Aiswarya Krishnadas
![Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Gross-Receipts-of-Charitable-Trust-Mentioned-us-215-of-Income-Tax-Act-Registration-Cancellation-ITAT-TAXSCAN.jpg "Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]")
Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]
In a major ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) noted that surpassing the threshold of gross receipts for charitable...
![Income Tax Form No. 10BA Submission is Mandatory for Claiming Section 80GG Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Tax-Form-No.-10BA-Submission-is-Mandatory-for-Claiming-Section-80GG-Deduction-ITAT-TAXSCAN-1.jpg "Income Tax Form No. 10BA Submission is Mandatory for Claiming Section 80GG Deduction: ITAT [Read Order]")
![ITAT Orders Re-adjudication on Section 80P(2)(e) Deduction for Agricultural Loans Provided to Members under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Orders-Re-adjudication-Section-80P2e-Deduction-for-Agricultural-Loans-Income-Tax-Act-TAXSCAN.jpg "ITAT Orders Re-adjudication on Section 80P(2)(e) Deduction for Agricultural Loans Provided to Members under Income Tax Act [Read Order]")
![Information from Pen drive / Laptop of Employees Not Deemed Credible Evidence alone for Tax Assessments: ITAT directs AO to Delete Additions Relating to Capitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Information-from-Pen-drive-Laptop-of-Employees-Evidence-Tax-Assessments-ITAT-AO-TAXSCAN.jpg "Information from Pen drive / Laptop of Employees Not Deemed Credible Evidence alone for Tax Assessments: ITAT directs AO to Delete Additions Relating to Capitation [Read Order]")
![No Errors or Infirmities Found in Assessment Order Prejudicial to Revenue’s Interest: ITAT sets aside order passed by PCIT u/s 263 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Found-Assessment-Order-Prejudicial-to-Revenues-Interest-ITAT-PCIT-us-263-of-Income-Tax-Act-TAXSCAN.jpg "No Errors or Infirmities Found in Assessment Order Prejudicial to Revenue’s Interest: ITAT sets aside order passed by PCIT u/s 263 of Income Tax Act [Read Order]")
PCIT Directs AO to grant 80P Deduction without Proper Claim: ITAT nullifies Revision Order [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has invalidated a revision order issued by the Principal Commissioner of Income Tax (PCIT), which directed the Assessing Officer (AO)...
![PCIT Directs AO to grant 80P Deduction without Proper Claim: ITAT nullifies Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/PCIT-Directs-AO-80P-Deduction-Proper-Claim-ITAT-Revision-Order-TAXSCAN.jpg "PCIT Directs AO to grant 80P Deduction without Proper Claim: ITAT nullifies Revision Order [Read Order]")
Gratuity Paid to Employee Classified as Salary, Deemed Expense allowable u/s 37(1) of Income Tax Act: ITAT [Read Order]
In a recent ruling, the Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) highlighted that the gratuity paid to an employee is classified as salary, hence deemed an allowable expense under...
![Gratuity Paid to Employee Classified as Salary, Deemed Expense allowable u/s 37(1) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Gratuity-Employee-Classified-Salary-Deemed-Expense-allowable-us-371-of-Income-Tax-Act-ITAT-TAXSCAN.jpg "Gratuity Paid to Employee Classified as Salary, Deemed Expense allowable u/s 37(1) of Income Tax Act: ITAT [Read Order]")
Discrepancy in Form 26AS and Profit & Loss Account due to Service Tax Amount Declaration: ITAT upholds Deletion of Addition [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) upheld the decision of the Commissioner of Income Tax (Appeals) (CIT (A)) to annul an addition made, citing a discrepancy between Form...
![Discrepancy in Form 26AS and Profit & Loss Account due to Service Tax Amount Declaration: ITAT upholds Deletion of Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Discrepancy-Form-26AS-Profit-Loss-Service-Tax-Amount-Declaration-ITAT-Deletion-Deletion-of-Addition-taxscan.jpg "Discrepancy in Form 26AS and Profit & Loss Account due to Service Tax Amount Declaration: ITAT upholds Deletion of Addition [Read Order]")
Treatment of Personal Expenses as Income precludes loan classification, Income cannot be taxed twice in same Assessment Year: ITAT deletes Penalty u/s 271D [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the penalty under Section 271D of the Income Tax Act, 1961, as treating personal expenses as income precludes loan...
![Treatment of Personal Expenses as Income precludes loan classification, Income cannot be taxed twice in same Assessment Year: ITAT deletes Penalty u/s 271D [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Taxation-of-personal-expenses-Section-271D-of-Income-Tax-Act-taxscan.jpg "Treatment of Personal Expenses as Income precludes loan classification, Income cannot be taxed twice in same Assessment Year: ITAT deletes Penalty u/s 271D [Read Order]")
GST Registration Cancellation upon alleged of Tax Evasion: Delhi HC directs Re-adjudication [Read Order]
The Delhi High Court directed re-adjudication in the case of GST registration cancellation based on allegations of tax evasion, as there was material available to establish the petitioner firm's...
![GST Registration Cancellation upon alleged of Tax Evasion: Delhi HC directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/GST-Delhi-High-Court-GST-registration-Cancellation-GST-registration-Re-adjudication-taxscan.jpg "GST Registration Cancellation upon alleged of Tax Evasion: Delhi HC directs Re-adjudication [Read Order]")