![Transfer of Right to Sue would not constitute Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Development-Agreement-Capital-Gain-Taxscan.jpg "Transfer of Right to Sue would not constitute Capital Gain: ITAT [Read Order]")
Transfer of Right to Sue would not constitute Capital Gain: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai has held that the assessee cannot be assessed for capital gain on the ground of transfer of right to...
Share in Goodwill paid to Legal Heirs of Deceased Partners allowable as Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai has held that the payment made to the legal heirs of deceased partners towards share in goodwill is allowable as a deduction under the Income Tax Act,...
![Share in Goodwill paid to Legal Heirs of Deceased Partners allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Equity-Share-Taxscan.jpg "Share in Goodwill paid to Legal Heirs of Deceased Partners allowable as Deduction: ITAT [Read Order]")
Remuneration Paid to Partners can’t be disallowed for want of Registration of Firm: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that Remuneration paid to the partners cannot be disallowed for want of Registration of Firm. The assessee, M/s. Tulip Valves...
![Remuneration Paid to Partners can’t be disallowed for want of Registration of Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/CA-Firm-Remuneration-Taxscan.jpg "Remuneration Paid to Partners can’t be disallowed for want of Registration of Firm: ITAT [Read Order]")
![Late Fee not leviable on TDS Statements filed before 1st June 2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/TDS-Statement.jpg "Late Fee not leviable on TDS Statements filed before 1st June 2015: ITAT [Read Order]")
Demise of Chartered Accountant not a reasonable cause for not Auditing Books of Accounts: ITAT [Read Order]
The demise of the Chartered Accountant of the assessee cannot be a ‘reasonable cause’ for not auditing books of accounts under the Income Tax Act, 1961, said the Cochin bench of the Income Tax...
![Demise of Chartered Accountant not a reasonable cause for not Auditing Books of Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/05/CA-Chartered-Accountant-Taxscan.jpg "Demise of Chartered Accountant not a reasonable cause for not Auditing Books of Accounts: ITAT [Read Order]")
![Closing Allowance to Employees can’t be Disallowed If Quantifiable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Disallowance-Taxscan.jpg "Closing Allowance to Employees can’t be Disallowed If Quantifiable: ITAT [Read Order]")
Facility of Blocking and Unblocking of E-Way Bill will come into force on 21st November 2019: CBIC [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has again extended the implementation of Facility of Blocking and Unblocking of E-Way Bill to Novenmber 21st 2019. The date of applicability...
![Facility of Blocking and Unblocking of E-Way Bill will come into force on 21st November 2019: CBIC [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/01/E-Way-Bill-Taxscan.jpg "Facility of Blocking and Unblocking of E-Way Bill will come into force on 21st November 2019: CBIC [Read Notification]")