![DVO Report Vital for Determination of Full Value of Consideration u/s 50C: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/ITAT-Taxscan.jpg "DVO Report Vital for Determination of Full Value of Consideration u/s 50C: ITAT [Read Order]")
DVO Report Vital for Determination of Full Value of Consideration u/s 50C: ITAT [Read Order]
In Anuj Kumar Goswami vs ITO, the Agra Bench of Income Tax Appellate Tribunal ( ITAT ) held that Departmental Valuation Officer(DVO)’s valuation takes...
![Re-Assessment based on DVO Report is valid since Original Assessment was completed without waiting for Report due to Statutory Time Limit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Re-Assessment.jpg "Re-Assessment based on DVO Report is valid since Original Assessment was completed without waiting for Report due to Statutory Time Limit: ITAT [Read Order]")
![ITAT Allows Deduction for Expenses incurred on Replantation without any Expansion of Plantation Area or Re-plantation in an Abandoned Area [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deduction-Taxscan.jpg "ITAT Allows Deduction for Expenses incurred on Replantation without any Expansion of Plantation Area or Re-plantation in an Abandoned Area [Read Order]")
‘Door Closer’ supplied to Railways attract 12.5% VAT: Delhi VAT Commissioner Clarifies [Read Order]
In a determination application filed under Section 84 of Delhi Value Added Tax Act 2004, the Delhi VAT Commissioner clarified that the item ‘door closer’ supplied to railways for use in coaches,...
![‘Door Closer’ supplied to Railways attract 12.5% VAT: Delhi VAT Commissioner Clarifies [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Railways-GST-Taxscan.jpg "‘Door Closer’ supplied to Railways attract 12.5% VAT: Delhi VAT Commissioner Clarifies [Read Order]")
![CIT(A) cannot Transfer Jurisdiction from one Assessing Officer to another: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/ITAT-Taxscan.jpg "CIT(A) cannot Transfer Jurisdiction from one Assessing Officer to another: ITAT [Read Order]")
Service Tax collected not part of ‘Gross Receipts’ for determining Income u/s 44BB: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT )recently held that Service tax collected shall not form part of the ‘gross receipts’ for the purpose of determining income under section...
![Service Tax collected not part of ‘Gross Receipts’ for determining Income u/s 44BB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Service-Tax-Taxscan.jpg "Service Tax collected not part of ‘Gross Receipts’ for determining Income u/s 44BB: ITAT [Read Order]")
No Penalty since Assessee Voluntarily Surrendered Income, Paid Tax and Explained Its Source: ITAT [Read Order]
While dismissing a departmental appeal, the Delhi ITAT ruled that penalty under section 271AAA of the Income Tax Act cannot be levied since Assessee voluntarily surrendered Income, paid Tax and...
![No Penalty since Assessee Voluntarily Surrendered Income, Paid Tax and Explained Its Source: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty since Assessee Voluntarily Surrendered Income, Paid Tax and Explained Its Source: ITAT [Read Order]")
![ITAT Quashes S. 158BC Assessment since Notice u/s 143(2) was not Issued [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Notice-Taxscan.jpg "ITAT Quashes S. 158BC Assessment since Notice u/s 143(2) was not Issued [Read Order]")
Ss. 194C(6) and 194C(7) are Independent Provisions and can’t be read together to attract Disallowance u/s 40(a)(ia): ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) while allowing a departmental appeal, ruled that Section 194C (6) and 194C (7) are independent of each other and cannot be read together...
![Ss. 194C(6) and 194C(7) are Independent Provisions and can’t be read together to attract Disallowance u/s 40(a)(ia): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/07/ITAT-Tax-Scan.jpg "Ss. 194C(6) and 194C(7) are Independent Provisions and can’t be read together to attract Disallowance u/s 40(a)(ia): ITAT [Read Order]")
Employee/ Employer Contribution to PF deposited within Due Date of furnishing Income Tax Return can’t be Disallowed: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal in the case of DCIT, Circle-1(1), versus M/s Lexicon Auto Ltd. raised various grounds of appeal wherein ruled that there is no distinction...
![Employee/ Employer Contribution to PF deposited within Due Date of furnishing Income Tax Return can’t be Disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/ITAT-Delhi-Taxscan.jpg "Employee/ Employer Contribution to PF deposited within Due Date of furnishing Income Tax Return can’t be Disallowed: ITAT [Read Order]")