ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Expenditure pertaining to Consultancy fees can be treated as Revenue Expenditure are eligible for deduction u/s. 37(1) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Expenditure-pertaining-Consultancy-fees-Revenue-Expenditure-Income-Tax-Act-ITAT-Income-Appellate-taxscan-1.jpg "Expenditure pertaining to Consultancy fees can be treated as Revenue Expenditure are eligible for deduction u/s. 37(1) of Income Tax Act: ITAT [Read Order]")
Expenditure pertaining to Consultancy fees can be treated as Revenue Expenditure are eligible for deduction u/s. 37(1) of Income Tax Act: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the expenditure of consultancy fees can be treated as revenue expenditure and...
![ITAT deletes addition made on account of notional ALV on unsold flats held as stock-in-trade [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Income-Tax-Appellate-Tribunal-stock-in-trade-notional-ALV-notional-Annual-Letting-Value-business-income-Taxscan.jpg "ITAT deletes addition made on account of notional ALV on unsold flats held as stock-in-trade [Read Order]")
![No computation of fee u/s.234E of Income Tax Act for Delayed filing of return of TDS prior to 01.06.2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/computation-of-fee-Income-Tax-Act-Delayed-filing-Tax-Deducted-at-Source-ITAT-TDS-Tax-Deducted-TAX-Tax-ACT-TAXSCAN.jpg "No computation of fee u/s.234E of Income Tax Act for Delayed filing of return of TDS prior to 01.06.2015: ITAT [Read Order]")
Delay of Filing Appeal can be Condoned when there is sufficient cause for not filing appeal within period of limitation: ITAT condones delay of 438 days [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) held that the delay of filing an appeal can be condoned when there was any sufficient and reasonable cause on the part of the assessee...
![Delay of Filing Appeal can be Condoned when there is sufficient cause for not filing appeal within period of limitation: ITAT condones delay of 438 days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/condoned-ITAT-Income-Tax-Appellate-Tribunal-assessee-limitation-Appeal-Filing-taxcsan.jpg "Delay of Filing Appeal can be Condoned when there is sufficient cause for not filing appeal within period of limitation: ITAT condones delay of 438 days [Read Order]")
CPC can't make an Addition u/s 50C of Income Tax Act without giving proper opportunity to Assessee: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the Centralized Processing Centre (CPC) cannot make an addition under Section 50C of the Income Tax Act, 1961 without giving a...
![CPC cant make an Addition u/s 50C of Income Tax Act without giving proper opportunity to Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/CPC-ITAT-Centralized-Processing-Centre-Income-Tax-Act-Assessee-opportunity-Income-TAXSCAN.jpg "CPC cant make an Addition u/s 50C of Income Tax Act without giving proper opportunity to Assessee: ITAT [Read Order]")
Addition shall not be sustained solely on basis of AIR information and when Receipt declared by Assessee far exceeds the Amount: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that addition shall not be sustained on the basis of Annual Information Return (AIR) information and when the receipt declared by the...
![Addition shall not be sustained solely on basis of AIR information and when Receipt declared by Assessee far exceeds the Amount: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-AIR-information-exceeds-the-Amount-Income-Tax-Appellate-Tribunal-Income-Tax-Appellate-Annual-Information-Return-AIR-TAXSCAN.jpg "Addition shall not be sustained solely on basis of AIR information and when Receipt declared by Assessee far exceeds the Amount: ITAT [Read Order]")
Pass Through Cost directly relatable to Advertisement & Publicity, Business Promotion and participation in trade events are excluded from cost base :ITAT Grants relief to BBC World (India) [Read Order]
The Income Tax Appellate Tribunal (ITAT),Delhi Bench while granting relief to BBC World (India) held that pass-through cost directly relatable to advertisement & publicity,...
![Pass Through Cost directly relatable to Advertisement & Publicity, Business Promotion and participation in trade events are excluded from cost base :ITAT Grants relief to BBC World (India) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/bcc-1.jpg "Pass Through Cost directly relatable to Advertisement & Publicity, Business Promotion and participation in trade events are excluded from cost base :ITAT Grants relief to BBC World (India) [Read Order]")
Receipts from airlines relating to Segments Booked from India through Non-Resident Computer Reservation System Taxable in India as per India-Spain DTAA: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that receipts from airlines relating to segments booked from India through the non-resident computed reservation system was taxable in...
![Receipts from airlines relating to Segments Booked from India through Non-Resident Computer Reservation System Taxable in India as per India-Spain DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/computer-reservation-system-taxscan.jpg "Receipts from airlines relating to Segments Booked from India through Non-Resident Computer Reservation System Taxable in India as per India-Spain DTAA: ITAT [Read Order]")
ITAT directs Readjudication in respect of sale of Gyrovator to customers out of Unaccounted Purchases [Read Order]
The Income Tax Appellate Tribunal (ITAT), Raipur bench, directed re-adjudication in respect of the sale of a gyrovator to customers out of its unaccounted purchases. The assessee, Shivam Tractor,...
![ITAT directs Readjudication in respect of sale of Gyrovator to customers out of Unaccounted Purchases [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-Readjudication-sale-of-Gyrovator-Unaccounted-Purchases-TAXSCAN.jpg "ITAT directs Readjudication in respect of sale of Gyrovator to customers out of Unaccounted Purchases [Read Order]")
Assessee has Sufficient Source of Income beyond Doubt for Investment in Immovable Property: ITAT deletes Addition for Unexplained Source of Income [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition for unexplained source of income as the assessee had sufficient source of income beyond the doubt for investment in...
![Assessee has Sufficient Source of Income beyond Doubt for Investment in Immovable Property: ITAT deletes Addition for Unexplained Source of Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-Excise-Duty-Demand-Data-Received-on-Pen-Drive-Reliable-Evidence-CESTAT-taxscan.jpg "Assessee has Sufficient Source of Income beyond Doubt for Investment in Immovable Property: ITAT deletes Addition for Unexplained Source of Income [Read Order]")