Aparna. M
![Expenses incurred for Business Promotion and Tour & Travels of Firm for Discharging Professional Duties as Partner shall not be disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Expenses-incurred-for-Business-Promotion-and-Tour-Travels-of-Firm-Expenses-incurred-Business-Promotion-Professional-Duties-ITAT-Taxscan.jpg "Expenses incurred for Business Promotion and Tour & Travels of Firm for Discharging Professional Duties as Partner shall not be disallowed: ITAT [Read Order]")
Expenses incurred for Business Promotion and Tour & Travels of Firm for Discharging Professional Duties as Partner shall not be disallowed: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has recently ruled that the expenses incurred for business promotion and tour &...
![No addition can be made on assessee, if ownership of Jewellery belongs to Family Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-addition-can-be-made-on-assessee-addition-assessee-ownership-of-Jewellery-belongs-to-Family-Members-ownership-of-Jewellery-ITAT-Taxscan.jpg "No addition can be made on assessee, if ownership of Jewellery belongs to Family Members: ITAT [Read Order]")
![ITAT quashes Reassessment Proceedings Initiated by Assessing Officer without having Tangible Materials [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-quashes-Reassessment-Proceedings-Assessing-Officer-Tangible-Materials-Assessing-Officer-without-having-Tangible-Materials-Reassessment-Proceedings-taxscan.jpg "ITAT quashes Reassessment Proceedings Initiated by Assessing Officer without having Tangible Materials [Read Order]")
![ITAT deletes Addition made on Cash out of Income leaving aside Amount of Huge Cash Withdrawals from SBI to UCO Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Addition-Cash-Income-Amount-Huge-Cash-Withdrawals-SBI-UCO-Bank-TAXSCAN.jpg "ITAT deletes Addition made on Cash out of Income leaving aside Amount of Huge Cash Withdrawals from SBI to UCO Bank [Read Order]")
![Ex Parte Order of CIT(A) Sent to email address of former Chartered Accountant of assessee: ITAT Condones Delay and directs Re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Ex-Parte-Order-CITA-email-address-Chartered-Accountant-assessee-ITAT-Readjudication-TAXSCAN-.jpg "Ex Parte Order of CIT(A) Sent to email address of former Chartered Accountant of assessee: ITAT Condones Delay and directs Re adjudication [Read Order]")
No Penalty shall be Levied on Grounds of Non-Auditing of Accounts if Bonafidely Claims Exemption u/s 11 of Income Tax Act: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that no penalty should be levied on the grounds of non-auditing of accounts if bonafidely claims exemption under Section 11 of Income...
![No Penalty shall be Levied on Grounds of Non-Auditing of Accounts if Bonafidely Claims Exemption u/s 11 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-Penalty-shall-be-Levied-on-Grounds-of-Non-Auditing-of-Accounts-if-Bonafidely-Claims-Exemption-Income-Tax-Act-ITAT-TAXSCAN.jpg "No Penalty shall be Levied on Grounds of Non-Auditing of Accounts if Bonafidely Claims Exemption u/s 11 of Income Tax Act: ITAT [Read Order]")
Period During Covid-19 Pandemic not includes in Limitation Period for Appeal filing: ITAT Condones Delay [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) while condoning the delay of the appeal, it was held that period during covid-19 pandemic not included in the limitation period for...
![Period During Covid-19 Pandemic not includes in Limitation Period for Appeal filing: ITAT Condones Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Period-During-Covid-19-Pandemic-not-includes-in-Limitation-Period-Appeal-filing-ITAT-Condones-Delay-taxscan.jpg "Period During Covid-19 Pandemic not includes in Limitation Period for Appeal filing: ITAT Condones Delay [Read Order]")
![Assessing officer cannot make Second Assessment on Same Issue on Same Assessment Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessing-officer-cannot-make-Second-Assessment-on-Same-Issue-on-Same-Assessment-Year-ITAT-TAXSCAN.jpg "Assessing officer cannot make Second Assessment on Same Issue on Same Assessment Year: ITAT [Read Order]")
Addition made on Account of Estimated Rate of Profit applied to Turnover does not Amount to Concealment: ITAT deletes Penalty [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) has held that addition made on account of estimated rate of profit applied to turnover did not amount to concealment. Therefore, the bench...
![Addition made on Account of Estimated Rate of Profit applied to Turnover does not Amount to Concealment: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Account-of-Estimated-Rate-of-Profit-Account-Estimated-Rate-Profit-Rate-of-Profit-Turnover-Amount-to-Concealment-Concealment-ITAT-deletes-Penalty-ITAT-Penalty-Taxscan.jpg "Addition made on Account of Estimated Rate of Profit applied to Turnover does not Amount to Concealment: ITAT deletes Penalty [Read Order]")
Receipts from International Traffic pertaining to Voyage shall not be Chartered as ‘Royalty’: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the receipts from international traffic pertaining to voyages should not be chartered as royalty . The assessee, Tata NYK Shipping...
![Receipts from International Traffic pertaining to Voyage shall not be Chartered as ‘Royalty’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Receipts-International-Traffic-Voyage-ITAT-Receipts-from-International-Traffic-pertaining-to-Voyage-Chartered-as-Royalty-ITAT-income-tax-taxscan.jpg "Receipts from International Traffic pertaining to Voyage shall not be Chartered as ‘Royalty’: ITAT [Read Order]")
ITAT upholds Addition made u/s 36 of Income Tax Act for delayed Deposit of EPF & ESIC [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench upheld the addition made under Section 36 of Income Tax Act for delayed deposit of Employees’ Provident Fund (EPF) and Employee State Insurance...
![ITAT upholds Addition made u/s 36 of Income Tax Act for delayed Deposit of EPF & ESIC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-upholds-addition-Income-Tax-Act-delay-deposit-EPF-ESIC-income-tax-act-taxscan.jpg "ITAT upholds Addition made u/s 36 of Income Tax Act for delayed Deposit of EPF & ESIC [Read Order]")
Auditor Inadvertently Shown Wrong Disallowance Sum u/s 43B of Income Tax Act in Audit Report uploaded on Income Tax Portal: ITAT directs re-adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT) Kolkata Bench directed readjudication on reason of auditor inadvertently shown wrong disallowance sum under Section 43B of Income Tax Act, 1961 in audit...
![Auditor Inadvertently Shown Wrong Disallowance Sum u/s 43B of Income Tax Act in Audit Report uploaded on Income Tax Portal: ITAT directs re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Auditor-Wrong-Disallowance-Sum-Income-Tax-Act-Audit-Report-income-tax-taxscan.jpg "Auditor Inadvertently Shown Wrong Disallowance Sum u/s 43B of Income Tax Act in Audit Report uploaded on Income Tax Portal: ITAT directs re-adjudication [Read Order]")