![ITAT upholds Addition on the basis of Confession made at the Time of Survey [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/survey-ITAT-Taxscan.jpeg "ITAT upholds Addition on the basis of Confession made at the Time of Survey [Read Order]")
ITAT upholds Addition on the basis of Confession made at the Time of Survey [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cuttack Bench upheld the addition on the basis of Confession made at the time of survey. The...
![Relief to Deloitte: Taxes paid at Maximum Marginal Rate, No Loss to Revenue for not charging Interest, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Deloitte-Haskins-and-Sells-Taxes-maximum-marginal-rate-loss-of-revenue-charging-interest-ITAT-Taxscan.jpg "Relief to Deloitte: Taxes paid at Maximum Marginal Rate, No Loss to Revenue for not charging Interest, rules ITAT [Read Order]")
![Income Tax Department finalises ITBA Assessment Module for Selection of Scrutiny cases under CASS [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/05/Income-Tax-Dept-ITBA-Assessment-Module-Scrutiny-cases-CASS-Taxscan.jpg "Income Tax Department finalises ITBA Assessment Module for Selection of Scrutiny cases under CASS [Read Circular]")
Income Tax: PCIT can’t expand Limited Scrutiny while invoking Revisional Jurisdiction, says ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the addition against the wife cannot be made solely relying upon statements of the husband recorded under section 131 of Income Tax...
![Income Tax: PCIT can’t expand Limited Scrutiny while invoking Revisional Jurisdiction, says ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/PCIT-Limited-Scrutiny-Revisional-Jurisdiction-ITAT-Taxscan.jpg "Income Tax: PCIT can’t expand Limited Scrutiny while invoking Revisional Jurisdiction, says ITAT [Read Order]")
ITAT deletes Addition as Foreign Travel Expenses incurred by Assessee were genuine and meant for Business purpose only [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench deleted the addition as foreign travel expenses incurred by the assessee were genuine and meant for business purposes only. The assessee,...
![ITAT deletes Addition as Foreign Travel Expenses incurred by Assessee were genuine and meant for Business purpose only [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-foreign-travel-expenses-business-purpose-Taxscan.jpg "ITAT deletes Addition as Foreign Travel Expenses incurred by Assessee were genuine and meant for Business purpose only [Read Order]")
ITAT deletes Disallowance made on Bonus, Commission paid to the Directors as per Agreements of Appointment [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench deleted the disallowance made on bonus, commission paid to the directors as per agreements of appointment. The assessee, M/s. Hamilton &...
![ITAT deletes Disallowance made on Bonus, Commission paid to the Directors as per Agreements of Appointment [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-disallowance-bonus-agreements-of-appointment-Taxscan.jpg "ITAT deletes Disallowance made on Bonus, Commission paid to the Directors as per Agreements of Appointment [Read Order]")
Tax Authorities can’t evade responsibility to ensure only correct and due Taxes are collected, No Taxpayer to be burdened with unfair additions: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench held that the Tax authorities can not evade responsibility to ensure only correct and due taxes are collected and no taxpayer to be burdened...
![Tax Authorities can’t evade responsibility to ensure only correct and due Taxes are collected, No Taxpayer to be burdened with unfair additions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-due-taxes-taxpayer-tax-authorities-taxscan.jpg "Tax Authorities can’t evade responsibility to ensure only correct and due Taxes are collected, No Taxpayer to be burdened with unfair additions: ITAT [Read Order]")
No Adverse inference to be drawn if Shareholders failed to respond to Notice issued by AO: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench while deleting the addition ruled that no adverse inference to be drawn if shareholders failed to respond to the notice issued by the AO. The...
![No Adverse inference to be drawn if Shareholders failed to respond to Notice issued by AO: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/shareholders-notice-AO-ITAT-Taxscan.jpg "No Adverse inference to be drawn if Shareholders failed to respond to Notice issued by AO: ITAT deletes Addition [Read Order]")
Gift is to be treated as genuine when Assessee discharges onus of proving Identity, Creditworthiness and Relationship: ITAT deletes Addition
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench while deleting the addition ruled that gift is to be treated as genuine when assessee discharges onus of proving identity, creditworthiness and...
Business Promotion Expenses incurred exclusively for the purpose of business can’t be Disallowed: ITAT remits the matter to AO [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench while remitting the matter back to the Assessing Officer (AO) ruled that the Business Promotion Expenses incurred exclusively for the purpose...
![Business Promotion Expenses incurred exclusively for the purpose of business can’t be Disallowed: ITAT remits the matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Business-Promotion-Expenses-ITAT-AO-Taxscan.jpg "Business Promotion Expenses incurred exclusively for the purpose of business can’t be Disallowed: ITAT remits the matter to AO [Read Order]")