ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![No Disallowance u/s 36(1)(iii) as Amount was Advanced during Normal Course of Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Disallowance-Advanced-during-Normal-Course-of-Business-Normal-Course-of-Business-Business-ITAT-Taxscan.jpg "No Disallowance u/s 36(1)(iii) as Amount was Advanced during Normal Course of Business: ITAT [Read Order]")
No Disallowance u/s 36(1)(iii) as Amount was Advanced during Normal Course of Business: ITAT [Read Order]
The Raipur Bench of Income Tax Appellate Tribunal (ITAT) has held that no disallowance could be made under Section 36(1)(iii) of the Income Tax Act,...
![Belated Remittances Towards Employees Contribution to EPF & ESI: ITAT sustains Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Belated-Remittances-Towards-Employees-Contribution-to-EPF-ESI-Employees-Contribution-to-EPF-ESI-Employees-Contribution-EPF-ESI-ITAT-sustains-Disallowance-ITAT-Disallowance-Taxscan.jpg "Belated Remittances Towards Employees Contribution to EPF & ESI: ITAT sustains Disallowance [Read Order]")
![ITAT deletes Addition Based on Compliance with Donation Records u/s 115BBC of the Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-deletes-Addition-Based-on-Compliance-with-Donation-Records-ITAT-deletes-Addition-ITAT-Addition-Income-Tax-Act-Donation-Donation-Records-Taxscan.jpg "ITAT deletes Addition Based on Compliance with Donation Records u/s 115BBC of the Income Tax Act [Read Order]")
![Admissibility of Employees Contribution Payment of ESIc/PF Beyond the Due Date: ITAT remands the matter to AO to clarify the usage of ‘every month’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/admissibility-Employees-contribution-payment-ESIc-PF-Due-Date-ITAT-Taxscan.jpg "Admissibility of Employees Contribution Payment of ESIc/PF Beyond the Due Date: ITAT remands the matter to AO to clarify the usage of ‘every month’ [Read Order]")
![ITAT quashes Reopening of Assessment Due to Lack of Live Nexus between Reasons Recorded and Belief Formed by the Assessing Officer [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-quashes-Reopening-of-Assessment-ITAT-Reopening-of-Assessment-Assessment-Lack-of-Live-Nexus-Live-Nexus-Assessing-Officer-taxscan.jpg "ITAT quashes Reopening of Assessment Due to Lack of Live Nexus between Reasons Recorded and Belief Formed by the Assessing Officer [Read Order]")
Provision of S. 92B not applicable for AMP Expenses incurred for Business purpose in India: ITAT Grants Relief to L’oreal India [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently held that Section 92B of the Income Tax Act, 1961, which defines International Transactions, does not apply to advertisement,...
![Provision of S. 92B not applicable for AMP Expenses incurred for Business purpose in India: ITAT Grants Relief to L’oreal India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Provision-of-S.-92B-not-applicable-for-AMP-expenses-Provision-AMP-expenses-Business-purpose-ITAT-Grants-Relief-to-Loreal-India-taxscan.jpg "Provision of S. 92B not applicable for AMP Expenses incurred for Business purpose in India: ITAT Grants Relief to L’oreal India [Read Order]")
Cash loan Raised and Repaid between Firm and Partner not violation of 269SS and 269T of Income Tax Act: ITAT sets aside Revision Order [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) has recently held that cash loans raised and repaid between firm and partner is not in violation of provisions of 269SS and 269T of the...
![Cash loan Raised and Repaid between Firm and Partner not violation of 269SS and 269T of Income Tax Act: ITAT sets aside Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Cash-loan-Raised-and-Repaid-Cash-loan-Raised-and-Repaid-between-Firm-and-Partner-Income-Tax-Act-ITAT-sets-aside-Revision-Order-ITAT-Revision-Order-Taxscan.jpg "Cash loan Raised and Repaid between Firm and Partner not violation of 269SS and 269T of Income Tax Act: ITAT sets aside Revision Order [Read Order]")
Property Not Used for Business Purpose cannot be Treated as Business Assets: ITAT disallows Expenses [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has disallowed the expenses holding that property which was not used for business purposes could not be treated as business assets. ...
![Property Not Used for Business Purpose cannot be Treated as Business Assets: ITAT disallows Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Property-Not-Used-for-Business-Purpose-cannot-be-Treated-as-Business-Assets-ITAT-disallows-Expenses-Property-Not-Used-for-Business-Purpose-Business-Assets-ITAT-Taxscan.jpg "Property Not Used for Business Purpose cannot be Treated as Business Assets: ITAT disallows Expenses [Read Order]")
Provision of S.56(2)(viia) of IT Act shall apply to Underlying Investments Received by Amalgamated Entity on Account of Merger: ITAT
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has recently held that the provision of Section 56(2)(viia) of the Income Tax Act, 1961 shall apply to underlying investments received by...
No Income Tax Penalty if Addition is Made on Estimated Basis on Alleged Bogus Purchase: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that no income tax penalty could be imposed on an alleged bogus purchase if the addition was made on an estimated basis. The...
![No Income Tax Penalty if Addition is Made on Estimated Basis on Alleged Bogus Purchase: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Income-Tax-Penalty-if-Addition-is-Made-on-Estimated-Basis-on-Alleged-Bogus-Purchase-Income-Tax-Penalty-Income-Tax-Penalty-Addition-Bogus-Purchase-ITAT-Taxscan.jpg "No Income Tax Penalty if Addition is Made on Estimated Basis on Alleged Bogus Purchase: ITAT [Read Order]")
![Assessment Order Framed against Non-Existing Company Illegal and Void Ab Initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Assessment-Order-Framed-against-Non-Existing-Company-Assessment-Order-Non-Existing-Company-ITAT-Void-Ab-Initio-Taxscan.jpg "Assessment Order Framed against Non-Existing Company Illegal and Void Ab Initio: ITAT [Read Order]")