deduction u/s 80IA (iv) Computed with respect to each Unit Independently, without Clubbing Loss of another Unit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Deduction-Unit-ITAT-taxscan.jpg "Deduction u/s 80IA (iv) Computed with respect to each Unit Independently, without Clubbing Loss of another Unit: ITAT [Read Order]")
![Addition of Unexplained Cash will sustain when genuineness of Transaction not proven: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/unexplained-cash-genuineness-of-transaction-ITAT-taxscan.jpg "Addition of Unexplained Cash will sustain when genuineness of Transaction not proven: ITAT [Read Order]")
Notice u/s 274 fails to specify the Reason for Imposition of Penalty: ITAT deletes Penalty u/s 271(c)(1) [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that notice under section 274 fails to specify the reason for the imposition of penalty and deletes the penalty imposed under section...
![Notice u/s 274 fails to specify the Reason for Imposition of Penalty: ITAT deletes Penalty u/s 271(c)(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Notice-ITAT-Penalty-taxscan.jpg "Notice u/s 274 fails to specify the Reason for Imposition of Penalty: ITAT deletes Penalty u/s 271(c)(1) [Read Order]")
Annual Value of Property let out or vacant whole or part of previous year should be computed as per Sec 23(1)(c): ITAT [Read Order]
While hearing the appeal filed by the assessee against the order passed by the Commissioner of Income Tax (Appeals)1, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that the...
![Annual Value of Property let out or vacant whole or part of previous year should be computed as per Sec 23(1)(c): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Annual-Value-o-property-vacant-previous-year-ITAT-taxscan.jpeg "Annual Value of Property let out or vacant whole or part of previous year should be computed as per Sec 23(1)(c): ITAT [Read Order]")
Denial on Claim of Past Savings will not sustainable when relevant details being furnished: ITAT [Read Order]
On hearing the appeal against the order of CIT(A), the Varanasi bench of the Income Tax Appellate Tribunal (ITAT) held that denial of the claim of past savings will not sustainable when relevant...
![Denial on Claim of Past Savings will not sustainable when relevant details being furnished: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/claim-savings-ITAT-taxscan.jpeg "Denial on Claim of Past Savings will not sustainable when relevant details being furnished: ITAT [Read Order]")
![Charges towards Management Support Services are allowable as Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/management-support-services-business-expenditure-ITAT.jpg "Charges towards Management Support Services are allowable as Business Expenditure: ITAT [Read Order]")
Apartments sanctioned for Residential Purposes were let out as Service Apartments: ITAT allows deduction U/s 54F [Read Order]
Income Tax Appellate Tribunal (ITAT), Chennai bench allowed deduction under section 54F of the Income Tax Act,1961 when apartments sanctioned for residential purposes were let out as service...
![Apartments sanctioned for Residential Purposes were let out as Service Apartments: ITAT allows deduction U/s 54F [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Apartments-residential-purpose-service-Apartments-ITAT-taxscan.jpg "Apartments sanctioned for Residential Purposes were let out as Service Apartments: ITAT allows deduction U/s 54F [Read Order]")
![Delay in Filling Appeal cant be condoned when Assessee failed to explain cause: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/appeal-assessee-ITAT-taxscan.jpg "Delay in Filling Appeal cant be condoned when Assessee failed to explain cause: ITAT [Read Order]")