![Denial of deduction claimed u/s 80P(2)(d) of IT Act regard to interest received from Co-Operative Banks /Scheduled Banks : ITAT Directs Re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-Bangalore-Co-Operative-Banks-Scheduled-Banks-taxscan.jpg "Denial of deduction claimed u/s 80P(2)(d) of IT Act regard to interest received from Co-Operative Banks /Scheduled Banks : ITAT Directs Re adjudication [Read Order]")
Denial of deduction claimed u/s 80P(2)(d) of IT Act regard to interest received from Co-Operative Banks /Scheduled Banks : ITAT Directs Re adjudication [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal ( ITAT ) directed re adjudication upon the denial of deduction claimed under Section 80(2)(d) of...
![Dispute in Concessional Rate of Tax while processing Return of Income: ITAT directs to verify documents with respect to Form 10-IC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Income-Tax-Appellate-Tribunal-ITAT-mumbai-Form-10-IC-TAXSCAN.jpg "Dispute in Concessional Rate of Tax while processing Return of Income: ITAT directs to verify documents with respect to Form 10-IC [Read Order]")
![Capital Expenditure in Tax Audit Report: ITAT sets aside Claim of Deduction of Expenditure on Masala Grinder and Toaster [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Capital-Expenditure-tax-audited-report-ITAT-deduction-claim-of-deduction-masala-grinder-and-toaster-taxscan.jpeg "Capital Expenditure in Tax Audit Report: ITAT sets aside Claim of Deduction of Expenditure on Masala Grinder and Toaster [Read Order]")
![No addition based on outcome of Confirmatory Letters when assessee proved genuineness of business transactions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/No-addition-addition-Confirmatory-Letters-addition-based-on-outcome-of-Confirmatory-Letters-when-assessee-Business-Transactions-ITAT-taxscan.jpg "No addition based on outcome of Confirmatory Letters when assessee proved genuineness of business transactions: ITAT [Read Order]")
ITAT directs Re-adjudication with respect to contracts and bills of Client Code Modification carried out by Brokers and Assessee [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench directed readjudication with respect to contracts and bills of client code modification (CCM)carried out by brokers and assessee. The...
![ITAT directs Re-adjudication with respect to contracts and bills of Client Code Modification carried out by Brokers and Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Readjudication-contracts-Client-Code-Modification-Brokers-and-Assessee-taxscan.jpg "ITAT directs Re-adjudication with respect to contracts and bills of Client Code Modification carried out by Brokers and Assessee [Read Order]")
ITAT directs re adjudication in respect of addition made on receipts of agricultural activity [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench directed readjudication in respect of addition made on receipts of agricultural activity. The assessee, Sanjib Sudhir Pradhan , has shown...
![ITAT directs re adjudication in respect of addition made on receipts of agricultural activity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-mumbai-agricultural-activity-ITAT-directs-readjudication-TAXSCAN.jpg "ITAT directs re adjudication in respect of addition made on receipts of agricultural activity [Read Order]")
Delhi HC quashes Reassessment Order passed u/s 148 of IT Act by AO on bereft of Independent Application of mind [Read Order]
In a recent case, the Delhi High Court quashed the reassessment order passed under Section 148 of the Income Tax Act, 1961, by assessing officers, highlighting a lack of independent application of...
![Delhi HC quashes Reassessment Order passed u/s 148 of IT Act by AO on bereft of Independent Application of mind [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Delhi-High-Court-reassessment-order-IT-Act-TAXSCAN.jpg "Delhi HC quashes Reassessment Order passed u/s 148 of IT Act by AO on bereft of Independent Application of mind [Read Order]")
![Â ITAT Annual Digest [PART 19]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ANNUAL-DIGEST-ITAT-ANNUAL-DIGEST-PART-19-ITAT-ANNUAL-DIGEST-PART-19-taxscan.jpg "Â ITAT Annual Digest [PART 19]")
Failure to establish genuineness of payment made for vacating Encroached Land: ITAT directs Re-adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai, while directing readjudication, observed that the assessee has failed to establish the genuineness of the payment made for vacating the encroached...
![Failure to establish genuineness of payment made for vacating Encroached Land: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-directs-readjudication-Encroached-Land-ITAT-TAXSCAN.jpg "Failure to establish genuineness of payment made for vacating Encroached Land: ITAT directs Re-adjudication [Read Order]")
Incriminating material about Rs.37 Cr revealed during Search from Moraj Group Co-Founder: ITAT remands matter to AO for further Enquiry [Read Order]
In a case where incriminating material of about Rs. 37 Crore was revealed during search in connection with Moraj Group Co-Founder Priya M Gurnani, the Income Tax Appellate Tribunal (ITAT) Mumbai...
![Incriminating material about Rs.37 Cr revealed during Search from Moraj Group Co-Founder: ITAT remands matter to AO for further Enquiry [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Incriminating-material-Moraj-Group-Co-Founder-ITAT-ITAT-remands-matter-to-AO-AO-Enquiry-taxscan.jpg "Incriminating material about Rs.37 Cr revealed during Search from Moraj Group Co-Founder: ITAT remands matter to AO for further Enquiry [Read Order]")
Corpus Specific Voluntary Contribution is a Capital Receipt and can't be offered to Tax in case of Trust not Registered u/s 12A: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the corpus-specific voluntary contribution is a capital receipt and cannot be offered to tax in the case of trust not registered...
![Corpus Specific Voluntary Contribution is a Capital Receipt and cant be offered to Tax in case of Trust not Registered u/s 12A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Capital-Receipt-ITAT-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "Corpus Specific Voluntary Contribution is a Capital Receipt and cant be offered to Tax in case of Trust not Registered u/s 12A: ITAT [Read Order]")