Saagarika Gopinath
Final year BBA LLB( Hons) law student at Government Law College
![Incomplete Construction of New House Property: ITAT upholds Exemption u/s 54 towards Amount Utilized [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Bangalore-Income-Tax-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "Incomplete Construction of New House Property: ITAT upholds Exemption u/s 54 towards Amount Utilized [Read Order]")
Incomplete Construction of New House Property: ITAT upholds Exemption u/s 54 towards Amount Utilized [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) held that exemption under Section 54 of the Income Tax Act,1961 can be allowed...
![Tour Planning and Accommodation Services Rendered by Operators Subject to Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Delhi-Customs-CESTAT-ruling-on-tour-operator-tax-TAXSCAN.jpg "Tour Planning and Accommodation Services Rendered by Operators Subject to Service Tax: CESTAT [Read Order]")
![No Service Tax to be levied on incentives received by CRS companies: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/No-Service-Tax-levied-incentives-CRS-companies-CESTAT-taxscan.jpg "No Service Tax to be levied on incentives received by CRS companies: CESTAT [Read Order]")
![Mere Discrepancy in Trial Balance as compared to ST3 Returns without Corroborative Evidence Insufficient for Service Tax Demand: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Delhi-Service-Tax-Demand-Service-Tax-Mere-Discrepancy-Trial-Balance-ST3-Returns-Corroborative-Evidence-Insufficient-taxscan.jpeg "Mere Discrepancy in Trial Balance as compared to ST3 Returns without Corroborative Evidence Insufficient for Service Tax Demand: CESTAT [Read Order]")
![Misapplication of Income Tax Section 143(3) Instead of Section 153C by AO: ITAT quashes Entire Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-Income-Tax-Section-1433-of-Income-Tax-Act-Income-Tax-Act-Taxscan.jpg "Misapplication of Income Tax Section 143(3) Instead of Section 153C by AO: ITAT quashes Entire Assessment [Read Order]")
ITAT quashes Disallowance u/s 36(1)(iii) of Income Tax Act on Interest-Free Advances given to Sister Concern of Assessee [Read Order]
In a recent ruling, the Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the disallowance under Section 36(1)(iii) of the Income Tax Act, 1961, on interest-free advances provided...
![ITAT quashes Disallowance u/s 36(1)(iii) of Income Tax Act on Interest-Free Advances given to Sister Concern of Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-Appellate-Tribunal-Interest-free-loan-tax-taxscan.jpg "ITAT quashes Disallowance u/s 36(1)(iii) of Income Tax Act on Interest-Free Advances given to Sister Concern of Assessee [Read Order]")
Unjustified Delay by Customs Dept. in considering Case De Novo: Madras HC directs Expedited Refund of Redemption Fine and Penalty [Read Order]
In a recent ruling, the Madras High Court directed an expedited refund of the redemption fine and penalty due to an unjustified delay on the part of the Additional Commissioner of Customs to consider...
![Unjustified Delay by Customs Dept. in considering Case De Novo: Madras HC directs Expedited Refund of Redemption Fine and Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Madras-HC-Madras-High-Court-Customs-Department-redemption-fine-and-penalty-TAXSCAN.jpeg "Unjustified Delay by Customs Dept. in considering Case De Novo: Madras HC directs Expedited Refund of Redemption Fine and Penalty [Read Order]")
ITAT allows Deduction of Rs. 1.72 crore for Reversal of Obsolete Inventory provision due to Double Taxation Concerns [Read Order]
In a recent ruling, the Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed a deduction of Rs. 1.72 crore claimed by the assessee for the reversal of a provision for obsolete...
![ITAT allows Deduction of Rs. 1.72 crore for Reversal of Obsolete Inventory provision due to Double Taxation Concerns [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Bangalore-Income-Tax-deduction-Taxscan.jpg "ITAT allows Deduction of Rs. 1.72 crore for Reversal of Obsolete Inventory provision due to Double Taxation Concerns [Read Order]")
“No delay in filing appeal before CIT(A)”: ITAT considers COVID-19 Limitation Extension [Read Order]
In a recent ruling, the Cuttak bench of the Incomed Tax Appeallate Tribunal ( ITAT ) ruled in favour of the assessee and held that there was no delay in filing an appeal before the Commissioner of...
![“No delay in filing appeal before CIT(A)”: ITAT considers COVID-19 Limitation Extension [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Cuttak-COVID-19-Limitation-Extension-Taxscan.jpg "“No delay in filing appeal before CIT(A)”: ITAT considers COVID-19 Limitation Extension [Read Order]")
Rs. 44.5 cr Addition made on Incorrect Reporting by Auditor: ITAT directs CIT(A) to condone delay of 484 days [Read Order]
In a recent ruling, the Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) held that the addition of 44.5 crores was made based on incorrect reporting by the auditor and directed the...
![Rs. 44.5 cr Addition made on Incorrect Reporting by Auditor: ITAT directs CIT(A) to condone delay of 484 days [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Incorrect-reporting-by-auditor-Auditor-misreporting-consequences-Tax-appeal-delay-condonation-taxscan.jpg "Rs. 44.5 cr Addition made on Incorrect Reporting by Auditor: ITAT directs CIT(A) to condone delay of 484 days [Read Order]")
PAN Error Linking to Partnership Firm leads to S. 69A Addition: ITAT rules FAA’s Order Cryptic, Directs Fresh Examination [Read Order]
In a recent ruling, the Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that an error in linking a PAN to a partnership firm resulted in an addition under Section 69A to the...
![PAN Error Linking to Partnership Firm leads to S. 69A Addition: ITAT rules FAA’s Order Cryptic, Directs Fresh Examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Bangalore-Income-Tax-Errors-in-pan-linking-FAA-Order-TAXSCAN.jpg "PAN Error Linking to Partnership Firm leads to S. 69A Addition: ITAT rules FAA’s Order Cryptic, Directs Fresh Examination [Read Order]")
GST Demand Order issued Post-Resignation of Directors lie Against Company, Not Against Ex-directors: Patna HC [Read Order]
In a recent ruling, the High Court of Patna held that the demand order issued post resignation of directors lies against the company and not against the ex-directors. In this case, the...
![GST Demand Order issued Post-Resignation of Directors lie Against Company, Not Against Ex-directors: Patna HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Patna-HC-Patna-High-Court-GST-GST-Demand-Order-issued-Post-Resignation-Directors-lie-GST-Demand-Order-High-Court-News-High-Court-Updates-GST-news-taxscan.jpg "GST Demand Order issued Post-Resignation of Directors lie Against Company, Not Against Ex-directors: Patna HC [Read Order]")