![Voluntary Deposit of tax shall not be considered as Admission of Guilt before receiving notice u/s 148 of Income Tax Act: ITAT deletes penalty u/s 271 (1) (c) I.T. Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Voluntary-Deposit-of-tax-considered-as-Admission-of-Guilt-before-receiving-notice-Income-Tax-Act-ITAT-deletes-penalty-I.T.Act-TAXSCAN.jpg "Voluntary Deposit of tax shall not be considered as Admission of Guilt before receiving notice u/s 148 of Income Tax Act: ITAT deletes penalty u/s 271 (1) (c) I.T. Act [Read Order]")
Voluntary Deposit of tax shall not be considered as Admission of Guilt before receiving notice u/s 148 of Income Tax Act: ITAT deletes penalty u/s 271 (1) (c) I.T. Act [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that voluntary deposit of tax should not be considered as admission of guilt before...
![Non-Consideration of Sale Deed to determine Nature of Sold Land as Agricultural: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Non-Consideration-Sale-Deed-determine-Nature-Sold-Land-Agricultural-ITAT-directs-Re-adjudication-taxscan.jpg "Non-Consideration of Sale Deed to determine Nature of Sold Land as Agricultural: ITAT directs Re-adjudication [Read Order]")
![ITAT upholds 10% Tax on Fee for Technical Services under Article 12(4) India-Singapore DTAA as Service Provider Transfers all Documents to Service Receiver [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/ITAT-upholds-Tax-Fee-Technical-Services-India-Singapore-DTAA-Service-Provider-Transfers-Documents-Service-Receiver-taxscan.jpg "ITAT upholds 10% Tax on Fee for Technical Services under Article 12(4) India-Singapore DTAA as Service Provider Transfers all Documents to Service Receiver [Read Order]")
![Forfeiture of Share Application money is Capital Receipt, not Revenue Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Forfeiture-of-Share-Application-money-Capital-Receipt-not-Revenue-Receipt-ITAT-income-tax-taxscan.jpg "Forfeiture of Share Application money is Capital Receipt, not Revenue Receipt: ITAT [Read Order]")
![ITAT directs AO to allow Indexation on cost of acquisition and improvement while Computing Long term capital gain for Computation done separately makes assessee Pay additional Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/ITAT-directs-AO-to-indexation-on-cost-of-acquisition-and-improvement-while-computing-long-term-capital-gain-for-computation-separately-pay-additional-tax-TAXSCAN.jpg "ITAT directs AO to allow Indexation on cost of acquisition and improvement while Computing Long term capital gain for Computation done separately makes assessee Pay additional Tax [Read Order]")
Failure to follow proper procedure to serving notice for assessment proceedings: ITAT deletes Penalty imposed u/s 271(1)(b) of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi bench has deleted the penalty imposed under Section 271(1)(b) of the Income Tax Act, 1961 due to failure to follow proper procedure to serve notice for...
![Failure to follow proper procedure to serving notice for assessment proceedings: ITAT deletes Penalty imposed u/s 271(1)(b) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Failure-to-follow-proper-procedure-to-serving-notice-assessment-proceedings-ITAT-deletes-penalty-Income-Tax-Act-TAXSCAN.jpg "Failure to follow proper procedure to serving notice for assessment proceedings: ITAT deletes Penalty imposed u/s 271(1)(b) of Income Tax Act [Read Order]")
No addition shall be made without making Independent inquiry from concerned builder regarding purchase of property: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi bench held that no addition should be made without making independent inquiry from concerned builder regarding the purchase of the property. ...
![No addition shall be made without making Independent inquiry from concerned builder regarding purchase of property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-addition-without-Independent-inquiry-concerned-builder-regarding-purchase-property-ITAT-TAXSCAN.jpg "No addition shall be made without making Independent inquiry from concerned builder regarding purchase of property: ITAT [Read Order]")
Addition cannot be Deleted merely for Mentioning Section 68 Instead of Section 69 of Income Tax Act when Cash Deposit of Rs. 49,000/- Found Each Time in Bank Account: ITAT
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the addition could not be deleted merely for mentioning Section 68 instead of Section 69 of the Income Tax Act , 1961 when the...
ITAT directs Re-Adjudication on Income Tax Exemption to Global Research Forum on Diaspora and Transnationalism [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that examination of Memorandum of Association would clarify the services in lieu of consideration and so the amount was in the nature of...
![ITAT directs Re-Adjudication on Income Tax Exemption to Global Research Forum on Diaspora and Transnationalism [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Re-Adjudication-Income-Tax-Exemption-Global-Research-Forum-taxscan.jpg "ITAT directs Re-Adjudication on Income Tax Exemption to Global Research Forum on Diaspora and Transnationalism [Read Order]")
Charging of Fees for conducting Matches or Tournament in Rifle Shooting is not Commercial Activity : ITAT grants relief to Haryana Rifle Association [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) granting relief to Haryana Rifle Association ruled that charging of fees for conducting matches or tournaments in rifle shooting is not...
![Charging of Fees for conducting Matches or Tournament in Rifle Shooting is not Commercial Activity : ITAT grants relief to Haryana Rifle Association [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Charging-of-Fees-for-conducting-Matches-or-Tournament-in-Rifle-Shooting-is-Commercial-Activity-ITAT-grants-relief-to-Haryana-Rifle-Association-.jpg "Charging of Fees for conducting Matches or Tournament in Rifle Shooting is not Commercial Activity : ITAT grants relief to Haryana Rifle Association [Read Order]")
![No addition can be made on basis of credit entry not enter in books of account of assessee : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-addition-basis-credit-entry-enter-books-account-assessee-ITAT-TAXSCAN.jpg "No addition can be made on basis of credit entry not enter in books of account of assessee : ITAT [Read Order]")
Pre-Operative Expenses of Developing Business Activities shall not be disallowed: ITAT Grant Relief to Honda Access [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) while granting relief to Honda Access held that pre -operative expenses of developing business activities should not be disallowed. The...
![Pre-Operative Expenses of Developing Business Activities shall not be disallowed: ITAT Grant Relief to Honda Access [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Pre-Operative-Expenses-Development-Business-Activities-disallowance-ITAT-Honda-Access-Relief-taxscan.jpg "Pre-Operative Expenses of Developing Business Activities shall not be disallowed: ITAT Grant Relief to Honda Access [Read Order]")