ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![ITAT Upholds Disallowance made by AO on Payment of Interest Expenditure u/s. 201(1A) of Income Tax Act due to late payment of TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Disallowance-made-by-AO-Payment-of-Interest-Expenditure-Income-Tax-late-payment-of-TDS-TAXSCAN.jpg "ITAT Upholds Disallowance made by AO on Payment of Interest Expenditure u/s. 201(1A) of Income Tax Act due to late payment of TDS [Read Order]")
ITAT Upholds Disallowance made by AO on Payment of Interest Expenditure u/s. 201(1A) of Income Tax Act due to late payment of TDS [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) upheld the disallowance made by the assessing officer on payment of interest expenditure...
![Claim of Deduction u/s 54F of Income Tax Act rejected due to late filing of revised ROI: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Claim-of-Deduction-Income-Tax-Act-rejected-due-late-filing-revised-ROI-ITAT-Directs-Re-adjudication.jpg "Claim of Deduction u/s 54F of Income Tax Act rejected due to late filing of revised ROI: ITAT Directs Re-adjudication [Read Order]")
![Revised Return filed within Time Limit u/s 139(5) of Income Tax Act is Valid Return: ITAT Deletes Disallowance of Unamortized Brokerage Expense [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Revised-return-time-limit-valid-return-ITAT-disallowance-unamortized-brokerage-expense-income-tax-act-income-income-tax-tax-taxscan.jpg "Revised Return filed within Time Limit u/s 139(5) of Income Tax Act is Valid Return: ITAT Deletes Disallowance of Unamortized Brokerage Expense [Read Order]")
![Stamp Value Less than Agreement Value: ITAT Deletes Addition u/s 56(2)(vii)(b) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Stampvalue-agreement-value-ITAT-Deletes-Addition-ITAT-TAXSCAN.jpg "Stamp Value Less than Agreement Value: ITAT Deletes Addition u/s 56(2)(vii)(b) of Income Tax Act [Read Order]")
![Disallowance made by AO due to Non-Submission of Business Vouchers: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Disallowance-made-by-AO-due-to-Non-Submission-of-Business-Vouchers-Disallowance-made-by-AO-Disallowance-AO-Business-Vouchers-ITAT-ITAT-Directs-Re-adjudication-Taxscan.jpg "Disallowance made by AO due to Non-Submission of Business Vouchers: ITAT Directs Re-adjudication [Read Order]")
ITAT Upholds Revisionary Order by AO on ground of Twin Satisfaction Envisaged u/s 263 of Income Tax Act [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) upheld the revisionary order passed by the assessing officer on the ground of twin satisfaction envisaged under section 263 of the Income...
![ITAT Upholds Revisionary Order by AO on ground of Twin Satisfaction Envisaged u/s 263 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-ITAT-Upholds-Revisionary-Order-by-AO-Revisionary-Order-AO-Income-Tax-Act-Taxscan.jpg "ITAT Upholds Revisionary Order by AO on ground of Twin Satisfaction Envisaged u/s 263 of Income Tax Act [Read Order]")
Service Tax Paid by Contractor for Value of Work is not Part of Gross Receipts for Purpose of Computing Presumptive Tax u/s 44AD of Income Tax Act: ITAT [Read Order]
The service tax paid by the contractor for the value of the work is not included in gross receipts for the purposes of computing the assessee's presumptive tax under Section 44AD of the Income Tax...
![Service Tax Paid by Contractor for Value of Work is not Part of Gross Receipts for Purpose of Computing Presumptive Tax u/s 44AD of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Service-Tax-Paid-by-Contractor-for-Value-of-Work-is-not-Part-of-Gross-Receipts-Service-Tax-Paid-by-Contractor-Service-Tax-Contractor-ITAT-Taxscan.jpg "Service Tax Paid by Contractor for Value of Work is not Part of Gross Receipts for Purpose of Computing Presumptive Tax u/s 44AD of Income Tax Act: ITAT [Read Order]")
No Penalty shall be Levied u/s 271b of Income Tax Act ,if Assessee Proves Reasonable Cause for Failure to Furnish Audit Record :ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) has held that no penalty should be levied under section 271B of Income Tax Act, 1961, if the assessee proved the reasonable cause for failure...
![No Penalty shall be Levied u/s 271b of Income Tax Act ,if Assessee Proves Reasonable Cause for Failure to Furnish Audit Record :ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-Penalty-shall-be-Levied-Income-Tax-Act-Reasonable-Cause-Failure-to-Furnish-Audit-Record-Audit-Record-ITAT-Taxscan.jpg "No Penalty shall be Levied u/s 271b of Income Tax Act ,if Assessee Proves Reasonable Cause for Failure to Furnish Audit Record :ITAT [Read Order]")
No Addition can be made u/s 69A of Income Tax Act if Repaid Loan Transactions Records in Book of Accounts: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that no addition could be made under Section 69A of the Income Tax Act 1961 if repaid loan transactions are recorded in book of...
![No Addition can be made u/s 69A of Income Tax Act if Repaid Loan Transactions Records in Book of Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Addition-Income-Tax-Act-Loan-Transactions-Records-in-Book-of-Accounts-Book-of-Accounts-Loan-Transactions-ITAT-Taxscan.jpg "No Addition can be made u/s 69A of Income Tax Act if Repaid Loan Transactions Records in Book of Accounts: ITAT [Read Order]")
Delay in Filing Return of Income and Form 10B due to outbreak of Pandemic of Covid-19:ITAT allows Exemption u/s 11 of Income Tax Act [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) allowed exemption under section 11 of Income Tax Act 1961 on delayed filing of return of income and Form 10B due to the outbreak of Pandemic...
![Delay in Filing Return of Income and Form 10B due to outbreak of Pandemic of Covid-19:ITAT allows Exemption u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Filing-Return-of-Income-Return-of-Income-Form-10B-outbreak-of-Pandemic-of-Covid-19-Pandemic-of-Covid-19-Covid-19-ITAT-ITAT-allows-Exemption-Income-Tax-Act-Income-Tax-taxscan.jpg "Delay in Filing Return of Income and Form 10B due to outbreak of Pandemic of Covid-19:ITAT allows Exemption u/s 11 of Income Tax Act [Read Order]")
Addition made by AO by treating Agricultural Income as income from Undisclosed Sources : ITAT Deletes Addition [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition made by the assessing officer by treating the agriculture income as income from the undisclosed sources. ...
![Addition made by AO by treating Agricultural Income as income from Undisclosed Sources : ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/agricultural-income-agriculture-incometax-ITAT-TAXSCAN.jpg "Addition made by AO by treating Agricultural Income as income from Undisclosed Sources : ITAT Deletes Addition [Read Order]")
Residuary Provisions under Income Tax Act not Applicable to Disallowances for Late Payment of EPF & ESI: ITAT [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) held that the residuary provisions which are present under the Income Tax Act are not applicable to disallowances for late payment of...
![Residuary Provisions under Income Tax Act not Applicable to Disallowances for Late Payment of EPF & ESI: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/residuary-provisions-income-tax-act-income-tax-income-tax-act-disallowance-late-payment-late-payment-of-EPF-ESI-ITAT-taxscan.jpg "Residuary Provisions under Income Tax Act not Applicable to Disallowances for Late Payment of EPF & ESI: ITAT [Read Order]")