ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Employees of Ajmer Vidhyut Vitran Nigam are not State or Central Government Employees: ITAT denies Exemption u/s 10(10AA) of IT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Employees-of-Ajmer-Vidhyut-Vitran-Nigam-Central-Government-Employees-ITAT-denies-Exemption-ITAT-IT-Act-taxscan.jpg "Employees of Ajmer Vidhyut Vitran Nigam are not State or Central Government Employees: ITAT denies Exemption u/s 10(10AA) of IT Act [Read Order]")
Employees of Ajmer Vidhyut Vitran Nigam are not State or Central Government Employees: ITAT denies Exemption u/s 10(10AA) of IT Act [Read Order]
The Jaipur Bench of Income Tax Appellate Tribunal (ITAT) has denied exemption under Section 10(10AA) of the Income Tax Act, 1961 as the employee of...
![Addition of LTCG by invoking S. 50(c) of Income Tax Act without retrospective effect is invalid : ITAT directs Re-adjudication[Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Addition-us-50C-of-Income-Tax-Act-based-on-SVAs-Overvaluation-of-Capital-Gain-Sale-Consideration-ITAT-directs-Readjudication-TAXSCAN.jpg "Addition of LTCG by invoking S. 50(c) of Income Tax Act without retrospective effect is invalid : ITAT directs Re-adjudication[Read Order]")
![Interest Income from Fixed Deposit is eligible for Deduction u/s 80IA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Interest-Income-from-Fixed-Deposit-Interest-Income-Income-from-Fixed-Deposit-Fixed-Deposit-Deduction-ITAT-Fixed-Deposit-is-eligible-for-Deduction-taxscan.jpg "Interest Income from Fixed Deposit is eligible for Deduction u/s 80IA: ITAT [Read Order]")
![NLU not conducting Business, exists solely for Legal Educational Purposes: ITAT quashes Penalty for Failure to Audit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/NLU-ITAT-quashes-Penalty-for-Failure-to-Audit-Business-Legal-Educational-Purposes-ITAT-Penalty-Taxscan.jpg "NLU not conducting Business, exists solely for Legal Educational Purposes: ITAT quashes Penalty for Failure to Audit [Read Order]")
![Interest Income from FD is Eligible for Deduction u/s 10AA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Interest-Income-from-FD-is-Eligible-for-Deduction-Interest-Income-from-FD-Interest-Income-Interest-Income-FD-Deduction-ITAT-Taxscan.jpg "Interest Income from FD is Eligible for Deduction u/s 10AA: ITAT [Read Order]")
No Penalty can be Imposed u/s 271(1) when Income Surrendered by Assessee During Survey is Shown in a Regular Income Tax Return Filed within the Prescribed Time: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has recently, in an appeal filed before it, held that no penalty under section 271 (1) can be imposed when income surrendered by the...
![No Penalty can be Imposed u/s 271(1) when Income Surrendered by Assessee During Survey is Shown in a Regular Income Tax Return Filed within the Prescribed Time: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Penalty-can-be-Imposed-Penalty-Income-Surrendered-by-Assessee-During-Survey-Income-Assessee-Survey-Regular-Income-Tax-Return-Income-Tax-Return-ITAT-Taxscan.jpg "No Penalty can be Imposed u/s 271(1) when Income Surrendered by Assessee During Survey is Shown in a Regular Income Tax Return Filed within the Prescribed Time: ITAT [Read Order]")
Penalty u/s 271(1)(c) not Leviable When no Inaccurate Particulars of Income are Furnished by the Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has recently, in an appeal filed before it, held that penalty under Section 271(1)(c) of the Income Tax Act is not leviable when no...
![Penalty u/s 271(1)(c) not Leviable When no Inaccurate Particulars of Income are Furnished by the Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Penalty-Inaccurate-Particulars-of-Income-Inaccurate-Particulars-of-Income-are-Furnished-by-the-Assessee-Income-ITAT-taxscan.jpg "Penalty u/s 271(1)(c) not Leviable When no Inaccurate Particulars of Income are Furnished by the Assessee: ITAT [Read Order]")
![No Penalty u/s 271D if Reasonable Cause shown by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Penalty-Reasonable-Cause-shown-by-Assessee-ITAT-Assessee-Reasonable-Cause-Taxscan.jpg "No Penalty u/s 271D if Reasonable Cause shown by Assessee: ITAT [Read Order]")
Preparation of fake Documents and Upload of ITR by CA without Consent of Assessee: Hyderabad ITAT remands the matter to AO [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has recently remanded the file for a fresh decision to the file of the Assessing Officer to decide in accordance with the outcome of...
![Preparation of fake Documents and Upload of ITR by CA without Consent of Assessee: Hyderabad ITAT remands the matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/CA-Connivance-of-CA-fraudulently-file-ITR-CA-to-fraudulently-file-ITR-ITR-file-ITR-without-consent-of-Assessee-Assessee-Taxscan.jpg "Preparation of fake Documents and Upload of ITR by CA without Consent of Assessee: Hyderabad ITAT remands the matter to AO [Read Order]")
![Reopening Done without Application of Mind based on Misunderstood Facts not Valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Reopening-Done-without-Application-of-Mind-based-on-Misunderstood-Facts-not-Valid-Reopening-Done-without-Application-of-Mind-Reopening-ITAT-Taxscan.jpg "Reopening Done without Application of Mind based on Misunderstood Facts not Valid: ITAT [Read Order]")
ITAT Allows Interest on Refund u/s 244A of Finance Act, 2016: A Matter of Fairness and Equity [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) recently allowed interest on refund under Section 244A of the Finance Act 2016 as a matter of fairness and equity. Upon perusal of the...
![ITAT Allows Interest on Refund u/s 244A of Finance Act, 2016: A Matter of Fairness and Equity [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Allows-Interest-on-Refund-Interest-on-Refund-Interest-Refund-Finance-Act-Equity-Taxscan.jpg "ITAT Allows Interest on Refund u/s 244A of Finance Act, 2016: A Matter of Fairness and Equity [Read Order]")