lipped from: https://www.taxscan.in/making-incorrect-deduction-not-amount-to-furnishing-inaccurate-particulars-u-s-271-1c-itat-deletes-penalty/231548/ Top Stories By Fathima Karama A.M – On December 7, 2022 12:06 pm The Income Tax Appellate Tribunal ( ITAT ), Delhi Bench deleted the penalty as incorrect deduction does
Category: Income Tax Cases
ITAT quashes Assessment Order passed in Violation of Time Limit u/s 153(1)
Clipped from: https://www.taxscan.in/itat-quashes-assessment-order-passed-in-violation-of-time-limit-u-s-1531/230999/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=ITAT%20quashes Top Stories By Kalyani B Nair – On December 5, 2022 10:43 am A Division Bench of the Income Tax Appellate Tribunal (ITAT), Ahmedabad quashed assessment order passed
Cash Gift of Rs. 39 Lakh from Husband during Assessment Proceedings was Mere Afterthought after Search: ITAT Upholds Addition
The Income Tax Appellate Tribunal (ITAT) Bench at Chennai has recently held that, the claim of the assessee, K Gomati that Rs. 39 Lakhs was
ITAT says no to addition of Rs 115 crore to RAW Pressery Income by I-T
ITAT says no to addition of Rs 115 crore to RAW Pressery Income by I-T https://economictimes.indiatimes.com/news/economy/policy/itat-says-no-to-addition-of-rs-115-crore-to-raw-pressery-income-by-i-t/articleshow/94713600.cms Download Economic Times App to stay updated with Business
Section 148 Notices sent as an attachment through emails, from the designated e-mail addresses of the JAOs, which do not bear the respective JAO’s Digital Signature Certificate (DSC) are valid.TAXSCAN
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 Top Stories 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
Interest Paid on Delayed TDS Payment is allowable as Deduction: ITAT
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 Top Stories 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
Right to get Adequate Time to Reply to Show Cause Notice allowed u/s 148A(b): Delhi HC
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 Top Stories By Taxscan Team – On October 7, 2022 9:00 am A division bench of the Delhi High Court has held that the assessee has
Reopening notice can be issued under section 147 in relation to search and seizure.
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 Top Stories 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
Penalty u/s 271(1)(c) not leviable on Bonafide Mistake: ITAT–TAXSCAN
Clipped from: https://www.taxscan.in/penalty-u-s-2711c-not-leviable-on-bonafide-mistake-itat/210284/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Penalty%20u/s%20271(1)(c) Top Stories By Yogitha S. Yogesh – On October 7, 2022 11:07 am The Delhi Bench of the Income Tax Appellate Tribunal (ITAT)held that penalty under section 271(1)(c) is not
Revised Income Tax Return filed not amount to Non-Filing of Return, Deny of Lower Tax Rate u/s 115BAA is not valid: ITAT
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 Top Stories 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
Late Filing of Appeal on Advice from Consultant: ITAT refuses to Condone Delay of 807 days
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 Top Stories 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
Manual Filing of Appeal due to Lack of Awareness regarding E-Filing procedures: ITAT restores matter to CIT for fresh adjudication
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 Top Stories 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
Capital Gain Exemption u/s 54F allowable If Property in Question Found to be Commercial Nature: ITAT
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 Income Tax 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,
Issuance of Notice u/s 148 to Unrelated Email Address is not Proper Service of Notice: Delhi HC
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 Top Stories 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
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that the revised return filed not amounts to the non-filing of the return and deny of a lower tax rate under section 115BAA of the Income Tax Act,1961 is not valid-TAXSCAN
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 Top Stories 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
In Cases of Divergent Views, The One Which is More Beneficial to the Assessee to be Adopted: ITAT
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 Top Stories 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
