![Deduction allowable on Purchase of Old Gold from Customers against Purchase of New Ornaments: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Other-Income-ITAT-Taxscan.jpg "Deduction allowable on Purchase of Old Gold from Customers against Purchase of New Ornaments: ITAT [Read Order]")
Deduction allowable on Purchase of Old Gold from Customers against Purchase of New Ornaments: ITAT [Read Order]
The Hyderabad bench of Income Tax Appellate Tribunal ( ITAT ) in Dy. Commissioner of Income Tax, Hyderabad v. Kalanikethan Silks Private Limited ruled...
![Assessee cant claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg "Assessee cant claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]")
![GST: NAA’s Third Order dismisses Anti-profiteering Charges against Elevator Manufacturers [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Anti-Profiteering-Authority-Taxscan-1.jpg "GST: NAA’s Third Order dismisses Anti-profiteering Charges against Elevator Manufacturers [Read Order]")
![Interest paid to Off-shore branch of ICICI Bank not subject to TDS if It is Lender of External Commercial Borrowing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan.jpg "Interest paid to Off-shore branch of ICICI Bank not subject to TDS if It is Lender of External Commercial Borrowing: ITAT [Read Order]")
![Bank Deposits need not be Separately Assessed, When Income was Estimated more than What Assessee has Disclosed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Bank-Deposits-Taxscan.jpg "Bank Deposits need not be Separately Assessed, When Income was Estimated more than What Assessee has Disclosed: ITAT [Read Order]")
![CBIC authorizes Customs Officers to adjudge Confiscation / Penalty [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/06/Customs-CBIC-Taxscan.jpg "CBIC authorizes Customs Officers to adjudge Confiscation / Penalty [Read Notification]")
Mutual Fund withdrawals invested in Villa and Bank eligible for S. 54F Deduction: ITAT [Read Order]
The Bengaluru bench of ITAT in ACIT v. Sunil Bandacharya Joshi held that the assessee is entitled to get income tax deduction on the mutual fund withdrawals invested in Villas and Bank under section...
![Mutual Fund withdrawals invested in Villa and Bank eligible for S. 54F Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Deduction-Residential-Property.jpg "Mutual Fund withdrawals invested in Villa and Bank eligible for S. 54F Deduction: ITAT [Read Order]")
Expenditure of Premium of Redemption of Foreign Currency Convertible Bonds is Revenue in Nature: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Strides Shasun Ltd. v. The ACIT held that the expenditure of premium of redemption of foreign currency convertible bonds...
![Expenditure of Premium of Redemption of Foreign Currency Convertible Bonds is Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Foreign-Currency.jpg "Expenditure of Premium of Redemption of Foreign Currency Convertible Bonds is Revenue in Nature: ITAT [Read Order]")
![Relief to Priyanka Chopra: ITAT deletes Income Tax Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Priyanka-Chopra-Taxscan-1.jpg "Relief to Priyanka Chopra: ITAT deletes Income Tax Additions [Read Order]")
Activity of Preparation of Dossier Amount to Manufacture u/s 10B: ITAT allows Deduction [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Strides Shasun Ltd. v. The ACIT held that the activity of preparation of dossier amounts to manufacture under Section 10B...
![Activity of Preparation of Dossier Amount to Manufacture u/s 10B: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Deduction-Taxscan.jpg "Activity of Preparation of Dossier Amount to Manufacture u/s 10B: ITAT allows Deduction [Read Order]")
Indian Valuation Standards of ICAI effective for Valuation Reports issued on or after 1st July, 2018
Recognising the need to have the consistent, uniform and transparent valuation policies and harmonise the diverse practices in use in India, the Council of the Institute of Chartered Accountants of...
