ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Limitation for ITAT Rectification Begins from Date of Communication of Order to Taxpayer, Not Date of Passing: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112802-bombay-high-court-criminal-proceedings-taxscan.webp "Limitation for ITAT Rectification Begins from Date of Communication of Order to Taxpayer, Not Date of Passing: Bombay HC [Read Order]")
Limitation for ITAT Rectification Begins from Date of Communication of Order to Taxpayer, Not Date of Passing: Bombay HC [Read Order]
In a recent ruling, the Bombay High Court held that the limitation period for filing a rectification application before the Income Tax Appellate...
![Loose Papers, WhatsApp Chats Not Enough: ITAT Quashes S. 69A Additions in Balmukund Group Cases [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/250x150_2112749-loose-papers-whatsapp-chats-not-enough-itat-taxscan.webp "Loose Papers, WhatsApp Chats Not Enough: ITAT Quashes S. 69A Additions in Balmukund Group Cases [Read Order]")
![Income Tax Dept. cannot Deny STCL Set-off against LTCG after accepting Same Claim in Factually-Identical Connected Cases: Bombay HC [Read Judgment]](https://images.taxscan.in/h-upload/2025/12/17/250x150_2112727-income-tax-dept-cannot-deny-stcl-set-off-against-ltcg-accepting-same-claim-factually-identical-connected-cases-bombay-hc-taxscan.webp "Income Tax Dept. cannot Deny STCL Set-off against LTCG after accepting Same Claim in Factually-Identical Connected Cases: Bombay HC [Read Judgment]")
![Owning Multiple Houses Breaks Section 54F Claim: ITAT Clarifies ‘One Residential House’ Rule [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/250x150_2112508-owning-multiple-houses-breaks-section-54f-claim-itat-clarifies-one-residential-house-rule-taxscan.webp "Owning Multiple Houses Breaks Section 54F Claim: ITAT Clarifies ‘One Residential House’ Rule [Read Order]")
Relief to Aditya Birla Sun Life Insurance: ITAT Quashes Reassessment Notice u/s 148 Issued Beyond Statutory Time Limit Under New Regime [Read Order]
In a recent ruling in the case of Aditya Birla Sun Life Insurance Co. Ltd., the Mumbai Bench of the Income Tax Appellate Tribunal has held that reassessment proceedings initiated beyond the...
![Relief to Aditya Birla Sun Life Insurance: ITAT Quashes Reassessment Notice u/s 148 Issued Beyond Statutory Time Limit Under New Regime [Read Order]](https://images.taxscan.in/h-upload/2025/12/12/500x300_2111731-aditya-birla-sun-life-insurance-taxscan.webp "Relief to Aditya Birla Sun Life Insurance: ITAT Quashes Reassessment Notice u/s 148 Issued Beyond Statutory Time Limit Under New Regime [Read Order]")
No Deemed Dividend on Business Advances between Holding and Subsidiary Companies u/s 2(22)(e): ITAT [Read Order]
Section 2(22)(e) applies only to gratuitous loans or advances to shareholders, not to reciprocal and business-related transactions The Income Tax Appellate Tribunal (ITAT), Mumbai Bench,...
![No Deemed Dividend on Business Advances between Holding and Subsidiary Companies u/s 2(22)(e): ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111154-no-deemed-dividend-business-advances-holding-subsidiary-companies-itat-taxscan-jpg.webp "No Deemed Dividend on Business Advances between Holding and Subsidiary Companies u/s 2(22)(e): ITAT [Read Order]")
Derived From’ Means First-Degree Nexus: Supreme Court Rejects NCDC’s Claim for Deduction u/s 36(1)(viii) of Income tax [Read Judgement]
The Supreme Court has clarified the phrase ‘Derived from’ in Section 36(1)(viii) of the Income Tax Act, 1961. The bench noted that the it requires a direct, first-degree nexus with the business of...
![Derived From’ Means First-Degree Nexus: Supreme Court Rejects NCDC’s Claim for Deduction u/s 36(1)(viii) of Income tax [Read Judgement]](https://images.taxscan.in/h-upload/2025/12/11/500x300_2111472-derived-nexus-supreme-court-rejects-ncdcs-claim-deduction-us-361viii-of-income-tax-taxscan.webp "Derived From’ Means First-Degree Nexus: Supreme Court Rejects NCDC’s Claim for Deduction u/s 36(1)(viii) of Income tax [Read Judgement]")
Relief to Anil Ambani: ITAT deletes Addition based on BUP ID, Says it’s just Internal Identifier Not Bank A/c [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that Business Partner Identification Numbers (BUP ID)s were not bank account but they were internal identifiers and upheld the ...
![Relief to Anil Ambani: ITAT deletes Addition based on BUP ID, Says it’s just Internal Identifier Not Bank A/c [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111304-relief-anil-ambani-itat-deletes-addition-based-bup-id-says-internal-identifier-taxscan.webp "Relief to Anil Ambani: ITAT deletes Addition based on BUP ID, Says it’s just Internal Identifier Not Bank A/c [Read Order]")
ITAT Upholds Capital Gains on Transfer of Development Rights under JDA: Remands to AO to Allow Indexed Cost of Acquisition [Read Order]
The Patna Bench of the Income Tax Appellate Tribunal (ITAT) allowed the appeal, upholding the capital gains assessed on the transfer of development rights under a Joint Development Agreement (JDA),...
![ITAT Upholds Capital Gains on Transfer of Development Rights under JDA: Remands to AO to Allow Indexed Cost of Acquisition [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108604-itat-upholds-capital-gains-transfer-development-rightsm-jda-remands-ao-t-indexed-cost-acquisition-taxscan.webp "ITAT Upholds Capital Gains on Transfer of Development Rights under JDA: Remands to AO to Allow Indexed Cost of Acquisition [Read Order]")
ITAT’s Rectification Power u/s 254(2) Confined to Apparent Errors, Not Review: Madras HC Allows Appeals against Income Re‑Determination
The Madras High Court, in a recent case, has allowed two appeals filed by the appellant, holding that the Income Tax Appellate Tribunal ( ITAT ) exceeded its jurisdiction under Section 254(2) of...
