![Form 67 Deemed Directory, Not Mandatory: ITAT Rules FTC Claim Should Not Be Denied for Late Submission [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Bangalore-ITAT-Income-Tax-Appellate-Authority-Form-67-Deemed-Directory-FTC-Rules-FTC-Rule-128-of-the-Income-Tax-Rules-late-filing-of-Form-67-Foreign-Tax-Credit-TAXSCAN.jpg "Form 67 Deemed Directory, Not Mandatory: ITAT Rules FTC Claim Should Not Be Denied for Late Submission [Read Order]")
Form 67 Deemed Directory, Not Mandatory: ITAT Rules FTC Claim Should Not Be Denied for Late Submission [Read Order]
The Bangalore Bench of Income Tax Appellate Authority ( ITAT ) ruled that Foreign Tax Credit should not be denied just because of late filing of Form...
![Non-Appearance before CIT(A) Due to Hearing Notices Sent to Non-Communication Email Address: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Income-Tax-Appellate-Tribunal-Email-address-issues-under-ITAT-Hearing-Notices-TAXSCAN.jpg "Non-Appearance before CIT(A) Due to Hearing Notices Sent to Non-Communication Email Address: ITAT directs Fresh Adjudication [Read Order]")
![CIT(A) cannot dismiss Income Tax Appeal on Limitation Grounds after Condoning Delay: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Income-Tax-Act-Condone-delay-TAXSCAN.jpg "CIT(A) cannot dismiss Income Tax Appeal on Limitation Grounds after Condoning Delay: ITAT [Read Order]")
![140-Day Delay in Filing Appeal before CIT(A) due to wrong Tax Consultant Advice: ITAT condones Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-bangalore-Delay-in-Filing-Appeal-Income-Tax-Appellate-Tribunal-Wrong-Tax-Consultant-Advice-taxscan.jpg "140-Day Delay in Filing Appeal before CIT(A) due to wrong Tax Consultant Advice: ITAT condones Delay [Read Order]")
Hearing Notices Sent by CIT(A) via Email against Assessee's Request in Form 35: ITAT remits Matter to CIT(A) [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) has remitted the matter to the Commissioner of Income Tax (Appeals)[CIT(A)] after finding that hearing notices were sent via email,...
![Hearing Notices Sent by CIT(A) via Email against Assessees Request in Form 35: ITAT remits Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Income-Tax-Appellate-Tribunal-ITAT-News-TAXSCAN.jpeg "Hearing Notices Sent by CIT(A) via Email against Assessees Request in Form 35: ITAT remits Matter to CIT(A) [Read Order]")
19 Days of Delay in Filing Appeal Condoned due to Outdated Email Address: ITAT remits Matter to CIT(A) [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) condoned a delay of 19 days in filing an appeal due to notices being sent to an outdated email address.The delay occurred because the...
![19 Days of Delay in Filing Appeal Condoned due to Outdated Email Address: ITAT remits Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-CITA-Taxscan.jpg "19 Days of Delay in Filing Appeal Condoned due to Outdated Email Address: ITAT remits Matter to CIT(A) [Read Order]")
CIT(A) issues 5 Income Tax Notices within 40 days, Fails to Consider Facts filed in Form 35: ITAT directs Fresh Adjudication [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) directed fresh adjudication after finding that the Commissioner of Income Tax (Appeals) [CIT(A)] had issued five notices within 40 days...
![CIT(A) issues 5 Income Tax Notices within 40 days, Fails to Consider Facts filed in Form 35: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-Income-Tax-Commissioner-of-Income-Tax-Form-35-Fresh-Adjudication-taxscan-1.jpg "CIT(A) issues 5 Income Tax Notices within 40 days, Fails to Consider Facts filed in Form 35: ITAT directs Fresh Adjudication [Read Order]")
Co-operative Societies Offering Credit to its Members Eligible for Deductions u/s 80P(2)(a)(i): ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that co-operative societies providing credit to their members are eligible for deductions under Section 80P(2)(a)(i) of the Income...
![Co-operative Societies Offering Credit to its Members Eligible for Deductions u/s 80P(2)(a)(i): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Banglaore-Income-Tax-Cooperative-societies-tax-deductions-Cooperative-societies-taxscan.jpg "Co-operative Societies Offering Credit to its Members Eligible for Deductions u/s 80P(2)(a)(i): ITAT [Read Order]")
PCIT Adds Rs.1.67 Crore Doubtful Debts to Book Profit u/s 115JB: ITAT Reverses Recognizing Actual Write-Off [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) reverses Principal Commissioner of Income Tax addition of Rs. 1,67,51,026 from doubtful debts to book profit under section 115JB of the...
![PCIT Adds Rs.1.67 Crore Doubtful Debts to Book Profit u/s 115JB: ITAT Reverses Recognizing Actual Write-Off [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-bangalore-PCIT-Adds-Rs.1.67-Crore-Income-Tax-Appellate-Tribunal-section-115JB-Income-Tax-Act-taxscan.jpg "PCIT Adds Rs.1.67 Crore Doubtful Debts to Book Profit u/s 115JB: ITAT Reverses Recognizing Actual Write-Off [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]")
Extended Gap due to Covid 19 Pandemic led to Inability to Track Hearing Notice: ITAT remands case to CIT (A) for Fresh Adjudication [Read Order]
In a recent ruling, the Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has remanded the case to the Commissioner of Income Tax (Appeal) (CIT (A) for fresh adjudication, noting that the...
![Extended Gap due to Covid 19 Pandemic led to Inability to Track Hearing Notice: ITAT remands case to CIT (A) for Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Income-Tax-Appellate-Tribunal-CIT-A-Covid-19-Covid-19-Pandemic-Extended-Gap-Extended-Gap-Due-to-Covid-19-TAXSCAN.jpg "Extended Gap due to Covid 19 Pandemic led to Inability to Track Hearing Notice: ITAT remands case to CIT (A) for Fresh Adjudication [Read Order]")