![Insufficiency of Sentence: Karnataka HC directs Income Tax Dept to approach Sessions Court u/s 415(3) of BNSS [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Karnataka-High-Court-Karnataka-HC-Income-Tax-Dept-Sessions-Court-BNSS-Section-4153-of-BNSS-TAXSCAN.jpg "Insufficiency of Sentence: Karnataka HC directs Income Tax Dept to approach Sessions Court u/s 415(3) of BNSS [Read Order]")
Insufficiency of Sentence: Karnataka HC directs Income Tax Dept to approach Sessions Court u/s 415(3) of BNSS [Read Order]
The Karnataka High Court has rejected the appeals filed by the Income Tax Department under Section 377 of the Cr.P.C. Sub-Section (3) of Section...
![Taxpayer Engaged in Educational Charitable Activities u/s 2(15) of Income Tax Act is Eligible for Exemption: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Charitable-Trust-Registration-Rejected-Without-Fair-Hearing-Opportunity-ITAT-TAXSCAN.jpg "Taxpayer Engaged in Educational Charitable Activities u/s 2(15) of Income Tax Act is Eligible for Exemption: Delhi HC [Read Order]")
![S.54F Income Tax Deduction for LTCG can be claimed when Invested in Residential Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Deduction-LTCG-claimed-Invested-Residential-Property-ITAT-taxscan.jpg "S.54F Income Tax Deduction for LTCG can be claimed when Invested in Residential Property: ITAT [Read Order]")
![ITAT allows weighted Income Tax Deduction u/s 32(2AB) wrt expenses incurred on clinical trials [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/income-tax-deduction-clinical-trials-ITAT-Hyderabad-Income-Tax-Act-weighted-income-tax-deduction-tax-news-income-tax-income-tax-news-ITAT-taxscan-1.jpg "ITAT allows weighted Income Tax Deduction u/s 32(2AB) wrt expenses incurred on clinical trials [Read Order]")
“Dragging the assessee to litigation and creating another Demand”: ITAT raps AO and Appellate Authority for failing to examine facts on record [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) quashed an Assessment Order passed by an Assessing Officer under Sections 144 and 147 of the Income Tax Act, 1961. The aforementioned...
![“Dragging the assessee to litigation and creating another Demand”: ITAT raps AO and Appellate Authority for failing to examine facts on record [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Appellate-Authority-AO-ITAT-raps-litigation-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "“Dragging the assessee to litigation and creating another Demand”: ITAT raps AO and Appellate Authority for failing to examine facts on record [Read Order]")
Disputed Transaction outside ambit of Income Tax Section 2(22)(e): ITAT directs AO to delete Additions [Read Order]
The Banglore Bench of Income Tax Appellate Tribunal (ITAT) directed the AO( Assessing Officer ) to delete the additions made by him as the disputed transaction comes outside the ambit of the Section...
![Disputed Transaction outside ambit of Income Tax Section 2(22)(e): ITAT directs AO to delete Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/TAT-ITAT-directs-AO-Income-Tax-Income-Tax-Appellate-Tribunal-Income-Tax-Act-Assessing-Officer-ITAT-bangalore-taxscan.jpg "Disputed Transaction outside ambit of Income Tax Section 2(22)(e): ITAT directs AO to delete Additions [Read Order]")
ITAT Allows TDS Exemption for Technical Services Income Received from Abroad for Project Work u/s 9(1)(vii)(b) [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ), set aside an assessment order as by the exception provided under Section 9(1)(vii)(b) of the Income Tax Act, 1961 where the income...
![ITAT Allows TDS Exemption for Technical Services Income Received from Abroad for Project Work u/s 9(1)(vii)(b) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-ITAT-Delhi-TDS-Exemption-TDS-Exemption-for-Technical-Services-TDS-income-from-abroad-tds-taxscan.jpg "ITAT Allows TDS Exemption for Technical Services Income Received from Abroad for Project Work u/s 9(1)(vii)(b) [Read Order]")
![LTCG on Sale of Shares by Mauritius Company Not Liable to Be Taxed in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Itat-itat-news-Sale-of-Shares-Mauritius-Company-Not-Liable-tax-news-itat-on-ltcg-itat-about-ltcg-ltcg-about-Mauritius-Company-ltcg-news-taxscan.jpg "LTCG on Sale of Shares by Mauritius Company Not Liable to Be Taxed in India: ITAT [Read Order]")
Agricultural Land Income Exempted from Tax cannot be Added to Book profits u/s 115 JB of Income Tax Act: Delhi HC dismisses Appeal [Read Order]
In a recent ruling, the Delhi High Court dismissed an appeal, stating that income from agricultural land, which is exempt from tax, cannot be included in the book profits when calculating under...
![Agricultural Land Income Exempted from Tax cannot be Added to Book profits u/s 115 JB of Income Tax Act: Delhi HC dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Act-Income-Tax-115-JB-of-Income-Tax-Act-Delhi-HC-Delhi-High-Court-taxscan.jpg "Agricultural Land Income Exempted from Tax cannot be Added to Book profits u/s 115 JB of Income Tax Act: Delhi HC dismisses Appeal [Read Order]")
Superior Authority's Mechanical Approval for Income Tax Search Defeats Purpose of S. 153D: ITAT Quashes Order [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) set aside an assessment order that was passed without the application of mind. The order was quashed as it was contrary to Section 153 of...
![Superior Authoritys Mechanical Approval for Income Tax Search Defeats Purpose of S. 153D: ITAT Quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-ITAT-ITAT-Quashes-ITAT-Quashes-Order-Income-Tax-Appellate-Tribunal-ITAT-quashes-Income-Tax-TAXSCAN.webp "Superior Authoritys Mechanical Approval for Income Tax Search Defeats Purpose of S. 153D: ITAT Quashes Order [Read Order]")