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![Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Cash-Receipt-of-Less-Different-Persons-on-Different-Dates-would-not-attract-of-Income-Tax-Act-ITAT-deletes-Penalty-TAXSCAN.jpg "Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order]")
Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has deleted a penalty under section 271DA of the Income Tax Act, 1961 by holding that...
![Delhi HC sets aside Order passed u/s 148A(d) when AO voluntarily accepts the Mistakes in SCN issued [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Delhi-HC-sets-aside-Order-passed-AO-voluntarily-accepts-the-Mistakes-in-SCN-issued-TAXSCAN.jpg "Delhi HC sets aside Order passed u/s 148A(d) when AO voluntarily accepts the Mistakes in SCN issued [Read Order]")
![Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Advertising-Marketing-Promotion-expenditures-Revenue-Expenditures-Revenue-Delhi-High-Court-Taxscan.jpg "Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]")
![Oxygen not a Raw-Material for Manufacture of Steel, not Eligible for Concessional Sales Tax Rate: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Oxygen-Not-a-Raw-Material-for-Manufacture-of-Steel-Not-Eligible-for-Concessional-Sales-Tax-Rate-Supreme-Court-TAXSCAN.jpg "Oxygen not a Raw-Material for Manufacture of Steel, not Eligible for Concessional Sales Tax Rate: Supreme Court [Read Order]")
Rough Notings by Assessee to Prove Payment of LIC Premium Sufficient to Prove Genuineness of Cash Deposit: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur bench has deleted an addition treating LIC premium as unexplained cash deposit by accepting the rough notings by the assessee as actual transactions. ...
![Rough Notings by Assessee to Prove Payment of LIC Premium Sufficient to Prove Genuineness of Cash Deposit: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-assessee-actual-transactions-LIC-Premium-taxscan.jpeg "Rough Notings by Assessee to Prove Payment of LIC Premium Sufficient to Prove Genuineness of Cash Deposit: ITAT deletes Addition [Read Order]")
![Unauthorised Modification in Shipping Bill: CESTAT upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Shipping-Bill-CESTAT-Penalty-CESTAT-upholds-Penalty-Modification-in-Shipping-Bill-taxscan.jpg "Unauthorised Modification in Shipping Bill: CESTAT upholds Penalty [Read Order]")
![Income Tax Deduction u/s 43B not applicable to Mine Closure Fund: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Deduction-applicable-to-Mine-Closure-Fund-ITAT-TAXSCAN.jpg "Income Tax Deduction u/s 43B not applicable to Mine Closure Fund: ITAT [Read Order]")