![NCLT to hold hearings virtually amid Covid-19 Second Wave [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/NCLT-hearings-virtually-Covid-19-Second-Wave-Taxscan.jpg "NCLT to hold hearings virtually amid Covid-19 Second Wave [Read Order]")
NCLT to hold hearings virtually amid Covid-19 Second Wave [Read Order]
The National Company Law Tribunal ( NCLT ) has decided to take up regular hearings through Video Conference with effect from April 12 at all NCLT...
![Penalty proceedings u/s 271(1)(c) not sustainable if reason not specified: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Penalty-proceedings-ITAT-Taxscan.jpeg "Penalty proceedings u/s 271(1)(c) not sustainable if reason not specified: ITAT [Read Order]")
Tribunal lacks power to condone delay in filing the appeal before Commissioner (Appeals) beyond period of 90 days : CESTAT [Read Order]
The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT), Delhi Bench ruled that the Tribunal lacks the power to condone any delay beyond the period of 90 days. The appellant, M/s Shambhu...
![Tribunal lacks power to condone delay in filing the appeal before Commissioner (Appeals) beyond period of 90 days : CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Tribunal-CESTAT-Taxscan.jpg "Tribunal lacks power to condone delay in filing the appeal before Commissioner (Appeals) beyond period of 90 days : CESTAT [Read Order]")
Govt. notifies Tribunal Reforms (Rationalisation and Conditions of Service), Ordinance 2021 to reduce Tenure of Tribunal Members, their appointment [Read Notification]
The Ministry of Law and Justice has notified the Tribunal Reforms (Rationalisation and Conditions of Service), Ordinance 2021 to reduce Tenure of Tribunal Members, their appointment. The Tribunal...
![Govt. notifies Tribunal Reforms (Rationalisation and Conditions of Service), Ordinance 2021 to reduce Tenure of Tribunal Members, their appointment [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/Tribunal-Reforms-Rationalisation-Conditions-of-Service-Ordinance-2021-Tenure-of-Tribunal-Members-Taxscan.jpg "Govt. notifies Tribunal Reforms (Rationalisation and Conditions of Service), Ordinance 2021 to reduce Tenure of Tribunal Members, their appointment [Read Notification]")
ITAT directs AO to Fresh Consideration for Additions made after Completion of Assessment without Incriminating Evidence
The Indore Bench of the Income Tax Appellate Tribunal directed the Assessing Officer to re-examine the additions made for years in respect of which assessments were completed, as well as an addition...
Deduction u/s 80HHC Income Tax Act to be Computed after Reducing Deduction u/s 80IA from Profit: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal held that deduction allowed under Sec. 80-IA of Income Tax Act had to be reduced from the profits for computing deduction under Sec. 80HHC of...
![Deduction u/s 80HHC Income Tax Act to be Computed after Reducing Deduction u/s 80IA from Profit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Deduction-Income-Tax-Act-Deduction-Profit-ITAT-Taxscan.jpeg "Deduction u/s 80HHC Income Tax Act to be Computed after Reducing Deduction u/s 80IA from Profit: ITAT [Read Order]")
![ITAT remits the matter to AO on issue of non-grant of Depreciation on Goodwill [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-AO-non-grant-depreciation-goodwill-taxscan.jpeg "ITAT remits the matter to AO on issue of non-grant of Depreciation on Goodwill [Read Order]")
![ITAT restores matter to AO to determine Deduction of Business Income and Interest Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-AO-deduction-of-business-income-interest-income-Taxscan.jpg "ITAT restores matter to AO to determine Deduction of Business Income and Interest Income [Read Order]")