ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Income surrendered by way of Account Receivables Not Taxable under Deeming Provisions of 69 r/w S. 115BBE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Income-Account-Receivables-Deeming-Provisions-Income-Tax-ITAT-taxscan.jpg "Income surrendered by way of Account Receivables Not Taxable under Deeming Provisions of 69 r/w S. 115BBE: ITAT [Read Order]")
Income surrendered by way of Account Receivables Not Taxable under Deeming Provisions of 69 r/w S. 115BBE: ITAT [Read Order]
The Chandigarh bench of Income Tax Appellate Tribunal (ITAT)has recently held that income surrendered by way of account receivable was not taxable...
![Project Expenses are “Revenue” in Nature, Deductible u/s 37: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Project-Expenses-Revenue-ITAT-Taxscan.jpg "Project Expenses are “Revenue” in Nature, Deductible u/s 37: ITAT [Read Order]")
![Addition u/s 68 based on Incriminating Material found During Survey is valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Addition-Incriminating-Material-Survey-ITAT-Taxscan.jpg "Addition u/s 68 based on Incriminating Material found During Survey is valid: ITAT [Read Order]")
![Eligible Deductions cannot be Disallowed Merely on Ground of Technicalities: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Deductions-Technicalities-ITAT-Income-Tax-Tax-Taxscan.jpg "Eligible Deductions cannot be Disallowed Merely on Ground of Technicalities: ITAT [Read Order]")
Final Assessment Order Issued Beyond Period of Limitation u/s 144C of Income Tax Act is Null and Void: ITAT grants Relief to Fiber Home India [Read Order]
Recently, the Delhi Income Tax Appellate Tribunal (ITAT) while granting relief to Fiber Home India held that the final assessment order issued beyond of limitation under Section 144C of the Income...
![Final Assessment Order Issued Beyond Period of Limitation u/s 144C of Income Tax Act is Null and Void: ITAT grants Relief to Fiber Home India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Assessment-Order-Assessment-Income-Tax-Act-Income-Tax-ITAT-Fiber-home-India-Taxscan.jpg "Final Assessment Order Issued Beyond Period of Limitation u/s 144C of Income Tax Act is Null and Void: ITAT grants Relief to Fiber Home India [Read Order]")
Expenses towards Clinical Trials for Promotion and Sales of Cardio Products Allowable as Expenditure: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that expenses towards clinical trials for promotion and sales of cardio products are allowable as expenditures. The...
![Expenses towards Clinical Trials for Promotion and Sales of Cardio Products Allowable as Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Expenses-Clinical-Trials-Promotion-Sales-of-Cardio-Products-Sales-Cardio-Products-Expenditure-ITAT-Taxscan.jpg "Expenses towards Clinical Trials for Promotion and Sales of Cardio Products Allowable as Expenditure: ITAT [Read Order]")
![10% TDS Not Applicable on Common Area Maintenance Charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/TDS-Common-Area-Maintenance-Charges-ITAT-Taxscan.jpg "10% TDS Not Applicable on Common Area Maintenance Charges: ITAT [Read Order]")
![Complete Absence of Notice cannot be Cured by Invoking S. 292BB of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Complete-Absence-of-Notice-Invoking-S.-292BB-of-Income-Tax-Act-ITAT-Taxscan.jpg "Complete Absence of Notice cannot be Cured by Invoking S. 292BB of Income Tax Act: ITAT [Read Order]")
Addition cannot be Made Merely Because Assesees’ Name Appeared in Documents found during Search: ITAT [Read Order]
Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that addition could not be made merely because the assessee's name appeared in documents found during the course of search. The...
![Addition cannot be Made Merely Because Assesees’ Name Appeared in Documents found during Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Addition-Documents-found-Documents-ITAT-Income-Tax-Tax-taxscan.jpg "Addition cannot be Made Merely Because Assesees’ Name Appeared in Documents found during Search: ITAT [Read Order]")
Non-inclusion of Surrendered Income Book Profits u/s 115JB of Income Tax Act Not Rectifiable u/s 154 of Income Tax Act: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) has held that the non-inclusion of surrendered income book profits under Section 115JB of the Income Tax Act 1961 is not rectifiable...
![Non-inclusion of Surrendered Income Book Profits u/s 115JB of Income Tax Act Not Rectifiable u/s 154 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Surrendered-Income-Income-Book-Profits-Profits-Income-Tax-Act-Income-Tax-ITAT-Taxscan.jpg "Non-inclusion of Surrendered Income Book Profits u/s 115JB of Income Tax Act Not Rectifiable u/s 154 of Income Tax Act: ITAT [Read Order]")
Service Charges part of Rental Income, Includable while Allowing Standard Deduction: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the service charges are part of rental income and are includable while allowing standard deduction. The assessee, Saurashtra...
![Service Charges part of Rental Income, Includable while Allowing Standard Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Service-Charges-Rental-Income-Standard-Deduction-Deduction-ITAT-Income-Tax-Tax-Taxscan.jpg "Service Charges part of Rental Income, Includable while Allowing Standard Deduction: ITAT [Read Order]")