Fathima Karama A.M
TDS not applicable to professional and consultancy services neither "availed" nor "rendered" and even not "utilised" in India: ITAT upholds deletion of disallowance u/s 40(a)(ia) of Income Tax Act
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has upheld the deletion of disallowance under Section 40(a)(ia) of Income Tax Act 1961...
![Addition Made by AO Towards Share Premium u/s 56(2)(viib) of Income Tax Act Already Offered to Tax by Assessee Before Settlement Commission: ITAT upholds Deletion of Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Addition-Made-by-AO-Towards-Share-Premium-Addition-AO-Share-Premium-Income-Tax-Act-Income-Tax-ITAT-Taxscan.jpg "Addition Made by AO Towards Share Premium u/s 56(2)(viib) of Income Tax Act Already Offered to Tax by Assessee Before Settlement Commission: ITAT upholds Deletion of Addition [Read Order]")
![Interest Expenditure not Claimed in Profit and Loss Account cannot be Treated as Revenue Expense for Disallowance u/s 14A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Interest-Interest-Expenditure-Expenditure-Profit-ITAT-taxscan.jpg "Interest Expenditure not Claimed in Profit and Loss Account cannot be Treated as Revenue Expense for Disallowance u/s 14A of Income Tax Act: ITAT [Read Order]")
![AO cannot Interpolate the Extra Payment for Every Month to Entire 12 Months for Additional Work by Guest Teachers: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/AO-Interpolate-Extra-Payment-Every-Month-Work-Guest-Teachers-ITAT-TAXSCAN.jpg "AO cannot Interpolate the Extra Payment for Every Month to Entire 12 Months for Additional Work by Guest Teachers: ITAT deletes Addition [Read Order]")
![Mere Search Statement Recorded from Third Parties 5 years ago not Relevant for Framing Current Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Search-Statement-Recorded-from-Third-Parties-Search-Statement-Statement-Recorded-Third-Parties-Framing-Current-Assessment-Current-Assessment-Assessment-ITAT-Taxscan.jpg "Mere Search Statement Recorded from Third Parties 5 years ago not Relevant for Framing Current Assessment: ITAT [Read Order]")
Rectification u/s 154 of Income Tax Act cannot be Invoked to Adjust prior period Expenses: ITAT deletes Addition [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition holding that the rectification under Section 154 of the Income Tax Act 1961 could not be invoked to adjust prior...
![Rectification u/s 154 of Income Tax Act cannot be Invoked to Adjust prior period Expenses: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Rectification-Income-Tax-Act-expenses-prior-period-expenses-ITAT-deletes-Addition-ITAT-Addition-taxscan.jpg "Rectification u/s 154 of Income Tax Act cannot be Invoked to Adjust prior period Expenses: ITAT deletes Addition [Read Order]")
GE Energy did not have any PE in India as No Expatriate Employee Present in India in Impugned Assessment Years: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that GE Energy Parts did not have any permanent establishment in India as no expatriate employee was present in India during the...
![GE Energy did not have any PE in India as No Expatriate Employee Present in India in Impugned Assessment Years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/GE-Energy-GE-Energy-did-not-have-any-PE-in-India-as-No-Expatriate-Employee-Present-in-India-Employee-Assessment-Years-ITAT-Taxscan.jpg "GE Energy did not have any PE in India as No Expatriate Employee Present in India in Impugned Assessment Years: ITAT [Read Order]")
AO should not Resort to Adhoc Disallowance: ITAT Deletes Addition based on Adhoc Disallowance out of Staff Welfare Expenses [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition based on adhoc disallowance out of staff welfare expenses holding that the AO should not resort to adhoc disallowance....
![AO should not Resort to Adhoc Disallowance: ITAT Deletes Addition based on Adhoc Disallowance out of Staff Welfare Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/AO-Resort-Adhoc-Disallowance-ITAT-Adhoc-Staff-Welfare-Expenses-TAXSCAN.jpg "AO should not Resort to Adhoc Disallowance: ITAT Deletes Addition based on Adhoc Disallowance out of Staff Welfare Expenses [Read Order]")
Non-reply to Notice due to miscommunication between assessee and Tax Consultant: ITAT directs CIT(A) Denovo Adjudication [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has directed the Commissioner of Income Tax Appeals (CIT(A)) denovo adjudication as the non-reply to the notice was due to some...
![Non-reply to Notice due to miscommunication between assessee and Tax Consultant: ITAT directs CIT(A) Denovo Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Non-reply-to-notice-notice-miscommunication-assessee-Tax-Consultant-ITAT-taxscan.jpg "Non-reply to Notice due to miscommunication between assessee and Tax Consultant: ITAT directs CIT(A) Denovo Adjudication [Read Order]")
ITAT levies Cost of Rs 5000 to be Paid towards PM's Relief Fund for Callous Attitude of Ignoring Notices of CIT(A) NFAC [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has levied the cost of Rs 5000 to be paid towards Prime Minister’s relief fund for callous attitude of ignoring notices of Commissioner of...
![ITAT levies Cost of Rs 5000 to be Paid towards PMs Relief Fund for Callous Attitude of Ignoring Notices of CIT(A) NFAC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-ITAT-levies-Cost-PMs-Relief-Fund-Relief-Fund-Callous-Attitude-of-Ignoring-Notices-taxscan.jpg "ITAT levies Cost of Rs 5000 to be Paid towards PMs Relief Fund for Callous Attitude of Ignoring Notices of CIT(A) NFAC [Read Order]")
Restriction Imposed on AO in Accepting New Claim otherwise than Through Return or Revised Return of Income not Applicable to Higher Appellate Authorities: ITAT Allows Deduction u/s 54 of Income Tax Act [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has allowed the deduction under Section 54 of the Income Tax Act holding that the restrictions on AO in accepting new claims otherwise than...
![Restriction Imposed on AO in Accepting New Claim otherwise than Through Return or Revised Return of Income not Applicable to Higher Appellate Authorities: ITAT Allows Deduction u/s 54 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Restriction-Imposed-on-AO-in-Accepting-New-Claim-otherwise-than-Through-Return-Revised-Return-of-Income-Higher-Appellate-Authorities-ITAT-Allows-Deduction-Income-Tax-Act-Income-Tax-taxscan.jpg "Restriction Imposed on AO in Accepting New Claim otherwise than Through Return or Revised Return of Income not Applicable to Higher Appellate Authorities: ITAT Allows Deduction u/s 54 of Income Tax Act [Read Order]")
Addition cannot be Made and Sustained by Invoking the Deeming Provision of Section 68 of the Income Tax Act: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the addition could not be made and sustained by invoking the deeming provision of Section 68 of the Income Tax Act 1961. The...
![Addition cannot be Made and Sustained by Invoking the Deeming Provision of Section 68 of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Addition-Invoking-the-Deeming-Provision-Income-Tax-Act-ITAT-Income-Tax-Deeming-Provision-taxscan.jpg "Addition cannot be Made and Sustained by Invoking the Deeming Provision of Section 68 of the Income Tax Act: ITAT [Read Order]")