![No Tax Relief to Trust for Gift made to an Unregistered Trust: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Unregistered-Trust-Taxscan.jpg "No Tax Relief to Trust for Gift made to an Unregistered Trust: ITAT [Read Order]")
No Tax Relief to Trust for Gift made to an Unregistered Trust: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that a Trust cannot enjoy the benefit of Section 11 of the Income Tax Act in...
![ITAT confirms Addition for Bogus Purchases based on Incomplete Purchase Bill & Illogical Mode of Transport Used [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Bogus-Purchases-Taxscan.jpg "ITAT confirms Addition for Bogus Purchases based on Incomplete Purchase Bill & Illogical Mode of Transport Used [Read Order]")
![Assessment against a Non-Existing Amalgamating Entity is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Assessment-Taxscan.jpg "Assessment against a Non-Existing Amalgamating Entity is Invalid: ITAT [Read Order]")
GST on Extra Neutral Alcohol: AAR refuses to Clarify as final Decision pending before GST Council [Read Order]
The Authority for Advance Ruling (AAR), Telangana State, recently refused to clarify the applicability of the Goods and Services Tax (GST) on the Extra Neutral Alcohol (ENA) as the decision on the...
![GST on Extra Neutral Alcohol: AAR refuses to Clarify as final Decision pending before GST Council [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Extra-Neutral-Alcohol.jpg "GST on Extra Neutral Alcohol: AAR refuses to Clarify as final Decision pending before GST Council [Read Order]")
Apportioning R & D Expenditure and ESOP cost to Units which Claimed Exemption u/s 10B, 80IB and 80IC not justified: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Dr. Reddy’s Laboratories Ltd. v. DCIT holding in favor of the assessee was of the view that Tax Authorities were not...
![Apportioning R & D Expenditure and ESOP cost to Units which Claimed Exemption u/s 10B, 80IB and 80IC not justified: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/ITAT-Exemption-Taxscan.jpg "Apportioning R & D Expenditure and ESOP cost to Units which Claimed Exemption u/s 10B, 80IB and 80IC not justified: ITAT [Read Order]")
Collecting Fee from Students not ‘ Uncharitable Activity ’: ITAT grants relief to Trust [Read Order]
In Rama Devi Memorial Society v. ACIT, the New Delhi bench of the Income Tax Appellate Tribunal ( ITAT ), held that the charitable nature of the Trust would not be destroyed if it collects Fee from...
![Collecting Fee from Students not ‘ Uncharitable Activity ’: ITAT grants relief to Trust [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Uncharitable-Activity-Collecting-Fees-Taxscan.jpg "Collecting Fee from Students not ‘ Uncharitable Activity ’: ITAT grants relief to Trust [Read Order]")
If Addition made by Estimating Gross Profit as a Whole, Separate Additions not Warranted: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) in ACIT v. Kitman International, held that once the Addition is made by estimating Gross Profit as a whole, then there is no need for...
![If Addition made by Estimating Gross Profit as a Whole, Separate Additions not Warranted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Addition-ITAT-Taxscan.jpg "If Addition made by Estimating Gross Profit as a Whole, Separate Additions not Warranted: ITAT [Read Order]")