ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Educational Institution is Eligible for Exemption u/s 10(23C) (iiiab) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Educational-Institution-is-Eligible-for-Exemption-Educational-Institution-Eligible-for-Exemption-Exemption-Income-Tax-Act-ITAT-Taxscan.jpg "Educational Institution is Eligible for Exemption u/s 10(23C) (iiiab) of Income Tax Act: ITAT [Read Order]")
Educational Institution is Eligible for Exemption u/s 10(23C) (iiiab) of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has recently, in an appeal filed before it, held that educational institution is eligible for...
![Cost of New Property has to be Assessed as per Collaboration Agreement for Exemption u/s 54: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Cost-of-New-Property-Collaboration-Agreement-New-Property-ITAT-taxscan.jpg "Cost of New Property has to be Assessed as per Collaboration Agreement for Exemption u/s 54: ITAT [Read Order]")
![Additional Income Disclosed Originated Out of Seized Material:Â ITAT Upholds Penalty Levied u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Additional-Income-Additional-Income-Disclosed-Originated-Out-of-Seized-Material-Seized-Material-ITAT-Penalty-ITAT-Upholds-Penalty-Taxscan.jpg "Additional Income Disclosed Originated Out of Seized Material:Â ITAT Upholds Penalty Levied u/s 271(1)(c) [Read Order]")
![Penalty for Inaccurate Particular Not Imposable when Assessee Paid Tax before Issue of Reassessment notice under Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Penalty-for-Inaccurate-Particular-Not-Imposable-when-Assessee-Paid-Tax-Penalty-for-Inaccurate-Particular-Penalty-Inaccurate-Particular-Assessee-Taxscan.jpg "Penalty for Inaccurate Particular Not Imposable when Assessee Paid Tax before Issue of Reassessment notice under Income Tax Act: ITAT [Read Order]")
![Violation of Procedural Norm does not Extinguish Substantive Right to Claim FTC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Violation-of-Procedural-Norm-Claim-FTC-ITAT-taxscan.jpg "Violation of Procedural Norm does not Extinguish Substantive Right to Claim FTC: ITAT [Read Order]")
Late Deposit of Employees' Share of PF/ESI Contribution to Relevant Fund: ITAT Upholds Disallowance u/s 143(1)(a) [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the disallowance under Section 143 (1)(a) of the Income Tax Act because of the late deposit of the employee's share of...
![Late Deposit of Employees Share of PF/ESI Contribution to Relevant Fund: ITAT Upholds Disallowance u/s 143(1)(a) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Late-Deposit-of-Employees-Deposit-Share-of-PF-PF-ESI-Contribution-to-Relevant-Fund-ITAT-Upholds-Disallowance-ITAT-Disallowance-Taxscan.jpg "Late Deposit of Employees Share of PF/ESI Contribution to Relevant Fund: ITAT Upholds Disallowance u/s 143(1)(a) [Read Order]")
Jewellery Collected by Woman in a Married Life of 25-30 Years is Not Abnormal Act: ITAT deletes Addition on Unexplained Gold[Read Order]
The Income Tax Appellate Tribunal (ITAT) of Delhi bench directed the Assessing Officer (AO) to delete the addition since collecting jewellery by a woman in a married life of 25-30 years is not an...
![Jewellery Collected by Woman in a Married Life of 25-30 Years is Not Abnormal Act: ITAT deletes Addition on Unexplained Gold[Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Jewellery-Collected-by-Woman-Jewellery-Abnormal-Act-ITAT-deletes-Addition-on-Unexplained-ITAT-Addition-on-Unexplained-Jewellery-Collected-by-Woman-in-25-30-Years-is-Not-Abnormal-Act-taxscan.jpg "Jewellery Collected by Woman in a Married Life of 25-30 Years is Not Abnormal Act: ITAT deletes Addition on Unexplained Gold[Read Order]")
![AO Justified in Rectification of Apparent Error Instead of Substituting the Same: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/AO-Justified-in-Rectification-Rectification-of-Apparent-Error-Rectification-Apparent-Error-ITAT-taxscan.jpg "AO Justified in Rectification of Apparent Error Instead of Substituting the Same: ITAT [Read Order]")
Capital Gain Exemption u/s 54 Cannot be Denied Based on Inadvertent and Bonafide Typographical Error: ITAT [Read Order]
The Lucknow Bench of Income Tax Appellate Tribunal (ITAT) has held that the capital gain exemption under Section 54 of the Income Tax could not be denied on inadvertent and bonafide typographical...
![Capital Gain Exemption u/s 54 Cannot be Denied Based on Inadvertent and Bonafide Typographical Error: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Capital-Gain-Exemption-Inadvertent-Inadvertent-and-Bonafide-Typographical-Error-Typographical-Error-ITAT-taxscan.jpg "Capital Gain Exemption u/s 54 Cannot be Denied Based on Inadvertent and Bonafide Typographical Error: ITAT [Read Order]")
Penalty u/s 271 D of Income Tax Act Passed Beyond 6 Months is Barred by Limitation: ITATÂ [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Delhi bench has held that penalty under Section 271 D of the Income Tax Act, 1961 passed beyond 6 months from the end of the month in which the assessment...
![Penalty u/s 271 D of Income Tax Act Passed Beyond 6 Months is Barred by Limitation: ITATÂ [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Penalty-Income-Tax-Act-Income-Tax-Income-Tax-Act-Passed-Beyond-6-Months-is-Barred-by-Limitation-ITAT-taxscan.jpg "Penalty u/s 271 D of Income Tax Act Passed Beyond 6 Months is Barred by Limitation: ITATÂ [Read Order]")
Depreciation Claim u/s 32 Requires Fixed Assets to be used for Business Purposes: ITAT [Read Order]
The Bench of the Income Tax Appellate Tribunal (ITAT) recently held that the claim for depreciation under Section 32 of the Income Tax Act requires the fixed asset to be used for business purposes. ...
![Depreciation Claim u/s 32 Requires Fixed Assets to be used for Business Purposes: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Depreciation-Claim-Requires-Fixed-Assets-to-be-used-for-Business-Purposes-ITAT-TAXSCAN.jpg "Depreciation Claim u/s 32 Requires Fixed Assets to be used for Business Purposes: ITAT [Read Order]")
![ITAT Upholds addition made on Mismatch in Sales Turnover Report in Audit Report and ITR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Upholds-addition-made-on-Mismatch-ITAT-Sales-Turnover-report-Audit-Report-ITR-Mismatch-in-Sales-Turnover-report-in-Audit-Report-and-ITR-Mismatch-in-Sales-Turnover-report-Taxscan.jpg "ITAT Upholds addition made on Mismatch in Sales Turnover Report in Audit Report and ITR [Read Order]")