![Bonafide Mistake of Applying for Registration in Form 10 AB Instead of Form 10 A is Condonable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-bonafide-mistakes-from-itat-Form-10AB-Form-10A-income-tax-acts-TAXSCAN.jpg "Bonafide Mistake of Applying for Registration in Form 10 AB Instead of Form 10 A is Condonable: ITAT [Read Order]")
Bonafide Mistake of Applying for Registration in Form 10 AB Instead of Form 10 A is Condonable: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) viewed that the bonafide mistake of applying for registration in Form 10 AB instead...
![Registration of Charitable Trust u/s 12 of Income Tax Act: ITAT grants Opportunity to Prove Genuineness of Its Charitable Activity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Registration-of-Charitable-Trust-us12-of-Income-Tax-Act-ITAT-Genuineness-of-Its-Charitable-Activity-TAXSCAN.jpg "Registration of Charitable Trust u/s 12 of Income Tax Act: ITAT grants Opportunity to Prove Genuineness of Its Charitable Activity [Read Order]")
![ITAT directs to allow Stamp Duty & Registration Charges Incurred to Transfer as per Scheme of Arrangement approved by NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Stamp-Duty-Registration-Charges-Transfer-Scheme-of-Arrangement-approved-by-NCLT-TAXSCAN.jpg "ITAT directs to allow Stamp Duty & Registration Charges Incurred to Transfer as per Scheme of Arrangement approved by NCLT [Read Order]")
![Payments Received Towards Interconnectivity Utility Charges From Indian Customers Is Not Royalty under Article 12 of DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Payments-Received-Interconnectivity-Utility-Charges-From-Indian-Customers-Royalty-Article-12-of-DTAA-ITAT-TAXSCAN.jpg "Payments Received Towards Interconnectivity Utility Charges From Indian Customers Is Not Royalty under Article 12 of DTAA: ITAT [Read Order]")
![New SCN u/s 148 of Income Tax Act shall be Issued for Issues Not Previously Raised: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Section-148-Income-Tax-Act-Show-Cause-Notice-SCN-Income-tax-Income-tax-news-taxscan.jpg "New SCN u/s 148 of Income Tax Act shall be Issued for Issues Not Previously Raised: Madras HC [Read Order]")
![Adhoc Disallowance made without Rejecting Books of Account is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Adhoc-Disallowance-Rejecting-Books-of-Account-ITAT-TAXSCAN.jpg "Adhoc Disallowance made without Rejecting Books of Account is Invalid: ITAT [Read Order]")
Disallowance u/s 57(ii) of Income Tax Act allowable on Expenses Incurred wholly for earning Income from Other Sources: ITAT [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) has held that disallowance under section 57(ii) of the Income Tax Act, 1961 is allowable on expenses incurred wholly for earning Income...
![Disallowance u/s 57(ii) of Income Tax Act allowable on Expenses Incurred wholly for earning Income from Other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Disallowance-Income-Tax-Act-Expenses-Income-Other-Sources-ITAT-taxscan.jpg "Disallowance u/s 57(ii) of Income Tax Act allowable on Expenses Incurred wholly for earning Income from Other Sources: ITAT [Read Order]")
![CIT (A)Â cannot delete Disallowance without Observing Findings of AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/CIT-A-Disallowance-AO-ITAT-taxscan.jpg "CIT (A)Â cannot delete Disallowance without Observing Findings of AO: ITAT [Read Order]")
Failure to prove Ownership of Company with respect to Purchase Agreement of Land for Develop Property: ITAT upholds STCG from Transfer to Non Agriculture Land [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) while upheld the Short Term Capital Gain ( STCG ) from the transfer of the non agriculture land observed that the assessee failed to prove...
![Failure to prove Ownership of Company with respect to Purchase Agreement of Land for Develop Property: ITAT upholds STCG from Transfer to Non Agriculture Land [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Failure-to-prove-ownership-Non-Agriculture-land-tax-updates-taxscan.jpg "Failure to prove Ownership of Company with respect to Purchase Agreement of Land for Develop Property: ITAT upholds STCG from Transfer to Non Agriculture Land [Read Order]")
Utilising specific Money deposited in Capital Gain Account Scheme towards New Investment is not Mandated under Income Tax Act: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) held that utilising specific money deposited in a capital gain account scheme towards new investment is not mandated under the Income...
![Utilising specific Money deposited in Capital Gain Account Scheme towards New Investment is not Mandated under Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-income-tax-act-2024-Money-deposited-capital-gain-investment-TAXSCAN.jpg "Utilising specific Money deposited in Capital Gain Account Scheme towards New Investment is not Mandated under Income Tax Act: ITAT [Read Order]")
No Justifiable Grounds for Condoning Delay: Supreme Court dismisses SLP filed by Income Tax Department [Read Judgement]
The Supreme Court of India dismissed a Special Leave Petition (SLP) filed by the Income Tax Department against the director of Overseas Maritime Agencies Private Limited after a 466-day delay in...
![No Justifiable Grounds for Condoning Delay: Supreme Court dismisses SLP filed by Income Tax Department [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/05/Justifiable-Condoning-Delay-Supreme-Court-SLP-Income-Tax-Department-TAXSCAN.jpg "No Justifiable Grounds for Condoning Delay: Supreme Court dismisses SLP filed by Income Tax Department [Read Judgement]")