ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![If Assessment Order passed under Section 153A held to be void ab initio Penalty does not survive: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/assessment-void-ab-initio-penalty-survive-ITAT-taxscan.jpeg "If Assessment Order passed under Section 153A held to be void ab initio Penalty does not survive: ITAT [Read Order]")
If Assessment Order passed under Section 153A held to be void ab initio Penalty does not survive: ITAT [Read Order]
If assessment order passed under Section 153A was held to be void ab initio, penalty on the additions does not survive, so was held by the Income Tax...
![Amount once included and Taxed from Partner can’t be added to Taxable Income of Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Amount-taxable-income-ITAT-taxscan.jpeg "Amount once included and Taxed from Partner can’t be added to Taxable Income of Firm: ITAT [Read Order]")
![Share Price increased due to Manipulation and Rigging through Penny Stock Company: ITAT upholds Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Manipulation-and-Rigging-Penny-Stock-Company-ITAT-taxscan.jpeg "Share Price increased due to Manipulation and Rigging through Penny Stock Company: ITAT upholds Addition [Read Order]")
![Income Tax on Maturity of LIC Policy: Proportionate Principal Amount of Premium Deductible as per CBDT Circular, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/LIC-Policy-Principal-Amount-Premium-CBDT-Circular-ITAT-taxscan.jpeg "Income Tax on Maturity of LIC Policy: Proportionate Principal Amount of Premium Deductible as per CBDT Circular, rules ITAT [Read Order]")
Relief to Indian Red Cross: ITAT sets aside Addition by AO during re-assessment proceedings [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench consisting of Pramod Kumar, Vice President, and Siddhartha Nautiyal, Judicial Member sets aside addition towards 'Anonymous Donations'...
![Relief to Indian Red Cross: ITAT sets aside Addition by AO during re-assessment proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Indian-Red-Cross-ITAT-AO-re-assessment-taxscan.jpeg "Relief to Indian Red Cross: ITAT sets aside Addition by AO during re-assessment proceedings [Read Order]")
![ITAT imposes Cost of Rs. 5,000 for Negligent Attitude during Income Tax proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-Negligent-Attitude-Income-Tax-proceedings-taxscan.jpeg "ITAT imposes Cost of Rs. 5,000 for Negligent Attitude during Income Tax proceedings [Read Order]")
Gift from Mother: ITAT deletes Penalty since AO does not examine the Veracity of Affidavit filed by Assessee's Mother [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench consisting of Suchitra Kamble, Judicial Member, and Waseem Ahmed, Accountant Member held that details in return of income which are not...
![Gift from Mother: ITAT deletes Penalty since AO does not examine the Veracity of Affidavit filed by Assessees Mother [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Gift-Mother-ITAT-Penalty-AO-Assessees-Mother-taxscan.jpg "Gift from Mother: ITAT deletes Penalty since AO does not examine the Veracity of Affidavit filed by Assessees Mother [Read Order]")
Drawings made for Non-Business purposes are not allowable as Income Tax Deduction: ITAT [Read Order]
The Visakhapatnam bench of the Income Tax Appellate Tribunal (ITAT) has held that drawings made for non-business purposes are not allowable as a deduction under section 36(1)(iii) of the Income Tax...
![Drawings made for Non-Business purposes are not allowable as Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Drawings-non-business-Deduction-ITAT-taxscan.jpeg "Drawings made for Non-Business purposes are not allowable as Income Tax Deduction: ITAT [Read Order]")
![Income Tax collected through Vivad Se Viswas Scheme, Penalty cannot Sustain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Vivad-Se-Viswas-Scheme-Penalty-ITAT-taxscan.jpg "Income Tax collected through Vivad Se Viswas Scheme, Penalty cannot Sustain: ITAT [Read Order]")
![Non-issue of Proper SCN can be fatal to Proceedings under the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/show-cause-notice-proceedings-Income-tax-Act-ITAT-taxscan.jpg "Non-issue of Proper SCN can be fatal to Proceedings under the Income Tax Act: ITAT [Read Order]")
Affidavit filed by Assessee is vague and non-descript has no Evidentiary Value: ITAT upholds Addition of LTCG: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of Saktijit Dey, Judicial Member and Pradip Kumar Kedia, Accountant Member upholds addition of Long Term Capital Gain (LTCG) on the ground...
![Affidavit filed by Assessee is vague and non-descript has no Evidentiary Value: ITAT upholds Addition of LTCG: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Affidavit-Assessee-Evidentiary-Value-ITAT-LTCG-ITAT-taxscan.jpeg "Affidavit filed by Assessee is vague and non-descript has no Evidentiary Value: ITAT upholds Addition of LTCG: ITAT [Read Order]")