ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Compensation for Sterilization of the Profit Earning Source is a Capital Receipt and not Liable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Compensation-Sterilization-Profit-Earning-Source-Capital-Receipt-Liable-to-Tax-ITAT-Taxscan.jpg "Compensation for Sterilization of the Profit Earning Source is a Capital Receipt and not Liable to Tax: ITAT [Read Order]")
Compensation for Sterilization of the Profit Earning Source is a Capital Receipt and not Liable to Tax: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the amount of compensation received by the assesse for sterilization...
![Amendment in Finance Act, 2021 restricting Employees’ Contribution to ESI and PF after Due Date is Prospective: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Amendment-in-Finance-Act-Employees-Contribution-ESI-and-PF-ITAT-Taxscan.jpg "Amendment in Finance Act, 2021 restricting Employees’ Contribution to ESI and PF after Due Date is Prospective: ITAT [Read Order]")
![Denial of Benefit u/s 10A only because of Form No.56F was not Filed is quite erroneous: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/WhatsApp-Image-2022-03-11-at-4.03.17-PM.jpeg "Denial of Benefit u/s 10A only because of Form No.56F was not Filed is quite erroneous: ITAT [Read Order]")
![High Court’s Appellate Jurisdiction is limited to the fact that Tribunal is the Final Fact-Finding Authority: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/High-Courts-Appellate-Jurisdiction-Tribunal-Fact-Finding-Authority-Delhi-HC-Taxscan.jpg "High Court’s Appellate Jurisdiction is limited to the fact that Tribunal is the Final Fact-Finding Authority: Delhi HC [Read Order]")
![Date of Possession shall be considered to allow Capital Gain Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Date-of-Possession-Capital-Gain-Exemption-capital-gain-Exemption-ITAT-Taxscan.jpg "Date of Possession shall be considered to allow Capital Gain Exemption: ITAT [Read Order]")
Interim Relief to TATA AIG: ITAT remands Matter to AO to verify TDS Liability on Co-Insurance Fee paid to Lead Insurer [Read Order]
In an interim relief to TATA AIG, the Income Tax Appellate Tribunal (ITAT), Mumbai bench has remanded the matter to the Assessing Officer to verify the TDS liability on co-insurance fee paid by the...
![Interim Relief to TATA AIG: ITAT remands Matter to AO to verify TDS Liability on Co-Insurance Fee paid to Lead Insurer [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Interim-Relief-TATA-AIG-ITAT-AO-TDS-Liability-TDS-Co-Insurance-Fee-Lead-Insurer-Taxscan.jpg "Interim Relief to TATA AIG: ITAT remands Matter to AO to verify TDS Liability on Co-Insurance Fee paid to Lead Insurer [Read Order]")
Declaration of Income under IDS, 2016 not a Reasonable Cause for Non-filing of Income Tax Return: ITAT upholds Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, while upholding a penalty order passed under section 271F of the Income Tax Act, 1961 held that the declaration of income under the Income...
![Declaration of Income under IDS, 2016 not a Reasonable Cause for Non-filing of Income Tax Return: ITAT upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Declaration-of-income-IDS-Income-Tax-Return-ITAT-Penalty-Taxsscan.jpg "Declaration of Income under IDS, 2016 not a Reasonable Cause for Non-filing of Income Tax Return: ITAT upholds Penalty [Read Order]")
Profit Attribution not required since Indian AE is remunerated at Arm's Length Price: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that when the Indian A.E. is remunerated at arm's length price no further profit attribution is required under the provisions of the...
![Profit Attribution not required since Indian AE is remunerated at Arms Length Price: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Profit-Indian-AE-Arms-Length-Price-ITAT-taxscan.jpeg "Profit Attribution not required since Indian AE is remunerated at Arms Length Price: ITAT [Read Order]")
Newly Purchased Asset was found as Residential Property on Physical Inquiry: ITAT allows Capital Gain Exemption [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain exemption shall be allowed since it was found on physical inquiry that the new asset purchased is a...
![Newly Purchased Asset was found as Residential Property on Physical Inquiry: ITAT allows Capital Gain Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Newly-Purchased-Asset-Residential-Property-Physical-Inquiry-ITAT-Capital-Gain-Exemption-Taxscan.jpeg "Newly Purchased Asset was found as Residential Property on Physical Inquiry: ITAT allows Capital Gain Exemption [Read Order]")
PE can’t be established merely because Employees of Foreign Company visited India to render some Services: ITAT grants Relief to FCC Co. Ltd [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT), Delhi bench, while granting relief to FCC Co, Ltd, held that the revenue cannot prove the existence of Permanent Establishment merely...
![PE can’t be established merely because Employees of Foreign Company visited India to render some Services: ITAT grants Relief to FCC Co. Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/PE-Foreign-Company-Services-ITAT-FCC-Co.-Ltd-TAXSXCAN.jpeg "PE can’t be established merely because Employees of Foreign Company visited India to render some Services: ITAT grants Relief to FCC Co. Ltd [Read Order]")
Capital Gain to be determined as per Share of Parties in Property, Internal Family Arrangement need not be considered: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the capital gains shall be determined according to the respective share of the parties in residential property and not according...
![Capital Gain to be determined as per Share of Parties in Property, Internal Family Arrangement need not be considered: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Capital-Gain-Share-of-Parties-Property-Internal-Family-Arrangement-ITAT-Taxscan.jpg "Capital Gain to be determined as per Share of Parties in Property, Internal Family Arrangement need not be considered: ITAT [Read Order]")
Licensing of Microsoft Softwares in India is not Taxable as ‘Royalty’ as per Indo-US Treaty: Delhi HC [Read judgment]
The division bench of the Delhi High Court has held that the licensing of software products of Microsoft in the Territory of India by the Respondent was not taxable in India as Royalty under Section...
![Licensing of Microsoft Softwares in India is not Taxable as ‘Royalty’ as per Indo-US Treaty: Delhi HC [Read judgment]](https://www.taxscan.in/wp-content/uploads/2022/03/Licensing-of-Microsoft-Softwares-in-India-Taxable-Royalty-Indo-US-Treaty-Delhi-High-Court-Taxscan.jpg "Licensing of Microsoft Softwares in India is not Taxable as ‘Royalty’ as per Indo-US Treaty: Delhi HC [Read judgment]")