![Relief to Godaddy: Delhi HC rules fee received for registration of domain names of third parties not royalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Godaddy-Delhi-High-Court-registration-of-domain-names-third-parties-royalty-domain-taxscan.jpg "Relief to Godaddy: Delhi HC rules fee received for registration of domain names of third parties not royalty [Read Order]")
Relief to Godaddy: Delhi HC rules fee received for registration of domain names of third parties not royalty [Read Order]
In a major relief to Godaddy.Com LLC, the Delhi High Court observed that the fees received for registration of domain names of third parties are not...
![Delhi HC directs Income Tax Department to release Refund amount adjusted against outstanding demand for AY 2011-12 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Delhi-High-court-Income-Tax-Department-Refund-AY-TAXSCAN.jpg "Delhi HC directs Income Tax Department to release Refund amount adjusted against outstanding demand for AY 2011-12 [Read Order]")
![Challenge on Revision Order Passed u/s 263 of Income Tax Act: Supreme Court Issues Notice to Canara Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Challenge-on-Revision-Order-Revision-Order-Income-Tax-Act-Supreme-Court-taxscan.jpg "Challenge on Revision Order Passed u/s 263 of Income Tax Act: Supreme Court Issues Notice to Canara Bank [Read Order]")
Receipt of Compensation for Hardship is in Nature of Capital Receipt and shall not be liable to Tax: ITAT deletes Addition made on corpus fund [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition made on the corpus fund and held that the receipt of compensation for hardship is in the nature of capital receipt...
![Receipt of Compensation for Hardship is in Nature of Capital Receipt and shall not be liable to Tax: ITAT deletes Addition made on corpus fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Receipt-of-Compensation-Capital-Receipt-ITAT-deletes-Addition-TAXSCAN.jpg "Receipt of Compensation for Hardship is in Nature of Capital Receipt and shall not be liable to Tax: ITAT deletes Addition made on corpus fund [Read Order]")
Failure of AO to conduct an Independent Investigation: ITAT deletes Addition u/s 68 made on Presumptions and Conjectures [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition under Section 68 of the Income Tax Act, 1961 made on presumptions and conjectures and also the failure of the...
![Failure of AO to conduct an Independent Investigation: ITAT deletes Addition u/s 68 made on Presumptions and Conjectures [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Failure-of-AO-ITAT-deletes-Addition-Presumptions-and-Conjectures-Income-Tax-Appellate-Tribunal-Assessing-Officer-taxscan.jpg "Failure of AO to conduct an Independent Investigation: ITAT deletes Addition u/s 68 made on Presumptions and Conjectures [Read Order]")
Failure to conduct enquiries with respect to abnormal cash deposits during Demonetization Period: ITAT upholds Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh bench, while upholding the revision order passed under section 263 of the Income Tax Act, 1961, held that the Assessing Officer failed to conduct...
![Failure to conduct enquiries with respect to abnormal cash deposits during Demonetization Period: ITAT upholds Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Demonetization-Period-ITAT-abnormal-cash-income-tax-news-taxscan.jpg "Failure to conduct enquiries with respect to abnormal cash deposits during Demonetization Period: ITAT upholds Revision Order [Read Order]")
10-Year Extended Limitation Period Applies to Escaped Amounts Exceeding 50 Lakhs: Delhi HC quashes Reassessment Notice [Read Order]
A Division bench of the Delhi High Court, comprising Justice Rajiv Shakdher and Justice Girish Kathpalia, in the course of deciding a writ petition, emphasised that the extended 10-year limitation...
AO’s failure to conduct Independent Enquiry in respect of deposit in bank account for issuance of Demand Draft in favour of Indian Oil Corporation: ITAT deletes addition
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, while deleting the addition made by the Assessing Officer (AO), held that the AO failed to conduct an independent inquiry in respect of the...
![No investment made outside books of Accounts: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-investment-investment-books-of-Accounts-ITAT-Income-Tax-Addition-taxscan.jpg "No investment made outside books of Accounts: ITAT deletes Income Tax Addition [Read Order]")
ITAT directs to delete 75% of total addition made towards Overburden Removal Expenditure incurred for Mining Operations [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench directed to delete 75% of total addition made towards the overburden removal expenditure incurred for mining operations. The assessee,...
![ITAT directs to delete 75% of total addition made towards Overburden Removal Expenditure incurred for Mining Operations [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-total-addition-addition-Overburden-taxscan.jpg "ITAT directs to delete 75% of total addition made towards Overburden Removal Expenditure incurred for Mining Operations [Read Order]")