ITAT quashes levy of Penalty by AO for not Auditing Books of Accounts/ furnishing Report of Audit of Books of Accounts on due date of filing ITR
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has quashed the levy of penalty by Assessing Officer (AO) for not auditing books of accounts/...
ITAT deletes Disallowance by AO against Max Medical Services on the revised basis of rate of charging Lease Rental and Maintenance Charge
The Income Tax Appellate Tribunal (ITAT), Delhi Bench deleted the disallowance against Max Medical Services Limited on the basis of the rate of charging lease rental and maintenance charge. The...
![Relief to Flemingo Travel Retail Limited: ITAT quashes Penalty of Rs.2.26 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/Flemingo-Travel-ITAT-Penalty-Taxscan.jpg "Relief to Flemingo Travel Retail Limited: ITAT quashes Penalty of Rs.2.26 Cr [Read Order]")
CSR may qualify for Deduction under Section 80G of Income Tax Act: ITAT grants relief to Goldman Sachs
In a Relief to Goldman Sachs, the Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that Corporate Social Responsibility (CSR) is also eligible for deduction under Section 80G of Income Tax...
Tribunal failed to issue specific directions to AO as to what has to be done after the assessee files the working sheet: Madras HC
The Madras High Court while quashing the order of the tribunal held that though the tribunal directed the assessee to work out the expenditure component towards administrative and managerial aspect so...
