Varda Marakkar
![Inaccurate Share Transaction Reporting: ITAT directs Reassessment, upholds PCITs Order u/s 263 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-ITAT-Ahmedabad-PCIT-Order-TAXSCAN.jpeg "Inaccurate Share Transaction Reporting: ITAT directs Reassessment, upholds PCITs Order u/s 263 of Income Tax Act [Read Order]")
Inaccurate Share Transaction Reporting: ITAT directs Reassessment, upholds PCIT's Order u/s 263 of Income Tax Act [Read Order]
Recently, Income Tax Appellate Tribunal ( ITAT ) of Ahmedabad directed for reassessment of an Assessee’s case, noting that there were inaccuracies in...
![Relief to EY: ITAT rules Reimbursement of Secondment Charges not FTS under Article 12 of India-USA DTAA [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/income-Tax-ITAT-ITAT-Rules-India-USA-DTAA-EY-under-ITAT-TAXSCAN.jpg "Relief to EY: ITAT rules Reimbursement of Secondment Charges not FTS under Article 12 of India-USA DTAA [Read Order]")
![Routine Support Services not FTS under India-UK DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-India-UK-DTAA-Double-Taxation-Avoidance-Agreement-DTAA-Fee-for-Technical-Services-taxscan.jpg "Routine Support Services not FTS under India-UK DTAA: ITAT [Read Order]")
![Income Tax Notice Sent to Wrong Address: ITAT sets aside Order u/s 144 of Income Tax Act [ Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Ahmedabad-Income-Tax-Act-Income-Tax-Notice-Wrong-Address-Section-144-ITAT-news-ITAT-Sets-Aside-Order-TAXSCAN.jpg "Income Tax Notice Sent to Wrong Address: ITAT sets aside Order u/s 144 of Income Tax Act [ Read Order]")
![Unacknowledged Adjournment Requests: ITAT remands Matter to CIT(A) For Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Unacknowledged-Adjournment-ITAT-CITA-Fresh-Consideration-Adjournment-Requests-Unacknowledged-Adjournment-Requests-itat-to-CITA-tax-news-itat-news-CITA-news-taxscan.jpg "Unacknowledged Adjournment Requests: ITAT remands Matter to CIT(A) For Fresh Consideration [Read Order]")
Meeting requirements of section 148 of Income Tax Act eliminates need for Separate Notice u/s 143: ITAT [Read Order]
Income Tax Appellate Tribunal ( ITAT ) in a recent case held that meeting statutory requirements of Section 148 of Income Tax Act 1961 ( ITA ) eliminates the need for separate notice under section...
![Meeting requirements of section 148 of Income Tax Act eliminates need for Separate Notice u/s 143: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-Income-Tax-Appellate-Tribunal-ITA-section-148-of-Income-Tax-Act-Income-Tax-Act-ITAT-news-Income-tax-news-taxscan.jpg "Meeting requirements of section 148 of Income Tax Act eliminates need for Separate Notice u/s 143: ITAT [Read Order]")
![Gift From NRI Relative Not Taxable as Income if Genuineness is Proved: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-Income-Tax-Gift-From-NRI-Relative-NRI-relative-gift-tax-gift-tax-exemption-Indian-gift-tax-taxscan.jpg "Gift From NRI Relative Not Taxable as Income if Genuineness is Proved: ITAT [Read Order]")
Interest Income from Fixed Deposits Can be Set Off against Property Maintenance Expenses: ITAT [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) recently held in a case that interest income from fixed deposits can be set off against property maintenance expenses. The assessee/...
![Interest Income from Fixed Deposits Can be Set Off against Property Maintenance Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Tax-Saver-Fixed-Deposit-Tax-Saver-Fixed-Deposit-Tax-Tax-Saving-Saving-Top-10-Tax-Saving-FDs-in-India-Taxscan.jpg "Interest Income from Fixed Deposits Can be Set Off against Property Maintenance Expenses: ITAT [Read Order]")
Non-Appearance due to Income Tax Notice issued to Ex-Employee: ITAT sets aside Ex Parte Order [Read Order]
In a recent case, the Ahmedabad bench of Income Tax Appellate Tribunal ( ITAT ) set aside an ex parte order observing that the assessee did not receive hearing notices sent by the Revenue, as they...
![Non-Appearance due to Income Tax Notice issued to Ex-Employee: ITAT sets aside Ex Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Notice-ITAT-Ex-Parte-Order-TAXSCAN.webp "Non-Appearance due to Income Tax Notice issued to Ex-Employee: ITAT sets aside Ex Parte Order [Read Order]")
Hardship allowances Received From Housing Developers to Compensate Dispossession are Non Taxable: ITAT [Read Order]
Recently in a case, the Income Tax Appellate Tribunal (ITAT) of Mumbai held that hardship and rehabilitation allowances received from housing developers as compensation for the hardship endured due...
![Hardship allowances Received From Housing Developers to Compensate Dispossession are Non Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-Income-Tax-Appellate-Tribunal-Hardship-Allowances-Non-Taxable-Compensate-Dispossession-ITAT-News-taxscan.jpg "Hardship allowances Received From Housing Developers to Compensate Dispossession are Non Taxable: ITAT [Read Order]")
Consolidated Penalty u/s 271D and 271E of Income Tax Act not leviable without Specifying Individual Cash Transactions: ITAT [Read Order]
In a recent case, the Cochin Bench of Income Tax Appellate Tribunal (ITAT) held that the consolidated penalty under section 271D and 271E of Income Tax Act (ITA) cannot be levied without specifying...
![Consolidated Penalty u/s 271D and 271E of Income Tax Act not leviable without Specifying Individual Cash Transactions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Cochin-ITAT-Income-Tax-individual-cash-transactions-Cash-Transactions-Penalty-Consolidated-Penalty-taxscan.webp "Consolidated Penalty u/s 271D and 271E of Income Tax Act not leviable without Specifying Individual Cash Transactions: ITAT [Read Order]")
