CBIC invites Suggestions on Faceless E-Assessment
The Central Board of Indirect Taxes and Customs (CBIC) issued a notice inviting the suggestions, views, comments, etc. from the stakeholders for the...
![Charitable Trust is not eligible for Standard Deduction for Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Charitable-Rental-Income-Taxscan.jpg "Charitable Trust is not eligible for Standard Deduction for Rental Income: ITAT [Read Order]")
![Remunerations of director not violation of 40(2) if the director is a relative and expenses not proved as excessive and unreasonable: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Remunerations-ITAT-Taxscan.jpg "Remunerations of director not violation of 40(2) if the director is a relative and expenses not proved as excessive and unreasonable: ITAT Delhi [Read Order]")
![Pharmaceutical Co. on providing Free Medicine Samples to Doctors cannot invoke FBT provisions: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Free-Medicine-Samples-Bombay-High-Court-Taxscan.jpg "Pharmaceutical Co. on providing Free Medicine Samples to Doctors cannot invoke FBT provisions: Bombay HC [Read Judgment]")
![Dividend derived from Shares held as Stock in Trade can’t be disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Stock-Exchange-Taxscan.jpg "Dividend derived from Shares held as Stock in Trade can’t be disallowed: ITAT [Read Order]")
To Compound Tax Evasion Offences, Assessee should pay the Whole Tax Amount Evaded: Gujarat HC [Read Judgment]
The Gujarat High Court held that 100% of tax sought to be evaded is to be paid for compounding of a tax evasion offences under Section 276C (1) of the Income Tax Act, 1961, and not 100% of the amount...
![To Compound Tax Evasion Offences, Assessee should pay the Whole Tax Amount Evaded: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/01/Tax-Evasion-Offences-Assessee-Gujarat-High-Court-Taxscan.jpg "To Compound Tax Evasion Offences, Assessee should pay the Whole Tax Amount Evaded: Gujarat HC [Read Judgment]")
IT Assessment Order against Deepak Kochhar put on hold and Ordered to move First Appellate Authority: Bombay HC [Read Order]
The Bombay High Court while presiding over the question of the Assessment Order in the case of Deepak Kochhar passed an order that the Income Tax (IT) Assessment Order pertaining to the Assessment...
![IT Assessment Order against Deepak Kochhar put on hold and Ordered to move First Appellate Authority: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Deepak-Kochhar-IT-Assessment-Order-First-Appellate-Authority-Bombay-High-Court-Taxscan.jpg "IT Assessment Order against Deepak Kochhar put on hold and Ordered to move First Appellate Authority: Bombay HC [Read Order]")
Late Night hearings by CIT (Appeals) Reduces Working Efficiency, Resulting into Misleading Order: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT)Â in the case of Shri Shanmugam Senthilkumar vs. The Income Tax Officer ordered Commissioner of Income Tax (Appeals)Â to elaborate on the reasons for the...
![Late Night hearings by CIT (Appeals) Reduces Working Efficiency, Resulting into Misleading Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Working-Efficiency-CIT-Late-night-Hearing-Misleading-Order-Taxscan.jpg "Late Night hearings by CIT (Appeals) Reduces Working Efficiency, Resulting into Misleading Order: ITAT [Read Order]")
![No Service Tax on Notice Pay Recovery by Employer from Employee: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/01/Notice-Pay-Recovery-Salary-No-Service-Tax-Employer-Employee-Madras-High-Court-Taxscan.jpg "No Service Tax on Notice Pay Recovery by Employer from Employee: Madras HC [Read Judgment]")
Assessee can Produce Third Parties before AO to dispute Documentary Evidence found during Search: ITAT [Read Order]
The Income Tax Appellate Tribunal, (ITAT) Delhi, held that when documentary evidence of managing affairs of the contractor by the personnel of the assessee is found during search action, the onus was...
![Assessee can Produce Third Parties before AO to dispute Documentary Evidence found during Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/12/Documentary-Evidence-ITAT-Taxscan.jpg "Assessee can Produce Third Parties before AO to dispute Documentary Evidence found during Search: ITAT [Read Order]")
Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]
In a recent case, the Income Tax Appellate Tribunal (ITAT), Ahmedabad held that if the assessee failed to furnish full details of income required by Assessing Officer, by virtue of Section 271(1)(c)...
![Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Assessing-Officer-Taxscan-1.jpg "Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]")
Assessing Officer should not Rejected the Claim on the Ground of It being raised for First Time: Delhi HC [Read Judgment]
The High Court of Delhi held that the Assessing Officer should not have rejected the claim made by the assessee merely on the ground of it being raised for the first time. The finding returned by the...