Shabna Rahim
![No Revisional order can be Framed u/s 263 of Income Tax Act by CIT(A) in the Name of a Non-Exsiting Entity: ITAT Quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Revisional-order-Income-Tax-Act-CITA-Non-Exsiting-Entity-ITAT-TAXSCAN.jpg "No Revisional order can be Framed u/s 263 of Income Tax Act by CIT(A) in the Name of a Non-Exsiting Entity: ITAT Quashes Order [Read Order]")
No Revisional order can be Framed u/s 263 of Income Tax Act by CIT(A) in the Name of a Non-Exsiting Entity: ITAT Quashes Order [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT quashed the order passed by the Commissioner of Income Tax (Appeals) framed under...
![ITAT Upholds Deletion of Disallowance made by AO on ground of Incurred Expenditure as Revenue Expenditure of Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Deletion-Disallowance-AO-Incurred-Expenditure-Revenue-Expenditure-Business-TAXSCAN.jpg "ITAT Upholds Deletion of Disallowance made by AO on ground of Incurred Expenditure as Revenue Expenditure of Business [Read Order]")
![Claim of LTCG Not Allowable when Transactions of Transfer of Land does not Falls Within Ambit of Section 45 of Income Tax Act : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Claim-LTCG-Allowable-Transactions-Transfer-Land-Ambit-Income-Tax-Act-TAXSCAN.jpg "Claim of LTCG Not Allowable when Transactions of Transfer of Land does not Falls Within Ambit of Section 45 of Income Tax Act : ITAT [Read Order]")
![Rejection of Appeal by CIT(A) on ground of Delay in Filing Appeal by Assessee : ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Rejection-Appeal-CITA-ground-Delay-Filing-Appeal-Assessee-ITAT-Directs-Re-adjudication-TAXSCAN.jpg "Rejection of Appeal by CIT(A) on ground of Delay in Filing Appeal by Assessee : ITAT Directs Re-adjudication [Read Order]")
Addition made by AO by Treating Loss of Income as Speculation Loss u/s 73 of Income Tax Act : ITAT Directs Re-adjudication [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the addition made by treating the loss of income as the speculation loss under section 73...
![Addition made by AO by Treating Loss of Income as Speculation Loss u/s 73 of Income Tax Act : ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/AO-Treating-Loss-Income-Speculation-Loss-ITAT-Directs-Re-adjudication-TAXSCAN.jpg "Addition made by AO by Treating Loss of Income as Speculation Loss u/s 73 of Income Tax Act : ITAT Directs Re-adjudication [Read Order]")
Compulsory Acquisition of Agricultural Land will not Attract Capital Gains which Chargeable to Tax: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the compulsory acquisition of agricultural land will not attract the capital gains which was chargeable to tax calculation. ...
![Compulsory Acquisition of Agricultural Land will not Attract Capital Gains which Chargeable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Compulsory-Acquisition-of-Agricultural-Land-Capital-Gains-which-Chargeable-to-Tax-ITAT-TAXSCAN.jpg "Compulsory Acquisition of Agricultural Land will not Attract Capital Gains which Chargeable to Tax: ITAT [Read Order]")
Utilisation of Travel Expenses for Business purposes can be treated as Deductible Expenditure: ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the utilisation of traveling expenses which was used for business purposes and not for personal use can be treated as...
![Utilisation of Travel Expenses for Business purposes can be treated as Deductible Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Expense-deductible-expenditure-utilise-travel-travel-expense-business-purposes-personal-use-re-adjudication-ITAT-income-tax-taxscan-2.jpg "Utilisation of Travel Expenses for Business purposes can be treated as Deductible Expenditure: ITAT [Read Order]")
Assessment Order by AO without Proper Examination of Documents is Invalid: ITAT Quashes Order [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) quashed the assessment order passed by the assessing officer without proper examination of documents and declared it as invalid as per...
![Assessment Order by AO without Proper Examination of Documents is Invalid: ITAT Quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessment-Order-by-AO-without-Proper-Examination-of-Documents-is-Invalid-ITAT-Quashes-Order-TAXSCAN.jpg "Assessment Order by AO without Proper Examination of Documents is Invalid: ITAT Quashes Order [Read Order]")
ITAT Upholds Deletion of Penalty imposed u/s 271(1)(c) of Income Tax Act on ground of Genuine Disclose of Payment of Non-compete Fee [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) upheld the deletion of the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 on the ground of the genuine disclose of...
![ITAT Upholds Deletion of Penalty imposed u/s 271(1)(c) of Income Tax Act on ground of Genuine Disclose of Payment of Non-compete Fee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Upholds-Deletion-of-Penalty-imposed-Deletion-of-Penalty-ITAT-Penalty-Income-Tax-Act-Disclose-of-Payment-of-Non-compete-Fee-Payment-of-Non-compete-Fee-Taxscan.jpg "ITAT Upholds Deletion of Penalty imposed u/s 271(1)(c) of Income Tax Act on ground of Genuine Disclose of Payment of Non-compete Fee [Read Order]")
Involvement of Tax Effect Less than Prescribed Monetary Limit by CBDT for Filing Appeal: ITAT Dismisses Appeal of Revenue [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) dismissed the appeal filed by the revenue on the ground of the tax effect involved was less than the prescribed monetary limit by the...
![Involvement of Tax Effect Less than Prescribed Monetary Limit by CBDT for Filing Appeal: ITAT Dismisses Appeal of Revenue [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Involvement-of-Tax-Effect-Prescribed-Monetary-Limit-by-CBDT-CBDT-for-Filing-Appeal-Filing-Appeal-ITAT-Dismisses-Appeal-of-Revenue-Appeal-of-Revenue-taxscan.jpg "Involvement of Tax Effect Less than Prescribed Monetary Limit by CBDT for Filing Appeal: ITAT Dismisses Appeal of Revenue [Read Order]")
Disallowed TDS Credit cannot be Added Twice to Income of Assessee as it Amounts to Double Addition: ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the disallowed Tax Deducted at Source (TDS) credit cannot be added twice to the income of the assessee as it amounts to...
![Disallowed TDS Credit cannot be Added Twice to Income of Assessee as it Amounts to Double Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/credit-income-Disallowance-assessee-ITAT-TDS-Disallowed-TDS-Credit-income-tax-taxscan-1.jpg "Disallowed TDS Credit cannot be Added Twice to Income of Assessee as it Amounts to Double Addition: ITAT [Read Order]")