ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Income Tax Penalty u/s 271(1)(c) Not Leviable After Offering Concealed Income under IDS Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Tax-Penalty-Income-Tax-Penalty-Offering-Concealed-Income-under-IDS-Scheme-Concealed-Income-IDS-Scheme-ITAT-IDS-Taxscan.jpg "Income Tax Penalty u/s 271(1)(c) Not Leviable After Offering Concealed Income under IDS Scheme: ITAT [Read Order]")
Income Tax Penalty u/s 271(1)(c) Not Leviable After Offering Concealed Income under IDS Scheme: ITAT [Read Order]
The Mumbai Income Tax Appellate Tribunal (ITAT) ruled that concealed income under Section 271(1)(c) is not leviable if it is offered under the Income...
![Notice issued u/s 148 of Income Tax Act by AO without accessing Return filed by Assessee shall be treated as Void Ab Initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Notice-Income-Tax-Act-Assessee-shall-be-treated-as-Void-Ab-Initio-Void-Ab-Initio-ITAT-Taxscan.jpg "Notice issued u/s 148 of Income Tax Act by AO without accessing Return filed by Assessee shall be treated as Void Ab Initio: ITAT [Read Order]")
![Rights to Build and Operate Toll Road are Intangible Assets, Depreciation Allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Rights-to-Build-and-Operate-Toll-Road-Intangible-Assets-Depreciation-Allowable-ITAT-TAXSCAN.jpg "Rights to Build and Operate Toll Road are Intangible Assets, Depreciation Allowable: ITAT [Read Order]")
![Income Tax Dept has no power to scrutinize Sales Tax Return accepted by Commercial Tax Department: ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Tax-Dept-power-to-scrutinize-Sales-Tax-Return-Commercial-Tax-Department-ITAT-TAXSCAN.jpg "Income Tax Dept has no power to scrutinize Sales Tax Return accepted by Commercial Tax Department: ITAT deletes addition [Read Order]")
![Obligation of Taxpayer is fulfilled when he establishes Identity, Credit Worthiness and Genuineness of Transaction concerning Unexplained Income u/s 68: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Obligation-of-Taxpayer-establishes-Identity-Credit-Worthiness-Genuineness-of-Transaction-concerning-Unexplained-Income-ITAT-TAXSCAN.jpg "Obligation of Taxpayer is fulfilled when he establishes Identity, Credit Worthiness and Genuineness of Transaction concerning Unexplained Income u/s 68: ITAT [Read Order]")
Deletion of Income Tax Addition on the Ground of Incomplete Material Evidence against Assessee: ITAT restores Matter to CIT(A) [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) held that the Commissioner of Income Tax (Appeals) [CIT (A)] has not adjudicated the issues on merits thus restored the matter to the CIT(A)...
![Deletion of Income Tax Addition on the Ground of Incomplete Material Evidence against Assessee: ITAT restores Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Deletion-of-Income-Tax-Addition-Ground-of-Incomplete-Material-Evidence-Assessee-ITAT-restores-Matter-to-CITA-TAXSCAN.jpg "Deletion of Income Tax Addition on the Ground of Incomplete Material Evidence against Assessee: ITAT restores Matter to CIT(A) [Read Order]")
Mistake of Tax Auditor using Incorrect Words in Tax Audit Report towards Purchase of Granules: ITAT quashes Revision Order against Firm [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad bench while quashing the revision order passed by the Principal Commissioner of Income-Tax assessment order held that the same was not erroneous but...
![Mistake of Tax Auditor using Incorrect Words in Tax Audit Report towards Purchase of Granules: ITAT quashes Revision Order against Firm [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Mistake-of-Tax-Auditor-using-Incorrect-Words-Tax-Audit-Report-towards-Purchase-of-Granules-ITAT-quashes-Revision-Order-Firm-TAXSCAN.jpg "Mistake of Tax Auditor using Incorrect Words in Tax Audit Report towards Purchase of Granules: ITAT quashes Revision Order against Firm [Read Order]")
Incidence of Tax for Joint Development Agreement is Different from Incidence of Tax for Subsequent Sale of Flats: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the tax incidence for joint development agreements differs from the tax incidence for subsequent flat sales and observed...
![Incidence of Tax for Joint Development Agreement is Different from Incidence of Tax for Subsequent Sale of Flats: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Incidence-of-Tax-Joint-Development-Agreement-Different-from-Incidence-of-Tax-for-Subsequent-Sale-of-Flats-ITAT-TAXSCAN.jpg "Incidence of Tax for Joint Development Agreement is Different from Incidence of Tax for Subsequent Sale of Flats: ITAT [Read Order]")
ITAT Quashes Assessment Under Section 153C of Income Tax Act Due to Lack of Valid Grounds and Corroborative Evidence [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has quashed an assessment under Section 153C of the Income Tax Act, 1961, against an assessee due to lack of valid grounds and...
![ITAT Quashes Assessment Under Section 153C of Income Tax Act Due to Lack of Valid Grounds and Corroborative Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Quashes-Assessment-ITAT-Assessment-Income-Tax-Act-Income-Tax-Corroborative-Evidence-Evidence-Taxscan.jpg "ITAT Quashes Assessment Under Section 153C of Income Tax Act Due to Lack of Valid Grounds and Corroborative Evidence [Read Order]")
ITAT Dismisses Income Tax Dept Appeal for Lack of Valid Approval in Reassessment Proceedings [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an appeal filed by the Income Tax Department (ITD) against an order of the Commissioner of Income Tax (Appeals) (CIT(A))...
![ITAT Dismisses Income Tax Dept Appeal for Lack of Valid Approval in Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Dismisses-Income-Tax-Dept-Appeal-ITAT-Income-Tax-Department-Appeal-Lack-of-Valid-Approval-in-Reassessment-Proceedings-Reassessment-Proceedings-Reassessment-Taxscan.jpg "ITAT Dismisses Income Tax Dept Appeal for Lack of Valid Approval in Reassessment Proceedings [Read Order]")
Income Tax Payable Fully Adjusted Against Refund for Subsequent AY: ITAT Condones Delay of 85 Days [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) condoned delay of 85 days and held that payment of income tax in Assessment Year (AY) 2022-23, considered as complete adjustment of return...
![Income Tax Payable Fully Adjusted Against Refund for Subsequent AY: ITAT Condones Delay of 85 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Re-calculation-of-Refund-Receivable-to-Claim-Interest-on-Refunds-ITAT-Condones-Delay-TAXSCAN.jpg "Income Tax Payable Fully Adjusted Against Refund for Subsequent AY: ITAT Condones Delay of 85 Days [Read Order]")
Claim of Compensation for Termination of Development Agreement Allowed as Deduction to One Co-Owner Cannot be Denied to Other Co-owner: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT), held that the claim for the compensation in the case of the co-owner was admitted by the revenue and therefore the revenue has taken...
![Claim of Compensation for Termination of Development Agreement Allowed as Deduction to One Co-Owner Cannot be Denied to Other Co-owner: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Claim-of-Compensation-for-Termination-of-Development-Agreement-Allowed-as-Deduction-to-One-Co-Owner-Denied-Co-owner-ITAT-TAXSCAN.jpg "Claim of Compensation for Termination of Development Agreement Allowed as Deduction to One Co-Owner Cannot be Denied to Other Co-owner: ITAT [Read Order]")