Read all Latest Updates on and about assessee

Begin typing your search above and press return to search.

Home
»
assessee

Partner of Firm who Attended Survey cannot Dispute the same Later: Allahabad HC [Read Order]

The Allahabad High Court has held that a partner of the Firm who was present during Survey cannot question the validity of the same later. The...

Delay in filing Form 67 can’t be a reason to deny Foreign Tax Credit: ITAT [Read Order]

Information from Investigation Wing/AIR cannot be a Tangible Material to Initiate Re-Assessment:...

Raising Objection is a Valuable Legal Right of Assessee, Dept cannot deny it: ITAT [Read Order]

Collection Charges received by Lufthansa German Airlines from AAI can’t be treated as Income from...

Law assists those who are Vigilant, Delay can’t be condoned on Sympathy Grounds: ITAT upholds Dismissal of Appeal filed after 700 Days [Read Order]

In a significant ruling, the ITAT Bangalore bench has upheld the order of the appellate authority wherein the appeal filed by the assessee was rejected on ground of 700 days. Concurring with the...

Amount given by HUF to Member, which is not in the Nature of Gift not Taxable: ITAT [Read Order]

The ITAT, Ahmedabad bench has held that the amount received by the assessee from its HUF which is not in the nature of gift or received without consideration shall not be taxable undersection...

Partnership Firm not liable to Explain Source of Capital Introduced by Partners: ITAT [Read Order]

The Delhi bench of the ITAT, on Friday held that the partnership firm would not be liable to explain the source of capital introduced by the partners to such Firm under section 68 of the Income Tax...

Filing of Special Leave Petition invoking Constitutional Provisions is not a 'Proceeding under Income Tax Act': Kerala High Court [Read Order]

The Kerala High Court has held that the filing of a Special Leave Petition, being recourse by the assessee to the provisions of the Constitution, cannot be treated as “proceedings under the Income...

Re-Assessment is Invalid when Assessee disclosed All Material facts to complete Assessment: ITAT [Read Order]

The Chennai bench of the ITAT has deleted a re-assessment passed under section 147 of the Income Tax Act, 1961 by holding that there was no failure on the part of the assessee in respect of...

Customs House Agent bound to pay TDS On Payment to CFS Agents: ITAT [Read Order]

The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that the Customs House Agent bound to pay TDS under section 194C of the Income Tax Act, 1961 on payment to CFS Agents. The...

Assessee failed to produce Additional Evidence before Dept due to Family Disputes: ITAT directs AO to consider Matter Afresh [Read Order]

The Ahmedabad Income Tax Appellate Tribunal ( ITAT ) has held that assessee failed to produce additional evidence before department due to family disputes and directs AO to consider matter afresh. ...

Prev Page Next Page