ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Amount received for Services rendered by Non-Resident in connection with Prospecting for Mineral Oil charged to Tax u/s 44BB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Amount-Services-Non-Resident-Mineral-Oil-ITAT-taxscan.jpg "Amount received for Services rendered by Non-Resident in connection with Prospecting for Mineral Oil charged to Tax u/s 44BB: ITAT [Read Order]")
Amount received for Services rendered by Non-Resident in connection with Prospecting for Mineral Oil charged to Tax u/s 44BB: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that amount received for services rendered by non-residents in connection with...
![Defense of Ignorance of Law cannot be taken after Hiring a Chartered Accountant: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Ignorance-of-Law-Chartered-Accountant-ITAT.jpg "Defense of Ignorance of Law cannot be taken after Hiring a Chartered Accountant: ITAT [Read Order]")
![Cess forms part of Tax, cannot be allowed as Deduction u/s 40(a)(ii): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Cess-forms-tax-deduction-ITAT-Taxscan.jpeg "Cess forms part of Tax, cannot be allowed as Deduction u/s 40(a)(ii): ITAT [Read Order]")
![Loan obtained in non-gratuitous nature will not fall U/s 2(22)(e): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Loan-ITAT-taxscan.jpeg "Loan obtained in non-gratuitous nature will not fall U/s 2(22)(e): ITAT [Read Order]")
![Notional Valuation cannot be made a Basis for Addition: ITAT deletes Addition of Closing Construction WIP [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Notional-Valuation-ITAT-Construction-WIP-taxscan.jpg "Notional Valuation cannot be made a Basis for Addition: ITAT deletes Addition of Closing Construction WIP [Read Order]")
Addition of Reimbursement of Salary to Seconded Employee u/s 40(a)(ia): ITAT Remand matter back to AO [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has remanded the matter back to the Assessing Officer in the case of addition of reimbursement of salary to the seconded employee under section...
![Addition of Reimbursement of Salary to Seconded Employee u/s 40(a)(ia): ITAT Remand matter back to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Reimbursement-of-Salary-ITAT-AO-taxscan.jpg "Addition of Reimbursement of Salary to Seconded Employee u/s 40(a)(ia): ITAT Remand matter back to AO [Read Order]")
![ITAT dismisses Appeals on Failure of Resolution Professional to Amend Form No 36A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/ITAT-resolution-professional-Form-No36A-taxscan.jpg "ITAT dismisses Appeals on Failure of Resolution Professional to Amend Form No 36A [Read Order]")
![Payment of interest on late deposit of TDS not allowable as deduction u/s 37(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Payment-interest-late-deposit-TDS-deduction-ITAT-taxscan.jpeg "Payment of interest on late deposit of TDS not allowable as deduction u/s 37(1): ITAT [Read Order]")
Transfer of Amount for Business purposes to avoid Forfeiture is not Loans and Advances: ITAT deletes Addition for 'Deemed Dividend' [Read Order]
Income Tax Appellate Tribunal (ITAT), New Delhi deleted addition for deemed dividend on the ground that the transfer of amount for business purposes was made to avoid forfeiture and held that such a...
![Transfer of Amount for Business purposes to avoid Forfeiture is not Loans and Advances: ITAT deletes Addition for Deemed Dividend [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Amount-for-business-avoid-forfeiture-loans-and-advances-ITAT-Deemed-Dividend-taxscan.jpg "Transfer of Amount for Business purposes to avoid Forfeiture is not Loans and Advances: ITAT deletes Addition for Deemed Dividend [Read Order]")
Cash paid for Purchase excess than prescribed limit, Disallowance of total purchase U/s 40A(3) sustain: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the disallowance of total purchase under section 40 A(3) will sustain when cash is paid for purchases over the prescribed limit and...
![Cash paid for Purchase excess than prescribed limit, Disallowance of total purchase U/s 40A(3) sustain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Cash-purchase-ITAT-taxscan.jpg "Cash paid for Purchase excess than prescribed limit, Disallowance of total purchase U/s 40A(3) sustain: ITAT [Read Order]")
![TDS Credit disallowed without verifying fact is not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/TDS-credit-ITAT-taxscan.jpeg "TDS Credit disallowed without verifying fact is not sustainable: ITAT [Read Order]")
Opening Balance of Unsecured Loan cannot be treated as ‘Unexplained’: ITAT deletes Addition u/s 68 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that the opening balance of the unsecured loan cannot be treated as "unexplained" and deletes addition under section 68. The...
![Opening Balance of Unsecured Loan cannot be treated as ‘Unexplained’: ITAT deletes Addition u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Opening-Balance-Unsecured-Loan-ITAT-taxscan.jpg "Opening Balance of Unsecured Loan cannot be treated as ‘Unexplained’: ITAT deletes Addition u/s 68 [Read Order]")