ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Calcutta HC dismisses Appeal against ITAT Ruling after Approval of Resolution Plan by NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-NCLT-NCLT-Resolution-Plan-Calcutta-HC-TAXSCAN.jpg "Calcutta HC dismisses Appeal against ITAT Ruling after Approval of Resolution Plan by NCLT [Read Order]")
Calcutta HC dismisses Appeal against ITAT Ruling after Approval of Resolution Plan by NCLT [Read Order]
In the recent case, the Calcutta High Court dismissed the appeal filed by the Income Tax Department challenging a ruling by the Income Tax Appellate...
![Calcutta HC upholds ITATs decision quashing Order u/s 263 on MAT Credit and Doubtful Debts: Finds no Error in Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-Court-ITAT-MAT-MAT-Credit-Error-in-Assessment-Taxscan.jpg "Calcutta HC upholds ITATs decision quashing Order u/s 263 on MAT Credit and Doubtful Debts: Finds no Error in Assessment [Read Order]")
![Calcutta HC upholds ITATs deletion of Income Tax Addition u/s 69 of the Income Tax Act due to lack of Direct Evidence against Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-tax-act-Income-Tax-Appellate-Tribunal-Calcutta-HC-Section-69-Income-tax-act-taxscan.jpg "Calcutta HC upholds ITATs deletion of Income Tax Addition u/s 69 of the Income Tax Act due to lack of Direct Evidence against Assessee [Read Order]")
![Receipt of Subscription Amount from Holding Company: Calcutta HC reaffirms Income Tax Addition Deleted by ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-Court-ITAT-Income-Tax-Income-Tax-Act-income-tax-addition-Section-68-Income-Tax-Act-taxscan.jpg "Receipt of Subscription Amount from Holding Company: Calcutta HC reaffirms Income Tax Addition Deleted by ITAT [Read Order]")
![Deemed Dividends u/s 2(22)(e) of the Act Taxed only in Shareholders Hands: Calcutta High Court upholds ITAT Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-Court-ITAT-Calcutta-High-Court-upholds-ITAT-Decision-Shareholders-Taxscan.jpg "Deemed Dividends u/s 2(22)(e) of the Act Taxed only in Shareholders Hands: Calcutta High Court upholds ITAT Decision [Read Order]")
NFAC fails to Examine Nature of Unsecured Loan Transactions: ITAT restores Assessment Order [Read Order]
In a recent judgment, the Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has restored the assessment order, highlighting that the National Faceless Appeal Centre ( NFAC ), failed to examine...
![NFAC fails to Examine Nature of Unsecured Loan Transactions: ITAT restores Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-NFAC-NFAC-Fails-Assessment-Order-ITAT-Restores-Income-Tax-Appellate-Tribunal-National-Faceless-Appeal-Centre-taxscan.webp "NFAC fails to Examine Nature of Unsecured Loan Transactions: ITAT restores Assessment Order [Read Order]")
Kerala HC directs ITAT to decide Challenge on Income tax Exemption for Amount Received by Cricket Association [Read Order]
The Kerala High Court has remanded the matter to the Income Tax Appellate Tribunal ( ITAT ) and directed to decide whether income received by the Kerala Cricket Association during the assessment...
![Kerala HC directs ITAT to decide Challenge on Income tax Exemption for Amount Received by Cricket Association [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-Income-Tax-Appellate-Tribunal-Kerala-High-Court-Kerala-HC-TAXSCAN.jpeg "Kerala HC directs ITAT to decide Challenge on Income tax Exemption for Amount Received by Cricket Association [Read Order]")
S. 28(iv) of Income Tax cannot be invoked without Business Income from Investment Shares: ITAT rules in Favor of Hero Motocorp [Read Order]
Concerning the case of Hero Motocorp, the Income Tax of Appellate Tribunal ( ITAT ) observed the discounted shares were incorrectly taxed under Section 28(iv) of Income Tax Act, 1961 instead of being...
![S. 28(iv) of Income Tax cannot be invoked without Business Income from Investment Shares: ITAT rules in Favor of Hero Motocorp [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Hero-Motocorp-ITAT-Hero-Motocorp-income-tax-case-Hero-Motocorp-shares-Hero-Motocorp-LTCG-taxation-TAXSCAN.jpg "S. 28(iv) of Income Tax cannot be invoked without Business Income from Investment Shares: ITAT rules in Favor of Hero Motocorp [Read Order]")
Benefit u/s 80G of Income Tax Act Cannot be Denied due to Technical Error in Making Application For Final Approval: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) held that the benefit of Section 80G of the Income Tax Act, 1961 cannot be denied due to technical errors that occurred in making the...
![Benefit u/s 80G of Income Tax Act Cannot be Denied due to Technical Error in Making Application For Final Approval: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Income-Tax-Act-Income-Tax-Appellate-Tribunal-Kolkata-bench-of-ITAT-Donations-Taxscan.jpeg "Benefit u/s 80G of Income Tax Act Cannot be Denied due to Technical Error in Making Application For Final Approval: ITAT [Read Order]")
![Underway Payments to Union Bank of India: ITAT Condones Delay of 1999 Days in Filing Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Union-Bank-of-India-us-80P-2ai-Dividends-Co-operative-Bank-Shares-TAXSCAN-1.jpg "Underway Payments to Union Bank of India: ITAT Condones Delay of 1999 Days in Filing Appeal [Read Order]")