April 17, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that a cash receipt arising from a genuine and duly documented transaction of sale of agricultural land cannot be treated as unexplained cash credit Read more…
Tag: ITAT Delhi
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s appeal in DCIT v. Bharat Kalia, holding that no addition under Section 50CA of the Income Tax Act, 1961 can be made where the sale consideration Read more…
April 10, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that a final assessment order passed without first issuing a draft assessment order under Section 144C(1) of the Income Tax Act is legally untenable Read more…
March 11, 2026 : In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Delhi Bench, has held that alleged diversion of income for the benefit of specified persons under Section 13(1)(c) of the Income Tax Act cannot, by itself, Read more…
March 06, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has reiterated that for transfer pricing analysis under the Transactional Net Margin Method (TNMM), only companies that are functionally comparable to the tested party can be Read more…
March 05, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that a manufacturing unit located in a notified area is entitled to claim profit-linked deduction under Section 80-IC of the Income Tax Act if Read more…
February 27, 2026 :The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the eligibility of Air India SATS Airport Services Pvt. Ltd. to claim deduction under Section 80-IA of the Income Tax Act on income earned from Read more…
February 25, 2026 : The Income Tax Appellate Tribunal (ITAT), New Delhi has held that a contractual rebate or discount granted by a real estate developer under the terms of a buyer’s agreement cannot be treated as taxable income in Read more…
February 26, 2026 : The Income Tax Appellate Tribunal has set aside an addition of ₹32.91 lakh made against Ganna Vikas Parishad, Nanauta, and restored the matter to the Assessing Officer for fresh adjudication, holding that the fundamental nature and Read more…
February 26, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal has remanded a dispute involving an addition of ₹32.13 lakh made against a Greater Noida taxpayer over alleged cash payments for purchase of a commercial unit at Read more…