![Addition merely based on Information from Investigation Wing on the basis of Justice M B Shah Commission report not Valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Addition-Search-ITAT-Taxscan.jpg "Addition merely based on Information from Investigation Wing on the basis of Justice M B Shah Commission report not Valid: ITAT [Read Order]")
Addition merely based on Information from Investigation Wing on the basis of Justice M B Shah Commission report not Valid: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the addition made by the income tax department merely on the basis of the...
![CBDT notifies Income Tax Exemption to Uttarakhand Environment Protection and Pollution Control Board & ‘Cochin SEZ Authority [Read Notifications]](https://www.taxscan.in/wp-content/uploads/2020/01/SEZ-Special-Economic-Zones-Taxscan.jpg "CBDT notifies Income Tax Exemption to Uttarakhand Environment Protection and Pollution Control Board & ‘Cochin SEZ Authority [Read Notifications]")
Collector of Stamps erred in not Adverting to Sale Value approved by Charity Commissioner in case of Trust’s Sale Deed: Bombay HC [Read Judgment]
The High Court of Bombay, while setting aside the order passed by the Collector of Stamps and held that the Collector of Stamps committed a manifest error in not at all adverting to the fact that the...
![One Turnover cannot be Taxed in the hands of Two Assessees: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Assessee-Penalty-Appeal-Income-Tax-Income-Tax-Officer-Taxscan.jpg "One Turnover cannot be Taxed in the hands of Two Assessees: ITAT [Read Order]")
![Fraudulent Trading in Mindvision Capital Shares: SAT affirms Penalty imposed by SEBI [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/WhatsApp-Image-2020-05-26-at-1.50.45-PM.jpeg "Fraudulent Trading in Mindvision Capital Shares: SAT affirms Penalty imposed by SEBI [Read Order]")
Non-Appearance before CIT (A) can be excused since Assessee is Senior Citizen and Computer Illiterate: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) recently nullified an ex-parte order passed by the CIT (A) on the ground that the notices for appearances were sent through e-mail and the...
![Non-Appearance before CIT (A) can be excused since Assessee is Senior Citizen and Computer Illiterate: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Assessing-Officer.jpg "Non-Appearance before CIT (A) can be excused since Assessee is Senior Citizen and Computer Illiterate: ITAT [Read Order]")
IT Dept erred in denying Registration to School on suspicion without further Verification: ITAT [Read Order]
Overruling the decision of the Commissioner of Income Tax (Exemptions), the Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the officer cannot reject the plea for registration under...
Assessee can Challenge the Inclusion of Comparable even If it Clears the Filters: Delhi HC [Read Judgment]
The High Court of Delhi, while upholding the ruling of Income Tax Appellate Tribunal (ITAT) held that since none of the comparables have been excluded on the ground of high turnover alone, the test of...
![Assessee can Challenge the Inclusion of Comparable even If it Clears the Filters: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/11/Form-TRAN-1-Delhi-High-Court-Taxscan.jpg "Assessee can Challenge the Inclusion of Comparable even If it Clears the Filters: Delhi HC [Read Judgment]")