Read all Latest Updates on and about Assessing Officer

Begin typing your search above and press return to search.

Home
»
Assessing Officer

Receipts from Disaster Recovery Up-Linking Services are not Royalty: ITAT deletes Addition [Read Order]

The Income Tax Appellate Tribunal (ITAT) Delhi Bench held that receipts from disaster recovery up-linking services are not Royalty. Therefore...

CBDT Amends and Inserts Rule 6ABBB in Income Tax Rules, 1962 [Read Order]

Contract/Professional Receipts Reflected in Form 26AS Rightly Offered under Presumptive Tax: ITAT...

TNMM is Suitable Method for Determining ALP for International Transactions Concerning...

AO passes Assessment Order without the Mandatory Requirements u/s 144C (1) of Income Tax Act: ITAT...

NRI Eligible for DTAA Benefit Towards Salary Earned in Morocco: ITAT [Read Order]

The Kolkata bench of the Income Tax Appellate Tribunal held that NRI serving outside India is eligible for DTAA benifit under Article 15(1) of India Morocco DTAA It was submitted that the assessee...

Penalty u/s 271(1)(c) of Income Tax Act is not Leviable on Estimated Addition: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT) Mumbai Bench held that penalty under section 271(1)(c) of Income Tax Act, 1961 is not leviable on estimated addition. The assessee L.S. Diamonds is engaged...

CIT(A) may Suo moto initiates Enhancement Proceedings if necessary; Not out of Jurisdiction: ITAT [Read Order]

The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has made a ruling stating that the Commissioner of Income Tax (Appeals) [CIT(A)] has the authority to initiate enhancement proceedings on...

PAN Inoperation of NRIs: CBDT directs to Intimate Jurisdictional Officer with Supporting Documents

The Income Tax Department has instructed Non-Residents of India (NRIs) to inform the Jurisdictional Assessing Officer along with relevant documents to activate their PAN (Permanent Account Number)....

PAN Inoperation of NRIs - PAN - NRI - CBDT directs to Intimate Jurisdictional Officer with Supporting Documents - CBDT - Jurisdictional Officer - Taxscan

Spice Jet not Liable to Pay Income Tax on Supplementary Rent Paid to Foreign Company for Acquiring Aircraft on Lease as per India-Ireland DTAA: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT) Delhi held that spice jet is not liable to pay income tax on supplementary rent paid to foreign companies for acquiring aircraft on lease as per India...

Order passed u/s 148A(d) of Income Tax Act without Considering Response of Assessee: Delhi HC sets aside Order [Read Order]

In a recent case, the Delhi High Court set aside the order since the order passed under section 148A(d) of the Income Tax Act,1961 without considering the response of the assessee is not valid. Mr...

Only Profit Element of Bogus Purchase can be Added to Taxable Income Under Income Tax Act when Assessee Reconciled the Stock: Bombay HC [Read Order]

The Bombay High Court has held that only the profit element of a bogus purchase can be added to taxable income under the Income Tax Act, 1961 when the assessee reconciled the stock. The appellant...

Prev Page Next Page