Gayathri C.H
CESTAT Weekly Round-Up
This weekly round-up analytically summarises the key stories of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) reported at...
![Deduction u/s 80(1C) Allowable If Form 10CB filed before Final Assessment Order: ITAT [Read Order]](/images/placeholder.jpg "Deduction u/s 80(1C) Allowable If Form 10CB filed before Final Assessment Order: ITAT [Read Order]")
![Company couldn’t Prove that Cash Loan was taken for Urgent Disbursal of Salary: ITAT Upholds Penalty u/s 271D [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Company-Cash-Loan-Urgent-Salary-ITAT-Penalty-TAXSCAN.jpg "Company couldn’t Prove that Cash Loan was taken for Urgent Disbursal of Salary: ITAT Upholds Penalty u/s 271D [Read Order]")
![Payment of Electricity Duty Deductible u/s 43B of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Payment-Electricity-Duty-Deductible-Income-Tax-Act-ITAT-TAXSCAN.jpg "Payment of Electricity Duty Deductible u/s 43B of Income Tax Act: ITAT [Read Order]")
![Unavailability of Tax Consultant and Illness of Grandson Not Proved: ITAT Refuses to Condone Delay of 329 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Tax-Consultant-Tax-Illness-Condone-Delay-ITAT-Income-Tax-Tax-taxscan.jpg "Unavailability of Tax Consultant and Illness of Grandson Not Proved: ITAT Refuses to Condone Delay of 329 Days [Read Order]")
Disallowance of Claim does not mean that Particulars furnished by Assessee are Wrong: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur Bench, has recently in an appeal filed before it, while deleting the penalty, held that disallowance of claim does not mean that particulars furnished...
![Disallowance of Claim does not mean that Particulars furnished by Assessee are Wrong: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Disallowance-of-Claim-ITAT-Penalty-taxscan.jpg "Disallowance of Claim does not mean that Particulars furnished by Assessee are Wrong: ITAT deletes Penalty [Read Order]")
Income Tax Deduction Claim u/s 80IA cannot be denied for Vague and Ambiguous Reasons: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Kolkata Bench, has recently, in an appeal filed before it, held that income tax deduction claim u/s 80IA cannot be denied for vague and ambiguous reasons. ...
![Income Tax Deduction Claim u/s 80IA cannot be denied for Vague and Ambiguous Reasons: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-Tax-Deduction-Income-Tax-Income-Tax-Deduction-Claim-Vague-ITAT-Taxscan.jpg "Income Tax Deduction Claim u/s 80IA cannot be denied for Vague and Ambiguous Reasons: ITAT [Read Order]")
Addition of Sundry Debtors/Advance to Growers cannot be made u/s 68 of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Amritsar Bench, has recently, in an appeal filed before it, held that addition of sundry debtors/advance to growers cannot be made under section 68 of...
![Addition of Sundry Debtors/Advance to Growers cannot be made u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Sundry-Debtors-Addition-of-Sundry-Debtors-Income-Tax-Act-Income-Tax-ITAT-Taxscan.jpg "Addition of Sundry Debtors/Advance to Growers cannot be made u/s 68 of Income Tax Act: ITAT [Read Order]")
![Higher Rate of Depreciation at 50% Allowable on Commercial Vehicles Only: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Depreciation-Commercial-Vehicles-ITAT-Higher-Rate-of-Depreciation-Taxscan.jpg "Higher Rate of Depreciation at 50% Allowable on Commercial Vehicles Only: ITAT [Read Order]")
Delay in seeking Permission from head office is “Reasonable Cause” for Delay in filing Appeal: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Amritsar Bench, has recently, in an appeal filed before it, held thatdelay in seeking permission from head office is “reasonable cause” for delay in filing...
![Delay in seeking Permission from head office is “Reasonable Cause” for Delay in filing Appeal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Reasonable-Cause-Appeal-ITAT-TAXSCAN.jpg "Delay in seeking Permission from head office is “Reasonable Cause” for Delay in filing Appeal: ITAT [Read Order]")
Expenditure towards Customer Contracts and Assembled Workforce are ‘Capital’ in Nature: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Delhi Bench, has recently, in an appeal filed before it, held that expenditure towards customer contracts and assembled workforce are “capital” in nature. ...
![Expenditure towards Customer Contracts and Assembled Workforce are ‘Capital’ in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Expenditure-Customer-Contracts-Assembled-Workforce-Capital-ITAT-Taxscan.jpg "Expenditure towards Customer Contracts and Assembled Workforce are ‘Capital’ in Nature: ITAT [Read Order]")
Assessee can’t Suffer due to Delay on the part of Deductor in Updating PAN of Legal Heir: ITAT Allows TDS Credit [Read Order]
The Income Tax Appellate Tribunal (ITAT), Amritsar, has recently, in an appeal filed before it, while allowing TDS credit, held that the assessee cannot suffer due to the delay on part of the...
![Assessee can’t Suffer due to Delay on the part of Deductor in Updating PAN of Legal Heir: ITAT Allows TDS Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Assessee-PAN-of-Legal-Heir-ITAT-TDS-TDS-Credit-taxscan.jpg "Assessee can’t Suffer due to Delay on the part of Deductor in Updating PAN of Legal Heir: ITAT Allows TDS Credit [Read Order]")