![Co-Accused Statements u/s 50 of PMLA Not Substantive Evidence, To Be Tested During Trial Not Bail Stage: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Co-Accused-Statements-us-50-of-PMLA-Substantive-Evidence-Bail-Calcutta-HC-TAXSCAN.jpg "Co-Accused Statements u/s 50 of PMLA Not Substantive Evidence, To Be Tested During Trial Not Bail Stage: Calcutta HC [Read Order]")
Co-Accused Statements u/s 50 of PMLA Not Substantive Evidence, To Be Tested During Trial Not Bail Stage: Calcutta HC [Read Order]
In a recent ruling, the Calcutta High Court held that statements made by co-accused under Section 50 of the Prevention of Money Laundering Act (PMLA)...
![ITAT Overturns Exemption Denial: Assessees Delayed Filing Deemed Timely Due to Extended Deadline [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Overturns-Exemption-Denial-Assessees-Delayed-Due-to-Extended-Deadline-Overturns-Exemption-Denial-Income-Tax-sections-12-sections-11-taxscan.jpg "ITAT Overturns Exemption Denial: Assessees Delayed Filing Deemed Timely Due to Extended Deadline [Read Order]")
![Disputed Set off of Rs.41L in Income Tax Assessment: ITAT Remits case for consideration of Furnished Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-Income-Tax-Income-Tax-Assessment-taxscan.jpg "Disputed Set off of Rs.41L in Income Tax Assessment: ITAT Remits case for consideration of Furnished Documents [Read Order]")
![Non-Issuance of Income Tax Notice u/s 143(2) cannot be Cured u/s 292BB: Delhi HC dismisses Revenues appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-High-Court-Income-Tax-Income-Tax-Notice-Section-1432-of-Income-Tax-Act-taxscan.jpeg "Non-Issuance of Income Tax Notice u/s 143(2) cannot be Cured u/s 292BB: Delhi HC dismisses Revenues appeal [Read Order]")
ITAT upholds Rejection of Tax Exemption, Citing Non-Compliance with Charitable Purpose Criteria [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the rejection of Tax exemption by Commissioner of Income Tax (Exemption),citing non-compliance with charitable trust criteria as the...
![ITAT upholds Rejection of Tax Exemption, Citing Non-Compliance with Charitable Purpose Criteria [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Chennai-Tax-Exemption-Citing-Non-Compliance-with-Charitable-Purpose-Non-Compliance-taxscan.jpg "ITAT upholds Rejection of Tax Exemption, Citing Non-Compliance with Charitable Purpose Criteria [Read Order]")
ITAT Remands Back Appeal to CIT(A) u/s 249(3), Citing Delay in Filing Appeal Not a Valid Ground for Dismissal [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that the CIT(A) cannot dismiss an income tax appeal on limitation grounds after condoning the delay. Rambadal Dhunmum Yadav, the...
![ITAT Remands Back Appeal to CIT(A) u/s 249(3), Citing Delay in Filing Appeal Not a Valid Ground for Dismissal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-TAXSCAN-1.jpg "ITAT Remands Back Appeal to CIT(A) u/s 249(3), Citing Delay in Filing Appeal Not a Valid Ground for Dismissal [Read Order]")
Inox India's Lease Rental Income from unsold Manufactured Goods Treated as Business Income, not Income from other Sources: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that Inox India's lease rental income derived from leasing out unsold vacuum-insulated tanks manufactured by the company...
![Inox Indias Lease Rental Income from unsold Manufactured Goods Treated as Business Income, not Income from other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Inox-India-lease-rental-income-tax-case-taxscan.jpg "Inox Indias Lease Rental Income from unsold Manufactured Goods Treated as Business Income, not Income from other Sources: ITAT [Read Order]")
Deduction u/s 80HHC is not allowable if S. 80IA deductions are already claimed: ITAT on Inox India Matter [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that deductions under Section 80HHC of the Income Tax Act, 1961 cannot be claimed for the same income if deductions under...
![Deduction u/s 80HHC is not allowable if S. 80IA deductions are already claimed: ITAT on Inox India Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-ITAT-Ahmedabad-Section-80HHC-of-Income-Tax-Act-Inox-India-ITAT-tax-case-update-taxscan.jpg "Deduction u/s 80HHC is not allowable if S. 80IA deductions are already claimed: ITAT on Inox India Matter [Read Order]")
Income Tax Non-Compliance due to Issues with Online Portal: ITAT Orders Fresh Consideration in Interest of Justice [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Ahmedabad, has ordered fresh consideration in a case where non-compliance with tax regulations was attributed to technical...
![Income Tax Non-Compliance due to Issues with Online Portal: ITAT Orders Fresh Consideration in Interest of Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Income-Tax-Income-Tax-Non-Compliance-ITAT-Orders-Income-Tax-Non-Compliance-due-to-Issues-with-Online-Portal-Income-Tax-Appellate-Tribunal-non-compliance-with-tax-regulations-reassessment-T.jpg "Income Tax Non-Compliance due to Issues with Online Portal: ITAT Orders Fresh Consideration in Interest of Justice [Read Order]")
ITAT Sets Aside Ex-Parte Order u/s 143(3) of Income Tax Act, Grants Assessee Another Chance Due to Non-Receipt of Hearing Notices [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) set aside an ex-parte order passed by the Commissioner of Income Tax(Appeals) regarding an assessment order under section 143(3) of...
![ITAT Sets Aside Ex-Parte Order u/s 143(3) of Income Tax Act, Grants Assessee Another Chance Due to Non-Receipt of Hearing Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Income-Tax-Act-TAXSCAN-1.jpeg "ITAT Sets Aside Ex-Parte Order u/s 143(3) of Income Tax Act, Grants Assessee Another Chance Due to Non-Receipt of Hearing Notices [Read Order]")
Delay in Assessment over DRP Order in Time–Barred Income Tax matter is Null and Void: ITAT Grants Relief to Hyundai Rotem [Read Order]
The Income Tax Appellate Tribunal (ITAT) at Delhi recently granted relief to Hyundai Rotem, declaring that a delay in assessment following the dispatch of the Dispute Resolution Panel (DRP) order...
![Delay in Assessment over DRP Order in Time–Barred Income Tax matter is Null and Void: ITAT Grants Relief to Hyundai Rotem [Read Order]](https://images.taxscan.in/h-upload/2025/06/03/500x300_2041108-delay-in-assessment-over-drp-order-income-tax-income-tax-matter-drp-order-in-timebarred-income-tax-matter-itat-grants-relief-to-hyundai-rotem-itat-income-tax-appellate-tribunal-taxscan.webp "Delay in Assessment over DRP Order in Time–Barred Income Tax matter is Null and Void: ITAT Grants Relief to Hyundai Rotem [Read Order]")