Read all Latest Updates on and about Assessing Officer

Begin typing your search above and press return to search.

Home
»
Assessing Officer

Assessee cannot be Prejudiced by the Inaction of the Assessing Officer: Delhi HC directs the Revenue to Grant Immunity under Section 270AA [Read Order]

The High Court of Delhi has held that assessee cannot be prejudiced by the inaction of the Assessing Officer and directs the revenue to grant...

No TDS since Routine Business Support Services can’t be treated as 'Fee for Technical Services':...

Assessing officer should comply with the condition precedent for reopening assessments after...

Expenditure in the form of Commission to the Doctors is Prohibited by Law and not Entitled to...

Re-Assessment can be initiated on Disclosure of Bogus Purchase Bills: Chhattisgarh HC [Read Order]

Assessing Officer cannot interfere with the Business Decisions of Assessee: ITAT [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the Assessing Officer cannot interfere with the business decisions of the assessee. The assessee is a private limited...

Relief to Adidas India: Buying Commission paid as per Buying Agency Agreement is not FTS, No TDS Liability [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi, in a ruling favouring Adidas India has observed that the amount of buying commission paid as per the buying agency agreement would not amount to “Fee...

TDS u/s 194D not applicable to Reinsurance Commission: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the provisions of TDS under section 194D of the Income Tax Act, 1961 is not applicable to the reinsurance commission. The...

Interest u/s 234C shall be calculated based on 'Returned Income': ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the amount of interest under section 234C of the Income Tax Act, 1961 shall be calculated on the basis of the “returned income”...

Service Tax collected But Not Remitted to Government can be disallowed u/s 43B of Income Tax Act: ITAT [Read Order]

The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the amount of service tax collected but not remitted to the Government exchequer can be disallowed under section 43B of...

Payment of Bonus / Commission not allowable as Business Expenditure: Delhi HC [Read Order]

A division bench of the Delhi High Court, on Wednesday dismissed an appeal filed by the assessee and held that the payment of bonus or commission is not allowable as a deduction under Section 36 (1)...

Re-Assessment at the behest of Audit Party is Invalid: Bombay High Court [Read Order]

A division bench of the Bombay High Court has held that the re-assessment under section 147 of the Income Tax Act, 1961 is bad in law since the same was at the behest of audit party. Petitioner is...

Prev Page Next Page