ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Subsidy not to be reduced from Actual Cost of Fixed Assets u/s 43(1) for purpose of Calculation of Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Subsidy-actual-cost-fixed-assets-calculation-of-depreciation-ITAT-Taxscan.jpg "Subsidy not to be reduced from Actual Cost of Fixed Assets u/s 43(1) for purpose of Calculation of Depreciation: ITAT [Read Order]")
Subsidy not to be reduced from Actual Cost of Fixed Assets u/s 43(1) for purpose of Calculation of Depreciation: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune has ruled that, Subsidy is not to be reduced from the actual cost of fixed assets under Section 43(1)...
![Business of Infrastructure Development comes under the definition of Developer, Deduction u/s 80IA (4) is claimable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Business-infrastructure-development-developer-deduction-ITAT-taxscan.jpg "Business of Infrastructure Development comes under the definition of Developer, Deduction u/s 80IA (4) is claimable: ITAT [Read Order]")
![Inadequate Opportunity of Hearing in Appeal Proceedings: ITAT remands matter back to CIT(A) for Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Appeal-Proceedings-ITAT-CITA-Adjudication-taxscan.jpeg "Inadequate Opportunity of Hearing in Appeal Proceedings: ITAT remands matter back to CIT(A) for Fresh Adjudication [Read Order]")
![ITAT deletes Revision order passed u/s 263 based on Presumption [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-Revision-order-taxscan.jpg "ITAT deletes Revision order passed u/s 263 based on Presumption [Read Order]")
![No Addition towards Anonymous Deduction If Identity of Donors is established: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/donors-money-donations-ITAT-taxscan.jpeg "No Addition towards Anonymous Deduction If Identity of Donors is established: ITAT [Read Order]")
Cash seized during Search cannot be Adjusted against Self Assessed Tax Liability: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the cash seized during search cannot be adjusted against the self-assessed existing tax liability as per the provisions of...
![Cash seized during Search cannot be Adjusted against Self Assessed Tax Liability: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Cash-seized-Search-Self-Assessed-Tax-Liability-ITA-Penalty-Taxscan.jpg "Cash seized during Search cannot be Adjusted against Self Assessed Tax Liability: ITAT deletes Penalty [Read Order]")
![Two PAN Cards allotted to Assessee: ITAT directs to Cancel One and Allows TDS Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/PAN-Cards-Assessee-ITAT-TDS-Credit-taxscan.jpeg "Two PAN Cards allotted to Assessee: ITAT directs to Cancel One and Allows TDS Credit [Read Order]")
Partition/Family Arrangement is not 'Capital Gain': ITAT deletes Addition towards Transfer of Shares as per Family Arrangement [Read Order]
While deleting an addition of capital gain on account of transfer of shares as family arrangement, the Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that a partition or family...
![Partition/Family Arrangement is not Capital Gain: ITAT deletes Addition towards Transfer of Shares as per Family Arrangement [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Mumbai-Partition-Capital-Gain-ITAT-Family-Arrangement-taxscan.jpeg "Partition/Family Arrangement is not Capital Gain: ITAT deletes Addition towards Transfer of Shares as per Family Arrangement [Read Order]")
![Carbon Credit Income Exempted from Normal Income Tax Provisions and Book Profit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Carbon-Credit-Income-Income-Tax-Provisions-Book-Profit-ITAT-taxscan.jpg "Carbon Credit Income Exempted from Normal Income Tax Provisions and Book Profit: ITAT [Read Order]")
Exception to CBDT Circular specifying Monetary Limit for filing Appeal not Applicable to Cases relating to Information received from Investigation Wing of Dept: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that exception to the Central Board of Direct Taxes (CBDT) circular specifying monetary limit for filing appeals not applicable to...
![Exception to CBDT Circular specifying Monetary Limit for filing Appeal not Applicable to Cases relating to Information received from Investigation Wing of Dept: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Mumbai-CBDT-Circular-Appeal-Cases-Information-Investigation-Wing-Dept-ITAT-taxscan.jpeg "Exception to CBDT Circular specifying Monetary Limit for filing Appeal not Applicable to Cases relating to Information received from Investigation Wing of Dept: ITAT [Read Order]")
Deduction u/s 54 EC applicable within Six Calendar Months from date of Transfer of Property and not within 180 days: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench presided by Mr. Anil Chaturvedi, Accountant Member,and Shri N.K. Choudhry, Judicial Member has held that deduction u/s 54 EC is applicable within...
![Deduction u/s 54 EC applicable within Six Calendar Months from date of Transfer of Property and not within 180 days: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Deduction-us-54-EC-ITAT-taxscan.jpeg "Deduction u/s 54 EC applicable within Six Calendar Months from date of Transfer of Property and not within 180 days: ITAT [Read Order]")
Pledging of Shares of Clients with Banks for obtaining Bank Finance and for depositing margin money not violation of regulation of SEBI: ITAT deletes Addition against Share Broker [Read Order]
Income Tax Appellate Tribunal (ITAT), New Delhi deleted addition against share broker as pledging of shares of clients with banks for obtaining bank finance and for depositing margin money not...
![Pledging of Shares of Clients with Banks for obtaining Bank Finance and for depositing margin money not violation of regulation of SEBI: ITAT deletes Addition against Share Broker [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/shares-banks-bank-finance-margin-money-SEBI-ITAT-Share-Broker-taxscan.jpeg "Pledging of Shares of Clients with Banks for obtaining Bank Finance and for depositing margin money not violation of regulation of SEBI: ITAT deletes Addition against Share Broker [Read Order]")