ITAT Upholds Deletion of Disallowance on Technical Know-How Fees Paid by Jindal Pipes Citing Expenses Genuine and Necessary for Business [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) upheld the deletion of disallowance on technical know-how fees paid by Jindal Pipes Ltd to...
![Interest Income Earned During Plant Setup Treated as Capital: ITAT Upholds CIT(A)s Decision to Delete Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/power-plant.jpg "Interest Income Earned During Plant Setup Treated as Capital: ITAT Upholds CIT(A)s Decision to Delete Addition [Read Order]")
![FTS Classification in Management and Administrative Services: ITAT deletes ALP Adjustment Due to Lack of Technology Transfer [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-FTS-classification-India-Transfer-pricing-litigation-taxscan.jpg "FTS Classification in Management and Administrative Services: ITAT deletes ALP Adjustment Due to Lack of Technology Transfer [Read Order]")
![Relief for Tata Teleservices: ITAT Rules Interest Payments to China Development Bank Exempt Under India-China DTAA [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Relief-for-Tata-Teleservices-Tata-Teleservices-ITAT-taxscan.jpg "Relief for Tata Teleservices: ITAT Rules Interest Payments to China Development Bank Exempt Under India-China DTAA [Read Order]")
ITAT Favours JCB India: Rejects Arbitrary Royalty Adjustments, Directs TPO to Follow Advance Pricing Agreement Standards [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT)set aside an arbitrary transfer pricing adjustment on royalty payments and directed the Transfer Pricing Officer (TPO) to align with the...
![ITAT Favours JCB India: Rejects Arbitrary Royalty Adjustments, Directs TPO to Follow Advance Pricing Agreement Standards [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-JCB-India-Rejects-Arbitrary-Royalty-Adjustments-Directs-TPO-Advance-Pricing-Agreement-Standards-taxscan.jpg "ITAT Favours JCB India: Rejects Arbitrary Royalty Adjustments, Directs TPO to Follow Advance Pricing Agreement Standards [Read Order]")
Relief to Thomas Press: ITAT deletes Disallowance of Rs.1.23 Cr in Bad Debts due to Double Taxation [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT)granted relief to Thomas Press India Pvt.Ltd by deleting the disallowance of Rs. 1.23 crore in bad debts, noting that the adjustment against the...
![Relief to Thomas Press: ITAT deletes Disallowance of Rs.1.23 Cr in Bad Debts due to Double Taxation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/BadDebts-Double-Taxation.jpg "Relief to Thomas Press: ITAT deletes Disallowance of Rs.1.23 Cr in Bad Debts due to Double Taxation [Read Order]")
Relief to Thomson Press: ITAT Reduces 14A Disallowance from Rs. 7.67 Lakh to Rs. 6.31 Lakh [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) provided relief to Thomson Press India Ltd. by reducing the disallowance under Section 14A of Income Tax Act,1961 from Rs. 7.67 lakh to Rs....
![Relief to Thomson Press: ITAT Reduces 14A Disallowance from Rs. 7.67 Lakh to Rs. 6.31 Lakh [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Delhi-Relief-to-Thomson-Press-Thomson-Press-income-tax-case-TAXSCAN.jpg "Relief to Thomson Press: ITAT Reduces 14A Disallowance from Rs. 7.67 Lakh to Rs. 6.31 Lakh [Read Order]")
Genuineness and Creditworthiness of Loans: ITAT Directs AO to Reassess Documents and Decide Matter Accordingly [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) to reassess documents and decide the matter accordingly concerning the genuineness and creditworthiness of...
![Genuineness and Creditworthiness of Loans: ITAT Directs AO to Reassess Documents and Decide Matter Accordingly [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Genuineness-and-Creditworthiness-of-Loans-Creditworthiness-of-Loans-Loans-ITAT-ITAT-Directs-Reassess-Documents-Decide-Matter-Accordingly-taxscan.jpg "Genuineness and Creditworthiness of Loans: ITAT Directs AO to Reassess Documents and Decide Matter Accordingly [Read Order]")
Thomson Press's Disallowance of Export Income Deductions u/s 10B: ITAT directs AO to Reverify and Recompute Deductions [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) directed the Assessing Officer (AO) to reverify and recompute the disallowance of export income deductions under section 10B and 10AA of Income...
![Thomson Presss Disallowance of Export Income Deductions u/s 10B: ITAT directs AO to Reverify and Recompute Deductions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Thomson-Press-Disallowance-of-Export-Income-Deductions-Export-Income-Deductions-ITAT-ITAT-Directs-Reverify-and-Recompute-Deductions-taxscan.jpg "Thomson Presss Disallowance of Export Income Deductions u/s 10B: ITAT directs AO to Reverify and Recompute Deductions [Read Order]")
ITAT Dismisses Revenue’s Appeal, Rules S.14A Disallowance Not Applicable to Oriental Insurance [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) dismissed the Revenue’s appeal, affirming that Section 14A of the Income Tax Act, 1961, disallowance does not apply to Oriental Insurance Co....
![ITAT Dismisses Revenue’s Appeal, Rules S.14A Disallowance Not Applicable to Oriental Insurance [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Delhi-Oriental-Insurance-case-updates-TAXSCAN.jpg "ITAT Dismisses Revenue’s Appeal, Rules S.14A Disallowance Not Applicable to Oriental Insurance [Read Order]")
ITAT Upholds CIT(A)'s Deletion of ₹3.24 Crore Cash Sales Addition Post-Demonetization u/s 68 of Income Tax Act [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) upheld the Commissioner of Income Tax(Appeals)[CIT(A)]'s decision to delete the addition of ₹3.24 crore under Section 68 of Income Tax Act,...
![ITAT Upholds CIT(A)s Deletion of ₹3.24 Crore Cash Sales Addition Post-Demonetization u/s 68 of Income Tax Act [Read Order]](https://images.taxscan.in/h-upload/2025/06/03/500x300_2041092-itat-delhi-deletion-of-324-crore-cash-sales-addition-taxscan.webp "ITAT Upholds CIT(A)s Deletion of ₹3.24 Crore Cash Sales Addition Post-Demonetization u/s 68 of Income Tax Act [Read Order]")