ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![ITAT sets aside Income Tax Reassessment completed without Providing a Copy of the Reasons [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-Raipur-Bench-income-tax-reassessment-Raipur-income-Tax-ITAT-Raipur-taxcan-1.jpg "ITAT sets aside Income Tax Reassessment completed without Providing a Copy of the Reasons [Read Order]")
ITAT sets aside Income Tax Reassessment completed without Providing a Copy of the Reasons [Read Order]
The Raipur Bench of the Income Tax Appellate Tribunal ( ITAT ) sets aside income tax reassessment completed without providing copy of the reasons.The...
![Unsigned Excel Sheet without Corroboration Fails as Evidence in S. 153C Income Tax Proceedings: Gujarat HC dismisses Revenue’s Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Gujarat-High-Court-Gujarat-HC-Income-Tax-Proceedings-Section-153C-Income-Tax-Act-Unsigned-Excel-Sheet-TAXSCAN.jpg "Unsigned Excel Sheet without Corroboration Fails as Evidence in S. 153C Income Tax Proceedings: Gujarat HC dismisses Revenue’s Appeal [Read Order]")
![Gujarat HC allows Income Tax Deduction for Payment made to Clear Mortgage, dismisses Revenue’s Appeal u/s 263 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Gujarat-High-Court-Gujarat-HC-Income-Tax-Deduction-Income-Tax-TAXSCAN.jpg "Gujarat HC allows Income Tax Deduction for Payment made to Clear Mortgage, dismisses Revenue’s Appeal u/s 263 [Read Order]")
![Relief to Alembic Ltd: Gujarat HC allows Rs. 4 cr Income Tax Deduction u/s 80IA for Captive Power Plant [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-ITAT-Income-Tax-Deduction-Income-Tax-Appellate-Tribunal-Gujarat-High-Court-TAXSCAN.jpg "Relief to Alembic Ltd: Gujarat HC allows Rs. 4 cr Income Tax Deduction u/s 80IA for Captive Power Plant [Read Order]")
![Half Yearly Income Tax Digest: ITAT Rulings 2024 [Part II]](https://www.taxscan.in/wp-content/uploads/2024/07/Half-Yearly-Case-Digest-ITAT-Case-Digest-Half-Yearly-Income-Tax-Digest-Income-Tax-TAXSCAN.jpg "Half Yearly Income Tax Digest: ITAT Rulings 2024 [Part II]")
![Replacement of broken and damaged gear box of furnace klin is current repairs u/s 31(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Replacement-broken-and-damaged-gear-box-furnace-klin-ITAT-taxscan.jpeg "Replacement of broken and damaged gear box of furnace klin is current repairs u/s 31(1): ITAT [Read Order]")
Expenditure incurred exclusively for business to be allowed whether or not assessee was having any income during year: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), Chennai bench consisting of V Durga Rao, Judicial Member and Manoj Kumar Aggarwal, Accountant Member held that expenditure incurred exclusively for business to...
![Expenditure incurred exclusively for business to be allowed whether or not assessee was having any income during year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Expenditure-business-assessee-income-ITAT-taxscan.jpg "Expenditure incurred exclusively for business to be allowed whether or not assessee was having any income during year: ITAT [Read Order]")
Allowance of Additional Depreciation of Oil Well u/s 32(1) (iia) of Income Tax Act: Gujarat HC dismisses Revenue's Appeal [Read Order]
The Gujarat High Court has dismissed the appeal of revenue concerning the order of the Income Tax Appellate Tribunal (ITAT), allowing the assessee to claim additional depreciation under Section...
![Allowance of Additional Depreciation of Oil Well u/s 32(1) (iia) of Income Tax Act: Gujarat HC dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Allowance-Depreciation-Oil-Well-Income-Tax-Act-Gujarat-HC-Revenue-Appeal-taxscan.jpg "Allowance of Additional Depreciation of Oil Well u/s 32(1) (iia) of Income Tax Act: Gujarat HC dismisses Revenues Appeal [Read Order]")
ITAT deletes Addition of ‘On Money’ due to Lack of Information about Receipt of Money [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has deleted the income tax addition of ‘On Money’ due to lack of information about receipt of money. Yash Synthetics Private Limited, the...
![ITAT deletes Addition of ‘On Money’ due to Lack of Information about Receipt of Money [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-ITAT-Deletes-Addition-Income-Tax-Appellate-Tribunal-ITAT-mumbai-income-tax-addition-Income-Tax-taxscan.webp "ITAT deletes Addition of ‘On Money’ due to Lack of Information about Receipt of Money [Read Order]")