ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Reassessment made without serving Notice u/s 148 is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Reassessment-notice-ITAT-taxscan.jpeg "Reassessment made without serving Notice u/s 148 is Invalid: ITAT [Read Order]")
Reassessment made without serving Notice u/s 148 is Invalid: ITAT [Read Order]
In a significant ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that reassessment made without serving notice u/s 148...
![Property not let out during Assessing Year is not applicable for provision u/s 23(1)(c): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Property-assessing-year-provision-ITAT-taxscan.jpg "Property not let out during Assessing Year is not applicable for provision u/s 23(1)(c): ITAT [Read Order]")
![Relief due to critical Covid pandemic period: ITAT allows to submit Documents to Claim Exemption u/s 80G(5)(vi) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/covid-pandemic-period-ITAT-Documents-Claim-taxscan.jpeg "Relief due to critical Covid pandemic period: ITAT allows to submit Documents to Claim Exemption u/s 80G(5)(vi) [Read Order]")
![Depreciation claimed on Govt securities categorised as AFS is allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Depreciation-Govt-securities-AFS-ITAT-taxscan.jpeg "Depreciation claimed on Govt securities categorised as AFS is allowable: ITAT [Read Order]")
![PCIT Fails to Mention as to How Assessment Order was Erroneous and Prejudicial to Interest of Revenue: ITAT sets aside Order issued u/s 263 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/PCIT-Assessment-Order-Interest-Revenue-ITAT-taxcan.jpeg "PCIT Fails to Mention as to How Assessment Order was Erroneous and Prejudicial to Interest of Revenue: ITAT sets aside Order issued u/s 263 [Read Order]")
Onus of establishing Creditworthiness and Genuineness of Transactions is on Assessee under Section 68: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of Saktijit Dey, Judicial Member, and Pradip Kumar Kedia, Accountant Member held that the onus of establishing creditworthiness and...
![Onus of establishing Creditworthiness and Genuineness of Transactions is on Assessee under Section 68: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/creditworthiness-genuineness-transactions-assessee-ITAT-taxscan.jpg "Onus of establishing Creditworthiness and Genuineness of Transactions is on Assessee under Section 68: ITAT [Read Order]")
Cessation of liability u/s 41(1) not charged, even absence of write-off of outstanding liabilities in Books of Account: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Shri Chandra Mohan Garg, judicial member & Shri Anadee Nath Misshra, accountant member has held cessation of liability u/s41(1) not charged...
![Cessation of liability u/s 41(1) not charged, even absence of write-off of outstanding liabilities in Books of Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/liability-outstanding-liabilities-books-of-account-ITAT-taxscan.jpeg "Cessation of liability u/s 41(1) not charged, even absence of write-off of outstanding liabilities in Books of Account: ITAT [Read Order]")
Re-Assessment cannot be made without Fresh Information regarding Escapement of Income: ITAT [Read Order]
Re-Assessment cannot be made without fresh information regarding Escapement of Income so was held by Income Tax Appellate Tribunal (ITAT), Mumbai. The assessee, Bombay Real Estate Development Co....
![Re-Assessment cannot be made without Fresh Information regarding Escapement of Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Re-Assessment-Fresh-Information-Income-ITAT-taxscan.jpg "Re-Assessment cannot be made without Fresh Information regarding Escapement of Income: ITAT [Read Order]")
Addition of Part of Cash Deposit to Total Income on Surmises and Conjectures: ITAT upholds deletion of Addition u/s 69A [Read Order]
The Income Tax Appellate Tribunal, Chandigarh Bench has held that addition of part of cash deposit to total Income on surmises and conjectures and upholds the deletion of addition u/s 69A. ...
![Addition of Part of Cash Deposit to Total Income on Surmises and Conjectures: ITAT upholds deletion of Addition u/s 69A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Addition-Cash-Deposit-Total-Income-ITAT-taxscan.jpeg "Addition of Part of Cash Deposit to Total Income on Surmises and Conjectures: ITAT upholds deletion of Addition u/s 69A [Read Order]")
![Delay cant be condoned in the absence of Sufficient Cause: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Sufficient-Cause-ITAT-taxscan.jpg "Delay cant be condoned in the absence of Sufficient Cause: ITAT [Read Order]")
Filing of Defective Appeal is a Mere Technical Breach: ITAT Condones Delay, directs Re-Adjudication [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Ahmedabad bench consists of Shri Pradip Kumar Kedia, Accountant Member & Smt. Madhumita Roy, Judicial Member has held that the...
![Filing of Defective Appeal is a Mere Technical Breach: ITAT Condones Delay, directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Filing-Defective-Appeal-Technical-Breach-ITAT-Condones-Delay-Re-Adjudication-taxscan.jpeg "Filing of Defective Appeal is a Mere Technical Breach: ITAT Condones Delay, directs Re-Adjudication [Read Order]")
Payment of Lease Rental for Containers can’t be treated as Revenue Expenditure as Depreciation was Claimed: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the amount of payment of lease rental cannot be treated as Revenue expenditure as the assessee’s claim for depreciation was...
![Payment of Lease Rental for Containers can’t be treated as Revenue Expenditure as Depreciation was Claimed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Payment-Lease-Rental-Containers-Revenue-Expenditure-Depreciation-ITAT-taxscan.jpg "Payment of Lease Rental for Containers can’t be treated as Revenue Expenditure as Depreciation was Claimed: ITAT [Read Order]")