Income Tax: ITAT quashes Sec.153C Assessment for want of Notice and Satisfaction Note [Read Order]

Incidental Activities of Trust Carrying Out Charitable Purpose u/s 2(15) Income Tax Act can’t be Deemed as Commercial Activities: ITAT [Read Order]

Audit Report can be revised if disallowance u/s 40 or 43B needs Recalculation: CBDT amends Form 3CD [Read Notification]

Deduction u/s 80HHC Income Tax Act to be Computed after Reducing Deduction u/s 80IA from Profit: ITAT [Read Order]

Reopening not valid when Time Limit for Scrutiny pending from Revised Return filed under Section 139(5): ITAT [Read Order]

Refund of Advances made in preceding years can’t be Deemed as Credit to attract Unexplained Cash Credit: ITAT [Read Order]