![AO cannot issue Reassessment Notice: ITAT quashes Order u/s 147 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-Income-Tax-under-ITAT-Income-Tax-Reassessment-TAXSCAN.jpeg "AO cannot issue Reassessment Notice: ITAT quashes Order u/s 147 of Income Tax Act [Read Order]")
AO cannot issue Reassessment Notice: ITAT quashes Order u/s 147 of Income Tax Act [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal( ITAT ) quashed a reassessment order under Section 147 of the Income Tax Act,1961 ruling that the...
![ITAT directs Fresh Adjudication on Disallowance made u/s 14 A of Income Tax Act due to Error in CIT(A)s Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Ahmedabad-ITAT-Income-Tax-Act-Income-Tax-Appellate-Tribunal-under-section-14A-of-the-Income-Tax-Act-ITAT-Directs-Assessment-Year-ITAT-NEWS-Income-Tax-TAXSCAN.jpg "ITAT directs Fresh Adjudication on Disallowance made u/s 14 A of Income Tax Act due to Error in CIT(A)s Order [Read Order]")
![Inaccurate Share Transaction Reporting: ITAT directs Reassessment, upholds PCITs Order u/s 263 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-ITAT-Ahmedabad-PCIT-Order-TAXSCAN.jpeg "Inaccurate Share Transaction Reporting: ITAT directs Reassessment, upholds PCITs Order u/s 263 of Income Tax Act [Read Order]")
![Relief to JN Tata Endowment: ITAT dismisses Revenue Appeal against Income Tax Act Section 11 Exemption Availment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Tata-Endowement-site-img.jpg "Relief to JN Tata Endowment: ITAT dismisses Revenue Appeal against Income Tax Act Section 11 Exemption Availment [Read Order]")
![Second Chance to Shilp Gravures Ltd: ITAT Remands Matter Back to CIT(A) for Non-Examination of Facts of Deduction Claim u/s 80IA [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/TAT-ITAT-Ahmedabad-Shilp-Gravures-Ltd-ITAT-Remands-Matter-Back-to-CITA-Non-Examination-TAXSCAN.jpg "Second Chance to Shilp Gravures Ltd: ITAT Remands Matter Back to CIT(A) for Non-Examination of Facts of Deduction Claim u/s 80IA [Read Order]")
No Concrete Evidence on Record for Cash Transaction Limit Violation: ITAT directs AO to delete Income Tax Penalties [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Ahmedabad Bench directed the Assessing Officer ( AO ) to delete penalties amounting to ₹8.25 lakhs each that were imposed on the appellant in the present...
![No Concrete Evidence on Record for Cash Transaction Limit Violation: ITAT directs AO to delete Income Tax Penalties [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-ITAT-Ahmedabad-Cash-Transaction-Limit-2024-TAXSCAN.jpeg "No Concrete Evidence on Record for Cash Transaction Limit Violation: ITAT directs AO to delete Income Tax Penalties [Read Order]")
Relief to EY: ITAT rules Reimbursement of Secondment Charges not FTS under Article 12 of India-USA DTAA [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) recently in a case ruled that reimbursement of secondment charges are not Fee For Technical Services ( FTS ) under Article 12 of India -USA...
![Relief to EY: ITAT rules Reimbursement of Secondment Charges not FTS under Article 12 of India-USA DTAA [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/income-Tax-ITAT-ITAT-Rules-India-USA-DTAA-EY-under-ITAT-TAXSCAN.jpg "Relief to EY: ITAT rules Reimbursement of Secondment Charges not FTS under Article 12 of India-USA DTAA [Read Order]")
![Proper Enquiry done by AO: ITAT quashes Revision Order u/s 263 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-ITAT-Ahmedabad-Revision-order-under-Income-Tax-TAXSCAN-1.jpg "Proper Enquiry done by AO: ITAT quashes Revision Order u/s 263 of Income Tax Act [Read Order]")
![Routine Support Services not FTS under India-UK DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-India-UK-DTAA-Double-Taxation-Avoidance-Agreement-DTAA-Fee-for-Technical-Services-taxscan.jpg "Routine Support Services not FTS under India-UK DTAA: ITAT [Read Order]")
Income Tax Notice Sent to Wrong Address: ITAT sets aside Order u/s 144 of Income Tax Act [ Read Order]
Recently, the Ahmedabad “A” Bench of Income Tax Appellate Tribunal (ITAT) set aside an order passed under Section 144 of the Income Tax Act, 1961 (ITA), noting that income tax notices were not sent...
![Income Tax Notice Sent to Wrong Address: ITAT sets aside Order u/s 144 of Income Tax Act [ Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Ahmedabad-Income-Tax-Act-Income-Tax-Notice-Wrong-Address-Section-144-ITAT-news-ITAT-Sets-Aside-Order-TAXSCAN.jpg "Income Tax Notice Sent to Wrong Address: ITAT sets aside Order u/s 144 of Income Tax Act [ Read Order]")
Land Sale Value to be Determined as on Date of Agreement for Income Tax Deduction u/s 50C: Karnataka HC [Read Order]
The Karnataka High Court rejected the appeal filed by revenue was not meritorious and held that the revenue has no discretion to adopt any date other than the date of agreement in question. In...
![Land Sale Value to be Determined as on Date of Agreement for Income Tax Deduction u/s 50C: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Deduction-Income-Tax-Deduction-Commission-Payments-Commission-Examination-Verification-Agreement-between-Payer-and-Dealers-Payer-and-Dealers-ITAT-Taxscan.jpg "Land Sale Value to be Determined as on Date of Agreement for Income Tax Deduction u/s 50C: Karnataka HC [Read Order]")
Reassessment of Income u/s 153A impermissible without Incriminating Evidence: Karnataka HC upholds Deletion of Assessed Income [Read Order]
The Karnataka High Court recently held in an Income Tax Appeal that the provisions under Section 153A of the Income Tax Act, 1961 does not permit an Assessing Officer ( AO ) to reassess the income of...
![Reassessment of Income u/s 153A impermissible without Incriminating Evidence: Karnataka HC upholds Deletion of Assessed Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Appeal-Assessing-Officer-Reassessment-of-Income-TAXSCAN.jpg "Reassessment of Income u/s 153A impermissible without Incriminating Evidence: Karnataka HC upholds Deletion of Assessed Income [Read Order]")