![If Incriminating material seized from personal assistant of Assessee, then Constructive Possession must be attributed: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/incriminating-material-seized-personal-assistant-assessee-constructive-possession-Madras-High-Court-Taxscan.jpeg "If Incriminating material seized from personal assistant of Assessee, then Constructive Possession must be attributed: Madras HC [Read Order]")
If Incriminating material seized from personal assistant of Assessee, then Constructive Possession must be attributed: Madras HC [Read Order]
The Madurai Bench of Madras High Court ruled that if incriminating material was seized from the personal assistant of the assessee, then constructive...
![Signing and Verification by Chartered Accountant for Loan Approval: RBI responds to RTI Application [Read RTI Reply]](https://www.taxscan.in/wp-content/uploads/2021/04/RTI-Application-RBI-Verification-Chartered-Accountant-Taxscan.jpeg "Signing and Verification by Chartered Accountant for Loan Approval: RBI responds to RTI Application [Read RTI Reply]")
![Madras High Court directs GST Dept. to Refund Rs.2 cr paid at the time of Investigation [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Madras-High-Court-GST-Dept-Refund-Investigation-Taxscan.jpg "Madras High Court directs GST Dept. to Refund Rs.2 cr paid at the time of Investigation [Read Order]")
![ITAT quashes Ex-Parte Assessment since No Notice for Hearing was served to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/ITAT-Ex-Parte-Assessment-Notice-for-Hearing-Taxscan.jpg "ITAT quashes Ex-Parte Assessment since No Notice for Hearing was served to Assessee [Read Order]")
![Madras HC directs GST Authorities to facilitate the uploading of Form TRAN-1 [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Madras-HC-GST-Authorities-Form-TRAN-1-Taxscan.jpeg "Madras HC directs GST Authorities to facilitate the uploading of Form TRAN-1 [Read Order]")
Delay in filing of Income Tax Return due to Financial Difficulties: ITAT quashes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench, upheld an order of the first appellate authority where the CIT(A) deleted a penalty order imposing Rs. 5000 on a Company for non-furnishing...
![Delay in filing of Income Tax Return due to Financial Difficulties: ITAT quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Delay-filing-of-Income-Tax-Return-Financial-Difficulties-ITAT-Penalty-taxscan.jpg "Delay in filing of Income Tax Return due to Financial Difficulties: ITAT quashes Penalty [Read Order]")
No Income Tax on Interest on Enhanced Compensation from Govt for Compulsory Acquisition of Land: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, while allowing an appeal filed by an assessee, an individual, held that no income tax can be levied on the interest received on enhanced...
![No Income Tax on Interest on Enhanced Compensation from Govt for Compulsory Acquisition of Land: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Income-Tax-on-Interest-Enhanced-Compensation-Compulsory-Acquisition-of-Land-ITAT-Taxscan.jpg "No Income Tax on Interest on Enhanced Compensation from Govt for Compulsory Acquisition of Land: ITAT [Read Order]")
Notice through Affixture served after Office Hours not Valid: ITAT quashes Re-Assessment [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) on Friday quashed a re-assessment under section 147 of the Income Tax Act, 1961 by observing that the notice for the same under section 148...
![Notice through Affixture served after Office Hours not Valid: ITAT quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Notice-Affixture-served-Office-Hours-ITAT-Re-Assessment-Taxscan.jpeg "Notice through Affixture served after Office Hours not Valid: ITAT quashes Re-Assessment [Read Order]")
Non-disposal of Appeal due to Pandemic: ITAT further extends Stay Order for Dell International till September [Read Order]
In a major relief to Dell International Services India Private Limited, the Income Tax Appellate Tribunal (ITAT), Bangalore Bench allowed a further extension of stay to the Company since the appeal...
![Non-disposal of Appeal due to Pandemic: ITAT further extends Stay Order for Dell International till September [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/ITAT-Dell-International-Taxscan.jpg "Non-disposal of Appeal due to Pandemic: ITAT further extends Stay Order for Dell International till September [Read Order]")
Owner eligible to Deduct Cost of Construction from Sale Consideration of Flats received under JDA: ITAT [Read Order]
In an assessee-friendly ruling, the Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the assessee, an owner under the Joint development Agreement, shall be entitled to adjust...
![Owner eligible to Deduct Cost of Construction from Sale Consideration of Flats received under JDA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Cost-of-Construction-Sale-Consideration-Flats-JDA-ITAT-taxscan.jpg "Owner eligible to Deduct Cost of Construction from Sale Consideration of Flats received under JDA: ITAT [Read Order]")
![Re-Assessment based on Mistake of Opinion is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Re-Assessment-Mistake-of-Opinion-ITAT-Taxscan.jpeg "Re-Assessment based on Mistake of Opinion is Invalid: ITAT [Read Order]")