Fathima Karama A.M
![Benefit of Cost of Acquisition in construction of roof rights in property: ITAT direct to consider Valuation Report [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Cost-of-Acquisition-construction-of-roof-rights-in-property-roof-rights-in-property-ITAT-Valuation-Report-Cost-of-Acquisition-in-construction-of-roof-rights-taxscan.jpg "Benefit of Cost of Acquisition in construction of roof rights in property: ITAT direct to consider Valuation Report [Read Order]")
Benefit of Cost of Acquisition in construction of roof rights in property: ITAT direct to consider Valuation Report [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has directed to consider valuation report for giving the benefit of cost of acquisition in...
![No Disallowance of Part of Director’s Remuneration and Depreciation When Business Stopped Due to Temporary Lull: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Disallowance-of-Part-of-Directors-Remuneration-and-Depreciation-Business-Stopped-Due-to-Temporary-Lull-ITAT-TAXSCAN.jpg "No Disallowance of Part of Director’s Remuneration and Depreciation When Business Stopped Due to Temporary Lull: ITAT [Read Order]")
![ITAT quashes Addition Against Practicing Doctor for Cash Deposit during Demonetization [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-ITAT-quashes-Addition-Practicing-Doctor-Doctor-Cash-Deposit-during-Demonetization-Demonetization-Income-Tax-taxscan.jpg "ITAT quashes Addition Against Practicing Doctor for Cash Deposit during Demonetization [Read Order]")
Rejection of Registration of Trust for Non-Compliance of Notices and Non-Registration u/s. 12AB without Adhering to Principles of Natural Justice: ITAT directs Re-Adjudication
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has directed re-adjudication on finding the rejection of registration of a trust for non-compliance of notice and non-registration under...
Income Escaped for Assessment not Represented "in the form of an asset": ITAT quashes Addition u/s 153A Towards Bogus Purchase and Disallowance of Salary
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has quashed the addition under Section 153A of the Income Tax Act, 1961 towards bogus purchase and disallowance of salary as the income...
No failure to provide Material Facts: ITAT sets aside Reassessment Proceedings initiated after Expiry of 4 Years [Read Order]
The Mumbai Bench of Income Tax Appellate tribunal (ITAT) has set aside the reassessment proceedings initiated after the expiry of 4 years as there was no failure to provide material facts. The...
![No failure to provide Material Facts: ITAT sets aside Reassessment Proceedings initiated after Expiry of 4 Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-failure-to-provide-Material-Facts-Material-Facts-ITAT-sets-aside-Reassessment-Proceedings-Reassessment-Proceedings-ITAT-Income-Tax-Reassessment-taxscan.jpg "No failure to provide Material Facts: ITAT sets aside Reassessment Proceedings initiated after Expiry of 4 Years [Read Order]")
Assessment u/s 153C not Valid for Assessment Years not Covered within 6-Year Period: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the assessment under Section 153C of the Income Tax Act, 1961 would not be valid for the assessment year not covered within the...
![Assessment u/s 153C not Valid for Assessment Years not Covered within 6-Year Period: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Assessment-Assessment-Years-ITAT-taxscan.jpeg "Assessment u/s 153C not Valid for Assessment Years not Covered within 6-Year Period: ITAT [Read Order]")
![TDS not applicable to Uber India on payments made to driver-partners: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/TDS-not-applicable-to-Uber-India-on-payments-driver-partners-ITAT-TAXSCAN.jpg "TDS not applicable to Uber India on payments made to driver-partners: ITAT [Read Order]")
Repair Work Inextricably connected with Prospecting, Extraction or Production of Mineral Oil Taxable u/s 44BB: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that repair work inextricably connected with prosecting, extraction or production of mineral oil are taxable under Section 44B of the...
![Repair Work Inextricably connected with Prospecting, Extraction or Production of Mineral Oil Taxable u/s 44BB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/mineral-oil-1.jpg "Repair Work Inextricably connected with Prospecting, Extraction or Production of Mineral Oil Taxable u/s 44BB: ITAT [Read Order]")
ITAT quashes Addition for Unexplained Expenditure made on mere Extrapolation and Presumption [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has held that addition for unexplained expenditure could not be made on mere extrapolation and presumption. The assessee, Assam Kerala...
![ITAT quashes Addition for Unexplained Expenditure made on mere Extrapolation and Presumption [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/ITAT-Unexplained-Expenditure-Extrapolation-Presumption-Taxscan.jpeg "ITAT quashes Addition for Unexplained Expenditure made on mere Extrapolation and Presumption [Read Order]")