ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![IBM India not required to deduct TDS on Payment to IBM Philippines for Payroll Related Services: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/IBM-India-TDS-IBM-Philippines-Payroll-Related-Services-ITAT-Taxscan.jpg "IBM India not required to deduct TDS on Payment to IBM Philippines for Payroll Related Services: ITAT [Read Order]")
IBM India not required to deduct TDS on Payment to IBM Philippines for Payroll Related Services: ITAT [Read Order]
In a major relief to IBM India, the Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the Company need not required to TDS on...
![Air India cannot be deemed as Assessee in Default in respect of payment to AIESL: ITAT directs fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Air-India-Assessee-in-Default-payment-AIESL-ITAT-fresh-Adjudication-taxscan.jpeg "Air India cannot be deemed as Assessee in Default in respect of payment to AIESL: ITAT directs fresh Adjudication [Read Order]")
![Assessee Failed to Appear before Income Tax Authorities on 8 Occasions: ITAT imposes Cost of Rs. 10,000 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Assessee-Income-Tax-Authorities-ITAT-Occasions-Taxscan.jpg "Assessee Failed to Appear before Income Tax Authorities on 8 Occasions: ITAT imposes Cost of Rs. 10,000 [Read Order]")
![Capital Gain Exemption u/s 54F cannot be denied on ground of Joint Ownership in Two Residential Flats: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Capital-gain-exception-joint-ownership-residential-flats-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54F cannot be denied on ground of Joint Ownership in Two Residential Flats: ITAT [Read Order]")
![Shipping Income derived in India from International Traffic is not Taxable in India as per India-UAE Tax Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Shipping-income-Taxable-IndiaUAE-Tax-Treaty-ITAT-taxscan.jpeg "Shipping Income derived in India from International Traffic is not Taxable in India as per India-UAE Tax Treaty: ITAT [Read Order]")
Relief to Cricket Club of India: ITAT quashes Revision u/s 263 and upholds claim of Mutuality [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has quashed revision under section 263 and upholds the claim of Mutuality by the Cricket Club of India. The appellant, M/s. Cricket...
![Relief to Cricket Club of India: ITAT quashes Revision u/s 263 and upholds claim of Mutuality [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Cricket-Club-of-India-ITAT-Revision-Mutuality-taxscan.jpg "Relief to Cricket Club of India: ITAT quashes Revision u/s 263 and upholds claim of Mutuality [Read Order]")
Denial of TDS in intimation order u/s 143(1) without reasons: ITAT rules Assessee entitled to credit of TDS [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata has ruled that, the assessee entitled to the credit of TDS as denial of TDS in the intimation order under Section 143(1) was without assigning...
![Denial of TDS in intimation order u/s 143(1) without reasons: ITAT rules Assessee entitled to credit of TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/intimation-order-ITAT-assessee-TDS-taxscan.jpg "Denial of TDS in intimation order u/s 143(1) without reasons: ITAT rules Assessee entitled to credit of TDS [Read Order]")
Cost of Improvement and due Indexation benefit on House Property is Deductible while computing Capital Gain: ITAT [Read Order]
The Income Tax Appellate Tribunal(ITAT), Mumbai bench has held that cost of improvement and due indexation benefit on house property is deductible while computing capital gain. The appellant,...
![Cost of Improvement and due Indexation benefit on House Property is Deductible while computing Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Cost-House-Property-Capital-Gain-ITAT-taxscan.jpeg "Cost of Improvement and due Indexation benefit on House Property is Deductible while computing Capital Gain: ITAT [Read Order]")
Sale proceeds of Investment in Shares made as 'Investor' treated as 'Capital Gains’, not as 'Business Income': ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that sale proceeds of investment in shares made as 'investor' are treated as 'capital gains’, not as 'business income'. The...
![Sale proceeds of Investment in Shares made as Investor treated as Capital Gains’, not as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Investment-Investor-capital-gains-business-income-ITAT-taxscan.jpeg "Sale proceeds of Investment in Shares made as Investor treated as Capital Gains’, not as Business Income: ITAT [Read Order]")
Delay in Filing Income Tax Return under Bona fide belief that No Taxable Income: ITAT deletes Penalty u/s 271F [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat Bench presided by Pawan Singh, Judicial Member, and Dr. Arjun Lal Saini, Accountant Member has held that delay in filing Income Tax Return under bona...
![Delay in Filing Income Tax Return under Bona fide belief that No Taxable Income: ITAT deletes Penalty u/s 271F [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Income-Tax-Return-Bonafide-Belief-Taxable-Income-ITAT-Penalty-taxscan.jpeg "Delay in Filing Income Tax Return under Bona fide belief that No Taxable Income: ITAT deletes Penalty u/s 271F [Read Order]")
Capital Gain Exemption allowable Even If Amount invested in CG Account utilized for Purchase of New House without NOC within 2 Years: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the capital gain exemption under section 54 of the Income Tax Act, 1961 cannot be denied on the sole ground that the amount...
![Capital Gain Exemption allowable Even If Amount invested in CG Account utilized for Purchase of New House without NOC within 2 Years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Capital-Gain-Exemption-CG-Account-Purchase-NOC-ITAT-taxscan.jpeg "Capital Gain Exemption allowable Even If Amount invested in CG Account utilized for Purchase of New House without NOC within 2 Years: ITAT [Read Order]")
