![CIT(A) fails to Address Key issue on Adjustment of Actual Expenditure against Provisions: ITAT remands matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-Tax-Appellate-Tribunal-CIT-Adjustment-of-Actual-Expenditure-Expenditure-Against-Provisions-TAXSCAN.jpg "CIT(A) fails to Address Key issue on Adjustment of Actual Expenditure against Provisions: ITAT remands matter [Read Order]")
CIT(A) fails to Address Key issue on Adjustment of Actual Expenditure against Provisions: ITAT remands matter [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) remands the issue back to the Commissioner of Income Tax (Appeals) [CIT(A)] which...
![Non Diligence in Filing Appeal: ITAT imposes Cost on Appellant, directs to Deposit on PMRF [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Itat-Non-Diligence-Cost-on-Appellant-Deposit-on-PMRF-ITAT-Imposes-Cost-Appellant-appeal-filing-itat-news-itat-about-appeal-filing-itat-on-appeal-filing-itat-about-pmrf-taxscan.jpg "Non Diligence in Filing Appeal: ITAT imposes Cost on Appellant, directs to Deposit on PMRF [Read Order]")
![CIT(E) unable to Verify Trust’s Activities due Non-Submission of Documents while Granting Provisional Registration: ITAT remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/CITE-ITAT-ITAT-Ahmedabad-ITAT-Remands-Matter-Income-Tax-Appellate-Tribunal-Commissioner-Income-Tax-Submission-of-Documents-taxscan.jpg "CIT(E) unable to Verify Trust’s Activities due Non-Submission of Documents while Granting Provisional Registration: ITAT remands Matter [Read Order]")
![AOs Order must be Erroneous and Prejudicial to invoke Section 263: ITAT sets aside Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Revision-order-Income-Tax-Act-jurisdiction-ITAT-sets-aside-Order-ITAT-Order-Taxscan.jpg "AOs Order must be Erroneous and Prejudicial to invoke Section 263: ITAT sets aside Revision Order [Read Order]")
![Filing of Audit Report before Framing Income Tax Assessment is Deemed Fulfilment of Section 80-IA(7) Requirement: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/delhi-hc-income-tax-it-Income-Tax-Assessment-Framing-Filing-of-Audit-Report-delhi-highcourt-audit-report-Income-Tax-Assessment-Tax-Assessment-Section-80-IA7-taxnews-taxscan.jpg "Filing of Audit Report before Framing Income Tax Assessment is Deemed Fulfilment of Section 80-IA(7) Requirement: Delhi HC [Read Order]")
TDS Applicability on Accounting Provisions made towards Unfinished Work: ITAT restores Case back to CIT (A) [Read Order]
The Delhi bench “A” of the Income Tax Appellate Authority (ITAT) recently ruled on a case involving Tax Deducted at Source (TDS) applicability on accounting provisions made towards unfinished work. ...
![TDS Applicability on Accounting Provisions made towards Unfinished Work: ITAT restores Case back to CIT (A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Payment-TDS-Interest-Revenue-Penalty-ITAT-Payment-of-TDS-taxscan.jpg "TDS Applicability on Accounting Provisions made towards Unfinished Work: ITAT restores Case back to CIT (A) [Read Order]")
No Physical Notice of Hearing served by Income Tax First Appellate: ITAT sets aside CIT (A)’s Ex Parte Order [Read Order]
In a recent case, The Income Tax Appellate Authority (ITAT) of Delhi set aside the Ex Parte order given by the Commissioner of Income Tax (Appeals) [ CIT(A) ]. The appellant/assessee, K...
![No Physical Notice of Hearing served by Income Tax First Appellate: ITAT sets aside CIT (A)’s Ex Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Itat-Physical-Notice-Income-Tax-First-Appellate-ITAT-about-CIT-As-Ex-Parte-Order-CIT-As-Ex-Parte-Order-itat-news-CIT-A-news-income-tax-income-tax-news-taxscan.jpg "No Physical Notice of Hearing served by Income Tax First Appellate: ITAT sets aside CIT (A)’s Ex Parte Order [Read Order]")
Extended period of Limitation under CGST Act cannot be Invoked in absence of Clear Allegation of Wilful Misstatements or Suppression: Calcutta HC [Read Order]
The Calcutta High Court in a significant case rules that extended period of limitation under Central Goods and Service Tax ( CGST ) Act , 2017 cannot be invoked in absence of clear allegation of...
![Extended period of Limitation under CGST Act cannot be Invoked in absence of Clear Allegation of Wilful Misstatements or Suppression: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/CGST-Act-Calcutta-HC-Calcutta-High-Court-Suppression-Central-Goods-and-Service-Tax-CGST-taxscan.jpg "Extended period of Limitation under CGST Act cannot be Invoked in absence of Clear Allegation of Wilful Misstatements or Suppression: Calcutta HC [Read Order]")
AO cannot Reject DCF Method For CCPS Valuation if it is made under Rule 11UA: ITAT deletes Addition [Read Order]
Recently, The Income Tax Appellate Tribunal (ITAT) of Ahmedabad dismissed an appeal moved by the Revenue department against a decision made in favor of the assessee in a matter regarding deletion of...
![AO cannot Reject DCF Method For CCPS Valuation if it is made under Rule 11UA: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/AO-DCF-ITAT-ITAT-Deletes-Addition-Income-Tax-Appellate-Tribunal-ITAT-Ahmedabad-Revenue-department-taxscan.jpg "AO cannot Reject DCF Method For CCPS Valuation if it is made under Rule 11UA: ITAT deletes Addition [Read Order]")
![Failure to Issue Income Tax Notice u/s 143(2) Fatal and not Curable u/s 292B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-Tax-ITAT-Bangalore-Income-Tax-Notice-Section-1432-Income-tax-act-taxscan.jpg "Failure to Issue Income Tax Notice u/s 143(2) Fatal and not Curable u/s 292B: ITAT [Read Order]")
ITAT directs TPO to exclude Companies with Turnover exceeding or below 10 times for Transfer Pricing Comparable Analysis [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal orders the Transfer pricing officer ( TPO ) to apply the turnover filter to exclude companies with a Turnover of more than 10 times or less...
![ITAT directs TPO to exclude Companies with Turnover exceeding or below 10 times for Transfer Pricing Comparable Analysis [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Determination-of-ALP-Professional-Fee-AO-TPO-ITAT-Addition-transfer-pricing-adjustment-taxscan.jpg "ITAT directs TPO to exclude Companies with Turnover exceeding or below 10 times for Transfer Pricing Comparable Analysis [Read Order]")
Notice Issued u/s 148 of the Income Tax Act in the Name of a Dead Individual is Void From Beginning: ITAT [Read Order]
Recently, the Income Tax Appellate Tribunal ( ITAT) of Jaipur ruled in a case that involved the issuance of notice under Section 148 of the Income Tax Act 1961 (ITA) to a dead individual. ...
![Notice Issued u/s 148 of the Income Tax Act in the Name of a Dead Individual is Void From Beginning: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Act-ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-148-of-the-Income-Tax-Section-148-taxscan.jpeg "Notice Issued u/s 148 of the Income Tax Act in the Name of a Dead Individual is Void From Beginning: ITAT [Read Order]")