![“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]")
“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...
![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]](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]")
Depreciation claim on Non Compete Fee Allowable Under Income Tax Act: ITAT Deletes Penalty Imposed [Read Order]
In the recent ruling, the Delhi bench Of Income Tax Appellate Tribunal (ITAT) quashed the penalty for disallowing Rs. 21,89,970 in non-compete fee depreciation due to conflicting High Court rulings...
![Depreciation claim on Non Compete Fee Allowable Under Income Tax Act: ITAT Deletes Penalty Imposed [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Depreciation-claim-Depreciation-claim-on-Non-Compete-Fee-Under-Income-Tax-Act-Income-Tax-Act-income-tax-news-ITAT-delhi-ITAT-Income-Tax-Appellate-Tribunal-Penalty-Imposed-taxscan.jpg "Depreciation claim on Non Compete Fee Allowable Under Income Tax Act: ITAT Deletes Penalty Imposed [Read Order]")
