ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Revisional Jurisdiction cannot be invoked merely because Assessment Order was without Reasons: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Revisional-Jurisdiction-Assessment-Order-Reasons-ITAT-Assessment-jurisdiction-Taxscan.jpg "Revisional Jurisdiction cannot be invoked merely because Assessment Order was without Reasons: ITAT [Read Order]")
Revisional Jurisdiction cannot be invoked merely because Assessment Order was without Reasons: ITAT [Read Order]
The Income Tax Appellate Tribunal, Mumbai bench, while granting relief to M/s Reliance Payment Solutions Pvt Ltd, held that the revisional...
![Income Tax Proceedings attached with Presumption of Truth: Non-Appearance Implies that Assessee has Nothing to Rebut, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Income-Tax-Income-Tax-Proceedings-Presumption-of-Truth-Non-Appearance-Rebut-ITAT-Assessee-Taxscan.jpg "Income Tax Proceedings attached with Presumption of Truth: Non-Appearance Implies that Assessee has Nothing to Rebut, rules ITAT [Read Order]")
![Relief to HP Services Singapore: Payment to Microsoft for Software Purchase does not amount to ‘Royalty’, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/HP-Services-Singapore-Payment-to-Microsoft-Software-Purchase-Royalty-ITAT-Taxscan.jpeg "Relief to HP Services Singapore: Payment to Microsoft for Software Purchase does not amount to ‘Royalty’, rules ITAT [Read Order]")
![Trust is Deemed to be Registered U/S 12AA in the Absence of Refusal of Registration within 6 months: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Trust-Registered-U-S-12AA-Refusal-of-Registration-registration-6-months-ITAT-Taxscan.jpg "Trust is Deemed to be Registered U/S 12AA in the Absence of Refusal of Registration within 6 months: ITAT [Read Order]")
![Car Parking Spaces Independent of Flat sold to Other Members shall be Assessed as Short Term Assets: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Car-Parking-Spaces-Car-Parking-Flat-Members-Short-Term-Assets-ITAT-Taxscan.jpg "Car Parking Spaces Independent of Flat sold to Other Members shall be Assessed as Short Term Assets: ITAT [Read Order]")
![Delay in filing Form 67 can’t be a reason to deny Foreign Tax Credit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Delay-filing-Form-67-Foreign-Tax-Credit-ITAT-tax-credit-Taxscan.jpg "Delay in filing Form 67 can’t be a reason to deny Foreign Tax Credit: ITAT [Read Order]")
Income Tax Penalty on alleged Cash Loan based on Loose Papers: ITAT quashes Order against Deceased Assessee since Authenticity of Transaction can’t be Vouched [Read Order]
The Delhi bench of the ITAT has quashed a penalty order whereby the income tax authorities imposed a penalty under section 271D of the Income Tax Act, 1961 as the order was based on loose papers and...
![Income Tax Penalty on alleged Cash Loan based on Loose Papers: ITAT quashes Order against Deceased Assessee since Authenticity of Transaction can’t be Vouched [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Income-Tax-Penalty-income-tax-Penalty-Cash-Loan-Loose-Papers-ITAT-quashes-Order-Deceased-Assessee-Authenticity-Transaction-Taxscan.jpg "Income Tax Penalty on alleged Cash Loan based on Loose Papers: ITAT quashes Order against Deceased Assessee since Authenticity of Transaction can’t be Vouched [Read Order]")
Information from Investigation Wing/AIR cannot be a Tangible Material to Initiate Re-Assessment: ITAT [Read Order]
The Delhi bench of the ITAT has quashed the re-assessment proceedings holding that the information received from the Investigations Wing or AIR cannot be said to be a tangible material per se without...
![Information from Investigation Wing/AIR cannot be a Tangible Material to Initiate Re-Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Investigation-Tangible-Material-Re-Assessment-ITAT-taxscan-1.jpeg "Information from Investigation Wing/AIR cannot be a Tangible Material to Initiate Re-Assessment: ITAT [Read Order]")
![Penalty Notice issued in a Stereotyped manner without applying mind is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Penalty-Notice-Stereotyped-manner-ITAT-taxscan.jpeg "Penalty Notice issued in a Stereotyped manner without applying mind is Invalid: ITAT [Read Order]")
Performance Guarantee Commission is not Taxable as Royalty under Indo-Singapore DTAA: ITAT [Read Order]
The Kolkata bench of the UTAT has held that the performance guarantee commission received from a Singapore entity cannot be taxable as royalty under the provisions of the DTAA between India and...
![Performance Guarantee Commission is not Taxable as Royalty under Indo-Singapore DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Guarantee-Commission-Taxable-Royalty-Indo-Singapore-DTAA-ITAT-Taxscan.jpeg "Performance Guarantee Commission is not Taxable as Royalty under Indo-Singapore DTAA: ITAT [Read Order]")
![Issuance of S. 143(2) Notice Mandatory for S. 153A Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Notice-Proceedings-ITAT-taxscan.jpeg "Issuance of S. 143(2) Notice Mandatory for S. 153A Proceedings: ITAT [Read Order]")
Arrangement of Unsecured Loan through Sham Company: ITAT upholds Addition as Genuineness of Transaction was not Proved [Read Order]
The Hyderabad bench of the ITAT has upheld an addition made by the income tax department in respect of unsecured loan from a sham company as the assessee failed to prove the genuineness and the...
![Arrangement of Unsecured Loan through Sham Company: ITAT upholds Addition as Genuineness of Transaction was not Proved [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Unsecured-Loan-Sham-Company-ITAT-Genuineness-of-Transaction.jpg "Arrangement of Unsecured Loan through Sham Company: ITAT upholds Addition as Genuineness of Transaction was not Proved [Read Order]")