ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Revisional Order does not specify reason Why Assessment Order allowing 15% Exemption for Income from Govt Grants is Erroneous: ITAT Quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Revisional-Order-15-Exemption-ITAT.jpg "Revisional Order does not specify reason Why Assessment Order allowing 15% Exemption for Income from Govt Grants is Erroneous: ITAT Quashes Order [Read Order]")
Revisional Order does not specify reason Why Assessment Order allowing 15% Exemption for Income from Govt Grants is Erroneous: ITAT Quashes Order [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT), while quashing an order passed under section 263 of the Income Tax Act, 1961 has...
![Interest Income only cannot attract Depreciation under Section 32 of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Interest-Income-Depreciation-n-Income-Tax-Act-ITAT-taxscan.jpg "Interest Income only cannot attract Depreciation under Section 32 of the Income Tax Act: ITAT [Read Order]")
![ITAT allows LTCG Claim since Revenue failed to establish link between Transactions and Information from Intelligence Wing & SEBI Report [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/ITAT-LTCG-Intelligence-Wing-SEBI-Report-Taxscan.jpeg "ITAT allows LTCG Claim since Revenue failed to establish link between Transactions and Information from Intelligence Wing & SEBI Report [Read Order]")
![Carry Forward of Business Loss cannot be denied merely for not getting Statutory Audit / Tax Audit done: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Carry-Forward-Business-Loss-denied-Statutory-Audit-Tax-Audit-ITAT-Taxscan.jpg "Carry Forward of Business Loss cannot be denied merely for not getting Statutory Audit / Tax Audit done: ITAT [Read Order]")
![Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Claim-of-Deduction-ESI-Provident-Fund-Finance-Act-Amendment-ITAT-Taxscan.jpg "Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]")
Inspection & Examination of Goods before Shipment cannot be treated as ‘Technical & Managerial Services’: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the activity of inspection and examination of goods before shipment cannot be treated as technical and managerial services under...
![Inspection & Examination of Goods before Shipment cannot be treated as ‘Technical & Managerial Services’: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Inspection-ITAT-ITAT-Delhi-Technical-Managerial-Services-Examination-of-Goods-Taxscan.jpg "Inspection & Examination of Goods before Shipment cannot be treated as ‘Technical & Managerial Services’: ITAT deletes Addition [Read Order]")
![ITAT extends Stay granted to Google [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/ITAT-Stay-granted-Google.jpeg "ITAT extends Stay granted to Google [Read Order]")
Annual Mixed Charges paid to Municipal Corporation of Delhi cannot treated as 'Tax', not Deductible from Rental Income: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the annual mixed charges paid to the Municipal Corporation of Delhi would not amount to ‘tax’ and allowable under section 23...
![Annual Mixed Charges paid to Municipal Corporation of Delhi cannot treated as Tax, not Deductible from Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Annual-Mixed-Municipal-Corporation-of-Delhi-Tax-rental-Income-ITAT-taxscan.jpg "Annual Mixed Charges paid to Municipal Corporation of Delhi cannot treated as Tax, not Deductible from Rental Income: ITAT [Read Order]")
Relief to Aishwarya Rai Bachchan: Revisional Jurisdiction cannot be invoked on ground of an Invalid Re-Assessment by AO, says ITAT [Read Order]
In a Relief to Aishwarya Rai Bachchan, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the Commissioner of Income Tax cannot invoke his revisional jurisdiction under...
![Relief to Aishwarya Rai Bachchan: Revisional Jurisdiction cannot be invoked on ground of an Invalid Re-Assessment by AO, says ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Relief-Aishwarya-Rai-Bachchan-Revisional-Jurisdiction-Invalid-Re-Assessment-AO-ITAT-Taxscan-1.jpg "Relief to Aishwarya Rai Bachchan: Revisional Jurisdiction cannot be invoked on ground of an Invalid Re-Assessment by AO, says ITAT [Read Order]")
Distribution of Freebies to Doctors is a regular Business Practice, Dept cannot deny decision when Claim is proved with Documents: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that when the department accepted the fact that the distribution of free samples to doctors is a regular business practice, then...
![Distribution of Freebies to Doctors is a regular Business Practice, Dept cannot deny decision when Claim is proved with Documents: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Distribution-of-free-samples-to-Doctors-is-a-regular-business-practice-Dept-cannot-deny-decision-when-Claim-is-proved-with-Documents-ITAT-Taxscan.jpeg "Distribution of Freebies to Doctors is a regular Business Practice, Dept cannot deny decision when Claim is proved with Documents: ITAT [Read Order]")
Time Limit for Re-Assessment of Escaped Income on Assets Outside India is 16 Years: ITAT restores Order against Senior Chartered Accountant [Read Order]
While considering an appeal filed by the assessee, Mr. Dilip J Thakkar, one of the most senior Chartered Accountants in India, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held...
![Time Limit for Re-Assessment of Escaped Income on Assets Outside India is 16 Years: ITAT restores Order against Senior Chartered Accountant [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Time-Limit-Re-Assessment-Escaped-Income-ITAT-Chartered-Accountant-Taxscan.jpg "Time Limit for Re-Assessment of Escaped Income on Assets Outside India is 16 Years: ITAT restores Order against Senior Chartered Accountant [Read Order]")
Income received in Excess of Face Value of Shares u/s 56 of Income Tax Act is Taxable: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has ruled that, Income received in Excess of Face Value of Shares under Section 56 of the Income Tax Act is Taxable. The assessee is...
