Sunayana Dhal
![Failure of AO to Consider Documents with Respect to Tax Deduction on FTS under India UK DTAA: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Failure-AO-Documents-Failure-of-AO-to-Consider-Documents-with-Respect-to-Tax-Deduction-Tax-Deduction-FTS-India-UK-DTAA-DTAA-taxscan.jpg "Failure of AO to Consider Documents with Respect to Tax Deduction on FTS under India UK DTAA: ITAT directs Readjudication [Read Order]")
Failure of AO to Consider Documents with Respect to Tax Deduction on FTS under India UK DTAA: ITAT directs Readjudication [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) directed readjudication on the issue that the Assessing Officer failed to consider the...
![Tax Calculation Error in Form No 5 issued by PCIT cannot be Rectified by AO invoking Provision of Section 154 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Tax-Calculation-PCIT-AO-invoking-Provision-Income-Tax-Act-ITAT-TAXSCAN.jpeg "Tax Calculation Error in Form No 5 issued by PCIT cannot be Rectified by AO invoking Provision of Section 154 of Income Tax Act: ITAT [Read Order]")
![Depreciation on Solar Power Plant shall be allowed if Electricity is Generated for captive use of Factory: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Depreciation-Solar-Power-Plant-Depreciation-on-Solar-Power-Depreciation-on-Solar-Power-Plant-shall-be-allowed-if-Electricity-is-Generated-for-captive-use-of-Factory-ITAT-taxscan.jpg "Depreciation on Solar Power Plant shall be allowed if Electricity is Generated for captive use of Factory: ITAT [Read Order]")
![Imposition of Penalty u/s 271(1) of Income Tax Act cant be made without Proper Record of Satisfaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Imposition-Penalty-Imposition-of-Penalty-Income-Tax-Act-ITAT.jpg "Imposition of Penalty u/s 271(1) of Income Tax Act cant be made without Proper Record of Satisfaction: ITAT [Read Order]")
![No initiation of disallowances is required under Rule 8D(2)(i) if Direct Expenses not debited to P/L Account of Business: ITAT sets aside Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-initiation-disallowances-No-initiation-of-disallowances-Direct-Expenses-Account-of-Business-Business-ITAT-taxscan.jpg "No initiation of disallowances is required under Rule 8D(2)(i) if Direct Expenses not debited to P/L Account of Business: ITAT sets aside Order of CIT(A) [Read Order]")
Partnership Firm not entitled to Tax Deduction on LTCG u/s 48(i) of Income Tax Act for Mortgaging Property as Collateral Security: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that a partnership firm is not entitled to the tax deduction on Long-term capital gain (LTCG) under Section 48(i) of the Income Tax...
![Partnership Firm not entitled to Tax Deduction on LTCG u/s 48(i) of Income Tax Act for Mortgaging Property as Collateral Security: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Partnership-Firm-not-entitled-to-Tax-Deduction-on-LTCG-Income-Tax-Act-Tax-Deduction-on-LTCG-Mortgaging-Property-Collateral-Security-ITAT-Tax-Deduction-Partnership-Firm-taxscan.jpg "Partnership Firm not entitled to Tax Deduction on LTCG u/s 48(i) of Income Tax Act for Mortgaging Property as Collateral Security: ITAT [Read Order]")
DCB Reports are relevant Evidence in respect of Non-existence of demand on Proper Payment of CST and VAT: ITAT allows to file ITR [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) held that the Demand Collection Balance (DCB) reports are relevant evidence in respect of the non-existence of demand on proper payment...
![DCB Reports are relevant Evidence in respect of Non-existence of demand on Proper Payment of CST and VAT: ITAT allows to file ITR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/DCB-Reports-Evidence-Non-existence-of-demand-on-Proper-Payment-of-CST-VAT-CST-Proper-Payment-ITAT-allows-to-file-ITR-taxscan.jpg "DCB Reports are relevant Evidence in respect of Non-existence of demand on Proper Payment of CST and VAT: ITAT allows to file ITR [Read Order]")
Income shall be determined on Net Profit even though Society is not Registered u/s 12A of Income Tax Act: ITAT allows Deduction of Expenditure [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) allowed deduction of expenditure and held that the income shall be determined on net profit even though the society is not registered...
![Income shall be determined on Net Profit even though Society is not Registered u/s 12A of Income Tax Act: ITAT allows Deduction of Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-shall-be-determined-on-Net-Profit-even-Society-Registered-Income-Tax-Act-ITAT-allows-Deduction-of-Expenditure-TAXSCAN.jpg "Income shall be determined on Net Profit even though Society is not Registered u/s 12A of Income Tax Act: ITAT allows Deduction of Expenditure [Read Order]")
Penalty Proceedings for Concealment of Income not sustainable when Notice issued by AO is Vague and Ambiguous: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the penalty proceedings for concealment of income are not sustainable when the notice issued by the Assessing Officer is vague...
![Penalty Proceedings for Concealment of Income not sustainable when Notice issued by AO is Vague and Ambiguous: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penalty-Proceedings-for-Concealment-of-Income-sustainable-when-Notice-Ambiguous-ITAT-TAXSCAN.jpg "Penalty Proceedings for Concealment of Income not sustainable when Notice issued by AO is Vague and Ambiguous: ITAT [Read Order]")
Appeal failed in absence of Name of Assesee in Form 26AS: ITAT allows to Make Necessary Corrections [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) allowed necessary corrections when the appeal failed in the absence of the name of the assessee in Form 26AS. The representative on...
![Appeal failed in absence of Name of Assesee in Form 26AS: ITAT allows to Make Necessary Corrections [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Appeal-Name-Assesee-Form-26AS-ITAT-Necessary-Corrections-TAXSCAN.jpg "Appeal failed in absence of Name of Assesee in Form 26AS: ITAT allows to Make Necessary Corrections [Read Order]")
![Setback to EY: No TDS on Reimbursement of Salary on Cost to Cost basis, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Setback-TDS-Reimbursement-Salary-Cost-Cost-ITAT-Taxscan-1.jpg "Setback to EY: No TDS on Reimbursement of Salary on Cost to Cost basis, rules ITAT [Read Order]")
Provision of Section 69A of IT Act cannot be applied to Cash Deposits duly recorded in Books of Account: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the provisions of Section 69A of the Income Tax Act cannot be applied to the cash deposits which have been duly recorded in the...
![Provision of Section 69A of IT Act cannot be applied to Cash Deposits duly recorded in Books of Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/IT-Act-Cash-Deposits-duly-recorded-in-Books-of-Account-ITAT-Books-of-Account-Cash-Deposits-taxscan.jpg "Provision of Section 69A of IT Act cannot be applied to Cash Deposits duly recorded in Books of Account: ITAT [Read Order]")