ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![ITAT Quashes ₹3960+ Crore Tax Demand Against Booking.com, Rules No Permanent Establishment in India [Read Order]](https://images.taxscan.in/h-upload/2026/03/04/2127780-itat-quashes-3960-crore-tax-demandjpg.webp "ITAT Quashes ₹3960+ Crore Tax Demand Against Booking.com, Rules No Permanent Establishment in India [Read Order]")
ITAT Quashes ₹3960+ Crore Tax Demand Against Booking.com, Rules No Permanent Establishment in India [Read Order]
In a recent ruling The Income Tax Appellate Tribunal (ITAT) Delhi has set aside a tax demand of over ₹3960 crore, holding that the Netherlands‑based...
![Mere Acceptance of SBN During Demonetization cannot be Treated as Unexplained Cash Credit when Cooperative Society Acts as Intermediary: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/26/2127179-mere-acceptancejpg.webp "Mere Acceptance of SBN During Demonetization cannot be Treated as Unexplained Cash Credit when Cooperative Society Acts as Intermediary: ITAT [Read Order]")
![Trust Expenditure to not Exceed 5% of Income for Religious Purposes: ITAT Remands Matter to CIT(E) [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127072-trust-expenditurejpg.webp "Trust Expenditure to not Exceed 5% of Income for Religious Purposes: ITAT Remands Matter to CIT(E) [Read Order]")
![Interest Income on Securities Accrues on Due Date of Payment and not on Everyday Basis: Supreme Court Declines Interference with Bombay HC Ruling [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127059-due-datejpg.webp "Interest Income on Securities Accrues on Due Date of Payment and not on Everyday Basis: Supreme Court Declines Interference with Bombay HC Ruling [Read Order]")
PCIT Cannot Rely on AI Overview on London Rental Yields to Revise ALV: ITAT quashes Income Tax Revision Against Senior Advocate Mukul Rohatgi [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that the PCIT cannot rely on an AI overview of London rental yields to revise the AnnualLetting Value (ALV) under Section 263. The...
![PCIT Cannot Rely on AI Overview on London Rental Yields to Revise ALV: ITAT quashes Income Tax Revision Against Senior Advocate Mukul Rohatgi [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2126985-pcit-cannot-rely-ai-overview-london-rental-yields-revise-alv-itat-quashes-income-tax-revision-against-senior-advocate-mukul-rohatgi-taxscan.webp "PCIT Cannot Rely on AI Overview on London Rental Yields to Revise ALV: ITAT quashes Income Tax Revision Against Senior Advocate Mukul Rohatgi [Read Order]")
Scrap Dealing is a Peculiar Business, Books of Account not Required: ITAT Allows Appeal, Notes Declared Income u/s 44AD [Read Order]
The Income Tax Appellate Tribunal (ITAT), Agra Bench, held that books of accounts are not required in peculiar businesses like scrap dealing due to their unpredictable market. The tribunal allowed...
![Scrap Dealing is a Peculiar Business, Books of Account not Required: ITAT Allows Appeal, Notes Declared Income u/s 44AD [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126895-scrap-dealing-is-a-peculiar-business-books-of-account-not-required-itat-taxscan.webp "Scrap Dealing is a Peculiar Business, Books of Account not Required: ITAT Allows Appeal, Notes Declared Income u/s 44AD [Read Order]")
ITAT Cannot Grant S. 12A Registration Based Solely on Oral Submissions Without Evidence: Punjab & Haryana HC [Read Order]
In a recent ruling, the Punjab and Haryana High Court held that the Income Tax Appellate Tribunal cannot grant registration under Section 12A of the Income Tax Act only based on oral submissions...
![ITAT Cannot Grant S. 12A Registration Based Solely on Oral Submissions Without Evidence: Punjab & Haryana HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126876-itat-registration-based-solely-on-oral-submissions-without-evidence-taxscan.webp "ITAT Cannot Grant S. 12A Registration Based Solely on Oral Submissions Without Evidence: Punjab & Haryana HC [Read Order]")
ITAT Rules Startups Cannot Be Denied Deduction u/s 80‑IAC for Technical Error; Remits Case for Verification [Read Order]
In a recent ruling The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has clarified that the non‑filing of Form 10CCB is a procedural lapse and cannot by itself justify the denial of a...
![ITAT Rules Startups Cannot Be Denied Deduction u/s 80‑IAC for Technical Error; Remits Case for Verification [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126842-itat-rulesjpg.webp "ITAT Rules Startups Cannot Be Denied Deduction u/s 80‑IAC for Technical Error; Remits Case for Verification [Read Order]")
No S. 80-IC Benefit on Duty Drawback as it is not Income Derived from Industrial Undertaking: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that duty drawback cannot be allowed as deduction under Section 80-IC of the Income Tax Act because it is not income derived from the industrial...
![No S. 80-IC Benefit on Duty Drawback as it is not Income Derived from Industrial Undertaking: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/21/2126625-no-s-80-ic-benefit-on-dutyjpg.webp "No S. 80-IC Benefit on Duty Drawback as it is not Income Derived from Industrial Undertaking: Delhi HC [Read Order]")
Mere Inclusion of Scrip in ‘Penny Stock’ List without Material Evidence of Price Manipulation Not Justify Addition: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that mere inclusion of a company’s shares in an investigation report as a “penny stock”, without material evidence is not...
![Mere Inclusion of Scrip in ‘Penny Stock’ List without Material Evidence of Price Manipulation Not Justify Addition: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126504-penny-stock-11jpg.webp "Mere Inclusion of Scrip in ‘Penny Stock’ List without Material Evidence of Price Manipulation Not Justify Addition: ITAT [Read Order]")