![No application of Sec 43CA on absence of element of Transfer: ITAT deletes Income Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/application-ITAT-Income-Tax-Addition-TAXSCAN-1.jpg "No application of Sec 43CA on absence of element of Transfer: ITAT deletes Income Addition [Read Order]")
No application of Sec 43CA on absence of element of Transfer: ITAT deletes Income Addition [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), deleted income tax addition and held that no application of Sec 43CA of the Income Tax...
![No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/exemption-Income-from-agricultural-land-capital-ITAT-TAXSCAN.jpg "No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]")
![Agricultural Land acquired under Compulsory Acquisition is Exempt Income u/s 10(37): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Agricultural-Land-Acquisition-Income-ITAT-taxscan.jpg "Agricultural Land acquired under Compulsory Acquisition is Exempt Income u/s 10(37): ITAT [Read Order]")
![ITAT allows Capital Gain Exemption u/s 54B on Sale of Agricultural Land even if Land is cultivated for some days during Relevant Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-agricultural-land-taxscan.jpg "ITAT allows Capital Gain Exemption u/s 54B on Sale of Agricultural Land even if Land is cultivated for some days during Relevant Years [Read Order]")
![Farm House is part of Agricultural Land and eligible for Deduction u/s 10(37): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Farm-house-agricultural-land-deduction-ITAT.jpg "Farm House is part of Agricultural Land and eligible for Deduction u/s 10(37): ITAT [Read Order]")
Capital Gain Exemption u/s 54B cannot be claimed for Agricultural Land purchased in Wife’s Name: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain exemption under section 54B of the Income Tax Act, 1961 cannot be claimed for the agricultural land...
![Capital Gain Exemption u/s 54B cannot be claimed for Agricultural Land purchased in Wife’s Name: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Capital-Gain-Exemption-Agricultural-Land-purchased-Wifes-Name-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54B cannot be claimed for Agricultural Land purchased in Wife’s Name: ITAT [Read Order]")
Rural Agricultural Land acquired by Govt for Business Activity u/s 2(13) Eligible for Exemption: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has held that rural agricultural land acquired by Government for business activity u/s 2 (13) is eligible for Exemption. The assessee,...
![Rural Agricultural Land acquired by Govt for Business Activity u/s 2(13) Eligible for Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Rural-Agricultural-Land-Government-Business-Activity-Exemption-ITAT-Taxscan.jpeg "Rural Agricultural Land acquired by Govt for Business Activity u/s 2(13) Eligible for Exemption: ITAT [Read Order]")
Addition u/s 69 can't make without considering Corroborative Evidence, an opportunity to hear must be given: ITAT [Read Order]
The Amritsar bench of Income Tax Appellate Tribunal (ITAT) consisting of Dr M L Meena, AM and Shri Anikesh Banerjee, JM has held that addition u/s 69 of the Income Tax Act 1961 can’t make without...
![Addition u/s 69 cant make without considering Corroborative Evidence, an opportunity to hear must be given: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Addition-corroborative-evidence-opportunity-ITAT-Taxscan.jpeg "Addition u/s 69 cant make without considering Corroborative Evidence, an opportunity to hear must be given: ITAT [Read Order]")
![Income from Agricultural Land can’t be added under Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-agricultural-land-Capital-Gain-ITAT-Taxscan.jpeg "Income from Agricultural Land can’t be added under Capital Gain: ITAT [Read Order]")
Service Tax Levy depends on Services rendered, not on basis of Agreements where No Payment received by Service Provider: CESTAT grants relief to Adithya Builders [Read Order]
In a major relief to the Adithya Builders and Developers, the Banglore Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that Service Tax Levy depends on services rendered,...
![Service Tax Levy depends on Services rendered, not on basis of Agreements where No Payment received by Service Provider: CESTAT grants relief to Adithya Builders [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Service-Tax-Levy-Services-rendered-Agreements-No-Payment-Service-Provider-CESTAT-Adithya-Builders-Taxscan.jpg "Service Tax Levy depends on Services rendered, not on basis of Agreements where No Payment received by Service Provider: CESTAT grants relief to Adithya Builders [Read Order]")
Capital Gains arising on Sale of Agricultural Land which is not a Capital Asset shall not be chargeable to Income Tax: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad held that the Capital gains arising on sale of agricultural land which is not a capital asset shall not be chargeable to Income tax. The...
![Capital Gains arising on Sale of Agricultural Land which is not a Capital Asset shall not be chargeable to Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/Capital-gains-sale-of-agricultural-land-capital-asset-Income-tax-ITAT-Taxscan.jpg "Capital Gains arising on Sale of Agricultural Land which is not a Capital Asset shall not be chargeable to Income Tax: ITAT [Read Order]")
ITAT upholds Addition on Account of Unaccounted Cash as no mention of Agricultural Land on Translated Document [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench upheld addition on account of unaccounted cash towards sale of land as no mention of agricultural land on translated document. The...
![ITAT upholds Addition on Account of Unaccounted Cash as no mention of Agricultural Land on Translated Document [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-unaccounted-cash-agricultural-land-translated-document-Taxscan.jpg "ITAT upholds Addition on Account of Unaccounted Cash as no mention of Agricultural Land on Translated Document [Read Order]")