ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Penalty u/s 271 will not sustain when AO failed to specify the inaccurate particulars of income found: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-AO-income-ITAT-taxscan.jpeg "Penalty u/s 271 will not sustain when AO failed to specify the inaccurate particulars of income found: ITAT [Read Order]")
Penalty u/s 271 will not sustain when AO failed to specify the inaccurate particulars of income found: ITAT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) has held that penalty u/s 271 will not sustain when AO failed to specify inaccurate...
![Provision mandating furnishing of PAN with E-TDS has Overriding Effect: ITAT upholds Applicability of S. 206AA on Payments under Oral Agreements [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Provision-PAN-E-TDS-ITAT-Payments-Agreements-taxscan.jpeg "Provision mandating furnishing of PAN with E-TDS has Overriding Effect: ITAT upholds Applicability of S. 206AA on Payments under Oral Agreements [Read Order]")
![Purchase of 120 Computers by Publishers cannot be said for ‘Personal Use’: ITAT allows Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Computers-Publishers-ITAT-Depreciation-taxscan-2.jpg "Purchase of 120 Computers by Publishers cannot be said for ‘Personal Use’: ITAT allows Depreciation [Read Order]")
![AO fails to Point out on which Bills and Vouchers disallowance is made: ITAT deletes Estimated Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/AO-Bills-Vouchers-ITAT-taxscan.jpg "AO fails to Point out on which Bills and Vouchers disallowance is made: ITAT deletes Estimated Addition [Read Order]")
![Penalty u/s 271 alone will not Stand after Deletion of 54F Disallowance: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-Disallowance-ITAT-taxscan.jpg "Penalty u/s 271 alone will not Stand after Deletion of 54F Disallowance: ITAT [Read Order]")
Income Tax Act is a Welfare Legislation, Practical Difficulties of Assessee shall be Considered: ITAT condones Delay in filing Audit Report due to Illness of Accountant [Read Order]
While delivering another assessee-friendly ruling, the Income Tax Appellate Tribunal (ITAT), Pune bench has condoned a delay in filing audit report since the Accountant of the assessee was undergoing...
![Income Tax Act is a Welfare Legislation, Practical Difficulties of Assessee shall be Considered: ITAT condones Delay in filing Audit Report due to Illness of Accountant [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Act-Legislation-Assessee-ITAT-Audit-Report-Accountant-taxscan.jpeg "Income Tax Act is a Welfare Legislation, Practical Difficulties of Assessee shall be Considered: ITAT condones Delay in filing Audit Report due to Illness of Accountant [Read Order]")
Expenses paid through Cheques based on Self-Made Voucher allowable as Income Tax Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has allowed the expenses paid through cheques based on the self-made voucher allowable as deduction under the Income Tax Act, 1961 as the same was...
![Expenses paid through Cheques based on Self-Made Voucher allowable as Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Expenses-Cheques-Self-Made-Voucher-Deduction-ITAT-taxscan.jpg "Expenses paid through Cheques based on Self-Made Voucher allowable as Income Tax Deduction: ITAT [Read Order]")
ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench comprising Shri Saktijit Dey, Judicial Member & Shri Pradip Kumar Kedia, Accountant Member has allowed TDS credit to the assessee in the...
![ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-TDS-Credit-Credit-Claim-taxscan.jpg "ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]")
![TDS u/s 194H not applicable to Commission to Credit Card Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/TDS-Commission-Credit-Card-Company-ITAT-taxscan.jpg "TDS u/s 194H not applicable to Commission to Credit Card Company: ITAT [Read Order]")
Set back to TATA Sponge: ITAT disallows Income Tax Deduction u/s 80 IA as Income from Eligible unit Not shown in Gross Total Income [Read Order]
The Cuttack Bench of Income Tax Appellate Tribunal ( ITAT ) has disallowed deduction u/s 80 IA since income from eligible unit not shown in gross total income. The appellant, Tata Sponge...
![Set back to TATA Sponge: ITAT disallows Income Tax Deduction u/s 80 IA as Income from Eligible unit Not shown in Gross Total Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/TATA-Sponge-ITAT-Deduction-Income-Gross-Total-Income-taxscan.jpeg "Set back to TATA Sponge: ITAT disallows Income Tax Deduction u/s 80 IA as Income from Eligible unit Not shown in Gross Total Income [Read Order]")
Lower Authorities not properly Appreciated or Verified Documents adduced by Assessee: ITAT Restores matter to CIT(A) for Fresh Consideration [Read Order]
The Delhi bench of Income Tax Appellate Tribunal has held that lower authorities not properly appreciated or verified documents adduced by assessee and restores matter to CIT(A) for fresh...
![Lower Authorities not properly Appreciated or Verified Documents adduced by Assessee: ITAT Restores matter to CIT(A) for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Lower-Authorities-Verified-Documents-Assessee-ITAT-CITA-Fresh-Consideration-Taxscan.jpg "Lower Authorities not properly Appreciated or Verified Documents adduced by Assessee: ITAT Restores matter to CIT(A) for Fresh Consideration [Read Order]")
Inaccurate particulars of Income must be Coupled with Circumstantial Evidence: ITAT sets aside penalty u/s 271(1)(c) [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) consisting of Shri Waseem Ahmed, accountant member and Ms Madhumita Roy, Judicial member has held thatinaccurate particulars of income must...
![Inaccurate particulars of Income must be Coupled with Circumstantial Evidence: ITAT sets aside penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/income-circumstantial-evidence-ITAT-penalty-taxscan.jpeg "Inaccurate particulars of Income must be Coupled with Circumstantial Evidence: ITAT sets aside penalty u/s 271(1)(c) [Read Order]")