ITAT
Stay updated with the latest ITAT judgments, orders, and appellate rulings impacting income tax matters in India.
![Provision for Capital Gain Exemption u/s 54F are Beneficial Provision, Substantial Compliance would Entitle Assessee to Claim Full Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Capital-Gain-Exemption-Beneficial-Provision-Substantial-Compliance-Assessee-Full-Deduction-Deduction-ITAT-Taxscan.jpg "Provision for Capital Gain Exemption u/s 54F are Beneficial Provision, Substantial Compliance would Entitle Assessee to Claim Full Deduction: ITAT [Read Order]")
Provision for Capital Gain Exemption u/s 54F are Beneficial Provision, Substantial Compliance would Entitle Assessee to Claim Full Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that the provision for capital gain...
![PoA Holder is Not Owner’ of the Property, No Capital Gain Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/PoA-Holder-Owner-Property-Capital-Gain-Tax-ITAT-Taxscan.jpg "PoA Holder is Not Owner’ of the Property, No Capital Gain Tax: ITAT [Read Order]")
![Failure to Satisfy Condition of Advancement of Any Other Object of General Public Utility Curbs to Avail Benefit of Exemption u/s 11: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Condition-of-Advancement-Object-of-General-Public-Utility-Curbs-General-Public-Utility-Curbs-Benefit-of-Exemption-Exemption-ITAT-Taxscan.jpg "Failure to Satisfy Condition of Advancement of Any Other Object of General Public Utility Curbs to Avail Benefit of Exemption u/s 11: ITAT [Read Order]")
![Online Filing of Appeal by Foreign National Failed Due to Not Having Aadhaar: ITAT Grants Relief to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Online-Filing-of-Appeal-Filing-of-Appeal-Appeal-Foreign-National-Aadhaar-ITAT-Assessee-Taxscan.jpg "Online Filing of Appeal by Foreign National Failed Due to Not Having Aadhaar: ITAT Grants Relief to Assessee [Read Order]")
![ITAT Confirms Addition in respect of Commission Earned from 54 Paper Companies [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/ITAT-Addition-Commission-Paper-Companies-Taxscan.jpg "ITAT Confirms Addition in respect of Commission Earned from 54 Paper Companies [Read Order]")
Cash Deposit during Demonetization: ITAT Partially Upholds Addition in the Absence of Statement of Affairs for justifying Closing Cash Balance [Read Order]
Bangalore bench of Income Tax Appellate Tribunal ( ITAT ) partially upholds the addition in the absence of statement of affairs for justifying the closing cash balance. The assessee filed a return...
![Cash Deposit during Demonetization: ITAT Partially Upholds Addition in the Absence of Statement of Affairs for justifying Closing Cash Balance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Cash-Deposit-Demonetization-ITAT-Cash-Balance-Taxscan.jpg "Cash Deposit during Demonetization: ITAT Partially Upholds Addition in the Absence of Statement of Affairs for justifying Closing Cash Balance [Read Order]")
Huge Delay of 1563 Days in filing of Appeal cannot be Attributed to Chartered Accountant: ITAT [Read Order]
The Raipur bench of Income Tax Appellate Tribunal (ITAT) recently held that a huge delay of 1563 days for filing an appeal could not be attributed to a chartered accountant. Assesee Shyam Sundar...
![Huge Delay of 1563 Days in filing of Appeal cannot be Attributed to Chartered Accountant: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Huge-Delay-filing-of-Appeal-Chartered-Accountant-ITAT-Taxscan.jpg "Huge Delay of 1563 Days in filing of Appeal cannot be Attributed to Chartered Accountant: ITAT [Read Order]")
![Contravention of S. 269SS for Sale of Property for HUF: ITAT Upholds Penalty u/s 271D [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Contravention-Sale-of-Property-HUF-ITAT-Penalty-Taxscan.jpg "Contravention of S. 269SS for Sale of Property for HUF: ITAT Upholds Penalty u/s 271D [Read Order]")
![Interest paid on Customs Duty Deductible u/s 43B of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Customs-Duty-Customs-Interest-paid-Interest-Income-Tax-Act-Income-Tax-ITAT-Tax-taxscan.jpg "Interest paid on Customs Duty Deductible u/s 43B of Income Tax Act: ITAT [Read Order]")
![Assesee not eligible for Deduction u/s 80IC,If Plant not situate notified area: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Deduction-notified-area-Plant-ITAT-Income-Tax-Tax-Taxscan.jpg "Assesee not eligible for Deduction u/s 80IC,If Plant not situate notified area: ITAT [Read Order]")
Addition to Difference in Stock as per Books and Valuation Report can't be made without Credible Evidence: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that an addition on the difference in stock as per books and valuation report can't be made without credible evidence. The...
![Addition to Difference in Stock as per Books and Valuation Report cant be made without Credible Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Addition-Difference-in-Stock-Books-and-Valuation-Report-Credible-Evidence-Evidence-ITAT-Taxscan.jpg "Addition to Difference in Stock as per Books and Valuation Report cant be made without Credible Evidence: ITAT [Read Order]")
![AO couldn’t point out Deficiency in Documents, No Addition u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Documents-Income-Tax-Act-Income-Tax-Tax-ITAT-taxscan.jpg "AO couldn’t point out Deficiency in Documents, No Addition u/s 68 of Income Tax Act: ITAT [Read Order]")