ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Section 80A(5) cannot be invoked for denying Deduction u/s 80P even if ITR is not filed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/deduction-ITR-ITAT-taxscan.jpeg "Section 80A(5) cannot be invoked for denying Deduction u/s 80P even if ITR is not filed: ITAT [Read Order]")
Section 80A(5) cannot be invoked for denying Deduction u/s 80P even if ITR is not filed: ITAT [Read Order]
The Section 80A (5) cannot be invoked for denying deduction under Section 80P even if Income Tax Return was not filed, so was held by the Income Tax...
![No Deduction of Actual Expenditure incurred on House Property besides 30% Statutory Deduction on Income from House Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Deduction-Income-from-House-Property-ITAT-taxscan.jpg "No Deduction of Actual Expenditure incurred on House Property besides 30% Statutory Deduction on Income from House Property: ITAT [Read Order]")
![Adjustment by way of Computer generated Automated Message u/s 143(l)(a) is a Debatable Issue: ITAT rejects Plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Adjustment-Computer-Debatable-Issue-ITAT-taxscan.jpeg "Adjustment by way of Computer generated Automated Message u/s 143(l)(a) is a Debatable Issue: ITAT rejects Plea [Read Order]")
![Deduction reduced on account of interpretative process cannot be equated with furnishing of inaccurate particulars of Income, Penalty u/s 271(1)(c) will not sustain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Deduction-income-penalty-ITAT-taxscan.jpeg "Deduction reduced on account of interpretative process cannot be equated with furnishing of inaccurate particulars of Income, Penalty u/s 271(1)(c) will not sustain: ITAT [Read Order]")
![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]")
Property not let out during Assessing Year is not applicable for provision u/s 23(1)(c): ITAT [Read Order]
While considering a bunch of appeals, the Pune bench of Income Tax Appellate Tribunal (ITAT) has held that property which was not let out during the assessing year is not applicable u/s 23(1)(c) of...
![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]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has been allowedto submit the required documents for the approval of exemption u/s 80G(5)(vi) before the CIT(Exemption) as a relief to the...
![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]
The Delhi Bench of Income Tax Appellate Tribunal has held that Principal Commissioner of Income Tax (PCIT) fails to mention as to how assessment order was erroneous and prejudicial to interest of...
![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]")