![ITAT deletes Addition as Registrar had charged Stamp Duty as per prevailing Market Value for Property [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-registrar-stamp-duty-market-value-for-the-property-taxscan.jpg "ITAT deletes Addition as Registrar had charged Stamp Duty as per prevailing Market Value for Property [Read Order]")
ITAT deletes Addition as Registrar had charged Stamp Duty as per prevailing Market Value for Property [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench deleted the addition on the ground that the registrar had charged stamp duty as per prevailing...
![MCA notifies Changes in e-Form INC-35 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/06/MCA-e-Form-INC-35-Taxscan.jpeg "MCA notifies Changes in e-Form INC-35 [Read Notification]")
![Reassessment not sustainable when Reasons for Initiation of Proceedings Ceased to Survive: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Reassessment-proceedings-ceased-to-survive-ITAT-Taxscan.jpg "Reassessment not sustainable when Reasons for Initiation of Proceedings Ceased to Survive: ITAT [Read Order]")
![ITAT deletes Addition made on Pretext of Undisclosed Investments as No Independent Inquiry undertaken [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-Undisclosed-Investments-independent-inquiry-Taxscan.jpg "ITAT deletes Addition made on Pretext of Undisclosed Investments as No Independent Inquiry undertaken [Read Order]")
PCIT not justified in invoking Revisionary Jurisdiction merely on basis of different opinion: ITAT grants Relief to Grasim Industries
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench while granting the Relief to Grasim Industries ruled that the PCIT not justified in invoking revisionary jurisdiction merely on the basis of...
Section 80P Deduction allowable to Co-Operative Credit Society as it is not a Co-Operative Bank: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that the deduction under Section 80P of the Income Tax Act, 1961 is allowable to co-operative credit societies as it is not a co-operative...
![Section 80P Deduction allowable to Co-Operative Credit Society as it is not a Co-Operative Bank: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Section-80P-deduction-co-operative-credit-society-co-operative-bank-ITAT-taxscan.jpg "Section 80P Deduction allowable to Co-Operative Credit Society as it is not a Co-Operative Bank: ITAT [Read Order]")
TPA made at entity level should be restricted to international transactions only: ITAT grants Partial Relief to Tasty Bite Eatables [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench ruled that the Transfer Pricing Adjustment (TPA) made at entity level should be restricted to international transactions only. The assessee,...
![TPA made at entity level should be restricted to international transactions only: ITAT grants Partial Relief to Tasty Bite Eatables [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/TPA-ITAT-Tasty-Bite-Eatables-Taxscan.jpg "TPA made at entity level should be restricted to international transactions only: ITAT grants Partial Relief to Tasty Bite Eatables [Read Order]")
Public Prosecutor not to be heard before grant of Bail, If Court has reason to believe person was not Guilty under PMLA: Punjab & Haryana HC [Read Order]
The Punjab & Haryana High Court ruled that the Public Prosecutor should not be heard before granting of bail, if the court has reason to believe the person was not guilty under the...
Use of Bunglow owned by Director’s Wife for Housing Company’s Staff and Guests purely ‘Business in Nature’: ITAT deletes Disallowances [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench deleted the disallowance and ruled that no disallowance to be made on Interest of Security Deposit as Bungalow on Lease used for housing...
![Use of Bunglow owned by Director’s Wife for Housing Company’s Staff and Guests purely ‘Business in Nature’: ITAT deletes Disallowances [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Bunglow-Business-in-Nature-ITAT-Disallowances-Taxscan.jpg "Use of Bunglow owned by Director’s Wife for Housing Company’s Staff and Guests purely ‘Business in Nature’: ITAT deletes Disallowances [Read Order]")