Gayathri C.H
![Subscription Revenue received in Chemical extract Service and Publication division not Royalty u/s 9(1)(vi): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Subscription-Revenue-Chemical-extract-Service-Royalty-Publication-division-ITAT-taxscan.jpg "Subscription Revenue received in Chemical extract Service and Publication division not Royalty u/s 9(1)(vi): ITAT [Read Order]")
Subscription Revenue received in Chemical extract Service and Publication division not Royalty u/s 9(1)(vi): ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Mumbai Bench, has recently, in an appeal filed before it, held that the subscription revenue received in...
![Section 43B of Income Tax Act Not applicable to Service Tax Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Act-Income-Tax-service-Tax-Service-Tax-Liability-ITAT-Income-Tax-Taxscan.jpg "Section 43B of Income Tax Act Not applicable to Service Tax Liability: ITAT [Read Order]")
![Exemption u/s 10 (23C) not to be Denied Unless Donation to Trusts Evidentiated as Bogus: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Donation-Trusts-Donation-to-Trusts-Bogus-ITAT-Income-tax-tax-taxscan.jpg "Exemption u/s 10 (23C) not to be Denied Unless Donation to Trusts Evidentiated as Bogus: ITAT [Read Order]")
![Income Tax Return filed with Defect and Consequent Intimation u/s.143(1) is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Return-Defect-Consequent-Intimation-Invalid-ITAT-TAXSCAN.jpg "Income Tax Return filed with Defect and Consequent Intimation u/s.143(1) is Invalid: ITAT [Read Order]")
![AO cannot Work Out Disallowance of Miscellaneous Expenditure on Guess Work Basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/AO-Disallowance-of-Miscellaneous-Expenditure-Disallowance-Miscellaneous-Expenditure-ITAT-taxscan.jpg "AO cannot Work Out Disallowance of Miscellaneous Expenditure on Guess Work Basis: ITAT [Read Order]")
Relief to Air India: ITAT Upholds Order allowing Unusable Old Inventory of Spares and Parts as Loss [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, in an appeal filed before it by Air India, upheld the orders allowing unusable old inventory of spare and parts, as loss. The...
![Relief to Air India: ITAT Upholds Order allowing Unusable Old Inventory of Spares and Parts as Loss [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Air-India-ITAT-Old-Inventory-of-Spares-Parts-Loss-TAXSCAN.jpg "Relief to Air India: ITAT Upholds Order allowing Unusable Old Inventory of Spares and Parts as Loss [Read Order]")
Dominant purpose of Investment holds No Consequence for Applicability of Section 14A read with rule 8D of rules: ITAT decides SBI’s case [Read Order]
The Income Tax Appellate Tribunal ( ITAT ),Mumbai Bench, has recently , in the appeals filed before it, while ruling in favor of SBI, held that dominant purpose of the investment holds no...
![Dominant purpose of Investment holds No Consequence for Applicability of Section 14A read with rule 8D of rules: ITAT decides SBI’s case [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Investment-ITAT-SBI-Income-Tax-Tax-taxscan.jpg "Dominant purpose of Investment holds No Consequence for Applicability of Section 14A read with rule 8D of rules: ITAT decides SBI’s case [Read Order]")
Relief to SBI: ITAT holds Unrealized Interest on Borrower Accounts Classified as Non-Performing Accounts to be Non-Taxable [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Mumbai Bench, has recently , in the appeals filed before it, while granting relied to SBI, held that unrealized interest on borrower...
![Relief to SBI: ITAT holds Unrealized Interest on Borrower Accounts Classified as Non-Performing Accounts to be Non-Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/SBI-ITAT-Unrealized-Interest-Interest-Borrower-Accounts-Non-Performing-Accounts-Non-Taxable-Income-Tax-Taxable-Tax-taxscan.jpg "Relief to SBI: ITAT holds Unrealized Interest on Borrower Accounts Classified as Non-Performing Accounts to be Non-Taxable [Read Order]")
Revisional Authority shall Avoid the attitude of “I have the Power and I shall exercise”: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has recently in an appeal filed before it, held that the revisional authority shall avoid the attitude of “I have the power and I shall...
![Revisional Authority shall Avoid the attitude of “I have the Power and I shall exercise”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Revisional-Authority-ITAT-TAXSCAN.jpg "Revisional Authority shall Avoid the attitude of “I have the Power and I shall exercise”: ITAT [Read Order]")
![Beneficial Provision of S. 54B of Income Tax Act shall be Interpreted Liberally: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Act-Income-tax-ITAT-taxscan.jpg "Beneficial Provision of S. 54B of Income Tax Act shall be Interpreted Liberally: ITAT [Read Order]")
Advertisement Expenses Not Allowable without Valid Agreement for Transfer of Dealership: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai, has recently, in an appeal filed before it, held that advertisement expenses are not allowable without a valid agreement for the transfer of the...
![Advertisement Expenses Not Allowable without Valid Agreement for Transfer of Dealership: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Advertisement-Expenses-Deduction-ITAT-taxscan.jpg "Advertisement Expenses Not Allowable without Valid Agreement for Transfer of Dealership: ITAT [Read Order]")