ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Approval of S. 153D Assessment on Next day by Addl. CIT: ITAT quashes Demand Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Assessment-Order-Section-153D-of-Income-Tax-Act-1961-TAXSCAN.jpg "Approval of S. 153D Assessment on Next day by Addl. CIT: ITAT quashes Demand Order [Read Order]")
Approval of S. 153D Assessment on Next day by Addl. CIT: ITAT quashes Demand Order [Read Order]
Recently in a case, the Income Tax Appellate Tribunal ( ITAT ) quashed a demand order that arose from an assessment approved under Section 153D of...
![Non-Compliance and Failure to Explain Bank Credits: ITAT upholds ₹3.13 Crore S.69 Addition under Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-ITAT-Income-Tax-Act-Cash-deposits-TAXSCAN.jpg "Non-Compliance and Failure to Explain Bank Credits: ITAT upholds ₹3.13 Crore S.69 Addition under Income Tax [Read Order]")
![Issue on Acceptance of Additional Evidence against Addition u/s 68 of the Income Tax Act: Kerala HC posts Disposal October 21 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Kerala-High-Court-Kerala-HC-Income-tax-Additional-Evidence-Section-68-of-Income-Tax-Act-taxscan.jpg "Issue on Acceptance of Additional Evidence against Addition u/s 68 of the Income Tax Act: Kerala HC posts Disposal October 21 [Read Order]")
![Supreme Court confirms Kerala High Court decision upholding Income Tax Levy on Compensation for Relinquishing Trusteeship [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/09/Supreme-Court-Kerala-High-Court-Trusteeship-relinquishment-tax-trusteeship-tax-taxscan.jpg "Supreme Court confirms Kerala High Court decision upholding Income Tax Levy on Compensation for Relinquishing Trusteeship [Read Judgement]")
![Karnataka HC Upholds Deletion of Disallowance of Short Term Capital Loss Citing Monetary Limit Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Karnataka-High-Court-Disallowance-Short-Term-Capital-Loss-Karnataka-HC-Capital-Loss-Taxscan.jpg "Karnataka HC Upholds Deletion of Disallowance of Short Term Capital Loss Citing Monetary Limit Circular [Read Order]")
Failure to Prove University's Profit Motive: Chattisgarh HC quashes Denial of S.10(23C) Exemption Claim under Income Tax [Read Order]
Recently in a ruling, the Chhattisgarh High Court quashed the Revenue’s denial of a university's application for income tax exemption under Section 10(23C)(vi) of the Income Tax Act, 1961 ( ITA ),...
![Failure to Prove Universitys Profit Motive: Chattisgarh HC quashes Denial of S.10(23C) Exemption Claim under Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-Income-Tax-Claim-Income-tax-exemption-TAXSCAN.jpg "Failure to Prove Universitys Profit Motive: Chattisgarh HC quashes Denial of S.10(23C) Exemption Claim under Income Tax [Read Order]")
Rental Income from Factory Building Taxed as Income from House Property, Eligible for Deduction u/s 24: Delhi HC [Read Order]
In a recent judgement, The Delhi High Court ruled that rental income from a factory building is classified as income from house property and is eligible for deductions under Section 24 of the Income...
![Rental Income from Factory Building Taxed as Income from House Property, Eligible for Deduction u/s 24: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Delhi-High-Court-House-Property-Rental-Income-Building-Tax-Taxscan.jpg "Rental Income from Factory Building Taxed as Income from House Property, Eligible for Deduction u/s 24: Delhi HC [Read Order]")
Madras HC quashes Ex-parte Income Tax Assessment Order for Passing Non-Speaking Order without Considering Submissions [Read Order]
The Madras High Court quashed an ex-parte income tax assessment order, stating that the Assistant Commissioner of Income Tax had passed a non-speaking order mechanically, without considering the...
![Madras HC quashes Ex-parte Income Tax Assessment Order for Passing Non-Speaking Order without Considering Submissions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Madras-High-Court-Ex-parte-Income-Tax-Assessment-Order-Income-Tax-Assessment-Taxscan.jpg "Madras HC quashes Ex-parte Income Tax Assessment Order for Passing Non-Speaking Order without Considering Submissions [Read Order]")
![Assessees Admission not a valid Ground for Income Tax Addition: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Rajasthan-High-Court-Income-Tax-Addition-Income-Tax-Rajasthan-HC-Assessees-Income-Tax-update-Taxscan.jpg "Assessees Admission not a valid Ground for Income Tax Addition: Rajasthan HC [Read Order]")
Revenue Challenges ITAT Decision on Extended Tax Stay Beyond Statutory Limit u/s 254(2A): Madras HC dismisses Matter as Stay Already Expired [Read Order]
In a recent ruling, the Madras High Court dismissed the Appeal against Income Tax Appellate Tribunal's decision on extended tax stay beyond the statutory limit under section 245(2A). This decision...
![Revenue Challenges ITAT Decision on Extended Tax Stay Beyond Statutory Limit u/s 254(2A): Madras HC dismisses Matter as Stay Already Expired [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Revenue-appeal-under-ITAT-Tax-stay-appeal-TAXSCAN.jpg "Revenue Challenges ITAT Decision on Extended Tax Stay Beyond Statutory Limit u/s 254(2A): Madras HC dismisses Matter as Stay Already Expired [Read Order]")
