![ITAT Orders Re-Examination of Rs.83 Lakh Dispute for Shipping Firm, Cites Contingent Liability Error [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Delhi-ITAT-Orders-Re-examination-TAXSCAN.jpg "ITAT Orders Re-Examination of Rs.83 Lakh Dispute for Shipping Firm, Cites Contingent Liability Error [Read Order]")
ITAT Orders Re-Examination of Rs.83 Lakh Dispute for Shipping Firm, Cites Contingent Liability Error [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has directed a fresh verification in the case of Howe Robinson Shipping India Pvt. Ltd....
![Corpus Contributions to Section 12A Registered Trust Not Taxable, Treated as Capital Receipts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Ahmedabad-Corpus-donation-not-taxable-ITAT-TAXSCAN.jpg "Corpus Contributions to Section 12A Registered Trust Not Taxable, Treated as Capital Receipts: ITAT [Read Order]")
![Bank account attached during pendency of appeal: Madras HC directs disposal within two months [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Madras-High-court-Bank-account-attached-during-appeal-TAXSCAN.jpg "Bank account attached during pendency of appeal: Madras HC directs disposal within two months [Read Order]")
![New Provision for Cross-Verification of Inconsistencies in ITR: Finance Bill 2025 [Read Bill]](https://www.taxscan.in/wp-content/uploads/2025/03/New-Provision-Cross-Verification-Inconsistencies-ITR-Finance-Bill-taxscan.jpg "New Provision for Cross-Verification of Inconsistencies in ITR: Finance Bill 2025 [Read Bill]")
![Denial of S.80P Deduction Over Late Filing: ITAT Rules Appeal Infructuous [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Rajkot-Section-80P-Deduction-TAXSCAN.jpg "Denial of S.80P Deduction Over Late Filing: ITAT Rules Appeal Infructuous [Read Order]")
![Late Submission of Form 56F for S.10AA Deduction: ITAT Restores Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Ahmedabad-Form-56F-Form-56F-Late-submission-Section-10AA-of-Income-Tax-Act-Taxscan.jpg "Late Submission of Form 56F for S.10AA Deduction: ITAT Restores Deduction [Read Order]")
ITAT remands Case Back to AO for Re-Assessment, due to Lack of Proper Procedure in Capital Gains Adjustment [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case of the assessee to the Assessing Officer ( AO ) for reassessment of the capital gain, highlighting the failure to follow...
![ITAT remands Case Back to AO for Re-Assessment, due to Lack of Proper Procedure in Capital Gains Adjustment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Kolkata-Capital-Gain-Income-Tax-Appellate-Tribunal-ITAT-on-Lack-of-Procedure-in-Capital-Gains-taxscan.jpg "ITAT remands Case Back to AO for Re-Assessment, due to Lack of Proper Procedure in Capital Gains Adjustment [Read Order]")
Transactions in Agricultural Lands classified as Business Income as per Company Objectives: ITAT Deletes Addition u/s 56 [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) held that Transactions and Commissions on agricultural lands would be considered business income if the company's Memorandum of...
![Transactions in Agricultural Lands classified as Business Income as per Company Objectives: ITAT Deletes Addition u/s 56 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Mumbai-Income-Tax-Appellate-Tribunal-Income-tax-case-on-Agricultural-Land-Transactions-taxscan.jpg "Transactions in Agricultural Lands classified as Business Income as per Company Objectives: ITAT Deletes Addition u/s 56 [Read Order]")
Consideration of Commission Income over Gross Sales: ITAT allows Full Credit Eligibility for Commission Agents [Read Order]
The Visakhapatnam Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed full Tax Deducted at Source ( TDS ) credit for commission agents citing CBDT Circular No. 452 which clarifies that only...
![Consideration of Commission Income over Gross Sales: ITAT allows Full Credit Eligibility for Commission Agents [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Visakhapatnam-Tax-Deducted-at-Source-TDS-Credit-Eligibility-under-CBDT-Circular-CBDT-Circular-No.-452-Guidelines-Taxscan.jpg "Consideration of Commission Income over Gross Sales: ITAT allows Full Credit Eligibility for Commission Agents [Read Order]")
364 Days Delay in Filing Appeal Due to Pursuit of Alternative Remedy u/s 119 of Income Tax Act: ITAT Condones Delay [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) of Banglore in a recent case condoned a 364-day delay in filing appeal, noting that the delay was caused as a result of the assessee pursuing an alternative...
![364 Days Delay in Filing Appeal Due to Pursuit of Alternative Remedy u/s 119 of Income Tax Act: ITAT Condones Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-Delay-in-Filing-Appeal-Pursuit-of-Alternative-Remedy-Section-119-Income-Tax-Act-taxscan.jpg "364 Days Delay in Filing Appeal Due to Pursuit of Alternative Remedy u/s 119 of Income Tax Act: ITAT Condones Delay [Read Order]")
Cash Seized from Partner’s Premises Cannot Be Adjusted Against Partnership Firm’s Tax Liability: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that cash seized from a partner's premises cannot be automatically deemed adjustable against the partnership firm's tax liability. ...
![Cash Seized from Partner’s Premises Cannot Be Adjusted Against Partnership Firm’s Tax Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-ITAT-Bangalore-ITAT-Updates-Partnership-Firm-Tax-TAXSCAN.jpg "Cash Seized from Partner’s Premises Cannot Be Adjusted Against Partnership Firm’s Tax Liability: ITAT [Read Order]")