Read important ITAT rulings on income tax, explained in simple words. Each post sets out the issue, what the Income Tax Appellate Tribunal held and why, and how you can use the decision in assessments, appeals and replies to notices. This collection of ITAT judgments covers additions, disallowances, penalties, reassessment and other issues taxpayers and professionals face every day. Where an ITAT decision follows or is affected by a higher court ruling, we link to the Supreme Court or High Court judgment on TaxProof. Use these income tax tribunal decisions as practical support, and always check whether a ruling has been appealed before relying on it.
ByCA M.S. ROY
Updated on The CIT(A) sustained Rs.50.41 lakh because a recharge and money-transfer agent had no RBI licence. ITAT Delhi deleted it: Section 69A asks where the money came from, not whether the business was licensed.
ByCA M.S. ROY
Updated on Rs 85 lakh in cash gifts from family, all confirmed by the donors. AO still added it. ITAT Chennai says low donor income alone isn’t enough. Addition deleted.
ByCA M.S. ROY
Updated on Tax officer read yen as rupees and added Rs 3.41 crore to an NRI’s income. ITAT Jaipur says the bank had already confirmed the source. Addition gone.
ByCA M.S. ROY
Updated on Filed Form 10-IEA, then ticked the new regime in your ITR? ITAT Mumbai says the form wins. But you don’t lose your old-regime deductions.
ByCA M.S. ROY
Updated on Notice pasted on a locked room you never lived in? ITAT Mumbai says that’s no service at all. Reassessment quashed, Rs 1.46 crore additions gone.
ByCA M.S. ROY
Updated on Taxed on the full stamp duty gap for a flat you co-own? ITAT Mumbai says only your share counts, and a disputed value must go to the DVO first.
ByCA M.S. ROY
Updated on Loss disallowed just because your broker modified client codes? ITAT Mumbai says general Investigation Wing findings aren’t enough. Rs 1.06 crore addition deleted.
ByCA M.S. ROY
Updated on The ITAT Mumbai held that delayed filing of Form 10-IC does not automatically disqualify a company from claiming the concessional 22% tax rate under Section 115BAA. Read the ruling in ACIT v. Sheth Developers Pvt. Ltd. for key takeaways on late filing and tax relief.
ByCA M.S. ROY
Updated on ITAT Delhi quashes five years of Section 153C assessments: the satisfaction note said material “belongs to” the assessee but never recorded its bearing on total income.
ByCA M.S. ROY
Updated on Can a court force the Income Tax Department to disclose PAN details in a cash loan recovery suit? The Madras High Court held that while the court can inform the Income Tax Department about suspected cash transactions, it cannot compel PAN disclosure through the suit.
