Aparna. M
![ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-disallowance-Long-Term-Capital-Sale-of-Share-Capital-Loss-ITAT-Delhi-taxscan.jpg "ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]")
ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has annulled the disallowance of a long-term capital loss arising from the sale of shares of a...
![Carry Forward of Business Loss and set off against profit shall be decided by AO who deals with assessment concerning Subsequent Year: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Business-Loss-profit-assessment-concerning-Subsequent-Year-Delhi-High-Court-Assessing-Officer-taxscan.jpg "Carry Forward of Business Loss and set off against profit shall be decided by AO who deals with assessment concerning Subsequent Year: Delhi HC [Read Order]")
![Delhi HC directs Income Tax Department to release Refund amount adjusted against outstanding demand for AY 2011-12 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Delhi-High-court-Income-Tax-Department-Refund-AY-TAXSCAN.jpg "Delhi HC directs Income Tax Department to release Refund amount adjusted against outstanding demand for AY 2011-12 [Read Order]")
![Material which considered in Prior Reassessment Proceedings shall not subject matter of Reassessment in Fresh Proceedings: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Material-Reassessment-Proceedings-Delhi-High-Court-writ-petition-Fresh-Proceedings-taxscan.jpg "Material which considered in Prior Reassessment Proceedings shall not subject matter of Reassessment in Fresh Proceedings: Delhi HC [Read Order]")
ITAT directs to allow Deduction on claim of Guarantee provided by trust to lending institution [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench directed the allowance of a deduction for the claim of guarantee provided by the Credit Guarantee Fund Trust for Micro and Small Enterprises, an...
![ITAT directs to allow Deduction on claim of Guarantee provided by trust to lending institution [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-Deduction-on-claim-of-Guarantee-provided-by-trust-lending-institution-TAXSCAN.jpg "ITAT directs to allow Deduction on claim of Guarantee provided by trust to lending institution [Read Order]")
Guarantee fee charged by trust for providing third-party guarantee to small-scale industries does not amount to profit motive: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that the guarantee fee charged by the trust for providing third-party guarantees to small-scale industries did not amount to a profit...
![Guarantee fee charged by trust for providing third-party guarantee to small-scale industries does not amount to profit motive: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Guarantee-fee-charged-by-trust-for-providing-third-party-guarantee-to-small-scale-industries-amount-toprofit-motive-ITAT-TAXSCAN.jpg "Guarantee fee charged by trust for providing third-party guarantee to small-scale industries does not amount to profit motive: ITAT [Read Order]")
ITAT directs to produce CA certificate in prescribed Form 26Â to re-adjudicate disallowance made u/s.40(a)(ia) of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT), Raipur bench, directed the assessee, Sandeep Surendran Nair, a mechanical contractor in the cement industry, to produce a Chartered Accountant certificate in...
![ITAT directs to produce CA certificate in prescribed Form 26Â to re-adjudicate disallowance made u/s.40(a)(ia) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-directs-to-produce-CA-certificate-in-prescribed-Form-26-re-adjudicate-disallowance-Income-Tax-Act-TAXSCAN.jpg "ITAT directs to produce CA certificate in prescribed Form 26Â to re-adjudicate disallowance made u/s.40(a)(ia) of Income Tax Act [Read Order]")
ITAT Directs readjudication in respect of Mismatch between Form 26AS and Contract Receipts [Read Order]
The Income Tax Appellate Tribunal (ITAT), Raipur bench, directed readjudication in respect of the mismatch between 26AS and contract receipt of the assessee. Sandeep Surendran Nair, a mechanical...
![ITAT Directs readjudication in respect of Mismatch between Form 26AS and Contract Receipts [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-Directs-readjudication-in-respect-of-Mismatch-Contract-Receipts-TAXSCAN.jpg "ITAT Directs readjudication in respect of Mismatch between Form 26AS and Contract Receipts [Read Order]")
ITAT upholds deletion of disallowance of deduction claimed u/s 80G of I.T Act in respect of CSR expenses [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, upheld the deletion of disallowance of the deduction claimed under Section 80G of the Income Tax Act, 1961, in respect of Corporate Social...
![ITAT upholds deletion of disallowance of deduction claimed u/s 80G of I.T Act in respect of CSR expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-upholds-deletion-of-disallowance-of-deduction-I.T-Act-in-respect-of-CSR-expenses-TAXSCAN.jpg "ITAT upholds deletion of disallowance of deduction claimed u/s 80G of I.T Act in respect of CSR expenses [Read Order]")
ITAT directs AO to consider stamp duty value on date of Letter of Allotment for making addition u/s 56(2)(vii)(b) I.T Act [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, directed the Assessing Officer (AO) to consider the stamp duty value on the date of the letter of allotment for making additions under section...
![ITAT directs AO to consider stamp duty value on date of Letter of Allotment for making addition u/s 56(2)(vii)(b) I.T Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-AO-stamp-duty-Letter-of-Allotment-I.T-Act-ITAT-directs-AO-to-consider-stamp-duty-value-taxscan.jpg "ITAT directs AO to consider stamp duty value on date of Letter of Allotment for making addition u/s 56(2)(vii)(b) I.T Act [Read Order]")
Delhi HC quashes Reassessment Order passed u/s 148A(d) of Income Tax Act on account of failure to hold oral hearing to assessee [Read Order]
In a recent case, the Delhi High Court quashed the assessment order passed under Section 148A(d) of the Income Tax Act, 1961, due to the failure to hold an oral hearing for the assessee. The writ...
