Aparna. M
Communication and Notice for Reassessment Proceedings sent to e-mail id registered with Income Tax Department: Kerala High Court dismisses Writ Petition [Read Order]
In a significant case, the Kerala High Court, while dismissing a writ petition, observed that communication and notices for reassessment proceedings...
![Additions u/s 68 of Income Tax Act based on Surmises and Conjectures: ITAT directs Re-adjudication for verifying Repayment of Loans [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Additions-Income-Tax-Act-Surmises-and-Conjectures-ITAT-directs-Re-adjudication-verifying-Repayment-of-Loans-taxscan.jpg "Additions u/s 68 of Income Tax Act based on Surmises and Conjectures: ITAT directs Re-adjudication for verifying Repayment of Loans [Read Order]")
![Late Fee u/s 234E of IT Act towards Belated filing of TDS return shall not be levied on prior to 01.06.2016: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Late-Fee-IT-Act-Belated-filing-of-TDS-return-ITAT-filing-of-TDS-return-taxscan.jpg "Late Fee u/s 234E of IT Act towards Belated filing of TDS return shall not be levied on prior to 01.06.2016: ITAT [Read Order]")
![Income Tax Department has no power to levy late fee and interest in respect of TDS as per intimation u/s 200A of IT Act prior to Amendment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Income-Tax-Department-levy-late-fee-interest-in-respect-TDS-intimation-IT-Act-Amendment-ITAT-taxscan.jpg "Income Tax Department has no power to levy late fee and interest in respect of TDS as per intimation u/s 200A of IT Act prior to Amendment: ITAT [Read Order]")
![Voluntary Deposit of tax shall not be considered as Admission of Guilt before receiving notice u/s 148 of Income Tax Act: ITAT deletes penalty u/s 271 (1) (c) I.T. Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Voluntary-Deposit-of-tax-considered-as-Admission-of-Guilt-before-receiving-notice-Income-Tax-Act-ITAT-deletes-penalty-I.T.Act-TAXSCAN.jpg "Voluntary Deposit of tax shall not be considered as Admission of Guilt before receiving notice u/s 148 of Income Tax Act: ITAT deletes penalty u/s 271 (1) (c) I.T. Act [Read Order]")
Municipal tax paid by society on behalf of flat owners is eligible for deduction u/s 24 of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that municipal tax paid by the society on behalf of flat owners is eligible for deduction under Section 24 of the Income Tax Act, 1961. ...
![Municipal tax paid by society on behalf of flat owners is eligible for deduction u/s 24 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Municipal-tax-society-flat-owners-eligible-deduction-Income-Tax-Act-ITAT-taxscan.jpg "Municipal tax paid by society on behalf of flat owners is eligible for deduction u/s 24 of Income Tax Act: ITAT [Read Order]")
Failure to submit relevant information to determine Actual Rent on Unfurnished Flat based on value of Furniture and Fittings of Furnished Flats: ITAT upholds Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, while upholding the addition made by the assessing officer, observed that the assessee failed to submit relevant information to determine the...
![Failure to submit relevant information to determine Actual Rent on Unfurnished Flat based on value of Furniture and Fittings of Furnished Flats: ITAT upholds Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Failure-submit-relevant-information-Actual-Rent-Unfurnished-Flat-Furniture-Fittings-of-Furnished-Flats-ITAT-upholds-Addition-taxscan.jpg "Failure to submit relevant information to determine Actual Rent on Unfurnished Flat based on value of Furniture and Fittings of Furnished Flats: ITAT upholds Addition [Read Order]")
No addition can made on Delay in filing Form No 10 within due date of ITR u/s 139 I.T Act when condoned by CIT(E): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) in Jodhpur held that no addition could be made for the delay in filing Form No. 10 within the due date of the Income Tax Return under Section 139 of the...
![No addition can made on Delay in filing Form No 10 within due date of ITR u/s 139 I.T Act when condoned by CIT(E): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-addition-on-Delay-in-filing-Form-No-10-due-date-of-ITR-I.T-Act-TAXSCAN.jpg "No addition can made on Delay in filing Form No 10 within due date of ITR u/s 139 I.T Act when condoned by CIT(E): ITAT [Read Order]")
Failure to produce Book of accounts during Assessment Proceedings due to communication gap between Assessee's Representative and Company: ITAT directs Re adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, while directing readjudication, observed that the assessee had failed to produce the books of accounts during the assessment proceedings due to...
![Failure to produce Book of accounts during Assessment Proceedings due to communication gap between Assessees Representative and Company: ITAT directs Re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Failure-to-produce-Book-accounts-Assessment-Proceedings-communication-between-Assessees-Representative-Company-ITAT-directs-Re-adjudication-TAXSCAN.jpg "Failure to produce Book of accounts during Assessment Proceedings due to communication gap between Assessees Representative and Company: ITAT directs Re adjudication [Read Order]")
ALP of ESOP Expenses cannot be taken as ‘Nil’ for determining Transfer pricing: ITAT grants relief to Booking.com [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that the Arm's Length Price of the Employee Stock Option Plan (ESOP) expenses could not be taken as "NIL" for determining transfer pricing. ...
![ALP of ESOP Expenses cannot be taken as ‘Nil’ for determining Transfer pricing: ITAT grants relief to Booking.com [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ALP-of-ESOP-cannot-be-taken-determining-Transfer-pricing-ITAT-grants-Booking.com-TAXSCAN.jpg "ALP of ESOP Expenses cannot be taken as ‘Nil’ for determining Transfer pricing: ITAT grants relief to Booking.com [Read Order]")
Failure to justify Genuine Reason for Delay in filing Appeal before Appellate Authority: ITAT denies Condonation for Delay [Read Order]
The Income Tax Appellate Tribunal (ITAT) Raipur bench, while rejecting the delay petition for condonation, held that the assessee failed to justify the genuine reason for the delay in filing the...
![Failure to justify Genuine Reason for Delay in filing Appeal before Appellate Authority: ITAT denies Condonation for Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Failure-to-justify-Genuine-Reason-for-Delay-in-filing-Appeal-Appellate-Authority-ITAT-denies-Condonation-for-Delay-TAXSCAN.jpg "Failure to justify Genuine Reason for Delay in filing Appeal before Appellate Authority: ITAT denies Condonation for Delay [Read Order]")
Non-Consideration of Sale Deed to determine Nature of Sold Land as Agricultural: ITAT directs Re-adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT ) Delhi bench during the appeal proceedings observed that the lower authorities did not consider sale deeds for determining the nature of sold land as...
![Non-Consideration of Sale Deed to determine Nature of Sold Land as Agricultural: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Non-Consideration-Sale-Deed-determine-Nature-Sold-Land-Agricultural-ITAT-directs-Re-adjudication-taxscan.jpg "Non-Consideration of Sale Deed to determine Nature of Sold Land as Agricultural: ITAT directs Re-adjudication [Read Order]")