ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Third-Party Ledger Entry Insufficient Basis for Tax Addition: ITAT Deletes ₹5.5 Lakh Addition under section 69A [Read Order]](https://images.taxscan.in/h-upload/2025/12/31/2116294-income-tax-addition-taxscan-.jfif "Third-Party Ledger Entry Insufficient Basis for Tax Addition: ITAT Deletes ₹5.5 Lakh Addition under section 69A [Read Order]")
Third-Party Ledger Entry Insufficient Basis for Tax Addition: ITAT Deletes ₹5.5 Lakh Addition under section 69A [Read Order]
The New Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) held that third-party seized ledger entries alone cannot justify additions under...
![Assessment Order Passed on Same Date as S.151A Modified via Notification: ITAT quashes order for lack of jurisdiction [Read Order]](https://images.taxscan.in/h-upload/2025/12/31/2116129-assessment-order-lack-of-jurisdiction-taxscan.webp "Assessment Order Passed on Same Date as S.151A Modified via Notification: ITAT quashes order for lack of jurisdiction [Read Order]")
![Final Income Tax Assessment Passed beyond One Month from DRP directions Barred by Limitation: ITAT Quashes order [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/2115933-final-income-tax-assessment-passed-beyond-one-month-from-drp-directions-barred-by-limitation-itat-quashes-order-taxscan.webp "Final Income Tax Assessment Passed beyond One Month from DRP directions Barred by Limitation: ITAT Quashes order [Read Order]")
![Entire Purchase Amount cannot be Disallowed when Sales accepted and Stock Records maintained: ITAT restricts Bogus Purchase addition to 5% [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/2115681-entire-purchase-amount-cannot-be-disallowed-when-sales-accepted-and-stock-records-maintained-itat-restricts-bogus-purchase-addition-taxscan.webp "Entire Purchase Amount cannot be Disallowed when Sales accepted and Stock Records maintained: ITAT restricts Bogus Purchase addition to 5% [Read Order]")
![ITAT Quashes Assessment Over Contradictory Search Details and Non-Application of Mind, Invalidates Reassessment Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/2115552-itat-quashes-assessment-over-contradictory-search-details-taxscan.webp "ITAT Quashes Assessment Over Contradictory Search Details and Non-Application of Mind, Invalidates Reassessment Proceedings [Read Order]")
No Presumptive Disallowance u/s 14A: ITAT Deletes ₹118.68 Cr Addition Against Great Eastern Spinning [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) ruled that disallowance under Section 14A of the Income Tax Act, 1961 cannot be based upon presumptions and that the Assessing Officer (AO)...
![No Presumptive Disallowance u/s 14A: ITAT Deletes ₹118.68 Cr Addition Against Great Eastern Spinning [Read Order]](https://images.taxscan.in/h-upload/2025/12/27/2115334-itat-deletes-11868-cr-addition-against-great-eastern-spinning-taxscan.jfif "No Presumptive Disallowance u/s 14A: ITAT Deletes ₹118.68 Cr Addition Against Great Eastern Spinning [Read Order]")
Mechanical 145A Addition Set Aside: ITAT Rules Profit-Neutral MODVAT Adjustment Can’t Trigger Tax [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that a mechanical adjustment under Section 145A of the Income Tax Act, 1961, without demonstrating any real impact on profits,...
![Mechanical 145A Addition Set Aside: ITAT Rules Profit-Neutral MODVAT Adjustment Can’t Trigger Tax [Read Order]](https://images.taxscan.in/h-upload/2025/12/27/2115310-mechanical-145a-addition-set-aside-itat-rules-profit-neutral-modvat-adjustment-cant-trigger-tax-taxscan.webp "Mechanical 145A Addition Set Aside: ITAT Rules Profit-Neutral MODVAT Adjustment Can’t Trigger Tax [Read Order]")
![Special Allowances - Exemptions and Taxability Under Income Tax Act [Old vs New Tax Act Series]](https://images.taxscan.in/h-upload/2025/12/27/2115348-income-tax-act-2025.webp "Special Allowances - Exemptions and Taxability Under Income Tax Act [Old vs New Tax Act Series]")
Urban Development Authority Entitled to S.11 Exemption: ITAT Rules Fees and Grants Not Commercial Receipts [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeals and held that the statutory fees and government grants received by the authority did not convert its...
![Urban Development Authority Entitled to S.11 Exemption: ITAT Rules Fees and Grants Not Commercial Receipts [Read Order]](https://images.taxscan.in/h-upload/2025/12/27/2115333-urban-development-authority-entitled-to-s11-exemption-itat-rules-fees-and-grants-not-commercial-receipts-taxscan.webp "Urban Development Authority Entitled to S.11 Exemption: ITAT Rules Fees and Grants Not Commercial Receipts [Read Order]")
![No S.68 Addition on Sale of Inherited Jewellery Backed by Valuation Report: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/27/2115289-no-s68-addition-sale-inherited-jewellery-backed-valuation-report-itat-taxscan.webp "No S.68 Addition on Sale of Inherited Jewellery Backed by Valuation Report: ITAT [Read Order]")
Reassessment beyond Three Years Invalid as Escaped Income Below ₹50 Lakh Threshold: ITAT quashes Order [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) quashed a reassessment order and ruled that proceedings initiated beyond the three year limitation period are invalid if the income...
![Reassessment beyond Three Years Invalid as Escaped Income Below ₹50 Lakh Threshold: ITAT quashes Order [Read Order]](https://images.taxscan.in/h-upload/2025/12/27/2115273-reassessment-invalid-income-below-threshold-itat-quashes-order-taxscan.webp "Reassessment beyond Three Years Invalid as Escaped Income Below ₹50 Lakh Threshold: ITAT quashes Order [Read Order]")