Revision Order can’t be passed If Submissions of Assessee were duly verified by AO during Assessment: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), Kolkata bench consisting of Rajpal Yadav, Vice President and Manish Borad, Accountant Member held that order...
![TDS not leviable on External Development Charges paid to HUDA: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/TDS-External-Development-Charges-HUDA-ITAT-Penalty-taxscan.jpg "TDS not leviable on External Development Charges paid to HUDA: ITAT deletes Penalty [Read Order]")
![Gifts & Freebies to Doctors are Legally Prohibited: ITAT upholds Disallowance of Expenses to Pharma Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Gifts-Freebies-Doctors-Legally-Prohibited-ITAT-Disallowance-Expenses-Pharma-Company-Taxscan.jpeg "Gifts & Freebies to Doctors are Legally Prohibited: ITAT upholds Disallowance of Expenses to Pharma Company [Read Order]")
![Belated Payment of Employees Contribution to ESI and PF: ITAT upholds deletion of Disallowance made u/s 43B [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Payment-Employees-Contribution-ESI-PF-ITAT-Disallowance-taxscan.jpg "Belated Payment of Employees Contribution to ESI and PF: ITAT upholds deletion of Disallowance made u/s 43B [Read Order]")
![Limited Scrutiny can be converted to Complete Scrutiny only with Approval of PCIT in writing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/scrutiny-PCIT-ITAT-taxscan.jpg "Limited Scrutiny can be converted to Complete Scrutiny only with Approval of PCIT in writing: ITAT [Read Order]")
![ITAT quashes Re-Assessment proceedings opened by AO without Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/ITAT-Re-Assessment-AO-without-Jurisdiction-taxscan.jpeg "ITAT quashes Re-Assessment proceedings opened by AO without Jurisdiction [Read Order]")
Capital Gain on account of Compulsory Acquisition of Land is not Taxable, exemption u/s 10(37) can claim: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench has held that the addition of capital gain on account of compulsory acquisition of land is not taxable and can claim exemption u/s10 (37) of...
![Capital Gain on account of Compulsory Acquisition of Land is not Taxable, exemption u/s 10(37) can claim: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Capital-gain-Acquisition-land-ITAT-taxscan.jpg "Capital Gain on account of Compulsory Acquisition of Land is not Taxable, exemption u/s 10(37) can claim: ITAT [Read Order]")
![Development Expenditure on Sale of Land not Deductible without Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Development-Expenditure-Sale-of-Land-Deductible-Evidence-ITAT-Taxscan.jpeg "Development Expenditure on Sale of Land not Deductible without Evidence: ITAT [Read Order]")
Re-Assessment Order passed u/s 148A(d) in Great Haste without granting Reasonable Time to file Reply is Untenable: Delhi HC [Read Judgment]
A division bench of the Delhi High Court comprising Justice Manmohan and Justice Manmeet Pritam Singh Arorahas quashed a re-assessment order passed under section 148A(d) of the Income Tax Act, 1961...
![Re-Assessment Order passed u/s 148A(d) in Great Haste without granting Reasonable Time to file Reply is Untenable: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/05/Re-Assessment-Great-Haste-Delhi-HC-taxscan.jpeg "Re-Assessment Order passed u/s 148A(d) in Great Haste without granting Reasonable Time to file Reply is Untenable: Delhi HC [Read Judgment]")
Relief to EY: Right to file Objection to SCN cannot be denied due to One Day Delay in asking for Adjournment by Non-Resident, rules Delhi HC [Read Order]
In a relief to Ernst and Young U.S. LLP, the Delhi High Court has held that the right to file an objection to the show cause notice cannot be denied to the assessee, a non-resident assessee merely...
![Relief to EY: Right to file Objection to SCN cannot be denied due to One Day Delay in asking for Adjournment by Non-Resident, rules Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/EY-SCN-Non-Resident-Delhi-HC-taxscan.jpg "Relief to EY: Right to file Objection to SCN cannot be denied due to One Day Delay in asking for Adjournment by Non-Resident, rules Delhi HC [Read Order]")
No TDS on Discounts extended to Pre-paid SIM distributors on Transfer of pre-paid SIM Cards/Talk Time: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), Raipur bench consisting ofRavish Sood, Judicial Member and Jamlappa D Battull, Accountant Member held that no TDS on Discounts extended to Pre-paid SIM...
![No TDS on Discounts extended to Pre-paid SIM distributors on Transfer of pre-paid SIM Cards/Talk Time: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/TDS-Discounts-Pre-paid-SIM-pre-paid-SIM-cards-talk-time-ITAT-taxscan.jpeg "No TDS on Discounts extended to Pre-paid SIM distributors on Transfer of pre-paid SIM Cards/Talk Time: ITAT [Read Order]")
Interest paid on Borrowed Funds utilized for Acquiring Machinery for Business allowable as Deduction: ITAT
Income Tax Appellate Tribunal (ITAT), Raipur bench consisting of Ravish Sood, Judicial Member and Jamlappa D Battull, Accountant Member held that interest expenditure incurred by assessee qua the...
