![ITAT quashes Assessment Order passed on Violation of Principles of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Assessment-Order-Violation-of-Principles-of-Natural-Justice-taxscan.jpg "ITAT quashes Assessment Order passed on Violation of Principles of Natural Justice [Read Order]")
ITAT quashes Assessment Order passed on Violation of Principles of Natural Justice [Read Order]
The Mumbai bench Income Tax Appellate Tribunal ( ITAT )quashed the assessment order passed on violation of principle of natural justice. The Two...
![ITAT deletes disallowance made towards Staff Welfare Expenses without giving opportunity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-disallowance-itat.jpg "ITAT deletes disallowance made towards Staff Welfare Expenses without giving opportunity [Read Order]")
![Mere Rejection of Claim of ITC by stating reply as unsatisfactory is invalid: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Delhi-High-Court-Input-Tax-Credit-Rejection-of-ITC-claim-ITC-claim-claim-of-Input-Tax-Credit-ITC-taxscan.jpg "Mere Rejection of Claim of ITC by stating reply as unsatisfactory is invalid: Delhi HC [Read Order]")
![Failure to establish Legal Expenses incurred from Trading Loss as Civil Expenditure: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-Income-Tax-Readjudication-Civil-Expenditure-taxscan.jpg "Failure to establish Legal Expenses incurred from Trading Loss as Civil Expenditure: ITAT directs Readjudication [Read Order]")
ITAT quashes Ex-Parte Assessment Order passed without considering Valuation Report u/s 12A of Income Tax Act [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the ex parte assessment order passed without considering the Valuation report under Section 12A of the Income Tax Act, 1961. ...
![ITAT quashes Ex-Parte Assessment Order passed without considering Valuation Report u/s 12A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Hyderabad-Income-tax-Income-tax-news-Assessment-Order-taxscan.jpg "ITAT quashes Ex-Parte Assessment Order passed without considering Valuation Report u/s 12A of Income Tax Act [Read Order]")
Absence of cogent material to prove Cash Transaction with respect to Purchase of Chemicals: ITAT directs readjudication [Read Order]
The Delhi bench Income Tax Appellate Tribunal (ITAT) directed readjudication in absence of cogent material to prove the cash transactions with respect to purchase of chemicals . The Assessee,...
![Absence of cogent material to prove Cash Transaction with respect to Purchase of Chemicals: ITAT directs readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Cash-Transaction-Purchase-of-Chemicals-ITAT-readjudication-TAXSCAN.jpg "Absence of cogent material to prove Cash Transaction with respect to Purchase of Chemicals: ITAT directs readjudication [Read Order]")
Income Tax Orders being not Conclusive Proofs not to be used for Discharge of Disproportionate Assets Cases: Supreme Court [Read Judgement]
A Two-Judge Bench of the Supreme Court held that the proceedings under the Income Tax Act and its evidentiary value remains a matter of trial and they cannot be considered as conclusive proof for...
![Income Tax Orders being not Conclusive Proofs not to be used for Discharge of Disproportionate Assets Cases: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Tax-Orders-Conclusive-Discharge-of-Disproportionate-Assets-Cases-Supreme-Court-TAXSCAN.jpg "Income Tax Orders being not Conclusive Proofs not to be used for Discharge of Disproportionate Assets Cases: Supreme Court [Read Judgement]")
JDA Amendment for sharing consideration: ITAT quashes Revision Order passed without providing Valid Reason [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the revision order passed without providing a valid reason in respect of the amendment in the Joint Development Agreement (...
![JDA Amendment for sharing consideration: ITAT quashes Revision Order passed without providing Valid Reason [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Ahmedabad-Income-Tax-JDA-Amendment-TAXSCAN.jpg "JDA Amendment for sharing consideration: ITAT quashes Revision Order passed without providing Valid Reason [Read Order]")
857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay in Appeal Filing [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) directed the Commissioner of Income Tax (Appeals) [(CIT(A)] to condone the 857-day delay in filing the appeal a the assessee has given...
![857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay in Appeal Filing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-Tax-Delay-in-appeal-filing-TAXSCAN.jpg "857 days delay, including 56 Pre-Covid days Properly Explained: ITAT directs CIT(A) to Condone Delay in Appeal Filing [Read Order]")
Section 155(14) of Income Tax Act cannot limit TDS Credit if Income disclosed in ITR: ITAT allows Full Credit as per Form 26AS [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that the Section 155(14) of the Income Tax Act, 1961 cannot restrict the Tax Deduction at Source ( TDS ) credit if the income...
![Section 155(14) of Income Tax Act cannot limit TDS Credit if Income disclosed in ITR: ITAT allows Full Credit as per Form 26AS [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-tax-TDS-Tax-Deduction-at-Source-ITR-Form-26AS-taxscan.jpg "Section 155(14) of Income Tax Act cannot limit TDS Credit if Income disclosed in ITR: ITAT allows Full Credit as per Form 26AS [Read Order]")
Sale of Software Products does not Constitute Royalty Income, Not taxable under Article 12 of India- Japan DTAA: ITAT [Read Order]
In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that the sale of software products does not constitute royalty income and is not taxable under Article 12 of...
![Sale of Software Products does not Constitute Royalty Income, Not taxable under Article 12 of India- Japan DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Sale-of-Software-Products-TAXSCAN.jpg "Sale of Software Products does not Constitute Royalty Income, Not taxable under Article 12 of India- Japan DTAA: ITAT [Read Order]")