Taxscan Team
![No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/exemption-Income-from-agricultural-land-capital-ITAT-TAXSCAN.jpg "No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]")
No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that exemption on Income from the sale of non-agricultural land is not...
![Relief to Sir Ratan Tata Trust: No Conditions can be Imposed by PCIT Under Clause 1, Section 80G (V), for Granting Registration to Trusts, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Ratan-Tata-Trust-PCIT-Registration-Trusts-ITAT-taxscan.jpg "Relief to Sir Ratan Tata Trust: No Conditions can be Imposed by PCIT Under Clause 1, Section 80G (V), for Granting Registration to Trusts, rules ITAT [Read Order]")
![Relief to Novartis India: ITAT allows Tax Neutral Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Novartis-India-ITAT-Tax-Disallowance-taxscan.jpg "Relief to Novartis India: ITAT allows Tax Neutral Disallowance [Read Order]")
Disallowance u/s 143(1) cannot be in mechanical manner: ITAT directs to verify on deduction of TDS [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT), held that disallowance under Section 143(1) of the Income Tax Act, 1961 cannot be in mechanical manner and directed to verify whether...
![Disallowance u/s 143(1) cannot be in mechanical manner: ITAT directs to verify on deduction of TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Disallowance-ITAT-deduction-TDS-taxscan.jpg "Disallowance u/s 143(1) cannot be in mechanical manner: ITAT directs to verify on deduction of TDS [Read Order]")
![Issuance of Notice u/S 143(2) Should be Within Statutorily Prescribed Time Limit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Notice-Time-Limit-ITAT-taxscan.jpg "Issuance of Notice u/S 143(2) Should be Within Statutorily Prescribed Time Limit: ITAT [Read Order]")
Relief to Lenovo: CESTAT allows benefit of Exemption from Additional Duties of Customs to Hard Disk drives [Read Order]
While granting relief to Lenovo, the Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) allowed the benefit of exemption from additional duties of customs to hard disk...
![Relief to Lenovo: CESTAT allows benefit of Exemption from Additional Duties of Customs to Hard Disk drives [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Lenovo-CESTAT-benefit-Exemption-Additional-Duties-Customs-Hard-Disk-drives-taxscan.jpg "Relief to Lenovo: CESTAT allows benefit of Exemption from Additional Duties of Customs to Hard Disk drives [Read Order]")
Party cannot be deprived of Statutory Right for fault of public body on which it has no control: Bombay HC directs CESTAT to submit Statement of Case [Read Order]
“A party should not be deprived of a statutory right for no fault of its own, but for the fault of a public body over which it has no control.” The Bombay High Court directed the Customs, Excise...
![Party cannot be deprived of Statutory Right for fault of public body on which it has no control: Bombay HC directs CESTAT to submit Statement of Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Statutory-Right-public-Bombay-HC-CESTAT-TAXSCAN.jpg "Party cannot be deprived of Statutory Right for fault of public body on which it has no control: Bombay HC directs CESTAT to submit Statement of Case [Read Order]")
Charge Sanction Form Certified by Chartered Accountant as 'Professional Duty', No Criminal Liability in Bank Fraud Case: Orissa HC [Read Order]
While quashing the criminal proceedings against a Chartered Accountant in a bank fraud case, the Orissa High Court has held that the certification of charge sanction form 17 with the Registrar of...
![Charge Sanction Form Certified by Chartered Accountant as Professional Duty, No Criminal Liability in Bank Fraud Case: Orissa HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Chartered-Accountant-Professional-Duty-Criminal-Liability-Bank-Fraud-Case-Orissa-HC-taxscan.jpg "Charge Sanction Form Certified by Chartered Accountant as Professional Duty, No Criminal Liability in Bank Fraud Case: Orissa HC [Read Order]")
Airlines Liable to Deduct TDS u/s 194H of Income Tax Act on Supplementary Commission: Supreme Court [Read Judgment]
In a significant ruling having an impact against the airlines, the Supreme Court has held that TDS under section 194H of the Income Tax Act, 1961 is attracted in the case of Supplementary Commission...
![Airlines Liable to Deduct TDS u/s 194H of Income Tax Act on Supplementary Commission: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/11/Airlines-TDS-Income-Tax-Act-Supplementary-Commission-Supreme-Court-TAXSCAN.jpg "Airlines Liable to Deduct TDS u/s 194H of Income Tax Act on Supplementary Commission: Supreme Court [Read Judgment]")