Varda Marakkar
How is Crowdfunding Income Taxed in India?
Q1. What is crowdfunding? Crowdfunding is a method of raising funds from a large number of individuals, typically through online platforms. It is...
![Income Tax Non-Compliance due to Issues with Online Portal: ITAT Orders Fresh Consideration in Interest of Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Income-Tax-Income-Tax-Non-Compliance-ITAT-Orders-Income-Tax-Non-Compliance-due-to-Issues-with-Online-Portal-Income-Tax-Appellate-Tribunal-non-compliance-with-tax-regulations-reassessment-T.jpg "Income Tax Non-Compliance due to Issues with Online Portal: ITAT Orders Fresh Consideration in Interest of Justice [Read Order]")
![Assessment Reopened w/o Mandatory Application of Mind: ITAT Quashes Income Tax Reassessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Income-Tax-Reassessment-TAXSCAN.jpg "Assessment Reopened w/o Mandatory Application of Mind: ITAT Quashes Income Tax Reassessment Order [Read Order]")
![Unexplained Cash Deposits: ITAT Directs CIT(A) to Pass Reasoned Order Based on Evidence Submitted by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Unexplained-Cash-Deposits-ITAT-Directs-Based-on-Evidence-Evidence-Submitted-by-Assessee-Cash-Deposits-taxscan.jpg "Unexplained Cash Deposits: ITAT Directs CIT(A) to Pass Reasoned Order Based on Evidence Submitted by Assessee [Read Order]")
Lack of Incriminating Evidence: ITAT deletes S.68 Income Tax Addition of ₹13.60 lakhs [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, recently ruled in favor of an assessee by deleting an addition of ₹13.60 lakhs under section 68 of Income Tax Act 1961 (ITA) noting that the...
![Lack of Incriminating Evidence: ITAT deletes S.68 Income Tax Addition of ₹13.60 lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Lack-of-Incriminating-Evidence-Incriminating-Evidence-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-under-section-68-of-Income-Tax-Act-Commissioner-of-Income-Tax-Civil-Contractors-Pvt-TAXSC.jpg "Lack of Incriminating Evidence: ITAT deletes S.68 Income Tax Addition of ₹13.60 lakhs [Read Order]")
CIT(A) Deleted Income Tax Additions w/o Considering AO's Observations: ITAT Remands Matter Back for Reconsideration [Read Order]
In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) remanded a case back to the Commissioner of Income Tax (Appeals) [CIT(A)] for reconsideration noting that the CIT(A)...
![CIT(A) Deleted Income Tax Additions w/o Considering AOs Observations: ITAT Remands Matter Back for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/itat.jpg "CIT(A) Deleted Income Tax Additions w/o Considering AOs Observations: ITAT Remands Matter Back for Reconsideration [Read Order]")
Assessee Not Given an Opportunity to Properly Canvas Appeal: ITAT Quashes Ex Parte Order [Read Order]
In a recent judgment, the Income Tax Appellate Tribunal ( ITAT ), a Delhi Bench, quashed an ex parte order passed by Commissioner of Income Tax (Appeals) of the National Faceless Appeal Centre ( NFAC...
![Assessee Not Given an Opportunity to Properly Canvas Appeal: ITAT Quashes Ex Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Ex-Parte-Order-ITAT-Quashes-Ex-Parte-Order-Income-Tax-Appellate-Tribunal-taxscan.jpg "Assessee Not Given an Opportunity to Properly Canvas Appeal: ITAT Quashes Ex Parte Order [Read Order]")
![18% GST Applicable on Car Rental Services: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/GST-on-car-rental-services-car-rental-services-tax-in-india-car-rental-GST-Car-rent-tax-in-india-taxscan.jpg "18% GST Applicable on Car Rental Services: AAR [Read Order]")
Automobile Dealership Entitled to Avail GST ITC on Inward Supply of Demo Vehicles when Depreciation not Claimed: AAR [Read Order]
In a ruling issued by the Kerala Authority for Advance Ruling (AAR) under the Goods and Services Tax (GST) framework, an automobile dealership with its registered office in Ernakulam, Kerala, was...
![Automobile Dealership Entitled to Avail GST ITC on Inward Supply of Demo Vehicles when Depreciation not Claimed: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Automobile-Dealership-Avail-GST-ITC-Inward-Supply-Demo-Vehicles-Depreciation-Claimed-AAR-taxscan.jpg "Automobile Dealership Entitled to Avail GST ITC on Inward Supply of Demo Vehicles when Depreciation not Claimed: AAR [Read Order]")
Halwa Purchased from Supplier, Packed and Marketed under a Brand Name is not Classifiable as "Namkeens": AARÂ [Read Order]
In a recent ruling by the Kerala Authority for Advance Ruling (AAR), halwa purchased from a supplier, packed at the applicant's facility, and marketed under a brand name was held not classifiable as...
