Killamsetty Rasmita
![National Research & Technologies Consortium cannot Deduct TDS as was not a specified person as defined Under Section 194C of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/National-Research-Technologies-Consortium-Deduct-TDS-specified-person-Income-Tax-Act-ITAT-income-tax-taxscan.jpg "National Research & Technologies Consortium cannot Deduct TDS as was not a specified person as defined Under Section 194C of Income Tax Act: ITAT [Read Order]")
National Research & Technologies Consortium cannot Deduct TDS as was not a "specified person" as defined Under Section 194C of Income Tax Act: ITAT [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) has held that National Research & Technologies Consortium (NRTC) was not...
![Chartered Accountant or Advocate cannot Verify Form 35A, They can Only Declare that Content is True to the best of his information and belief: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Chartered-Accountant-Advocate-Declare-Content-True-best-information-belief-ITAT-TAXSCAN.jpeg "Chartered Accountant or Advocate cannot Verify Form 35A, They can Only Declare that Content is True to the best of his information and belief: ITAT [Read Order]")
![No Denial of Registration of Trusts with Minor Mismatch in Name under section 12AB of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Denial-Registration-Trusts-Minor-Mismatch-Income-Tax-Act-ITAT-TAXSCAN.jpg "No Denial of Registration of Trusts with Minor Mismatch in Name under section 12AB of Income Tax Act: ITAT [Read Order]")
![TDS Not Applicable on Payments Made to HUDA on Behalf of State Government: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/TDS-Applicable-Payments-HUDA-Behalf-State-Government-ITAT-TAXSCAN.jpeg "TDS Not Applicable on Payments Made to HUDA on Behalf of State Government: ITAT [Read Order]")
![Failure to Comply with Procedural Safeguards: ITAT quashes Re-Assessment as Null and Void [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Failure-to-Comply-with-Procedural-Safeguards-Procedural-Safeguards-Safeguards-ITAT-Re-Assessment-Re-Assessment-as-Null-and-Void-taxscan.jpg "Failure to Comply with Procedural Safeguards: ITAT quashes Re-Assessment as Null and Void [Read Order]")
![Assessment Order in Name of Non-existing Entity is Void: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Assessment-Order-Name-of-Non-existing-Entity-is-Void-ITAT-TAXSCAN.jpg "Assessment Order in Name of Non-existing Entity is Void: ITAT [Read Order]")
Non-Response to Notices u/s 142(1): ITAT Imposes Cost of Rs. 10,000 on Foreign Portfolio Investor [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently upheld the imposition of a cost of Rs. 10,000 on a foreign portfolio investor (FPI) for failing to respond to notices issued...
![Non-Response to Notices u/s 142(1): ITAT Imposes Cost of Rs. 10,000 on Foreign Portfolio Investor [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Non-Response-to-Notices-Notices-ITAT-Imposes-Cost-ITAT-Cost-Foreign-Portfolio-Investor-taxscan.jpg "Non-Response to Notices u/s 142(1): ITAT Imposes Cost of Rs. 10,000 on Foreign Portfolio Investor [Read Order]")
Partnership Firm Can Claim Depreciation on Motor Vehicle Even if Registered in Partner's Name: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the name of the partner in which a motor vehicle is registered is not relevant for the purpose of claiming depreciation...
![Partnership Firm Can Claim Depreciation on Motor Vehicle Even if Registered in Partners Name: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Partnership-Partnership-Firm-Partnership-Firm-Can-Claim-Depreciation-on-Motor-Vehicle-ITAT-taxscan.jpg "Partnership Firm Can Claim Depreciation on Motor Vehicle Even if Registered in Partners Name: ITAT [Read Order]")
Expenses incurred in relation to exempt income not deductible under Section 14A of Income Tax Act: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that expenses incurred in relation to exempt income are not deductible under Section 14A of the Income Tax Act, 1961 (the Act)...
![Expenses incurred in relation to exempt income not deductible under Section 14A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Expenses-relation-exempt-income-deductible-Income-Tax-Act-ITAT-TAXSCAN.jpeg "Expenses incurred in relation to exempt income not deductible under Section 14A of Income Tax Act: ITAT [Read Order]")
Penalty Against Agriculturist for Accepting Loan Through Banking Channel u/s 269SS of IT Act, 1961: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that no penalty can be levied against an agriculturist for accepting a loan of more than Rs. 20,000/- in cash if the loan is...
![Penalty Against Agriculturist for Accepting Loan Through Banking Channel u/s 269SS of IT Act, 1961: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penalty-Agriculturist-Accepting-Loan-Banking-Channel-IT-TAXSCAN.jpeg "Penalty Against Agriculturist for Accepting Loan Through Banking Channel u/s 269SS of IT Act, 1961: ITAT [Read Order]")