Ipsita Das
![Scope of verification under Limited Scrutiny Confined to Genuiness of Capital Gain, not Deduction Towards Remuneration to Partners: ITAT upholds Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Scope-of-verification-Limited-Scrutiny-Genuiness-of-Capital-Gain-Deduction-Towards-Remuneration-to-Partners-ITAT-upholds-Assessment-Order-Deduction-taxscan.jpg "Scope of verification under Limited Scrutiny Confined to Genuiness of Capital Gain, not Deduction Towards Remuneration to Partners: ITAT upholds Assessment Order [Read Order]")
Scope of verification under 'Limited Scrutiny' Confined to Genuiness of Capital Gain, not Deduction Towards Remuneration to Partners: ITAT upholds Assessment Order [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) held that the case of the assessee was selected for Limited scrutiny (CASS) and the scope of...
![Bonafide Mistake in Computing Income Tax is not Furnishing Inaccurate Particulars or Concealment of Income : ITAT Deletes Penalty u/s 271(1)(c) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Bonafide-Mistake-Computing-Income-Tax-Furnishing-Inaccurate-Particulars-Concealment-of-Income-ITAT-Deletes-Penalty-Income-Tax-Act-taxscan.jpg "Bonafide Mistake in Computing Income Tax is not Furnishing Inaccurate Particulars or Concealment of Income : ITAT Deletes Penalty u/s 271(1)(c) of Income Tax Act [Read Order]")
![Partial Acceptance of Expenses claimed Implies Expenses are Related to Business Activities of Assessee : ITAT Deletes Disallowance on Vehicle, Telephone and Salary expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Partial-Acceptance-Partial-Acceptance-of-Expenses-Expenses-Partial-Acceptance-of-Expenses-claimed-Implies-Expenses-Business-Activities-taxscan.jpg "Partial Acceptance of Expenses claimed Implies Expenses are Related to Business Activities of Assessee : ITAT Deletes Disallowance on Vehicle, Telephone and Salary expenses [Read Order]")
![Reopening of Assessment without Valid Jurisdiction: ITAT Dismisses Revenue Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Reopening-Assessment-Valid-Jurisdiction-ITAT-Revenue-Appeal-TAXSCAN.jpg "Reopening of Assessment without Valid Jurisdiction: ITAT Dismisses Revenue Appeal [Read Order]")
Denial to Claim of Deduction on HRA u/s 10(13A) of Income Tax Act by considering Entire Salary Instead of Basic & DA: ITAT Remits matter to AO for Reconsideration [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) held that the Commission of Income Tax (Appeals) [CIT(A)] adopted the entire salary instead of considering the Basic & DA while...
![Denial to Claim of Deduction on HRA u/s 10(13A) of Income Tax Act by considering Entire Salary Instead of Basic & DA: ITAT Remits matter to AO for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Denial-Deduction-HRA-Income-Tax-Act-Entire-Salary-DA-ITAT-Remits-AO-Reconsideration-TAXSCAN.jpg "Denial to Claim of Deduction on HRA u/s 10(13A) of Income Tax Act by considering Entire Salary Instead of Basic & DA: ITAT Remits matter to AO for Reconsideration [Read Order]")
Relief to Jaquar: ITAT Restores Matter to AO for Examination of Quantum and Fulfillment of Stipulated Conditions u/s 80 JJAA of Income Tax Act for Claim of Deduction [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that deduction under Section 80JJAA of the Income Tax Act requires examination of quantum as well as fulfillment of various condition as...
![Relief to Jaquar: ITAT Restores Matter to AO for Examination of Quantum and Fulfillment of Stipulated Conditions u/s 80 JJAA of Income Tax Act for Claim of Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-effective-Representation-Authorities-No-effective-Representation-before-lower-Authorities-ITAT-taxscan-1.jpg "Relief to Jaquar: ITAT Restores Matter to AO for Examination of Quantum and Fulfillment of Stipulated Conditions u/s 80 JJAA of Income Tax Act for Claim of Deduction [Read Order]")
Non-Acquaintance with the new Procedure of Sending Notices through E-mail resulted in Denial of Opportunity to Assessee: ITAT sets aside Exparte Order [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) held that substance of assessee’s case is that the non-acquaintance with the new procedure resulted in denial of opportunity to the...
![Non-Acquaintance with the new Procedure of Sending Notices through E-mail resulted in Denial of Opportunity to Assessee: ITAT sets aside Exparte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Non-Acquaintance-new-Procedure-Sending-Notices-E-mail-Denial-of-Opportunity-Assessee-ITAT-Exparte-Order-taxscan.jpg "Non-Acquaintance with the new Procedure of Sending Notices through E-mail resulted in Denial of Opportunity to Assessee: ITAT sets aside Exparte Order [Read Order]")
Amount Received by Rendering Service in Mining of Natural Resources is not Taxable as FTS under India-Portugal DTAA: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the receipts of amounts received by rendering services fall within the exceptions provided under Article 12(5)(f) and 12(5)(g) of...
![Amount Received by Rendering Service in Mining of Natural Resources is not Taxable as FTS under India-Portugal DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Amount-Amount-Received-by-Rendering-Service-Amount-Received-by-Rendering-Service-in-Mining-of-Natural-Resources-Natural-Resources-ITAT-taxscan.jpg "Amount Received by Rendering Service in Mining of Natural Resources is not Taxable as FTS under India-Portugal DTAA: ITAT [Read Order]")
Income Towards Discount and Incentives to be Assessed under Head Income from Business and Profession if Books of Account is Linked to Business: ITAT [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) held that the nature and source of credit found in the books of accounts of the assessee is linked to business, then any income generated out...
![Income Towards Discount and Incentives to be Assessed under Head Income from Business and Profession if Books of Account is Linked to Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Income-Towards-Discount-and-Incentives-Assessed-under-Head-Income-from-Business-and-Profession-if-Books-of-Account-is-Linked-to-Business-ITAT-TAXSCAN.jpg "Income Towards Discount and Incentives to be Assessed under Head Income from Business and Profession if Books of Account is Linked to Business: ITAT [Read Order]")
No 'abnormal jump' in cash sales during Demonitization Period: ITAT Deletes Income Tax Addition u/s 68 of Income Tax Act [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that there is no abnormal jump in cash sales during demonetization period and all these facts clearly proved the genuineness claim made by...
![No abnormal jump in cash sales during Demonitization Period: ITAT Deletes Income Tax Addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-abnorma-l-jump-cash-sales-Demonitization-Period-ITAT-Income-Tax-Income-Tax-Act-TAXSCAN.jpg "No abnormal jump in cash sales during Demonitization Period: ITAT Deletes Income Tax Addition u/s 68 of Income Tax Act [Read Order]")