![ITAT directs Re-adjudication on Addition of Insurance Claim of Rs. 2.75 Crores Taxed under Business Head [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Re-adjudication-ITAT-directs-Re-adjudication-on-Addition-of-Insurance-Claim-taxscan.jpg "ITAT directs Re-adjudication on Addition of Insurance Claim of Rs. 2.75 Crores Taxed under Business Head [Read Order]")
ITAT directs Re-adjudication on Addition of Insurance Claim of Rs. 2.75 Crores Taxed under Business Head [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has directed re-adjudication on the addition of Insurance claim of  Rs. 2.75 taxed...
![Rental Income Shall be treated as Income from House Property, not Income from Other Sources: ITAT grants Relief to Piramal Enterprises [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Rental-Income-Income-from-House-Property-House-Property-ITAT-Piramal-Enterprises-taxscan.jpg "Rental Income Shall be treated as Income from House Property, not Income from Other Sources: ITAT grants Relief to Piramal Enterprises [Read Order]")
![Tax Recovery Officer not empowered under Income Tax Act to declare Sale made in favour of Third Party as Void: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Tax-Recovery-Officer-Income-Tax-Act-Sale-Third-Party-as-Void-Madras-HC-taxscan.jpg "Tax Recovery Officer not empowered under Income Tax Act to declare Sale made in favour of Third Party as Void: Madras HC [Read Order]")
![Creation and Operation of 294 Fake Firms and Evasion of Rs.1,032 Crores GST: Rajasthan HC rejects Bail to Accused [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Creation-and-Operation-Firms-and-Evasion-GST-Rajasthan-HC-rejects-Bail-to-Accused-TAXSCAN.jpg "Creation and Operation of 294 Fake Firms and Evasion of Rs.1,032 Crores GST: Rajasthan HC rejects Bail to Accused [Read Order]")
Mere Generation of Surplus from Year to Year cannot be Reason for Rejection of Application u/s 10(23C) (vi) of Income Tax Act: Rajasthan HC orders to re-consider Application [Read Order]
The Rajasthan High Court ordered to re-consider application and observed that the mere generation of surplus from year to year cannot be reason for rejection of application under Section 10(23C) (vi)...
![Mere Generation of Surplus from Year to Year cannot be Reason for Rejection of Application u/s 10(23C) (vi) of Income Tax Act: Rajasthan HC orders to re-consider Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Rajasthan-High-Court-Rejection-of-Application-Re-consider-Application-Surplus-generation-TAXSCAN.jpg "Mere Generation of Surplus from Year to Year cannot be Reason for Rejection of Application u/s 10(23C) (vi) of Income Tax Act: Rajasthan HC orders to re-consider Application [Read Order]")
CBDT issues Departmental Guidelines for Filing of Income Tax Appeals before ITAT, HCs and SLPs/Appeals before Supreme Court [Read Circular]
The Central Board of Direct Taxes ( CBDT ) released a Circular, No. 5/2024 dated March 15, 2024, under Section 268A of the Income-tax Act, 1961, outlining guidelines for the Department’s appeal...
![CBDT issues Departmental Guidelines for Filing of Income Tax Appeals before ITAT, HCs and SLPs/Appeals before Supreme Court [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/03/CBDT-CBDT-issues-Departmental-Guidelines-Filing-of-Income-Tax-Appeals-TAXSCAN.jpg "CBDT issues Departmental Guidelines for Filing of Income Tax Appeals before ITAT, HCs and SLPs/Appeals before Supreme Court [Read Circular]")
Stay Application against Income Tax Assessment Order: Kerala HC directs to Keep Recovery Proceedings in Abeyance Till Disposal of Stay Petition [Read Order]
The Kerala High Court directed the Income-tax authority to keep recovery proceedings in abeyance till the disposal of the stay petition against the Income Tax Assessment Order. The Court also...
![Stay Application against Income Tax Assessment Order: Kerala HC directs to Keep Recovery Proceedings in Abeyance Till Disposal of Stay Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Stay-Application-Income-Tax-Assessment-Order-Recovery-Proceedings-Stay-Petition-Stay-Application-against-Income-Tax-Assessment-Order-Assessment-Order-taxscan.jpg "Stay Application against Income Tax Assessment Order: Kerala HC directs to Keep Recovery Proceedings in Abeyance Till Disposal of Stay Petition [Read Order]")
Application to Stay against Income Tax Order: Kerala HC Suspends Income Tax Recovery Proceedings Till Decision of Stay Petition [Read Order]
The Kerala High Court suspended the Income Tax recovery proceedings till the final decision of the stay petition. The Court disposed of the writ petition directing the 2nd respondent to consider and...
![Application to Stay against Income Tax Order: Kerala HC Suspends Income Tax Recovery Proceedings Till Decision of Stay Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Application-to-Stay-Stay-Income-Tax-Order-Kerala-HC-taxscan.jpg "Application to Stay against Income Tax Order: Kerala HC Suspends Income Tax Recovery Proceedings Till Decision of Stay Petition [Read Order]")
Transfer of FD of Deceased Husband during Demonetisation Period for purchase Agriculture plot: ITAT Remands matter to AO for verification [Read Order]
The single member bench of Income Tax Appellate Tribunal ( ITAT ) of Pune while observing the transfer of fixed deposits of deceased husbands during the demonetisation period for purchase of...
![Transfer of FD of Deceased Husband during Demonetisation Period for purchase Agriculture plot: ITAT Remands matter to AO for verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Income-Tax-Demonetisation-Agriculture-Plot-Purchase-taxscan.jpg "Transfer of FD of Deceased Husband during Demonetisation Period for purchase Agriculture plot: ITAT Remands matter to AO for verification [Read Order]")