The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the addition of 1.74 crore after finding that labor expenses capitalized in land value did not warrant deduction claimed in the Profit

SUPREME COURT Services Rendered with Procurement of Goods for Exports are not to be categorised as intermediary services: Supreme Court Dismisses Appeal COMMISSIONER OF G.S.T. AND CENTRAL EXCISE vs M/S SNQS INTERNATIONAL SOCKS PRIVATE LIMITED

In a recent ruling the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) observed that share profit from partnership firm is exempted under Section 10 (2A) of Income Tax Act, 1961. The

This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal ( ITAT ) reported at Taxscan.in during the previous week from march 30, 2024 to April 5 Commissioner cannot invoke Revisional

The Hitachi invited applications for the post of C&P CoE Specialist Qualifications Bachelor’s degree in accounting with CMA/ CA / MBA Up to 4-year experience in Financial Planning and Analysis, with manufacturing experience background preferable Strong

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has granted relief to Hindustan Times by allowing expenditure incurred on paintings, deeming it essential for creating a conducive business environment. The assessee

The Hitachi invited applications for the post of C&P CoE Specialist. Qualifications Bachelor’s degree in accounting with CMA/ CA / MBA Up to 4-year experience in Financial Planning and Analysis, with manufacturing experience background preferable Strong

This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal ( ITAT ) reported at Taxscan.in during the previous week from March 26 to march 30, 2024. Depreciation Claim allowable on Vehicle

The Hitachi invited applications for the post of  C&P CoE Specialist Qualifications Bachelor’s degree in accounting with CMA/ CA / MBA Up to 4-year experience in Financial Planning and Analysis, with manufacturing experience background preferable Strong

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT )  while making directions  to recompute the Short Term Capital Gain( STCG ), held that interest cost can not be claimed as business expenditure

The Income Tax Return ( ITR ) forms for the Financial Year 2023-24 has undergone significant revisions, affecting taxpayers across various categories. These changes require attention and understanding. This article provides a detailed analysis of

This is the weekly round of the Income Tax Appellate Tribunal ( ITAT ) that were published at Taxscan.in from March 16, 2024 to March 22 are analytically summarized in this Round-Up. AO blindly relied Investigation

In a recent development, Tata Chemicals Limited has encountered a significant challenge in the form of a penalty worth Rs 103.63 crore imposed by the Income Tax Department. This penalty stems from a dispute related

This weekly round-up analytically summarizes the key tax judgments of the Supreme Court and all High Courts reported at Taxscan.in during March 10th to March 23rd of 2024. SUPREME COURT False Declaration under IDS to

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT) observed that loan advanced for repayment of business operation liabilities allowable as business expenditure under Section 37(1) of the Income Tax Act, 1961 The issue