ITAT Weekly Round Up

ITAT – ITAT News – ITAT Weekly Round-Up – ITAT Case Laws – ITAT Orders – ITAT Judgments – Taxscan
ITAT – ITAT News – ITAT Weekly Round-Up – ITAT Case Laws – ITAT Orders – ITAT Judgments – Taxscan
This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during the previous week from February 14 to February 19, 2021.
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) upheld addition of unexplained money, but directed the AO to give benefit of telescoping to assessee.
Vanderlande Industries Private Limited Vs. ACIT
The Pune Bench of Income Tax Appellate Tribunal (ITAT) has ruled that the assessee must deduct TDS on payment for use of overall ICT Infrastructure set up by Netherlands entity which falls under `Royalties’.
M/s. Krishnarajapet Taluk Agri Pro Co-op Marketing Society Ltd. Vs. PCIT
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has held that Interest earned from investments made in any bank, not being a co-operative society, is not deductible.
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has directed the Assessing Officer (AO) to restrict disallowance at 2% of the bogus purchases.
The Jaipur Bench of Income Tax Appellate Tribunal (ITAT) has deleted addition by way of adjustment made by CPC towards ESI and PF though paid before ITR due date.
M/s. Krishnarajapet Taluk Agri Pro Co-op Marketing Society Ltd. Vs. PCIT
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has held that Interest earned from investments made in any bank, not being a co-operative society, is not deductible.
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