![Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on Alleged Bogus Purchases [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Disputed-purchases-Labour-Expenses-Alleqed-Boqus-Purchases-taxscan.jpg "Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on Alleged Bogus Purchases [Read Order]")
Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on Alleged Bogus Purchases [Read Order]
In a recent ruling, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the 12.5% addition on alleged bogus purchases due to...
![Procedural delay in filing form 67 cannot override objectives of DTAA: ITAT directs to grant FTC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-Delay-in-Filing-form-67-Foreign-tax-credit-taxscan.jpeg "Procedural delay in filing form 67 cannot override objectives of DTAA: ITAT directs to grant FTC [Read Order]")
![ITAT remands Case Back to AO for Re-Assessment, due to Lack of Proper Procedure in Capital Gains Adjustment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Kolkata-Capital-Gain-Income-Tax-Appellate-Tribunal-ITAT-on-Lack-of-Procedure-in-Capital-Gains-taxscan.jpg "ITAT remands Case Back to AO for Re-Assessment, due to Lack of Proper Procedure in Capital Gains Adjustment [Read Order]")
![Taxable Suppliers Discrepancy in GSTR-3B and Form 26AS u/s 203AA of Income Tax: Madras HC order hearing on 25% Pre-deposit [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Madras-High-Court-GSTR-GST-Return-GSTR-3B-Form-26AS-Section-203AA-of-Income-Tax-Act-taxscan.jpg "Taxable Suppliers Discrepancy in GSTR-3B and Form 26AS u/s 203AA of Income Tax: Madras HC order hearing on 25% Pre-deposit [Read Order]")
![ITAT Sets Aside Ex-Parte Order, Remands Case for Reassessment Due to Non-Compliance and Lack of Proper Opportunity for Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Remands-Case-for-Reassessment-Non-Compliance-and-Lack-of-Proper-Opportunity-Opportunity-for-Hearing-National-Faceless-Appeal-Centre-Assessing-Officer-Income-Tax-Appellate-Tribunal-Taxscan.jpg "ITAT Sets Aside Ex-Parte Order, Remands Case for Reassessment Due to Non-Compliance and Lack of Proper Opportunity for Hearing [Read Order]")
Online Technical Support rendered to Microsoft Abroad is ‘Export of Service’: CESTAT allows Refund of Rs. 16.8 Cr to Microsoft India [Read Order]
In a recent ruling, the Bangalore bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has ruled that the online technical support rendered to M/s. Microsoft Corp., USA and...
![Online Technical Support rendered to Microsoft Abroad is ‘Export of Service’: CESTAT allows Refund of Rs. 16.8 Cr to Microsoft India [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CESTAT-CESTAT-Bangalore-Refund-Online-technical-Support-technical-Support-Microsoft-Abroad-taxscan.jpg "Online Technical Support rendered to Microsoft Abroad is ‘Export of Service’: CESTAT allows Refund of Rs. 16.8 Cr to Microsoft India [Read Order]")
![CIT(A) Rejects Appeal without Merit Discussion: ITAT remits Case for Fresh Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CIT-CIT-Rejects-Merit-Discussion-ITAT-ITAT-Remits-Case-for-Fresh-Hearing-Delhi-Bench-of-Income-Tax-Appellate-Tribunal-Income-Tax-Appellate-Tribunal-Section-143-Section-254-taxpayer-Taxscan.jpg "CIT(A) Rejects Appeal without Merit Discussion: ITAT remits Case for Fresh Hearing [Read Order]")
![Mismatch between GSTR 3B and GSTR 9C: Madras HC grants Final Opportunity for Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/GST-GSTR-3B-and-GSTR-9C-Mismatch-Madras-High-Court-Madras-HC-on-GSTR-3B-and-GSTR-9C-Mismatch-taxscan.jpeg "Mismatch between GSTR 3B and GSTR 9C: Madras HC grants Final Opportunity for Hearing [Read Order]")
Contractor Ineligible for Deduction u/s 80IA(4) for Management of Solid Waste Management Systems: ITAT upholds CIT(A) Order [Read Order]
In a recent ruling, the Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the order passed by the Commissioner of Income Tax ( Appeals ) [CIT(A)], that a contractor engaged in solid...
![Contractor Ineligible for Deduction u/s 80IA(4) for Management of Solid Waste Management Systems: ITAT upholds CIT(A) Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-Chennai-solid-waste-management-TAXSCAN.jpg "Contractor Ineligible for Deduction u/s 80IA(4) for Management of Solid Waste Management Systems: ITAT upholds CIT(A) Order [Read Order]")
Profits from Sale of Jaggery is Taxable, Not considered as Agricultural Income: Madras HC [Read Order]
In a recent ruling, the High Court of Madras held that profits from the sale of jaggery are taxable and that sugarcane and jaggery are different commodities and rejected the agricultural claim made...
![Profits from Sale of Jaggery is Taxable, Not considered as Agricultural Income: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Madras-High-Court-Agricultural-Income-Sale-of-Jaggery-Is-Taxable-Taxscan.jpg "Profits from Sale of Jaggery is Taxable, Not considered as Agricultural Income: Madras HC [Read Order]")
ITAT sets aside additions on Penny Stock gains, directs deletion of Related Expenses due to Lack of Evidence [Read Order]
In a recent ruling, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) set aside the additions made on penny stock gains and related expenses due to lack of evidence on the part of the...
![ITAT sets aside additions on Penny Stock gains, directs deletion of Related Expenses due to Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Mumbai-Penny-Stock-Expenses-Due-to-Lack-of-Evidence-Penny-Stock-gains-taxscan.jpg "ITAT sets aside additions on Penny Stock gains, directs deletion of Related Expenses due to Lack of Evidence [Read Order]")