Read all Latest Updates on and about Accountant Member B.R.Baskaran

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AO shall not make Addition u/s 69A of Income Tax solely Relying on Whatsapp Image without any Corroborative Evidence: ITAT terms it ‘Dumb Document’ [Read Order]

Navasree A.M

The Income Tax Appellate Tribunal ( ITAT ) , Mumbai Bench, has held that an addition under Section 69A of the Income Tax Act, 1961 cannot be...

No Tax on Redevelopment Flats u/s 56(2)(x) of Income Tax Act: ITAT

Long-Term Capital Gains cannot be deemed Bogus as AO fails to prove Price Rigging: ITAT [Read Order]

ITAT invalidates Reassessment proceeding: No addition made by AO in respect of the issue for which...

₹3 Crores Gift from NRI Son to Mother Deemed Valid and Non-Taxable: ITAT Citing Donor's Sufficient...

ITAT Condones Delay Due to Rectification Efforts and CA's Death, Restores Case to CIT(A) [Read Order]

The Mumbai Bench of Income Tax Appellate Tribunal(ITAT)condoned the delay in filing an appeal by the assessee due to ongoing rectification efforts and the death of its Chartered Accountant(CA) and...

Nationalized Banks now liable for Minimum Alternate Tax after 2012 Income Tax Amendment: ITAT [Read Order]

In a significant ruling, the Special bench of Income Tax Appellate Tribunal ( ITAT ) of Mumbai held that nationalized banks are liable for Minimum Alternate Tax ( MAT ) following amendments...

Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c) [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) in a recent decision reaffirmed the need for ensuring clarity and avoiding all sorts of procedural ambiguity while issuing Notices and...

ITAT upholds CIT (A) Ruling deleting Addition Made by AO on Bogus LTCG Due to Lack of Inquiry [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the revenue's appeal, upholding the Commissioner of Income Tax (Appeals) [ CIT(A) ]'s decision to delete the addition made by...

Change in Section for Claiming Exemption cannot be considered as Fresh Claim: ITAT allows LTCG Exemption u/s 10(38) to Trust [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ), while granting LTCG ( Long Term Capital Gain) Income tax exemption to the assessee trust under Section 10(38) of the Income Tax Act,...

Section 249(4)(b) does not Apply when there is No question of Advance Tax in Income Tax Reassessment Proceedings: ITAT [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that Section 249(4)(b) of Income Tax Act, 1961 does not apply when there is no question of advance tax payment in the income tax...

ITAT Annual Digest [Part 16]

This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in Roaming Charges paid by Vodafone India to Other Telecom Operators Not subject to TDS u/s 194C or...