ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Assessment Order in Name of Non-existing Entity is Void: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Assessment-Order-Name-of-Non-existing-Entity-is-Void-ITAT-TAXSCAN.jpg "Assessment Order in Name of Non-existing Entity is Void: ITAT [Read Order]")
Assessment Order in Name of Non-existing Entity is Void: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that an assessment order in the name of a non-existent entity is void ab...
![Sale Proceeds of Shares Credited in Bank Account Entered in Book of Accounts cannot be Treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Sale-proceeds-of-shares-credited-Bank-Account-entered-in-book-of-accounts-treated-as-Unexplained-Cash-Credit-Income-Tax-Act-ITAT-TAXSCAN.jpg "Sale Proceeds of Shares Credited in Bank Account Entered in Book of Accounts cannot be Treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]")
![No Reassessment of Income if Incriminating Articles Against Any Other Person is Found During Search Other Than Person Being Searched: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-Reassessment-of-Income-if-Incriminating-Articles-Reassessment-Income-Other-Person-Incriminating-Articles-ITAT-Taxscan-1.jpg "No Reassessment of Income if Incriminating Articles Against Any Other Person is Found During Search Other Than Person Being Searched: ITAT [Read Order]")
![Debts Claim Allowable Only if Nexus with Carrying on of Business or Trade is Established: ITAT Directs CIT(A) Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Debts-Claim-Allowable-Debts-Claim-Claim-Debts-Nexus-Carrying-on-of-Business-or-Trade-is-Established-Business-Trade-ITAT-Directs-CITA-Re-adjudication-ITAT-CITA-Re-adjudication-Taxscan.jpg "Debts Claim Allowable Only if Nexus with Carrying on of Business or Trade is Established: ITAT Directs CIT(A) Re-adjudication [Read Order]")
![Failure by Authorities to provide necessary Documents Results in Denial of Justice: ITAT directs AO to provide Requisite Documents to Assessee for Reasonable Opportunity [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Failure-by-Authorities-to-provide-necessary-Documents-results-in-denial-of-Justice-ITAT-AO-requisite-documents-to-Assessee-for-reasonable-opportunity-TAXSCAN.jpg "Failure by Authorities to provide necessary Documents Results in Denial of Justice: ITAT directs AO to provide Requisite Documents to Assessee for Reasonable Opportunity [Read Order]")
![Charitable Activities of trust not to be confined to particular caste: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Charitable-Activities-of-trust-confined-to-particular-caste-ITAT-readjudication-TAXSCAN.jpg "Charitable Activities of trust not to be confined to particular caste: ITAT directs Readjudication [Read Order]")
Services Rendered by Indian Company to Non-Resident Assessee on Principal to Principal basis based on Canvasser Agent Agreement not taxable in India: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the services rendered by Indian Company to non-resident assessee on principal-to-principal basis based on Canvasser Agent...
![Services Rendered by Indian Company to Non-Resident Assessee on Principal to Principal basis based on Canvasser Agent Agreement not taxable in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Services-Rendered-by-Indian-Company-to-Non-Resident-Assessee-on-Principal-to-Principal-Canvasser-Agent-Agreement-taxable-in-India-ITAT-TAXSCAN.jpg "Services Rendered by Indian Company to Non-Resident Assessee on Principal to Principal basis based on Canvasser Agent Agreement not taxable in India: ITAT [Read Order]")
Relief to UT Starcom: Profit Income from sale of Software not in nature of Royalty Income and cannot be Attributed to Permanent Establishment in India: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal held that no interest under section 234B of the Act can be charged as the assessee, being a non-resident company was not liable to pay advance...
![Relief to UT Starcom: Profit Income from sale of Software not in nature of Royalty Income and cannot be Attributed to Permanent Establishment in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Relief-to-UT-Starcom-Profit-Income-from-sale-of-Software-nature-of-royalty-income-Attributed-to-Permanent-Establishment-in-India-ITAT-TAXSCAN.jpg "Relief to UT Starcom: Profit Income from sale of Software not in nature of Royalty Income and cannot be Attributed to Permanent Establishment in India: ITAT [Read Order]")
![Mere Estimation by DVO is no Justification for Adopting Fair Market Value: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Mere-Estimation-by-DVO-Justification-for-Adopting-Fair-Market-Value-ITAT-TAXSCAN.jpg "Mere Estimation by DVO is no Justification for Adopting Fair Market Value: ITAT [Read Order]")
Section 56(2)(viib) of Income Tax Act not Applicable to Share Premium Received from a Non-Resident Person: ITAT
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that Section 56 (2)(viib) of the Income Tax Act 1961 which are crucial in preventing tax evasion and ensuring fair taxes with regard...
Concessional Rate u/s 115 not Applicable when Money Deposited in Indian Rupees and not in Foreign Exchange Currency: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has held that the concessional rate under Section 115 of the Income Tax Act 1961 is not applicable when the money deposited is in Indian...
![Concessional Rate u/s 115 not Applicable when Money Deposited in Indian Rupees and not in Foreign Exchange Currency: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Concessional-Rate-Money-Deposited-in-Indian-Rupees-Foreign-Exchange-Currency-ITAT-TAXSCAN.jpg "Concessional Rate u/s 115 not Applicable when Money Deposited in Indian Rupees and not in Foreign Exchange Currency: ITAT [Read Order]")