Category: Income Tax Cases

Clipped from: https://www.taxscan.in/dsc-not-mandatory-for-service-of-notice-u-s-148-delhi-high-court/208422/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=DSC By Manu Sharma A S – On October 2, 2022 10:44 am A division bench of Delhi High Court comprising Justice Manmohan and Justice Manmeet Pritam Singh Arora

Clipped from: https://www.taxscan.in/interest-paid-on-delayed-tds-payment-is-allowable-as-deduction-itat/209546/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Interest%20Paid By Yogitha S. Yogesh – On October 4, 2022 12:38 pm The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) held that the interest paid on delayed

Clipped from: https://www.taxscan.in/right-to-get-adequate-time-to-reply-to-show-cause-notice-allowed-u-s-148ab-delhi-hc/210335/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=SCN By Taxscan Team – On October 7, 2022 9:00 am A division bench of the Delhi High Court has held that the assessee has the right

Clipped from: https://www.taxscan.in/reopening-notice-can-be-issued-u-s-147-in-relation-to-search-and-seizure-itat/210168/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Re-opening%20Notice By Gayathri C.H – On October 7, 2022 10:44 am The Income Tax Appellate Tribunal “A” Bench, Mumbai, has while deciding upon two cross appeals filed by the assessee

Clipped from: https://www.taxscan.in/revised-income-tax-return-filed-not-amount-to-non-filing-of-return-deny-of-lower-tax-rate-u-s-115baa-is-not-valid-itat/207861/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Revised%20Income%20Tax%20Return By Yogitha S. Yogesh – On September 28, 2022 10:52 am The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that the revised return filed not amounts

Clipped from: https://www.taxscan.in/late-filing-of-appeal-on-advice-from-consultant-itat-refuses-to-condone-delay-of-807-days/209000/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Late%20Filing By Kalyani B Nair – On October 1, 2022 12:52 pm The Income Tax Appellate Tribunal (ITAT), Pune Bench refused to condone the delay of 807 days as there was

Clipped from: https://www.taxscan.in/manual-filing-of-appeal-due-to-lack-of-awareness-regarding-e-filing-procedures-itat-restores-matter-to-cit-for-fresh-adjudication/209065/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Manual%20Filing By Kalyani B Nair – On October 1, 2022 1:15 pm In an assessee friendly judgment, the Income Tax Appellate Tribunal (ITAT), Mumbai bench restored the matter to the file

Clipped from: https://www.taxscan.in/capital-gain-exemption-u-s-54f-allowable-if-property-in-question-found-to-be-commercial-nature-itat/208878/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Capital%20Gain%20Exemption By Gayathri C.H – On October 1, 2022 2:19 pm The Income Tax Appellate Tribunal ‘B’ Bench, Chennai, has while allowing an appeal filed by the Revenue, held that

Clipped from: https://www.taxscan.in/issuance-of-notice-u-s-148-to-unrelated-email-address-is-not-proper-service-of-notice-delhi-hc/208372/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Issuance%20of%20Notice%20u/s By Manu Sharma A.S – On September 29, 2022 6:15 pm A Division Bench of the Delhi High Court has held that, a notice issued under Section

Clipped from: https://www.taxscan.in/revised-income-tax-return-filed-not-amount-to-non-filing-of-return-deny-of-lower-tax-rate-u-s-115baa-is-not-valid-itat/207861/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Revised%20Income%20Tax%20Return By Yogitha S. Yogesh – On September 28, 2022 10:52 am The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that the revised return filed not amounts

Clipped from: https://www.taxscan.in/in-cases-of-divergent-views-the-one-which-is-more-beneficial-to-the-assessee-to-be-adopted-itat/207597/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=In%20Cases%20of%20Divergent By Gayathri C.H – On September 27, 2022 4:41 pm The Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench, has recently in an appeal filed before it, held

Clipped from: https://www.taxscan.in/income-tax-return-filed-prior-to-death-of-assesse-shall-be-the-basis-of-computing-loss-of-future-income-of-assesse-for-mact-claim-gujarat-hc/205363/ By Gayathri C.H – On September 19, 2022 9:56 am The High Court of Gujarat has, in a recent appeal filed before it by the parents

Clipped from: https://www.taxscan.in/no-cognitive-evidence-which-proves-change-in-stock-valuation-method-itat-upholds-order-of-cita/206834/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20Cognitive%20Evidence By Taxscan Team – On September 23, 2022 6:54 pm The Income Tax Appellate Tribunal (ITAT) Chennai Bench has upheld the order of CIT(A) which deletes

Clipped from: https://www.taxscan.in/completion-of-assessment-in-hand-of-company-enough-to-prove-expense-incurred-for-business-section-222e-cant-be-invoked-itat/207098/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Completion%20of%20Assessment By Rasheela Basheer – On September 25, 2022 7:10 pm The Chennai Bench Income Tax Appellate Tribunal (ITAT) held that completion of assessment in the hand

Clipped from: https://www.taxscan.in/insurance-premium-paid-which-wasnt-claimed-deduction-u-s-80c-cant-be-taxed-itat/207080/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Insurance%20Premium By Yogitha S. Yogesh – On September 25, 2022 7:13 pm The Bangalore Bench Income Tax Appellate Tribunal (ITAT) ruled that the insurance premium paid which

Clipped from: https://www.taxscan.in/business-loss-cannot-be-disallowed-as-ao-has-not-rejected-books-of-accounts-itat/196879/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Business%20Loss By Kalyani B Nair – On September 25, 2022 9:45 pm The Income Tax Appellate Tribunal (ITAT), Ahmedabad held that business loss cannot be disallowed as Assessing Officer has not

Clipped from: https://www.thehindubusinessline.com/economy/co-op-society-not-liable-to-deduct-tds-under-gst-aar/article28655967.ece A co-operative society is not liable to deduct tax at source (TDS) from its vendors for supply of taxable goods and services, Rajasthan’s