ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Domestic Transaction from a Related Party is not a Specified Domestic Transaction u/s 92BA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Specified-Domestic-Transaction-ITAT-taxscan.jpg "Domestic Transaction from a Related Party is not a Specified Domestic Transaction u/s 92BA: ITAT [Read Order]")
Domestic Transaction from a Related Party is not a Specified Domestic Transaction u/s 92BA: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT), has held that a domestic transaction from a related party is not a specified domestic...
![Employee Welfare Expenses cannot be included in Fringe Benefits Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Employee-Welfare-Expenses-Fringe-Benefits-Tax-ITAT-taxscan.jpg "Employee Welfare Expenses cannot be included in Fringe Benefits Tax: ITAT [Read Order]")
![High Status and Family Tradition of Assessee shall be Considered: ITAT deletes Addition of Heavy Gold Jewellery received as Streedhan by Royal Family Member [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Assessee-ITAT-Heavy-Gold-Jewellery-Royal-Family-Member-taxscan.jpg "High Status and Family Tradition of Assessee shall be Considered: ITAT deletes Addition of Heavy Gold Jewellery received as Streedhan by Royal Family Member [Read Order]")
![Revisional Jurisdiction cannot be invoked on Highly Debatable Issues: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Revisional-Jurisdiction-Debatable-Issues-ITAT-taxscan.jpeg "Revisional Jurisdiction cannot be invoked on Highly Debatable Issues: ITAT [Read Order]")
Capital Gain cannot be Taxed from Owner of Property When Sale Consideration is already Taxed from PoA Holder: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain in respect of consideration received from sale of property cannot be taxed from the owner of the property as...
![Capital Gain cannot be Taxed from Owner of Property When Sale Consideration is already Taxed from PoA Holder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Capital-Gain-Owner-Property-Sale-Consideration-PoA-Holder-ITAT-taxscan.jpeg "Capital Gain cannot be Taxed from Owner of Property When Sale Consideration is already Taxed from PoA Holder: ITAT [Read Order]")
Deemed Dividend u/s 2(22)(e) applicable only to Persons who are recipient of Loan and Shareholder of the Payer Company: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held that deemed dividend under section 2(22)(e) applies only to persons who are recipients of loan and shareholders of the Payer Company. ...
![Deemed Dividend u/s 2(22)(e) applicable only to Persons who are recipient of Loan and Shareholder of the Payer Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Deemed-Dividend-Persons-Loan-Shareholder-Payer-Company-ITAT-taxscan.jpg "Deemed Dividend u/s 2(22)(e) applicable only to Persons who are recipient of Loan and Shareholder of the Payer Company: ITAT [Read Order]")
![Payments made to Social Kinnect would fall within provisions of Section 194C: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Payment-Social-Kinnect-ITAT-taxscan.jpg "Payments made to Social Kinnect would fall within provisions of Section 194C: ITAT [Read Order]")
Penalty u/s 271(1)(c) not imposable for Undisclosed Income detected on Search initiated before Assessment Year: ITAT [Read Order]
The Delhi bench Income Tax Appellate Tribunal (ITAT) comprising Shri Challa Nagendra Prasad, judicial member & Shri Pradip Kumar Kedia, accountant member The assessee, M/s. BLK...
![Penalty u/s 271(1)(c) not imposable for Undisclosed Income detected on Search initiated before Assessment Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Penalty-undisclosed-income-search-assessment-year-ITAT-taxscan.jpeg "Penalty u/s 271(1)(c) not imposable for Undisclosed Income detected on Search initiated before Assessment Year: ITAT [Read Order]")
Amount paid for Land enhancement is Capital Expenditure, can avail Deduction u/s 48: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT)of the Mumbai bench held that the amount paid for land enhancement is capital expenditure and can avail deduction under section 48 of the Income Tax Act,1961. ...
![Amount paid for Land enhancement is Capital Expenditure, can avail Deduction u/s 48: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/land-enhancement-capital-expenditure-ITAT-taxscan.jpeg "Amount paid for Land enhancement is Capital Expenditure, can avail Deduction u/s 48: ITAT [Read Order]")
![ITAT quashes Scrutiny Assessment order without Proof of Service of Notice u/s 143 (2) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/ITAT-Scrutiny-Assessment-Notice-taxscan.jpeg "ITAT quashes Scrutiny Assessment order without Proof of Service of Notice u/s 143 (2) [Read Order]")
![Illness of MD of Company not sufficient cause for condoning delay of 1473 days: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Illness-company-ITAT-taxscan.jpg "Illness of MD of Company not sufficient cause for condoning delay of 1473 days: ITAT [Read Order]")