Gayathri C.H
![ITAT Quashes S. 153C Assessments based on Invalid Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/ITAT-Assessments-Notices-Invalid-Notices-Income-Tax-Act-Income-Tax-Tax-Taxscan-.jpg "ITAT Quashes S. 153C Assessments based on Invalid Notices [Read Order]")
ITAT Quashes S. 153C Assessments based on Invalid Notices [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, while considering the appeals filed before it, quashed Section 153C assessments,...
![Capital Gain Exemption u/s 54F cannot be Allowed for Sale and Purchase of Plots: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Capital-Gain-Exemption-Capital-Gain-Sale-and-Purchase-of-Plots-Sale-Purchase-Plots-ITAT-Income-Tax-Tax-Taxscan.jpg "Capital Gain Exemption u/s 54F cannot be Allowed for Sale and Purchase of Plots: ITAT [Read Order]")
![Addition cannot be Solely Based on Statement of Director of Company during Survey without Independent Finding by AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Addition-Statement-Director-of-Company-Survey-AO-ITAT-Taxscan.jpg "Addition cannot be Solely Based on Statement of Director of Company during Survey without Independent Finding by AO: ITAT [Read Order]")
![Mistakes must be Expected during Migration from Physical Hearing to Faceless: ITAT Imposes Cost of Rs. 25,000 on Assessee for Restoration of Ex-Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Physical-Hearing-Faceless-Physical-Hearing-to-Faceless-ITAT-Ex-Parte-Order-Restoration-taxscan.jpg "Mistakes must be Expected during Migration from Physical Hearing to Faceless: ITAT Imposes Cost of Rs. 25,000 on Assessee for Restoration of Ex-Parte Order [Read Order]")
![Addition of Deemed Rent cannot be made in respect of a Non-Habitable Residential Flat: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Deemed-Rent-Residential-Flat-ITAT-Income-Tax-Tax-taxscan.jpg "Addition of Deemed Rent cannot be made in respect of a Non-Habitable Residential Flat: ITAT [Read Order]")
Provision for Capital Gain Exemption u/s 54F are Beneficial Provision, Substantial Compliance would Entitle Assessee to Claim Full Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that the provision for capital gain exemption u/s 54F is the beneficial provision, and hence...
![Provision for Capital Gain Exemption u/s 54F are Beneficial Provision, Substantial Compliance would Entitle Assessee to Claim Full Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Capital-Gain-Exemption-Beneficial-Provision-Substantial-Compliance-Assessee-Full-Deduction-Deduction-ITAT-Taxscan.jpg "Provision for Capital Gain Exemption u/s 54F are Beneficial Provision, Substantial Compliance would Entitle Assessee to Claim Full Deduction: ITAT [Read Order]")
Non-Registered Banakhat is Not A Valid Document for Property Transfer: ITAT disallows Capital Gain Exemption u/s 54F [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmadabad Bench, has recently, in an appeal filed before it, while disallowing capital gain exemption u/s 54 F, held that non- registered banakhat is not a...
![Non-Registered Banakhat is Not A Valid Document for Property Transfer: ITAT disallows Capital Gain Exemption u/s 54F [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Non-Registered-Banakhat-Property-Transfer-ITAT-Capital-Gain-Exemption-TAXSCAN.jpg "Non-Registered Banakhat is Not A Valid Document for Property Transfer: ITAT disallows Capital Gain Exemption u/s 54F [Read Order]")
Online Filing of Appeal by Foreign National Failed Due to Not Having Aadhaar: ITAT Grants Relief to Assessee [Read Order]
The Income Tax Appellate Tribunal (ITAT), Dehradun Bench, has recently, in an appeal filed before it, granted relief to an assessee, in a case where the online filing of appeal by a foreign national...
![Online Filing of Appeal by Foreign National Failed Due to Not Having Aadhaar: ITAT Grants Relief to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Online-Filing-of-Appeal-Filing-of-Appeal-Appeal-Foreign-National-Aadhaar-ITAT-Assessee-Taxscan.jpg "Online Filing of Appeal by Foreign National Failed Due to Not Having Aadhaar: ITAT Grants Relief to Assessee [Read Order]")
TDS Credit shall be given for the Assessment year for which such Income is Assessable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmadabad Bench, has recently, in an appeal filed before it, held that TDS credit shall be given for the assessment year for which such income is assessable....
![TDS Credit shall be given for the Assessment year for which such Income is Assessable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/TDS-Credit-Assessment-Income-ITAT-TAXSCAN.jpg "TDS Credit shall be given for the Assessment year for which such Income is Assessable: ITAT [Read Order]")
![No Penalty If Income Already Offered to Tax by Different Entity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Penalty-Income-Tax-by-Different-Entity-ITAT-TAXSCAN.jpg "No Penalty If Income Already Offered to Tax by Different Entity: ITAT [Read Order]")
Sale Deed does not Mention Shares held by Co-Owners: ITAT upholds Equal Income Tax Liability on Rental Income [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, held that if the sale deed does not mention the share held by co- owners, there would be equal...
![Sale Deed does not Mention Shares held by Co-Owners: ITAT upholds Equal Income Tax Liability on Rental Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Sale-Deed-Shares-held-by-Co-Owners-ITAT-Equal-Income-Tax-Liability-Rental-Income-Taxscan.jpg "Sale Deed does not Mention Shares held by Co-Owners: ITAT upholds Equal Income Tax Liability on Rental Income [Read Order]")
![Interest paid on Customs Duty Deductible u/s 43B of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Customs-Duty-Customs-Interest-paid-Interest-Income-Tax-Act-Income-Tax-ITAT-Tax-taxscan.jpg "Interest paid on Customs Duty Deductible u/s 43B of Income Tax Act: ITAT [Read Order]")