ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Charitable Trust entitled to Carry Forward, Adjust Excess Expenditure in earlier years against Income of subsequent years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-charitable-trust-requisite-documents-CITExemption-Taxscan.jpg "Charitable Trust entitled to Carry Forward, Adjust Excess Expenditure in earlier years against Income of subsequent years: ITAT [Read Order]")
Charitable Trust entitled to Carry Forward, Adjust Excess Expenditure in earlier years against Income of subsequent years: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that the Charitable trust is entitled to carry forward, adjust excess expenditure in...
![ITAT deletes Disallowance made on account of Expenses not allowable under the head ‘Income from House Property’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/House-Property-Taxscan.jpg "ITAT deletes Disallowance made on account of Expenses not allowable under the head ‘Income from House Property’ [Read Order]")
![ITAT directs to send Notices to Assessee’s Lawyer via Email since the same could not be served on the Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/itat-Notices-Assessees-Lawyer-Email-taxscan.jpg "ITAT directs to send Notices to Assessee’s Lawyer via Email since the same could not be served on the Assessee [Read Order]")
National Faceless Appeal Centre shall pass a Speaking Order even if Assessee fails to Represent during Hearing: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jodhpur has held that the National Faceless Appeal Centre, (NFAC) shall pass a speaking order even if the assessee fails to represent him before it during...
![National Faceless Appeal Centre shall pass a Speaking Order even if Assessee fails to Represent during Hearing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/NFAC-Speaking-Order-Assessee-Hearing-ITAT-Taxscan.jpg "National Faceless Appeal Centre shall pass a Speaking Order even if Assessee fails to Represent during Hearing: ITAT [Read Order]")
Delay should be condoned unless Malafides on Conduct of party: ITAT remits issue of Levy of Fee under Income Tax Act to CIT(A) [Read Order]
The Banglore Bench of Income Tax Appellate Tribunal (ITAT) while remitting the issue of levy of fee under Income Tax Act to CIT(A) held that Delay should be condoned unless mala fides on conduct of...
![Delay should be condoned unless Malafides on Conduct of party: ITAT remits issue of Levy of Fee under Income Tax Act to CIT(A) [Read Order]](/images/placeholder.jpg "Delay should be condoned unless Malafides on Conduct of party: ITAT remits issue of Levy of Fee under Income Tax Act to CIT(A) [Read Order]")
Assessee discharged it onus to prove all Shareholders were Corporate entities, duly assessed to Tax but Income Tax Dept. failed to Rebut: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that the assessee discharged its onus to prove all shareholders were corporate entities, duly assessed to tax but Income Tax Department...
![Assessee discharged it onus to prove all Shareholders were Corporate entities, duly assessed to Tax but Income Tax Dept. failed to Rebut: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Assessee-onus-shareholders-corporate-entities-tax-Income-Tax-Department-ITAT-Rebut-Taxscan.jpeg "Assessee discharged it onus to prove all Shareholders were Corporate entities, duly assessed to Tax but Income Tax Dept. failed to Rebut: ITAT [Read Order]")
Depreciation can’t be claimed on Factory Building leased out to Earn Rental Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the depreciation cannot be claimed on the factory building leased out to earn the rental income taxable as “Income from House...
![Depreciation can’t be claimed on Factory Building leased out to Earn Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Unabsorbed-depreciation-Madras-High-Court-Taxscan.jpg "Depreciation can’t be claimed on Factory Building leased out to Earn Rental Income: ITAT [Read Order]")
No Capital Gain since Land Owner granted Permissive Possession to Builder under JDA: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that no capital gain can be computed in the hands of the assessee (landowner) on the ground that only permissive possession...
![No Capital Gain since Land Owner granted Permissive Possession to Builder under JDA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/ITAT-Bangalore-Capital-Gain-Land-Owner-Builder-JDA-ITAT-taxscan.jpg "No Capital Gain since Land Owner granted Permissive Possession to Builder under JDA: ITAT [Read Order]")
Addition of Excess Share Premium: AO cannot change Method of Valuation of Shares, rules ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT), while considering an appeal challenging the addition of excess share premium under section 68 of the Income Tax Act, 1961 has held...
![Addition of Excess Share Premium: AO cannot change Method of Valuation of Shares, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/AO-ITAT-Excess-Share-Premium-Share-Premium-Valuation-of-Shares-Taxscan.jpg "Addition of Excess Share Premium: AO cannot change Method of Valuation of Shares, rules ITAT [Read Order]")
‘Agreement to Sell’ will not result in Transfer of Asset for computing Capital Gain: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that mere ‘agreement to sell’ would not result in the transfer of assets for the purpose of computing the amount of capital gain...
![‘Agreement to Sell’ will not result in Transfer of Asset for computing Capital Gain: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/company-transfer-capital-assets-Taxscan.jpeg "‘Agreement to Sell’ will not result in Transfer of Asset for computing Capital Gain: ITAT deletes Addition [Read Order]")