The Income Tax Appellate Tribunal (ITAT), Jaipur bench has condoned a delay of 31 days in filing an appeal since the misplacing of CIT(A) order by regular tax consultant is not a deliberate delay on...
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the imposition of late fee under section 234E of the Income Tax Act, 1961 is mandatory and consequential in nature and...
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Jaipur bench has held that the income tax law does not permit the assessee to set off the amount of loss from the sale of...
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the addition cannot be made against an individual member of the family agrees that the gold in possession belongs to them. The...
The Income Tax Appellate Tribunal (ITAT), Bangalore has deleted the penalty against State Bank of India (SBI) on not deducting tax at source from the payment towards Leave Travel Concession consisting of foreign travel. The...
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the levy of late fee under section 234E of the Income Tax Act, 1961 for the delay or default in submitting...
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the sole proprietor cannot be eligible for a tax deduction for his own education expenses as the same cannot be treated as...
The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that, No Disallowance of Expenditure for Non-Deduction of Tax on Services and Payments Made Outside of India. The ITAT has also...
In recent case Income Tax Appellate Tribunal ( ITAT ), Jaipur held that even if some discrepancies were found during the survey resulting in surrender of income by the assessee, once the assessee has declared...
The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that, Determining Fair Market Value of the Property without Converting Limited Scrutiny to Comprehensive Scrutiny is Nullity. In a recent case,...
In a recent case, the Income Tax Appellate Tribunal, Jaipur held that the notice under Section 148 of the Income Tax Act, issued in the name of the deceased assessee is a nullity in the...
The Income Tax Appellate Tribunal (ITAT), Jaipur has held that the salary paid to teachers, lectures and staff by the college would not amount to the fee for technical services and the same is subject...
The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT) has held that the deduction under section 54B and 54F of the Income Tax Act is allowable when the sale in question is made...
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the defect in the notice issued by the income tax department would nullify the entire penalty proceedings against the assessee. A survey...
In a recent ruling, the Jaipur bench of the ITAT has condoned the delay in filing an appeal before the Commissioner of Income Tax (Appeals) as the Chartered Accountant of the assessee was busy with...
The Income Tax Appellate Tribunal (ITAT) Jaipur on Thursday allowed an assessee to re-file an appeal which was supposed to be filed electronically but was instead done manually. The Assessee, Mr. Devendra Agarwal, was imposed...
The Income Tax Appellate Tribunal (ITAT), Jaipur has directed the Assessing Officer to wait till the Supreme Court pronounce a judgment in Sharda Pareek v. Assistant Commissioner of Income Tax & another, where the question...
The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT ) has held that addition cannot made merely on the ground that the expenditure is for non-business purposes. During the assessment proceedings, the Assessing...
The Income Tax Appellate Tribunal (ITAT), Jaipur has held that the delay in the completion of the statutory audit can be a reasonable cause for delay in filing of the tax audit report. Coming to...
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 would not render penal liability under section 271(1)(c)...
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the late fee can be levied for delay in filing TDS Statement for the period after 1.6.2015 if there is a continuing...
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