Aiswarya Krishnadas
![Submissions on TDS Deduction u/s 194J or u/s 194C on Payments to X-Ray and CVC Machine Maintenance not considered: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Delhi-Income-Tax-TDS-Deduction-TAXSCAN.jpg "Submissions on TDS Deduction u/s 194J or u/s 194C on Payments to X-Ray and CVC Machine Maintenance not considered: ITAT directs Fresh Adjudication [Read Order]")
Submissions on TDS Deduction u/s 194J or u/s 194C on Payments to X-Ray and CVC Machine Maintenance not considered: ITAT directs Fresh Adjudication [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has ordered a reconsideration, directing fresh adjudication. This decision comes as...
![ITAT directs Matter to CIT(E) citing Form No.10AB Application should be Construed u/s 12A(1)(ac)(i) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Kolkata-ITAT-Income-Tax-Income-tax-news-Commissioner-of-Income-Tax-taxscan.jpg "ITAT directs Matter to CIT(E) citing Form No.10AB Application should be Construed u/s 12A(1)(ac)(i) of Income Tax Act [Read Order]")
![Relief to Tata Steel Limited: ITAT rules Perpetual Non-convertible Debenture is an allowable Expenditure u/s 36 (1) (iii) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Mumbai-Income-tax-Income-tax-news-Tata-Steel-taxscan.jpg "Relief to Tata Steel Limited: ITAT rules Perpetual Non-convertible Debenture is an allowable Expenditure u/s 36 (1) (iii) of Income Tax Act [Read Order]")
![AO fails to Record Dissatisfaction mandated u/s 14A: ITAT allows Expenditure Claim u/s 14A Incurred in relation to Earning Exempt Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/assessing-officer-ITAT-under-section-14-A-Expenditure-Claim-Exempt-Income-taxscan.jpg "AO fails to Record Dissatisfaction mandated u/s 14A: ITAT allows Expenditure Claim u/s 14A Incurred in relation to Earning Exempt Income [Read Order]")
ITAT allows Capital Gain Deduction for Additional Compensation Paid to Vendors for Land Acquisition Costs, Finding no grounds for doubt [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) allowed capital gain deduction for additional compensation of Rs. 25 lakhs paid to vendors for land acquisition costs, finding no grounds...
![ITAT allows Capital Gain Deduction for Additional Compensation Paid to Vendors for Land Acquisition Costs, Finding no grounds for doubt [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Delhi-Income-tax-Income-tax-news-Capital-gain-taxscan.jpg "ITAT allows Capital Gain Deduction for Additional Compensation Paid to Vendors for Land Acquisition Costs, Finding no grounds for doubt [Read Order]")
Management Fees for Sale of Securities is allowable Expenditure u/s 48 of Income Tax Act: ITAT [Read Order]
The two member bench of the Income Tax Appellate Tribunal ( ITAT ), Mumbai, ruled that management fees for sale of securities is allowable expenditure under Section 48 of the Income Tax Act, 1961 ...
![Management Fees for Sale of Securities is allowable Expenditure u/s 48 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Mumbai-Management-fees-Sale-of-securities-Tax-deductible-expenses-taxscan.jpg "Management Fees for Sale of Securities is allowable Expenditure u/s 48 of Income Tax Act: ITAT [Read Order]")
Relief to Tata Steel Limited: ITAT allows deduction of Interest on PNCD in Computation Book Profit u/s 115JB of Income Tax Act [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) grants relief to Tata Steel Limited by allowing deduction of interest on Perpetual Non-Convertible Debentures ( PNCD ) in the...
![Relief to Tata Steel Limited: ITAT allows deduction of Interest on PNCD in Computation Book Profit u/s 115JB of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Mumbai-ITAT-Income-tax-Income-tax-news-Tata-Steel-taxscan.jpg "Relief to Tata Steel Limited: ITAT allows deduction of Interest on PNCD in Computation Book Profit u/s 115JB of Income Tax Act [Read Order]")
![Compensation Afforestation Fund Contributed by TATA Steel is an allowable Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Mumbai-Income-tax-Income-tax-news-Compensation-Afforestation-Fund-TATA-Steel-taxscan.jpg "Compensation Afforestation Fund Contributed by TATA Steel is an allowable Expenditure: ITAT [Read Order]")
Filing Audit Report in Form 10CCB before filing ITR is only directory Not Mandatory: ITAT allows S.80IA Deduction [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) allowed Section 80IA deduction as it considered filing the Audit Report in Form 10CCB before filing the Income Tax Return as merely...
![Filing Audit Report in Form 10CCB before filing ITR is only directory Not Mandatory: ITAT allows S.80IA Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Filing-Audit-Report-Form-10CCB-ITR-ITAT-S.80IA-Deduction-taxscan.jpg "Filing Audit Report in Form 10CCB before filing ITR is only directory Not Mandatory: ITAT allows S.80IA Deduction [Read Order]")
Income already declared by Wife: ITAT quashes Addition as 'Undisclosed Income' at the Hands of Husband [Read Order]
The Rajkot bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed the addition of income as 'undisclosed income' at the hands of the husband, citing that the income was already declared by...
![Income already declared by Wife: ITAT quashes Addition as Undisclosed Income at the Hands of Husband [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Rajkot-Income-Tax-Undisclosed-Income-TAXSCAN.jpg "Income already declared by Wife: ITAT quashes Addition as Undisclosed Income at the Hands of Husband [Read Order]")
Surrender of Additional Professional Income Covering Expenditure Incurred on Building: ITAT deletes Addition u/s 69 of Income Tax Act [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal ( ITAT ) has deleted the addition under Section 69 of the Income Tax Act, 1961 citing the surrender of additional professional income to...
![Surrender of Additional Professional Income Covering Expenditure Incurred on Building: ITAT deletes Addition u/s 69 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Income-tax-income-professional-income-taxscan-.jpg "Surrender of Additional Professional Income Covering Expenditure Incurred on Building: ITAT deletes Addition u/s 69 of Income Tax Act [Read Order]")