ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Specific limb must be mentioned in the Notice of Penalty u/s 271: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/notice-penalty-ITAT-taxscan.jpg "Specific limb must be mentioned in the Notice of Penalty u/s 271: ITAT [Read Order]")
Specific limb must be mentioned in the Notice of Penalty u/s 271: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench comprising, Ms Suchitra Kamble, JM and Shri Waseem Ahmed, AM has held that a notice of...
![Interest Free Loans cannot be treated as Deemed Dividends u/s 2(22)(e): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Interest-free-loans-deemed-dividends-ITAT-taxscan.jpg "Interest Free Loans cannot be treated as Deemed Dividends u/s 2(22)(e): ITAT [Read Order]")
![No Proper Reason for Non-Appearance before Income Tax Authorities: ITAT imposes Cost of Rs. 10,000 on Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Non-Appearance-Income-Tax-Authorities-ITAT-Assessee-Income-tax-Taxscan.jpg "No Proper Reason for Non-Appearance before Income Tax Authorities: ITAT imposes Cost of Rs. 10,000 on Assessee [Read Order]")
![Retired Army Officer kept Cash to Meet Medical Emergencies: ITAT deletes Addition for Cash Deposit during Demonetization [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Cash-Medical-Emergencies-ITAT-Cash-Deposit-Demonetization-taxscan.jpg "Retired Army Officer kept Cash to Meet Medical Emergencies: ITAT deletes Addition for Cash Deposit during Demonetization [Read Order]")
![TDS Credit is allowable if it was not claimed in Subsequent Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/TDS-credit-ITAT-Taxscan.jpg "TDS Credit is allowable if it was not claimed in Subsequent Year: ITAT [Read Order]")
Mere existence of Addition on Income during Assessment Proceedings does not attract Income Tax Penalty: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) has held that the mere existence of addition on income during assessment proceedings does not attract Income Tax Penalty. The...
![Mere existence of Addition on Income during Assessment Proceedings does not attract Income Tax Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Assessment-Proceeding-Income-Tax-Penalty-ITAT-taxscan.jpg "Mere existence of Addition on Income during Assessment Proceedings does not attract Income Tax Penalty: ITAT [Read Order]")
Disallowance is Calculated based on Average Value of Share, Exempt Income earned as per Rule 8D(2)(iii): ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that as per rule 8D(2)(iii), the disallowance under 14A needs to calculate based on the average value of the share by exempt income...
![Disallowance is Calculated based on Average Value of Share, Exempt Income earned as per Rule 8D(2)(iii): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Disallowance-average-value-share-exempt-income-ITAT-Taxscan.jpeg "Disallowance is Calculated based on Average Value of Share, Exempt Income earned as per Rule 8D(2)(iii): ITAT [Read Order]")
SIDC eligible for S. 80IA Deduction in respect of Interest on Land Premium on Industrial Parks: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Dehradun bench has held that State Infrastructure & Industrial Development Corporation of Uttarakhand Ltd. (SIDC) is eligible for deduction under...
![SIDC eligible for S. 80IA Deduction in respect of Interest on Land Premium on Industrial Parks: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/SIDC-Interest-Land-Premium-Industrial-Parks-ITAT-taxscan.jpg "SIDC eligible for S. 80IA Deduction in respect of Interest on Land Premium on Industrial Parks: ITAT [Read Order]")
![Order u/s 263 passed in Violation of Natural Justice principle can’t sustain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/violation-natural-justice-principle-ITAT-taxscan.jpeg "Order u/s 263 passed in Violation of Natural Justice principle can’t sustain: ITAT [Read Order]")
Income earned in Absence of FTS clause in DTAA would fall as Business Income and cannot Taxed in India in Absence of PE: ITAT [Read Order]
The Delhi Bench Income Tax Appellate Tribunal has held that income earned in absence of Fee for Technical Service (FTS) clause in Double tax avoidance agreement (DTAA) would fall as business income...
![Income earned in Absence of FTS clause in DTAA would fall as Business Income and cannot Taxed in India in Absence of PE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-DTAA-Business-Income-PE-ITAT-taxscan.jpg "Income earned in Absence of FTS clause in DTAA would fall as Business Income and cannot Taxed in India in Absence of PE: ITAT [Read Order]")
Appeal against Scrutiny Assessment pending Adjudication: ITAT quashes Revision proceedings Initiated by PCIT [Read Order]
The Cochin Bench of Income Tax Appellate Tribunal has held that appeal against scrutiny assessment pending adjudication and quashes revision proceedings initiated by Principle Commissioner of Income...
![Appeal against Scrutiny Assessment pending Adjudication: ITAT quashes Revision proceedings Initiated by PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Appeal-Scrutiny-Assessment-Adjudication-ITAT-PCIT-taxscan.jpeg "Appeal against Scrutiny Assessment pending Adjudication: ITAT quashes Revision proceedings Initiated by PCIT [Read Order]")
International Transaction of Information Technology Enabled Services can be calculated under Arm’s Length: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) comprising of Shri R K Panda, AM and Shri Yogesh Kumar U S, JM has held that international transactions of Information Technology...
![International Transaction of Information Technology Enabled Services can be calculated under Arm’s Length: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/International-transaction-Information-Technology-Services-Arms-Length-ITAT-taxscan.jpg "International Transaction of Information Technology Enabled Services can be calculated under Arm’s Length: ITAT [Read Order]")