![Claim of Expenditure under different Head of Income won’t attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Expenditure-ITAT-Taxscan-1.jpg "Claim of Expenditure under different Head of Income won’t attract Penalty: ITAT [Read Order]")
Claim of Expenditure under different Head of Income won’t attract Penalty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the penalty under section 271(1)(c) of the Income Tax Act, 1961 will not attract...
![Capital Gain Tax not leviable merely on Registration of Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Capital-Gain-Tax-ITAT-sale-deed-Taxscan.jpg "Capital Gain Tax not leviable merely on Registration of Sale Deed: ITAT [Read Order]")
![Karnataka Industrial Areas Development Board discharges Statutory Function, No Service Tax applicable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Karnataka-Industrial-Areas-Development-Board.jpeg "Karnataka Industrial Areas Development Board discharges Statutory Function, No Service Tax applicable: CESTAT [Read Order]")
![DGOV guideline isn’t above Customs Valuation Rules, so value can only be enhanced on the basis of evidence: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Customs-Valuation-Rules.jpeg "DGOV guideline isn’t above Customs Valuation Rules, so value can only be enhanced on the basis of evidence: CESTAT [Read Order]")
Maharashtra State Board Technical Education is 'State' under the Constitution, Immune from Taxation: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the Maharashtra State Board Technical Education comes within the meaning of “State” under Article 289 of the...
![Maharashtra State Board Technical Education is State under the Constitution, Immune from Taxation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/ITAT-Constitution-Taxscan.jpg "Maharashtra State Board Technical Education is State under the Constitution, Immune from Taxation: ITAT [Read Order]")
Rajasthan HC denies Bail to person alleged for Wrongful availment of ITC until Investigation is complete [Read Order]
The High Court of Rajasthan has rejected the bail application of the person accused of wrongful availment of Input Tax Credit (ITC) until the investigation is complete. The court directed that...
![Rajasthan HC denies Bail to person alleged for Wrongful availment of ITC until Investigation is complete [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/ITC-Bail-Rajasthan-High-Court-Taxscan.jpeg "Rajasthan HC denies Bail to person alleged for Wrongful availment of ITC until Investigation is complete [Read Order]")
Satisfaction Note by AO that Documents belong to Other Person is enough to proceed against such Person u/s 153C: SC [Read Judgment]
In a significant ruling, the Apex Court, while upholding the view of the High Court held that the satisfaction note by the Assessing Officer(AO) clearly states that the documents so seized belonged to...
![Satisfaction Note by AO that Documents belong to Other Person is enough to proceed against such Person u/s 153C: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Anti-Profiteering-Measure-Supreme-Court-Taxscan.jpg "Satisfaction Note by AO that Documents belong to Other Person is enough to proceed against such Person u/s 153C: SC [Read Judgment]")
![No Ex-Parte orders during Pandemic, Andhra Pradesh HC clarifies [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/12/Andhra-Pradesh-High-Court-VAT-C-Form-Taxscan.jpg "No Ex-Parte orders during Pandemic, Andhra Pradesh HC clarifies [Read Order]")
![No Service Tax on Clubs / Associations incorporated prior to July 1, 2012: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Income-Tax-Proceedings-Karnataka-High-Court-Taxscan.jpg "No Service Tax on Clubs / Associations incorporated prior to July 1, 2012: Karnataka HC [Read Judgment]")
Disallowance of Deduction of Interest Income should be restricted to Net Interest and not Gross Interest: ITAT [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) held that disallowance of deduction under section 80IB(10) of the Income Tax Act, 1961 in respect of interest income should be restricted to...
![Disallowance of Deduction of Interest Income should be restricted to Net Interest and not Gross Interest: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Income-Taxscan.jpg "Disallowance of Deduction of Interest Income should be restricted to Net Interest and not Gross Interest: ITAT [Read Order]")