Aparna. M
![Genuinity with respect to income earned from other source and interest expenses clearly established: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Genuinity-income-income-earned-from-other-source-interest-expenses-taxscan.jpg "Genuinity with respect to income earned from other source and interest expenses clearly established: ITAT deletes Penalty [Read Order]")
Genuinity with respect to income earned from other source and interest expenses clearly established: ITAT deletes Penalty [Read Order]
The Ahmedabad bench, Income Tax Appellate Tribunal (ITAT) while deleting the penalty imposed by the assessing officer held that genuinity with...
![No valid satisfaction recorded before issuing notice u/s 153C of Income Tax Act: ITAT quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/No-valid-satisfaction-Income-Tax-Act-ITAT-ITAT-quashes-Assessment-Order-taxscan.jpg "No valid satisfaction recorded before issuing notice u/s 153C of Income Tax Act: ITAT quashes Assessment Order [Read Order]")
![Dragged the assessee towards an unwarranted litigation on their whims and fancies: ITAT deletes Addition on Whole Amount from Sale of Shares [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Mumbai-Income-Tax-Sale-of-Shares-Unwarranted-litigation-taxscan.jpg "Dragged the assessee towards an unwarranted litigation on their whims and fancies: ITAT deletes Addition on Whole Amount from Sale of Shares [Read Order]")
![Transfer of Development Rights between two Partnership Firms not Taxable under Capital Gains from Partners: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Mumbai-Capital-Gains-Income-Tax-TAXSCAN.jpg "Transfer of Development Rights between two Partnership Firms not Taxable under Capital Gains from Partners: ITAT [Read Order]")
![No addition u/s 56(2)(x)(b)(B)(ii) of Income Tax Act when Difference between Purchase value and Fair Market value less than 5%: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Mumbai-ITAT-Income-Tax-Purchase-value-vs.-Fair-Market-value-ITAT-taxscan.jpeg "No addition u/s 56(2)(x)(b)(B)(ii) of Income Tax Act when Difference between Purchase value and Fair Market value less than 5%: ITAT [Read Order]")
ITAT quashes assessment order passed u/s 147Â on account of non-following safeguards provided in sections 148 of Income Tax Act [Read Order]
The Mumbai bench Income Tax Appellate Tribunal ( ITAT ) quashed the assessment order passed under section 147 of the Income Tax Act , 1961 on account of non-following safeguards provided in sections...
![ITAT quashes assessment order passed u/s 147Â on account of non-following safeguards provided in sections 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-assessment-order-us-147-account-non-following-safeguards-sections-148-Income-Tax-Act-Taxscan.jpg "ITAT quashes assessment order passed u/s 147Â on account of non-following safeguards provided in sections 148 of Income Tax Act [Read Order]")
ICAI notifies Online Assessment Test (AT) for Certificate Course on Forensic Accounting and Fraud Detection
The Institute of Chartered Accountant India (ICAI)recently notified the assessment Test (AT0 for certificate course on forensic accounting and fraud detection .The last date for registration was 28th...
![Powers of CIT (A) coterminous with that of AO: ITAT upholds CIT(A) Order u/s 250 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Powers-of-CIT-A-CIT-A-AO-ITAT-CITA-Order-taxscan.jpg "Powers of CIT (A) coterminous with that of AO: ITAT upholds CIT(A) Order u/s 250 [Read Order]")
No interest on Delayed Filing of return and payment of Turnover Tax @5% on parcel sales authorized by Govt During Covid: Kerala Hc Dismisses review petition [Read Order]
In a significant case the Kerala high court while dismissing the review petition observed that the assessee would not be liable to pay interest for delayed filing of the returns and payment of...
Alternate Remedy available in GST Act: Kerala HC Dismisses Writ Petition against failure to consider Reply while passing Assessment Order [Read Order]
In a significant case the, Kerala high court dismissed writ petition on account of alternate remedy available in provisions of the Goods and Service Tax Act, 2017 with respect to failure to consider...
![Alternate Remedy available in GST Act: Kerala HC Dismisses Writ Petition against failure to consider Reply while passing Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Kerala-High-Court-Kerala-HC-GST-Act-GST-Writ-Petition-Assessment-Order-GST-Act-alternate-remedy-Taxscan.jpg "Alternate Remedy available in GST Act: Kerala HC Dismisses Writ Petition against failure to consider Reply while passing Assessment Order [Read Order]")
Bar Attached Hotels and Shops shall Pay 5% of Turnover Tax as is applicable in Respect of Retail Outlets Run by Beverages Corporation: Kerala HC Dismisses Review Petition [Read Order]
In a significant case the Kerala high court while dismissing the review petition observed that bar attached hotels and shops should pay 5%of turnover tax as it is applicable in respect of...
![Bar Attached Hotels and Shops shall Pay 5% of Turnover Tax as is applicable in Respect of Retail Outlets Run by Beverages Corporation: Kerala HC Dismisses Review Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Bar-Hotel-shops-shall-pay-turnover-tax-respect-retail-outlets-run-by-Beverages-Corporation-Kerala-HC-review-petition-TAXSCAN.jpg "Bar Attached Hotels and Shops shall Pay 5% of Turnover Tax as is applicable in Respect of Retail Outlets Run by Beverages Corporation: Kerala HC Dismisses Review Petition [Read Order]")