ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![AO under guise of Power to re-open Assessment can’t undertake a Fishing or Roving Inquiry or seek to verify the claim like a Scrutiny Officer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/AO-Quise-of-power-re-open-Assessment-Fishing-Roving-inquiry-Scrutiny-Officer-ITAT-Taxscan.jpg "AO under guise of Power to re-open Assessment can’t undertake a Fishing or Roving Inquiry or seek to verify the claim like a Scrutiny Officer: ITAT [Read Order]")
AO under guise of Power to re-open Assessment can’t undertake a Fishing or Roving Inquiry or seek to verify the claim like a Scrutiny Officer: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the AO under guise of power to re-open Assessment cannot undertake a fishing or...
![Assessing Officer not justified in making Disallowance of Interest Expenditure as it was not subject matter of Limited Scrutiny: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/AO-disallowance-of-interest-expenditure-limited-scrutiny-ITAT-Taxscan.jpg "Assessing Officer not justified in making Disallowance of Interest Expenditure as it was not subject matter of Limited Scrutiny: ITAT [Read Order]")
![Petty Expenses relating to Telephone Expenses, Advertisement Expenses can’t be disallowed on ad-hoc basis in case of Corporate Entity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Petty-expenses-telephone-expenses-advertisement-expenses-ad-hoc-basis-corporate-entity-ITAT-Taxscan.jpg "Petty Expenses relating to Telephone Expenses, Advertisement Expenses can’t be disallowed on ad-hoc basis in case of Corporate Entity: ITAT [Read Order]")
![ITAT upholds CIT(A)’s Order on Charging the difference of Profit on Gross Turnover for the year as Income from Other Sources [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/ITAT-CITA-CITAs-Order-Charging-Difference-of-the-Profit-Gross-turnover-Year-Income-from-Other-Sources-Taxscan.jpeg "ITAT upholds CIT(A)’s Order on Charging the difference of Profit on Gross Turnover for the year as Income from Other Sources [Read Order]")
![Non-Filing of Audit Report Electronically cannot be reason for imposing Penalty under Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Non-filing-Audit-Report-Electronically-Reason-Imposing-Penalty-Income-Tax-Act-ITAT-Taxscan.jpg "Non-Filing of Audit Report Electronically cannot be reason for imposing Penalty under Income Tax Act: ITAT [Read Order]")
Capital Gains arising on Sale of Rural Agricultural Land outside the purview of Income Tax: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the capital gains arising on sale of rural agricultural land outside the purview of Income Tax. The assessee, Ms. Janki...
![Capital Gains arising on Sale of Rural Agricultural Land outside the purview of Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Capital-gains-sale-Rural-agricultural-land-Income-tax-ITAT-Taxscan.jpg "Capital Gains arising on Sale of Rural Agricultural Land outside the purview of Income Tax: ITAT [Read Order]")
Income Tax Dept can’t withhold Tax as there is No Provision in Indo-UAE DTAA for Fee for Technical Services: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, while deleting a disallowance made by the income tax department, held that since there is no provision in the Indo-UAE double tax treaty...
![Income Tax Dept can’t withhold Tax as there is No Provision in Indo-UAE DTAA for Fee for Technical Services: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/IndoUAE-DTAA-iTAT.jpg "Income Tax Dept can’t withhold Tax as there is No Provision in Indo-UAE DTAA for Fee for Technical Services: ITAT [Read Order]")
UAE Company is an Independent Entity: Indian Company can’t be Taxed for Its’ Profit, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has ruled that a UAE Company is an independent entity and the profit earned by such a Company cannot be added in the hands of an Indian Company...
![UAE Company is an Independent Entity: Indian Company can’t be Taxed for Its’ Profit, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/UAE-Company-Indian-Company-ITAT.jpg "UAE Company is an Independent Entity: Indian Company can’t be Taxed for Its’ Profit, rules ITAT [Read Order]")
Date of Allotment is relevant for purpose of Computing holding period, not Date of Registration: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the date of allotment is relevant for the purpose of computing holding period for the purpose of determining capital gain...
![Date of Allotment is relevant for purpose of Computing holding period, not Date of Registration: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Date-of-Allotment-purpose-of-computing-holding-period-Date-of-Registration-ITAT-Taxscan.jpg "Date of Allotment is relevant for purpose of Computing holding period, not Date of Registration: ITAT [Read Order]")
Error in Online Income Tax Return deserves Rectification after Due Verification, Revenue can’t take Benefit of Factual Errors: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the error in the online income tax return shall deserve rectification after due verification and the Revenue cannot take the...
![Error in Online Income Tax Return deserves Rectification after Due Verification, Revenue can’t take Benefit of Factual Errors: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Error-Online-Return-Rectification-Due-verification-Revenue-Factual-Errors-ITAT-Taxscan-1.jpg "Error in Online Income Tax Return deserves Rectification after Due Verification, Revenue can’t take Benefit of Factual Errors: ITAT [Read Order]")
Depreciation for Resorts shall be allowed for Entire Year even if used less than 180 Days: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the depreciation under section 32 of the Income Tax Act, 1961 shall be granted for resorts for the entire year despite the fact...
![Depreciation for Resorts shall be allowed for Entire Year even if used less than 180 Days: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Depreciation-Resorts-Entire-Year-Used-Less-Than-180-days-ITAT-Taxscan.jpg "Depreciation for Resorts shall be allowed for Entire Year even if used less than 180 Days: ITAT [Read Order]")
Assessee eligible to Capital Gain exemption on Purchase of 3 different Residential Houses: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the assessee is eligible for Section 54 exemption in respect of the purchase of 3 different residential houses. The assessee,...
![Assessee eligible to Capital Gain exemption on Purchase of 3 different Residential Houses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Capital-Gain-exemption-ITAT-Taxscan.jpg "Assessee eligible to Capital Gain exemption on Purchase of 3 different Residential Houses: ITAT [Read Order]")