The Calcutta High Court, while allowing an appeal by the income tax department after condoning delay, has held that if a substantial question arose through an appeal filed under section 206A of the Income Tax

The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad Bench, has recently, in an appeal filed before it, held that computer software is eligible for depreciation at 60%. The aforesaid observation was made by the

The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) has recently held that Assesee is entitled to 60% Depreciation Claim on Licenses to use Software. Bhavin Marfatia, appeared for the assessee and Sudhendu Das, appeared

The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) has recently deleted the addition made by the assessing officer against ESPN star sports. Assesee ESPN Star Sports a foreign company, After filing the

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, on failure of the department to submit a contradict view to the CIT(A)’s decision, confirmed the deletion of addition

The ITAT, Ahmedabad bench has held that the amount received by the assessee from its HUF which is not in the nature of gift or received without consideration shall not be taxable undersection 56(2)(vii) of

The Income Tax Appellate Tribunal ( ITAT ), Hyderabad Bench, has recently, in an appeal filed before it, held that capital gain exemption under section 54F cannot be allowed for sale and purchase of plots.

The Income Tax Appellate Tribunal ( ITAT ), Mumbai Bench, has recently , in  the appeals filed before it,  while granting relied to  SBI, held that unrealized interest on borrower accounts classified as non- performing

The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad Bench, has recently, in an appeal filed before it, held that higher rate of depreciation at 50% is allowable on commercial vehicles only. The aforesaid observation

The Income Tax Appellate Tribunal ( ITAT ), Delhi Bench, has recently, in an appeal filed before it, held that late fee u/s 234E, is not leviable for belated filing of TDS statements, filed prior

The Income Tax Appellate Tribunal ( ITAT ), Pune Bench, has recently, in an appeal filed before it, held that assessment and rectification order does not contain DIN and that order number is invalid. The

The Income Tax Appellate Tribunal (ITAT), ruled that ITAT cannot hear appeal against order passed u/s119(2)(b) of the Income Tax Act, 1961. The assessee, Bhavesh Ghanshyam Advani filed an application before Commissioner of Income Tax

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, while dismissing the appeals filed before it, held that the jurisdiction of the bench shall be determined by the location of the assessing officer. The

The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that a huge delay of 1468 days in filing an appeal, cannot be condoned without reasonable cause. The

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, while deciding an appeal filed before it and thereby granting relief to Sir Ratan Tata Trust, held that no conditions can be imposed by PCIT