ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![AO cannot Arbitrarily Disallow Expenses for Want of Supporting Documentation, without Pointing out a Defect in Vouchers: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Disallow-Expenses-AO-Supporting-Documentation-AO-cannot-Arbitrarily-Disallow-Expenses-Defect-in-Vouchers-ITAT-Taxscan.jpg "AO cannot Arbitrarily Disallow Expenses for Want of Supporting Documentation, without Pointing out a Defect in Vouchers: ITAT [Read Order]")
AO cannot Arbitrarily Disallow Expenses for Want of Supporting Documentation, without Pointing out a Defect in Vouchers: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, held that AO cannot arbitrarily disallow expenses...
![Non-Resident Shareholders not entitled to Lower Tax Rates provided by DTAAs for Dividend Taxation, where DDT is Applicable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Non-Resident-Shareholders-Non-Resident-Shareholders-Lower-Tax-Rates-Tax-Rate-DTAAs-Dividend-Taxation-Taxation-DDT-ITAT-Lower-Tax-Rates-provided-by-DTAAs-Taxscan.jpg "Non-Resident Shareholders not entitled to Lower Tax Rates provided by DTAAs for Dividend Taxation, where DDT is Applicable: ITAT [Read Order]")
![Failure to Establish Sufficient Cause for not Filling Appeals within the Prescribed Period of Limitation: ITAT upholds Dismissal of Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/ITAT-Appeals-Limitation-Assessee-Commissioner-of-Income-tax-taxscan.jpg "Failure to Establish Sufficient Cause for not Filling Appeals within the Prescribed Period of Limitation: ITAT upholds Dismissal of Appeals [Read Order]")
![AO shall Conduct Independent Investigation without relying on Third Party Statements and Facts: ITAT upholds Deletion of Additions u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/ITAT-AO-Third-Party-Commissioner-of-Income-Tax-taxscan.jpg "AO shall Conduct Independent Investigation without relying on Third Party Statements and Facts: ITAT upholds Deletion of Additions u/s 68 [Read Order]")
ITAT Upholds Determination of ALP on Reimbursement of Third Party Cost Incurred under CUP, Directs Deletion of Proposed Adjustment
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) upheld the determination of Arm’s Length Price (ALP) on reimbursement of third-party costs incurred under Comparable Uncontrolled Price...
![Interest on Fixed Deposits Assessable under the Head ‘Income from Other Source’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/ITAT-Income-from-Other-Source-Fixed-Deposits-Assessee-taxscan.jpg "Interest on Fixed Deposits Assessable under the Head ‘Income from Other Source’: ITAT [Read Order]")
Issuance of Notice under Section 148 without Approval of Higher Authorities: ITAT quashes Assessment Order
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, on finding about the issuance notice under Section 148 of the Income Tax Act, without approval of...
Notice u/s 148 of Income Tax Act lacks record of ‘reasons to believe’ for initiating Proceedings: ITAT quashes Re-assessment Order [Read Order]
“Since the jurisdictional issue has been held in favour of the assessee, holding assessment order as not sustainable”, stated the Kolkata bench of Income Tax Appellate Tribunal (ITAT) The bench...
![Notice u/s 148 of Income Tax Act lacks record of ‘reasons to believe’ for initiating Proceedings: ITAT quashes Re-assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Income-Tax-Act-reasons-to-believe-proceedings-ITAT-Re-assessment-Order-taxscan.jpg "Notice u/s 148 of Income Tax Act lacks record of ‘reasons to believe’ for initiating Proceedings: ITAT quashes Re-assessment Order [Read Order]")
ECB Loans to Indian Clients linked to PE in India: ITAT directs Tax Levy at 10% on Interest Income [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that External Commercial Borrowings (ECB) loans to Indian clients linked to PE in India and directed the tax levy at 10% on...
![ECB Loans to Indian Clients linked to PE in India: ITAT directs Tax Levy at 10% on Interest Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/ITAT-ECB-Tax-Levy-Commissioner-of-Income-Tax-taxscan.jpg "ECB Loans to Indian Clients linked to PE in India: ITAT directs Tax Levy at 10% on Interest Income [Read Order]")
Mere Disallowance of a Claim Which is not Ex-facie Bogus cannot Lead to Levy of Penalty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, held that mere disallowance of a claim which is not ex- facie bogus cannot lead to levy of penalty. ...
Huge Delay of 1468 Days in Filing Appeal cannot be Condoned Without Reasonable Cause: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that a huge delay of 1468 days in filing an appeal, cannot be condoned without reasonable...
![Huge Delay of 1468 Days in Filing Appeal cannot be Condoned Without Reasonable Cause: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Huge-Delay-Filing-Appeal-Reasonable-Cause-ITAT-Income-Tax-Appellate-Tribunal-Income-Tax-Taxscan.jpg "Huge Delay of 1468 Days in Filing Appeal cannot be Condoned Without Reasonable Cause: ITAT [Read Order]")