ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Revenue Challenges ITAT Decision on Extended Tax Stay Beyond Statutory Limit u/s 254(2A): Madras HC dismisses Matter as Stay Already Expired [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Revenue-appeal-under-ITAT-Tax-stay-appeal-TAXSCAN.jpg "Revenue Challenges ITAT Decision on Extended Tax Stay Beyond Statutory Limit u/s 254(2A): Madras HC dismisses Matter as Stay Already Expired [Read Order]")
Revenue Challenges ITAT Decision on Extended Tax Stay Beyond Statutory Limit u/s 254(2A): Madras HC dismisses Matter as Stay Already Expired [Read Order]
In a recent ruling, the Madras High Court dismissed the Appeal against Income Tax Appellate Tribunal's decision on extended tax stay beyond the...
![No Notional Interest to be assumed by TPO on Deferred Receivables to Debt-Free Company: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Delhi-High-Court-Debt-Free-TPO-No-Notional-Interest-Taxscan.jpg "No Notional Interest to be assumed by TPO on Deferred Receivables to Debt-Free Company: Delhi HC [Read Order]")
![Correctness of Factual Findings in Order passed u/s 153 of Income Tax Act was Re examined by ITAT: Calcutta HC Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Calcutta-High-Court-ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-section-153-Income-Tax-Act-taxscan.jpg "Correctness of Factual Findings in Order passed u/s 153 of Income Tax Act was Re examined by ITAT: Calcutta HC Dismisses Appeal [Read Order]")
S. 271(1)(c) of Income Tax not attractable when Assessee fully disclosed particulars in Returns filed: Calcutta HC dismisses Petition [Read Order]
The Calcutta High Court held that Section 271(1)(c) of Income Tax Act, 1961 is not attractable when assessee fully disclosed particulars in returns filed and dismissed the petition. The...
![S. 271(1)(c) of Income Tax not attractable when Assessee fully disclosed particulars in Returns filed: Calcutta HC dismisses Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-Court-Income-Tax-Income-Tax-Act-Calcutta-HC-Income-Tax-petition-taxscan.jpg "S. 271(1)(c) of Income Tax not attractable when Assessee fully disclosed particulars in Returns filed: Calcutta HC dismisses Petition [Read Order]")
Reassessment of Income u/s 153A impermissible without Incriminating Evidence: Karnataka HC upholds Deletion of Assessed Income [Read Order]
The Karnataka High Court recently held in an Income Tax Appeal that the provisions under Section 153A of the Income Tax Act, 1961 does not permit an Assessing Officer ( AO ) to reassess the income of...
![Reassessment of Income u/s 153A impermissible without Incriminating Evidence: Karnataka HC upholds Deletion of Assessed Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Appeal-Assessing-Officer-Reassessment-of-Income-TAXSCAN.jpg "Reassessment of Income u/s 153A impermissible without Incriminating Evidence: Karnataka HC upholds Deletion of Assessed Income [Read Order]")
Exemption u/s 10(23C)(iv) cannot be rejected if Net Surplus is less than 20% of Total Receipts: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) held that the exemption claimed under Section 10(23C)(iv) of Income Tax Act, 1961, cannot be rejected if the net surplus is less...
![Exemption u/s 10(23C)(iv) cannot be rejected if Net Surplus is less than 20% of Total Receipts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Chennai-Net-Surplus-cannot-be-rejected-if-Net-Surplus-Exemption-Taxscan.jpg "Exemption u/s 10(23C)(iv) cannot be rejected if Net Surplus is less than 20% of Total Receipts: ITAT [Read Order]")
Addition u/s 68 of Income Tax Act deleted on Establishment of Source of Income: Calcutta HC upholds ITAT’s Order [Read Order]
The Calcutta High Court concerning a case upheld the order of the Income Tax Appellate Tribunal ( ITAT ) which deleted the addition made under section 68 of the Income Tax Act, 1961 on establishment...
![Addition u/s 68 of Income Tax Act deleted on Establishment of Source of Income: Calcutta HC upholds ITAT’s Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-Court-Calcutta-High-Court-ITAT-Order-Income-Tax-Act-Taxscan.jpg "Addition u/s 68 of Income Tax Act deleted on Establishment of Source of Income: Calcutta HC upholds ITAT’s Order [Read Order]")
Ex Parte Order Passed by ITAT Due to Non Appearance: Calcutta HC Allows Appeal On Condition of Paying 1 Lac to Bar Association [Read Order]
In a recent case, the Calcutta High court allowed the Income Tax Appeal on condition of paying one lakh to Bar Association as the assessee prayed for one opportunity for hearing. The Income Tax...
![Ex Parte Order Passed by ITAT Due to Non Appearance: Calcutta HC Allows Appeal On Condition of Paying 1 Lac to Bar Association [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-court-ITAT-ITAT-Due-Ex-Parte-Order-Ex-Parte-Taxscan.jpg "Ex Parte Order Passed by ITAT Due to Non Appearance: Calcutta HC Allows Appeal On Condition of Paying 1 Lac to Bar Association [Read Order]")
Issue of Bogus Loss on Sale of Share does not arise From ITAT Order Challenged in Petition: Calcutta HC dismisses Petition [Read Order]
In a recent case, the Calcutta High Court dismissed the petition as the issue of bogus loss on sale of share doesn't arise from Income Tax Appellate Tribunal ( ITAT ) order which was challenged...
![Issue of Bogus Loss on Sale of Share does not arise From ITAT Order Challenged in Petition: Calcutta HC dismisses Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/income-Tax-Income-Tax-Order-Issue-of-Bogus-Loss-writ-petition-TAXSCAN.jpg "Issue of Bogus Loss on Sale of Share does not arise From ITAT Order Challenged in Petition: Calcutta HC dismisses Petition [Read Order]")