Relief to Samsung as Delhi HC restores ₹1,213 Cr Income Tax Demand Stay Plea
The Delhi High Court has provided relief to Samsung India by overturning the Income Tax Appellate Tribunal's ( ITAT ) earlier dismissal of the...
![ITAT allows Sales Promotion Expenses and Discount Provisions, Citing Minimal Impact on Revenue and Proper Documentation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Allows-Sales-Promotion-ITAT-Ahmedabad-ITAT-Allows-Sales-Impact-on-Revenue-Impact-on-Proper-Documentation-Minimal-Impact-Minimal-Impact-on-Revenue-taxscan.jpg "ITAT allows Sales Promotion Expenses and Discount Provisions, Citing Minimal Impact on Revenue and Proper Documentation [Read Order]")
![ITAT Invalidates TDS Disallowance u/s 40(a)(i) due to Lack of Incriminating Evidence in S.153A Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-TDS-Disallowance-taxscan.jpg "ITAT Invalidates TDS Disallowance u/s 40(a)(i) due to Lack of Incriminating Evidence in S.153A Assessment [Read Order]")
![Inapplicability of Advance Tax u/s 249(4): ITAT remands Case to CIT(A) for Re-examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Chandigarh-Income-Tax-Income-Tax-Appellate-Tribunal-Advance-Tax-under-ITAT-TAXSCAN.jpg "Inapplicability of Advance Tax u/s 249(4): ITAT remands Case to CIT(A) for Re-examination [Read Order]")
![‘Makaan in registered deed was not a residential house’: Delhi HC upholds ITATs Interpretation of Residential House for S. 54F Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-High-Court-ITAT-Income-Tax-Appellate-Tribunal-Income-Tax-Act-Makaan-Tax-cases-TAXSCAN.jpg "‘Makaan in registered deed was not a residential house’: Delhi HC upholds ITATs Interpretation of Residential House for S. 54F Exemption [Read Order]")
ITAT Upholds CIT(A)’s Decision on Proportional TDS Credit Restriction Due to Income Mismatch, Orders Reallocation to Prior Years [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT)upheld the Commissioner of Income Tax(Appeals)[CIT(A)]’s decision on proportional Tax Deducted at Source(TDS) credit restriction due to...
![ITAT Upholds CIT(A)’s Decision on Proportional TDS Credit Restriction Due to Income Mismatch, Orders Reallocation to Prior Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Ahmedabad-INCOME-TAX-TDS-Credit-Restriction-ITAT-Upholds-CITAs-Decision-Taxscan.jpg "ITAT Upholds CIT(A)’s Decision on Proportional TDS Credit Restriction Due to Income Mismatch, Orders Reallocation to Prior Years [Read Order]")
‘AO Erroneously Added Value of Transaction, including the Element of Cash and Alleged Cash Payment’: Delhi HC quashes Assessment Order [Read Order]
In a ruling that was passed recently, the Delhi High Court quashed the assessment order and held that the assessing officer ( AO ) had erroneously added value of the transaction, including the...
![‘AO Erroneously Added Value of Transaction, including the Element of Cash and Alleged Cash Payment’: Delhi HC quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-High-Court-Assessment-Order-income-tax-assessment-transaction-Value-Taxscan.jpg "‘AO Erroneously Added Value of Transaction, including the Element of Cash and Alleged Cash Payment’: Delhi HC quashes Assessment Order [Read Order]")
Delhi HCÂ Upholds ITAT's Decision on Genuine Loss Claim in Tool and Die Transactions [Read Order]
The Delhi High Court has upheld the Income Tax Appellate Tribunal’s ( ITAT ) decision regarding the loss claim in a tool and die transaction as it observed that the loss incurred by the asseseee was...
![Delhi HCÂ Upholds ITATs Decision on Genuine Loss Claim in Tool and Die Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-High-Court-ITAT-tool-and-die-loss-claim-Tool-and-die-transaction-tax-case-taxscan.jpg "Delhi HCÂ Upholds ITATs Decision on Genuine Loss Claim in Tool and Die Transactions [Read Order]")
Lack of Opportunity to Counter Allegations : Delhi HC upholds ITAT's Decision to set aside Order Pertaining to India-Singapore DTAA Issue [Read Order]
The Delhi High Court upheld the decision of the Income Tax Appellate Tribunal ( ITAT ) in an issue pertaining to India-Singapore DTAA to set aside the order as the assessee was not given an...
![Lack of Opportunity to Counter Allegations : Delhi HC upholds ITATs Decision to set aside Order Pertaining to India-Singapore DTAA Issue [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Counter-Allegations-ITATs-Decision-Delhi-HC-upholds-Lack-of-Opportunity-DTAA-Issue-Income-Tax-ITAT-Delhi-taxscan.jpg "Lack of Opportunity to Counter Allegations : Delhi HC upholds ITATs Decision to set aside Order Pertaining to India-Singapore DTAA Issue [Read Order]")
Lack of Prejudice to Revenue and Non-compliance by Assessee, ITAT Remands Case for De Novo Assessment u/s 144 & 147 [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) remanded the case to the Assessing Officer (AO) for fresh examination due to non-compliance by the assessee and lack of prejudice to the...
![Lack of Prejudice to Revenue and Non-compliance by Assessee, ITAT Remands Case for De Novo Assessment u/s 144 & 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Ahmedabad-SECTION-144-SECTION-147-ITAT-Remands-De-Novo-Assessment-Lack-of-Prejudice-Lack-of-Prejudice-to-Revenue-taxscan.jpg "Lack of Prejudice to Revenue and Non-compliance by Assessee, ITAT Remands Case for De Novo Assessment u/s 144 & 147 [Read Order]")