Santosh Kumar Gangwar to be the Chief Guest at “Annual Central Excise Day 2017” tomorrow
32 Officers of Central Board of Excise and Customs (CBEC) and its formations from all over India to receive “Commendation Certificate” on the...
![Loss due to Fraud Committed by the Employees need not be proved by Producing Evidence of Legal Actions: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Loss due to Fraud Committed by the Employees need not be proved by Producing Evidence of Legal Actions: ITAT Jaipur [Read Order]")
Assessment u/s 153A is Invalid in the Absence of any ‘Incriminating Material’ found during Search: ITAT Kolkata [Read Order]
In Sri Krishna Ghosh v. ACIT, the Income Tax Appellate Tribunal (ITAT), Kolkata bench held that assessment under section 153A of the Income Tax Act must be made only on the basis of incriminating...
![Assessment u/s 153A is Invalid in the Absence of any ‘Incriminating Material’ found during Search: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Re-Assessment-Taxscan.jpg "Assessment u/s 153A is Invalid in the Absence of any ‘Incriminating Material’ found during Search: ITAT Kolkata [Read Order]")
When a Higher Authority remand a matter, the Original Authority need not strictly follow the Time-limit for Producing Documents: Kerala HC
In M/S. Pazhassi Raja Universal Pulic School v. Commissioner of Commercial Taxes & Ors, the Kerala High Court held that When a higher authority remand a matter, the original authority need not...
Absence of Dissolution Clause in the Trust Deed cannot be a reason for Denying Registration: ITAT Mumbai [Read Order]
Recently, in Kamla Nevatia Charitable Trust v. DIT(E), the Mumbai bench of the ITAT held that registration under section 12A of the Income Tax Act cannot be denied to a Trust merely for the reason...
![Absence of Dissolution Clause in the Trust Deed cannot be a reason for Denying Registration: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Absence of Dissolution Clause in the Trust Deed cannot be a reason for Denying Registration: ITAT Mumbai [Read Order]")
Interest u/s 201(1A) of IT Act cannot be levied if the Deductee has returned losses and a Subsequent Assessment shows Positive Income: Allahabad HC
In a recent ruling, the Allahabad High Court confirmed the order of the ITAT that interest under Section 201(1A) of Income Tax Act, 1961 cannot be levied if the deductee has returned losses for...
Sec 80IA(10) cannot be invoked Solely on Ground that there are Common Customers of both Eligible and Non-Eligible units: Bombay HC [Read Order]
Recently, in Malay N. Sanghvi v. ITO, the Bombay High Court held that the profits of an undertaking eligible for deduction cannot be treated as "inflated" by invoking section 80-IB(10) of the Income...
![Sec 80IA(10) cannot be invoked Solely on Ground that there are Common Customers of both Eligible and Non-Eligible units: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-2-Tax-Scan.jpg "Sec 80IA(10) cannot be invoked Solely on Ground that there are Common Customers of both Eligible and Non-Eligible units: Bombay HC [Read Order]")
![Order cannot be passed on Mere Ground that Assessee failed to File Objection: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Madras-High-Court-Tax-Scan-1.jpg "Order cannot be passed on Mere Ground that Assessee failed to File Objection: Madras HC [Read Order]")