![Making Wrong Claim u/s 54 instead of 54F wouldn’t attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Wrong-Claim-ITAT-Deduction-Taxscan.jpg "Making Wrong Claim u/s 54 instead of 54F wouldn’t attract Penalty: ITAT [Read Order]")
Making Wrong Claim u/s 54 instead of 54F wouldn’t attract Penalty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur bench has held that making a wrong claim under section 54 of the Income Tax Act, 1961 instead of 54F...
![Roaming Charges paid by Bharti Airtel to Other Telecom Companies not attract TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Airtel-Tax-Taxscan.jpg "Roaming Charges paid by Bharti Airtel to Other Telecom Companies not attract TDS: ITAT [Read Order]")
![Spice Jet not liable to deduct TDS on Tickets Booked through Debit/ Credit Cards: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Spice-Jet-ITAT-Taxscan.jpg "Spice Jet not liable to deduct TDS on Tickets Booked through Debit/ Credit Cards: ITAT [Read Order]")
![Past Savings kept in Locker not Unexplained Investment If Source is Explained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Unexplained-Investment-ITAT-Taxscan.jpg "Past Savings kept in Locker not Unexplained Investment If Source is Explained: ITAT [Read Order]")
Addition by Adopting Carbon Credit Receipt of Earlier Years is Baseless against Cannons of Taxation: ITAT [Read Order]
In a significant ruling regarding taxation of receipts of carbon credit, the Income Tax Appellate Tribunal (ITAT), Bangalore has held that the addition made by adopting receipt from carbon credit of...
![Addition by Adopting Carbon Credit Receipt of Earlier Years is Baseless against Cannons of Taxation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Carbon-Credit-ITAT-Taxscan.jpg "Addition by Adopting Carbon Credit Receipt of Earlier Years is Baseless against Cannons of Taxation: ITAT [Read Order]")
![Income Tax Exemption available for New House purchased in Foreign Countries: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Income-Tax-Exemption-ITAT-Taxscan.jpg "Income Tax Exemption available for New House purchased in Foreign Countries: ITAT [Read Order]")
Dept can’t insist to produce Vouchers for Agricultural Produces traded in Local Markets: ITAT allows Expenses [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the income tax department cannot insist the assessee to produce vouchers for agricultural produces traded in the local markets. ...
![Dept can’t insist to produce Vouchers for Agricultural Produces traded in Local Markets: ITAT allows Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Agricultural-Produces-ITAT-Taxscan.jpg "Dept can’t insist to produce Vouchers for Agricultural Produces traded in Local Markets: ITAT allows Expenses [Read Order]")
Forfeiture of Earnest Money received during Negotiation of Capital Assets not taxable as Other Income before 2015: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the forfeiture of earnest money received during the negotiation of capital assets not taxable as other income before the...
![Forfeiture of Earnest Money received during Negotiation of Capital Assets not taxable as Other Income before 2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Capital-Assets-ITAT-Taxscan.jpg "Forfeiture of Earnest Money received during Negotiation of Capital Assets not taxable as Other Income before 2015: ITAT [Read Order]")
![Network Rights is Goodwill: ITAT allows Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Network-Rights-Depreciation-Taxscan.jpg "Network Rights is Goodwill: ITAT allows Depreciation [Read Order]")
![IBBI issues Charter on Responsibilities of Insolvency Professionals and CoC [Read Charter]](https://www.taxscan.in/wp-content/uploads/2018/02/Insolvency-and-Bankruptcy-Board-of-India.jpg "IBBI issues Charter on Responsibilities of Insolvency Professionals and CoC [Read Charter]")