ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
Misplacement of Documents Not a “Sufficient Explanation for Delay”: ITAT refuses to Condone Delay of 930 Days in filing Appeal
The Hyderabad bench of Income Tax Appellate Tribunal (ITAT) held that the delay in filing of the appeal by 930 days by the assessee cannot be...
![ITAT Condones Delay of 9 years in absence of Proper Intimation u/s 143(1) of the Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/ITAT-Condones-Delay-Income-Tax-Act-Income-Tax-Tax-Taxscan.jpg "ITAT Condones Delay of 9 years in absence of Proper Intimation u/s 143(1) of the Income Tax Act [Read Order]")
![No Evidence to prove Assessee as Distribution Company: Calcutta HC upholds ITATs Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Evidence-Distribution-Company-Company-Calcutta-High-Court-Taxscan.jpg "No Evidence to prove Assessee as Distribution Company: Calcutta HC upholds ITATs Order [Read Order]")
Revisional Power cannot be Invoked When AO Adopted A Plausible View that resulted in Loss of Revenue But the Same is Not Unsustainable in Law: ITAT
The Surat Bench of Income Tax Appellate Tribunal (ITAT) has held that the revisional power could not be invoked when the assessing officer had adopted a plausible view resulting in loss of revenue...
Non-Specifying of Specific Limb in Penalty Notice will not Invalidate Penalty Proceedings When Assessee is a Non-filer: ITAT
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has held that non specifying of specific limb in penalty notice would not invalidate penalty proceedings when assessee had been a...
Non-Compliance of Notices and Non-furnishing of Evidence Even After Five Opportunities granted by AO: ITAT Imposes Cost of Rs. 10,000 [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Hyderabad Bench, has recently, in an appeal filed before it, imposed a cost of Rs 10,000, on non-compliance of notices and non-furnishing of evidence, even...
![Non-Compliance of Notices and Non-furnishing of Evidence Even After Five Opportunities granted by AO: ITAT Imposes Cost of Rs. 10,000 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Notices-Non-furnishing-Five-Opportunities-ITAT-Cost-Income-Tax-Tax-Taxscan.jpg "Non-Compliance of Notices and Non-furnishing of Evidence Even After Five Opportunities granted by AO: ITAT Imposes Cost of Rs. 10,000 [Read Order]")
![Offshore Supply of Escalators and Elevators not Taxable in India: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Offshore-Escalators-Elevators-Taxable-not-Taxable-ITAT-Addition-Income-Tax-Tax-Taxscan.jpg "Offshore Supply of Escalators and Elevators not Taxable in India: ITAT deletes Addition [Read Order]")
![Firm comprising of Individual Partners cannot be treated as AOP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Firm-comprising-of-Individual-Partners-AOP-ITAT-Taxscan.jpeg "Firm comprising of Individual Partners cannot be treated as AOP: ITAT [Read Order]")
Once Trust is Assessed as AOP Denied of S. 11 Exemption, Entire Receipts shall be Assessed as Business Income: ITAT Allows Depreciation Claim [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has allowed the depreciation claim holding that once a trust is assessed as Association of Persons (AOP) has been denied exemption under...
![Once Trust is Assessed as AOP Denied of S. 11 Exemption, Entire Receipts shall be Assessed as Business Income: ITAT Allows Depreciation Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Once-Trust-Assessed-as-AOP-Denied-of-S.-11-Exemption-Entire-Receipts-Assessed-Business-Income-ITAT-Depreciation-Claim-Taxscan.jpg "Once Trust is Assessed as AOP Denied of S. 11 Exemption, Entire Receipts shall be Assessed as Business Income: ITAT Allows Depreciation Claim [Read Order]")
No TDS applicable on Race Promotion Contract Fees Taxable at the hands of Payee: ITAT quashes Income Tax Disallowance [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT )has recently quashed the disallowance for payment done in lieu of race promotion contract expenses as the same was taxable at the hands of...
![No TDS applicable on Race Promotion Contract Fees Taxable at the hands of Payee: ITAT quashes Income Tax Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/TDS-Race-promotion-contract-Taxable-payee-Income-Tax-Contract-Fees-ITAT-Taxscan.jpg "No TDS applicable on Race Promotion Contract Fees Taxable at the hands of Payee: ITAT quashes Income Tax Disallowance [Read Order]")