ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Legal Heirs Unaware of Details and Failed to Produce Additional Evidence before Lower Authority: ITAT Remands Matter back to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Legal-Heirs-Additional-Evidence-Lower-authority-ITAT-AO-taxscan.jpg "Legal Heirs Unaware of Details and Failed to Produce Additional Evidence before Lower Authority: ITAT Remands Matter back to AO [Read Order]")
Legal Heirs Unaware of Details and Failed to Produce Additional Evidence before Lower Authority: ITAT Remands Matter back to AO [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal has held that the legal heirs unaware of details and failed to produce additional evidence before...
![Non-response to Income Tax Notices due to Pandemic is Reasonable Cause for Delay: ITAT Orders Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Notices-ITAT-Adjudication-taxscan.jpeg "Non-response to Income Tax Notices due to Pandemic is Reasonable Cause for Delay: ITAT Orders Fresh Adjudication [Read Order]")
![Loan from Close Relatives & Friends cannot be treated as Unexplained to invoke S. 68: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Loan-Close-Relatives-Friends-ITAT-taxscan.jpg "Loan from Close Relatives & Friends cannot be treated as Unexplained to invoke S. 68: ITAT [Read Order]")
![Income Tax Penalty not leviable in the Absence of Specific Charge against Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Penalty-leviable-Assessee-ITAT-taxscan.jpeg "Income Tax Penalty not leviable in the Absence of Specific Charge against Assessee: ITAT [Read Order]")
![CBDT Circular prohibiting Freebies to Doctors does not applicable to Distributor of Generic Medicines, without Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/CBDT-Circular-Distributor-Generic-Medicines-Evidence-ITAT-taxscan.jpeg "CBDT Circular prohibiting Freebies to Doctors does not applicable to Distributor of Generic Medicines, without Evidence: ITAT [Read Order]")
Deduction u/s 80IA of Income Tax Act cannot be disallowed on the failure of Form No.10CCB submission: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench has held that the Claim of deduction under section 80IA of Income Tax Act 1961 cannot be disallowed only for the omission of From NO.10CCB...
![Deduction u/s 80IA of Income Tax Act cannot be disallowed on the failure of Form No.10CCB submission: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Deduction-Income-Tax-Act-Form-No.10CCB-ITAT-taxscan.jpg "Deduction u/s 80IA of Income Tax Act cannot be disallowed on the failure of Form No.10CCB submission: ITAT [Read Order]")
Denial of Corpus Donation without giving Assessee reasonable opportunity of being heard is unjust: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad bench consisting of P.M. Jagtap, Vice-President, and T.R. Senthil Kumar, Judicial Member held that denial of corpus donation without giving the...
![Denial of Corpus Donation without giving Assessee reasonable opportunity of being heard is unjust: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/corpus-donation-assessee-ITAT-taxscan.jpg "Denial of Corpus Donation without giving Assessee reasonable opportunity of being heard is unjust: ITAT [Read Order]")
Rental Income from Building cannot be treated as Business Income since Assessee is not Involved in Business of Leasing: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Vishakhapatnam bench has held that the rental income received from the building cannot be treated as business income of the assessee who is not involved in...
![Rental Income from Building cannot be treated as Business Income since Assessee is not Involved in Business of Leasing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/ITAT-Vishakapattanam-Rental-Income-Business-Income-Assessee-Business-of-Leasing-ITAT-taxscan.jpeg "Rental Income from Building cannot be treated as Business Income since Assessee is not Involved in Business of Leasing: ITAT [Read Order]")
![Depreciation allowable on Goodwill: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Depreciation-Goodwill-ITAT-taxscan.jpeg "Depreciation allowable on Goodwill: ITAT [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/2022/05/Drawings-non-business-Deduction-ITAT-Taxscan.jpeg "Drawings made for Non-Business purposes are not allowable as Income Tax Deduction: ITAT [Read Order]")
![Husband can claim Capital Gain Exemption for Investment made in the name of Wife: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Deduction-claim-Capital-Gain-Exemption-Investment-ITAT-taxscan.jpeg "Husband can claim Capital Gain Exemption for Investment made in the name of Wife: ITAT [Read Order]")
Revisional Order should be in Detail, Enriched with Facts: ITAT quashes Non-Speaking Order [Read Order]
The Amritsar bench of the Income Tax Appellate Tribunal (ITAT) while quashing a revisional order, has held that the order under section 263 of the Income Tax Act, 1961 shall be a speaking order which...
![Revisional Order should be in Detail, Enriched with Facts: ITAT quashes Non-Speaking Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Revisional-Order-ITAT-Non-Speaking-Order-taxscan.jpg "Revisional Order should be in Detail, Enriched with Facts: ITAT quashes Non-Speaking Order [Read Order]")