Govt. proposes Tax Incentive for Promoting Post-Harvest Activities of Agriculture
In order to encourage professionalism in post-harvest value addition in agriculture, the Union Finance Minister Arun Jaitley proposed to allow hundred...
![Chattisgarh Exempts E-Way Bill for Intra-State Supplies till 1st March [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/10/E-Way-Bill-under-GST.jpg "Chattisgarh Exempts E-Way Bill for Intra-State Supplies till 1st March [Read Notification]")
Individual can’t be Assessed when Assessment is already carried out in the name of AOP: ITAT [Read Order]
In the recent case of Hanuman Singh vs Income Tax Officer, Jaipur bench of Income Tax Appellate Tribunal (ITAT) held that once the assessment in the hands of AOP has been made, then another assessment...
![Individual can’t be Assessed when Assessment is already carried out in the name of AOP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Assessing-Officer-ITAT-Taxscan.jpg "Individual can’t be Assessed when Assessment is already carried out in the name of AOP: ITAT [Read Order]")
The fact that Stocks are not supported by Purchase Bills cannot be a ground for Equal Addition under Tamil Nadu VAT Act: Madras HC [Read Judgment]
The fact that stocks are not supported by purchase bills cannot be a ground for equal addition under the provisions of Tamil Nadu VAT Act, said the Madras High Court while considering the writ...
![The fact that Stocks are not supported by Purchase Bills cannot be a ground for Equal Addition under Tamil Nadu VAT Act: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/01/Audit-Report-VAT-Taxscan.jpg "The fact that Stocks are not supported by Purchase Bills cannot be a ground for Equal Addition under Tamil Nadu VAT Act: Madras HC [Read Judgment]")
No Penalty If Assessee Discloses Transaction of Sale of Agricultural Land in the hands of assessee’s HUF as the Property was Ancestral: ITAT [Read Order]
Indore bench of Income Tax Appellate Tribunal (ITAT) deleted the penalty imposed by the Assessing Officer (AO) by considering the fact that the assessee conceded the transaction of Sale of...
![No Penalty If Assessee Discloses Transaction of Sale of Agricultural Land in the hands of assessee’s HUF as the Property was Ancestral: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "No Penalty If Assessee Discloses Transaction of Sale of Agricultural Land in the hands of assessee’s HUF as the Property was Ancestral: ITAT [Read Order]")
A Primary Agricultural Credit Society is Entitled to 80P Deduction in respect of Interest received on Deposits with Sub-Treasuries: ITAT [Read Order]
In an assessee-favor ruling, the Cochin bench of ITAT said that the assessee, a primary agricultural credit society is entitled to the benefit of deduction under Section 80P (2) of the Income Tax Act,...
![A Primary Agricultural Credit Society is Entitled to 80P Deduction in respect of Interest received on Deposits with Sub-Treasuries: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Agricultural-Credit-Society-Taxscan.jpg "A Primary Agricultural Credit Society is Entitled to 80P Deduction in respect of Interest received on Deposits with Sub-Treasuries: ITAT [Read Order]")