Aparna. M
Higher Sales Shown during Demonetization Period to Cover up Cash Deposits to Bank Accounts: ITAT Directs to treat Addition as Income from Business and Tax at Normal Rates
The Income Tax Appellate Tribunal (ITAT) Chennai bench while directing to treat addition as the income from business and Tax at the normal rates...
![No addition can be made on completed assessment in absence of Incriminating Material found during course of Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-addition-No-addition-can-be-made-on-completed-assessment-in-absence-of-Incriminating-Material-assessment-in-absence-of-Incriminating-Material-Incriminating-Material-ITAT-taxscan.jpg "No addition can be made on completed assessment in absence of Incriminating Material found during course of Search: ITAT [Read Order]")
![No disallowance shall be made u/s 14A r.w.r 8D I.T Rule if assessee not earned any exempt income previous year relevant to assessment year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/CBIC-Sets-Norms-for-Officer-Posting-and-Performance-CRC-Payment-Exemption-at-Air-Freight-Solutions-TAXSCAN.jpg "No disallowance shall be made u/s 14A r.w.r 8D I.T Rule if assessee not earned any exempt income previous year relevant to assessment year: ITAT [Read Order]")
![Ex-parte Addition on Unexplained Investment: ITAT directs Re adjudication of Addition towards source of Investment in Purchase of Immovable Property [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Ex-parte-Unexplained-Investment-ITAT-Re-adjudication-Addition-Investment-Purchase-Immovable-Property-TAXSCAN.jpg "Ex-parte Addition on Unexplained Investment: ITAT directs Re adjudication of Addition towards source of Investment in Purchase of Immovable Property [Read Order]")
Cash Payments made to Agents to procure lands from Land Owners will be Covered by Exclusion Provided under Rule 6DD(k) of IT Rules r.w.s 40A(3) of Act Income Tax Act: ITAT upholds Deletion of Disallowance
The Income Tax Appellate Tribunal (ITAT) Chennai bench held that the cash payments made to agents to procure land from the land owners would be covered by the exclusion provided under Rule...
No TDS applicable on payments made to Haryana Urban Development Authority on account of EDC charges: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi bench held that Tax deduction at source (TDS) not applicable on payments made to Haryana Urban Development Authority on account of External Development...
![No TDS applicable on payments made to Haryana Urban Development Authority on account of EDC charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-TDS-applicable-payments-Haryana-Urban-Development-Authority-account-EDC-ITAT-TAXSCAN.jpg "No TDS applicable on payments made to Haryana Urban Development Authority on account of EDC charges: ITAT [Read Order]")
No addition can be made on value of purchase of Lands are recorded Books of Account of Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai bench held that no addition could be made on the value of purchase of lands that are recorded in the books of account of assessee. Assessee, Om...
![No addition can be made on value of purchase of Lands are recorded Books of Account of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/value-of-purchase-of-lands-purchase-of-lands-addition-Books-of-Account-of-Assessee-Books-of-Account-Assessee-taxscan.jpg "No addition can be made on value of purchase of Lands are recorded Books of Account of Assessee: ITAT [Read Order]")
Provision for retirement pension of Hindustan Unilever employees is made for Business Purpose: ITAT allows deduction [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench, while allowing deduction in respect of retirement pension of employees of Hindustan Unilever employees observed that provision for the...
![Provision for retirement pension of Hindustan Unilever employees is made for Business Purpose: ITAT allows deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Provision-for-retirement-pension-Provision-for-retirement-pension-of-Hindustan-Unilever-employees-Business-Purpose-ITAT-allows-deduction-ITAT-taxscan.jpg "Provision for retirement pension of Hindustan Unilever employees is made for Business Purpose: ITAT allows deduction [Read Order]")
Increasing Value of Closing Stock of Raw Materials and Packing Materials Unutilized Balance of Modvat:Â ITAT directs Readjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench directs readjudication related to the action of Assessing Officer for increasing the value of closing stock of the assessee during the...
![Increasing Value of Closing Stock of Raw Materials and Packing Materials Unutilized Balance of Modvat:Â ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Increasing-value-of-closing-stock-of-raw-materials-packing-materials-unutilized-balance-of-Modvat-ITAT-directs-readjudication-taxscan.jpg "Increasing Value of Closing Stock of Raw Materials and Packing Materials Unutilized Balance of Modvat:Â ITAT directs Readjudication [Read Order]")
Treatment of legal cost incurred by Hindustan Unilever in respect of merger of erstwhile Industrial Perfumes: ITAT directs Readjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench directed readjudication in respect of treatment of legal cost incurred by Hindustan Unilever on merger of erstwhile Industrial Perfumes Limited. ...
![Treatment of legal cost incurred by Hindustan Unilever in respect of merger of erstwhile Industrial Perfumes: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Treatment-Treatment-of-legal-cost-legal-cost-Hindustan-Unilever-Industrial-Perfumes-ITAT-directs-Readjudication-Readjudication-ITAT-taxscan-.jpg "Treatment of legal cost incurred by Hindustan Unilever in respect of merger of erstwhile Industrial Perfumes: ITAT directs Readjudication [Read Order]")
Interest amount paid by Indian branch to Foreign Head Office is not taxable in India under India France DTAA: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that the interest amount paid by the Indian Branch to Foreign Head office was not taxable in India under India France Double Taxation...
![Interest amount paid by Indian branch to Foreign Head Office is not taxable in India under India France DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Interest-amount-paid-by-Indian-branch-to-Foreign-Head-Office-taxable-in-India-under-India-France-DTAA-ITAT-TAXSCAN.jpg "Interest amount paid by Indian branch to Foreign Head Office is not taxable in India under India France DTAA: ITAT [Read Order]")