Saagarika Gopinath
Final year BBA LLB( Hons) law student at Government Law College
![Notional Rental value of unsold flat not Taxable under House Property Head: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Notional-Rental-value-unsold-flat-Taxable-under-House-Property-Head-ITAT-TAXSCAN.webp "Notional Rental value of unsold flat not Taxable under House Property Head: ITAT [Read Order]")
Notional Rental value of unsold flat not Taxable under House Property Head: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the notional rental value of unsold flat cannot be taxable under house...
![Delhi HC Upholds ITAT Order Allowing Deduction of Goodwill License Fee u/s 37 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-ITAT-ITAT-Order-Goodwill-License-Taxscan.jpg "Delhi HC Upholds ITAT Order Allowing Deduction of Goodwill License Fee u/s 37 [Read Order]")
![“Personal Effects” u/s 2(vi) of Baggage Rules cannot exclude Personal Jewelry or Ornaments: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-Jewelry-Ornaments-Taxscan.jpg "“Personal Effects” u/s 2(vi) of Baggage Rules cannot exclude Personal Jewelry or Ornaments: Delhi HC [Read Order]")
![ITAT finds Unsecured Loans from Related Party on Account of Takeover Genuine as Actual Transaction Happened [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-finds-Unsecured-Loans-Unsecured-Loans-Account-of-Takeover-Actual-Transaction-Transaction-Account-of-Takeover-Genuine-taxscan.jpg "ITAT finds Unsecured Loans from Related Party on Account of Takeover Genuine as Actual Transaction Happened [Read Order]")
![Genuineness of Transaction for increase in Share Capital inconsequential for Business: ITAT upholds Deletion of Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Share-Capital-ITAT-Income-tax-taxscan.jpg "Genuineness of Transaction for increase in Share Capital inconsequential for Business: ITAT upholds Deletion of Addition [Read Order]")
![Unsecured Loan Transaction Duly Substantiated: ITAT upholds Deletion of Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Unsecured-Loan-Transaction-Duly-Substantiated-Transaction-Duly-ITAT-ITAT-upholds-Deletion-ITAT-upholds-Deletion-of-Addition-taxscan.jpg "Unsecured Loan Transaction Duly Substantiated: ITAT upholds Deletion of Addition [Read Order]")
ITAT Orders Fresh Adjudication over Alleged Income Concealment due to Violation of Natural Justice [Read Order]
The Agra bench of the Income Tax Appellate Tribunal (ITAT) has ordered a fresh adjudication in a case involving income concealment allegations due to natural justice violation. The assessee had...
![ITAT Orders Fresh Adjudication over Alleged Income Concealment due to Violation of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-1.jpg "ITAT Orders Fresh Adjudication over Alleged Income Concealment due to Violation of Natural Justice [Read Order]")
Failure to declare beneficial ownership: MCA imposes penalty of Rs. 7 lakhs on Private Company & Directors
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty of Rs. 7.35 lakhs was imposed on a private limited company and its directors...
Non-declaration of beneficial ownership by filing e-form BEN-2: MCA imposes penalty on Private Company & Directors
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty was imposed on a private limited company and its directors due to...
![Kerala HC Quashes Time-Barred Income Tax Penalty u/s 271B [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Kerala-HC-Income-Tax-Penalty-income-tax-Income-tax-news-Kerala-HC-news-High-Court-of-Kerala-High-Court-Section-274-section-44AB-assessment-Taxscan.jpg "Kerala HC Quashes Time-Barred Income Tax Penalty u/s 271B [Read Order]")