![ITAT Denies Exemption u/s 10(23C)(vi) of Income Tax Act on not Existing Solely for Purposes of Education [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Denies-Exemption-Income-Tax-Act-on-not-Existing-Solely-for-Purposes-of-Education-ITAT-TAXSCAN.jpg "ITAT Denies Exemption u/s 10(23C)(vi) of Income Tax Act on not Existing Solely for Purposes of Education [Read Order]")
ITAT Denies Exemption u/s 10(23C)(vi) of Income Tax Act on not Existing Solely for Purposes of Education [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), denied income tax exemption under Section 10(23C)(vi) of the Income Tax Act on not...
![Dept. Fails to Submit Contradictory view to CIT(A)s Decision: ITAT allows Depreciation Expenses on Crates [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Dept.-Fails-to-Submit-Contradictory-view-Decision-ITAT-allows-Depreciation-Expenses-on-Crates-ITAT-TAXSCAN.jpg "Dept. Fails to Submit Contradictory view to CIT(A)s Decision: ITAT allows Depreciation Expenses on Crates [Read Order]")
![ITAT deletes ex parte Addition u/s 68 of Income Tax Act made during COVID 19 Pandemic [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Customs-Duty-No-Customs-Duty-on-Import-Import-Covid-19-Vaccine-Covid-19-Vaccine-to-India-CBIC-Import-taxscan.jpg "ITAT deletes ex parte Addition u/s 68 of Income Tax Act made during COVID 19 Pandemic [Read Order]")
![Rejection of Maintenance Claim u/s 40(a)(ia) of Income Tax Act without Proper Verification: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/maintanance.jpg "Rejection of Maintenance Claim u/s 40(a)(ia) of Income Tax Act without Proper Verification: ITAT quashes Order [Read Order]")
![Reverse Charge Mechanism not applicable on Service Tax for Banking & other Financial Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Reverse-Charge-Mechanism-not-applicable-on-Service-Tax-for-Banking-Financial-Services-CESTAT-TAXSCAN.jpg "Reverse Charge Mechanism not applicable on Service Tax for Banking & other Financial Services: CESTAT [Read Order]")
![ITAT Orders Reassessment after Assessee Inadvertently Files ITR in Wrong Form [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/tax-return.jpg "ITAT Orders Reassessment after Assessee Inadvertently Files ITR in Wrong Form [Read Order]")
Non-Consideration of Valuation and Jantri Value for Determining Nature of Sold Land: ITAT remands matter to CIT(A) [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) recently remanded the matter to CIT(A) due to non-consideration of valuation and Jantri value for determining the nature of sold land. ...
![Non-Consideration of Valuation and Jantri Value for Determining Nature of Sold Land: ITAT remands matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/sold-land-1.jpg "Non-Consideration of Valuation and Jantri Value for Determining Nature of Sold Land: ITAT remands matter to CIT(A) [Read Order]")
![Notice issued by AO After 4 years of Reassessment u/s 148 under : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Notice-issued-by-AO-After-4-years-of-Reassessment-TAXSCAN.jpg "Notice issued by AO After 4 years of Reassessment u/s 148 under : ITAT [Read Order]")
Deduction u/s 80IC of IT Act shall not be denied if Assessee forms New Firm in same Name at same Premises: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) has recently held that deduction under Section 80IC of Income Tax Act 1961 should not be denied if assessee form a new firm in the same...
![Deduction u/s 80IC of IT Act shall not be denied if Assessee forms New Firm in same Name at same Premises: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Income-Tax-Act-Deduction-Assessee-New-Firm-Premises-ITAT-Assessee-forms-New-Firm-same-Name-at-same-Premises-taxscan.jpg "Deduction u/s 80IC of IT Act shall not be denied if Assessee forms New Firm in same Name at same Premises: ITAT [Read Order]")
No Penalty u/s 271(1)(c) can be Imposed, Without Assistance of Assessee in Prosecuting the Levy of Penalty Proceedings: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has recently, in an appeal filed before it, held that no penalty under Section 271(1)(c) can be imposed, without the assistance of the assessee...
![No Penalty u/s 271(1)(c) can be Imposed, Without Assistance of Assessee in Prosecuting the Levy of Penalty Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Penalty-Imposed-Assistance-of-Assessee-Assessee-Penalty-Proceedings-Proceedings-ITAT-Income-Tax-Taxscan.jpg "No Penalty u/s 271(1)(c) can be Imposed, Without Assistance of Assessee in Prosecuting the Levy of Penalty Proceedings: ITAT [Read Order]")
Failure of Assessee to Substantiate Enhanced Cost of Acquisition with Cogent Evidence: ITAT upholds Disallowance of Excess Cost [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has recently, in an appeal filed before it, on the assessee’s failure to substantiate enhanced cost of acquisition with cogent evidence, upheld...
![Failure of Assessee to Substantiate Enhanced Cost of Acquisition with Cogent Evidence: ITAT upholds Disallowance of Excess Cost [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Failure-of-Assessee-Cost-of-Acquisition-Cost-of-Acquisition-with-Cogent-Evidence-ITAT-ITAT-upholds-Disallowance-of-Excess-Cost-Excess-Cost-taxscan.jpg "Failure of Assessee to Substantiate Enhanced Cost of Acquisition with Cogent Evidence: ITAT upholds Disallowance of Excess Cost [Read Order]")
