Sunayana Dhal
![Delay in filing of Appeal should fall under Reasonable Cause: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Delay-filing-Appeal-Reasonable-Cause-ITAT-TAXSCAN.jpg "Delay in filing of Appeal should fall under Reasonable Cause: ITAT [Read Order]")
Delay in filing of Appeal should fall under Reasonable Cause: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that the delay in filing of the appeal should come under the reasonable cause. ...
![Claim of setoff of Unabsorbed Depreciation carried forward from earlier year against Income from Capital Gains shall be permitted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Depreciation-income-tax-news-Capital-Gains-shall-be-permitted-TAXSCAN.jpg "Claim of setoff of Unabsorbed Depreciation carried forward from earlier year against Income from Capital Gains shall be permitted: ITAT [Read Order]")
![Failure of AO to conduct an Independent Investigation: ITAT deletes Addition u/s 68 made on Presumptions and Conjectures [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Failure-of-AO-ITAT-deletes-Addition-Presumptions-and-Conjectures-Income-Tax-Appellate-Tribunal-Assessing-Officer-taxscan.jpg "Failure of AO to conduct an Independent Investigation: ITAT deletes Addition u/s 68 made on Presumptions and Conjectures [Read Order]")
![Co-operative society receives/earns Interest on deposits with Co-operative bank is eligible for claim of Deduction u/s 80(2)(d): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Co-operative-society-Interest-deposits-Co-operative-bank-claim-of-Deduction-taxscan.jpg "Co-operative society receives/earns Interest on deposits with Co-operative bank is eligible for claim of Deduction u/s 80(2)(d): ITAT [Read Order]")
When Substantial Justice and technical considerations are pitted against each other, Cause of Substantial Justice shall be preferred: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) held that when substantial justice and technical considerations are pitted against each other then the cause of substantial justice...
![When Substantial Justice and technical considerations are pitted against each other, Cause of Substantial Justice shall be preferred: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/When-Substantial-Justice-technical-considerations-pitted-against-each-other-Cause-of-Substantial-Justice-ITAT-TAXSCAN.jpg "When Substantial Justice and technical considerations are pitted against each other, Cause of Substantial Justice shall be preferred: ITAT [Read Order]")
Issuance of summons to join Investigation and give Evidence to Agency can't be presumed to culminate into Arrest of person being Summoned: Delhi HC [Read Order]
The Delhi High Court held that the issuance of summons to join the investigation and give evidence and documents to the agency cannot be presumed to culminate in the arrest of a person being so...
Assessment Order can't be framed without issuing a Notice u/s 143(2) of Income Tax Act: Delhi HC [Read Order]
The Delhi High Court held that the assessment order cannot be framed without issuing a notice under Section 143(2) of the Income Tax Act, 1961. The appellant/revenue, concededly, had not issued a...
![Assessment Order cant be framed without issuing a Notice u/s 143(2) of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Assessment-Order-Delhi-High-Court-tax-news-taxscan.jpg "Assessment Order cant be framed without issuing a Notice u/s 143(2) of Income Tax Act: Delhi HC [Read Order]")
Subsidy received in form of VAT reimbursement from State Governments towards Industrialization shall be termed Capital Receipt: ITAT grants relief to Britannia Industries [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) while granting relief to Britannia Industries held that the subsidy received in the form of Value Added Tax (VAT) reimbursement from the...
![Subsidy received in form of VAT reimbursement from State Governments towards Industrialization shall be termed Capital Receipt: ITAT grants relief to Britannia Industries [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Britannia-Industries-Capital-Receipt-income-tax-Industrialization-taxscan.jpg "Subsidy received in form of VAT reimbursement from State Governments towards Industrialization shall be termed Capital Receipt: ITAT grants relief to Britannia Industries [Read Order]")
Proceeding Initiated u/s 148 for Incriminating material found against a person other than Searched Person is beyond Jurisdiction: ITAT [Read Order
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) held that the proceedings initiated under Section 148 of the Income Tax Act, 1961 for the incriminating material found against a person...
Non-striking of Irrelevant limb amounts to Vagueness and Ambiguity in Notice which tantamount to Non-Application of Mind: ITAT grants relief to Global Cricket [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) granted relief to Global Cricket and held that non-striking of irrelevant limbs amounts to vagueness and ambiguity in the notice which is...
![Non-striking of Irrelevant limb amounts to Vagueness and Ambiguity in Notice which tantamount to Non-Application of Mind: ITAT grants relief to Global Cricket [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Ambiguity-in-Notice-Notice-Ambiguity-tantamount-Non-Application-of-Mind-ITAT-grants-relief-to-Global-Cricket-ITAT-Global-Cricket-Cricket-taxscan.jpg "Non-striking of Irrelevant limb amounts to Vagueness and Ambiguity in Notice which tantamount to Non-Application of Mind: ITAT grants relief to Global Cricket [Read Order]")
Interest Expenditure claimed under head of Income from House property in Original ITR: ITAT allows deduction u/s 24 of Income Tax Act
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) allowed the deduction under Section 24 of the Income Tax Act, 1961 due to interest expenditure claimed under the head of income from house...
