![GST Assessment Proceedings in name of Deceased Assessee: Kerala HC directs to pass Fresh Assessment order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Kerala-High-Court-Assessment-Order-Fresh-Assessment-Order-GST-taxscan.jpg "GST Assessment Proceedings in name of Deceased Assessee: Kerala HC directs to pass Fresh Assessment order [Read Order]")
GST Assessment Proceedings in name of Deceased Assessee: Kerala HC directs to pass Fresh Assessment order [Read Order]
The Kerala High court directed to pass a fresh assessment order under the Goods and Service Tax Act ( GST ), 2017 as the assessment proceedings were...
![TDS Credit shall not be denied when Income from Sale of Agriculture property not reflected in ITR: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Ahmedabad-ITR-Income-Tax-Return-Agriculture-property-taxscan.jpg "TDS Credit shall not be denied when Income from Sale of Agriculture property not reflected in ITR: ITAT [Read Order]")
![Gratuity Paid to Employee Classified as Salary, Deemed Expense allowable u/s 37(1) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Gratuity-Employee-Classified-Salary-Deemed-Expense-allowable-us-371-of-Income-Tax-Act-ITAT-TAXSCAN.jpg "Gratuity Paid to Employee Classified as Salary, Deemed Expense allowable u/s 37(1) of Income Tax Act: ITAT [Read Order]")
![Defective Penalty Notice: ITAT deletes penalty Imposed u/s 271AAB of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Defective-Penalty-Notice-Penalty-Notice-ITAT-Income-Tax-Act-taxscan.jpg "Defective Penalty Notice: ITAT deletes penalty Imposed u/s 271AAB of Income Tax Act [Read Order]")
![Discrepancy in Form 26AS and Profit & Loss Account due to Service Tax Amount Declaration: ITAT upholds Deletion of Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Discrepancy-Form-26AS-Profit-Loss-Service-Tax-Amount-Declaration-ITAT-Deletion-Deletion-of-Addition-taxscan.jpg "Discrepancy in Form 26AS and Profit & Loss Account due to Service Tax Amount Declaration: ITAT upholds Deletion of Addition [Read Order]")
Treatment of Personal Expenses as Income precludes loan classification, Income cannot be taxed twice in same Assessment Year: ITAT deletes Penalty u/s 271D [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the penalty under Section 271D of the Income Tax Act, 1961, as treating personal expenses as income precludes loan...
![Treatment of Personal Expenses as Income precludes loan classification, Income cannot be taxed twice in same Assessment Year: ITAT deletes Penalty u/s 271D [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Taxation-of-personal-expenses-Section-271D-of-Income-Tax-Act-taxscan.jpg "Treatment of Personal Expenses as Income precludes loan classification, Income cannot be taxed twice in same Assessment Year: ITAT deletes Penalty u/s 271D [Read Order]")
Assessee entitled to Claim Credit for MAT under VSV Scheme for year under consideration: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) observed that the assessee was entitled to claim credit for Minimum Alternate Tax ( MAT ) under the Vivad se Vishwas ( VSV ) Scheme for...
![Assessee entitled to Claim Credit for MAT under VSV Scheme for year under consideration: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-Income-Tax-VSV-scheme-Vivad-se-Vishwas-scheme-taxscan.jpg "Assessee entitled to Claim Credit for MAT under VSV Scheme for year under consideration: ITAT [Read Order]")
No Addition shall be made towards Income without Rejecting Books of Accounts: Delhi HC [Read Order]
In a significant case the Delhi Court held addition should not be made towards the income without reacting to the books of accounts. Therefore the bench dismissed the appeal file dby the revenue. ...
![No Addition shall be made towards Income without Rejecting Books of Accounts: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Delhi-High-Court-Books-of-Accounts-Rejection-Books-of-Accounts-taxscan.jpg "No Addition shall be made towards Income without Rejecting Books of Accounts: Delhi HC [Read Order]")
No Evidence of Cash Payments for Demand Drafts to 34 Parties: ITAT Upholds Deletion of Additions by CIT (A) u/s 68 of Income Tax Act [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion of additions made under Section 68 of the Income Tax Act, 1961 by the Commissioner of Income Tax (Appeals)...
![No Evidence of Cash Payments for Demand Drafts to 34 Parties: ITAT Upholds Deletion of Additions by CIT (A) u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Cash-Payments-No-Evidence-of-Cash-Payments-ITAT-Deletion-Additions-CIT-A-Income-Tax-Act-taxscan.jpg "No Evidence of Cash Payments for Demand Drafts to 34 Parties: ITAT Upholds Deletion of Additions by CIT (A) u/s 68 of Income Tax Act [Read Order]")
Acceptance of Explanation of Cash Investment: ITAT Upholds CIT (A) Decision to Delete Cash Deposit Additions u/s 69A of Income Tax Act [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has upheld the decision of the Commissioner of Income Tax (Appeals) [CIT (A)] to delete additions made under section 69A of the Income...
![Acceptance of Explanation of Cash Investment: ITAT Upholds CIT (A) Decision to Delete Cash Deposit Additions u/s 69A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Acceptance-of-Explanation-of-Cash-Investment-Cash-Investment-Cash-ITAT-CIT-A-Cash-Deposit-Income-Tax-Act-taxscan.jpg "Acceptance of Explanation of Cash Investment: ITAT Upholds CIT (A) Decision to Delete Cash Deposit Additions u/s 69A of Income Tax Act [Read Order]")
Actual Agricultural Operation not necessary condition to qualify as Agricultural Land: Bombay HC directs to pass Fresh Assessment Order under Income Tax Act [Read Order]
The Bombay High Court recently ruled that actual agricultural operation is not necessary condition to qualify as agricultural land and directed to pass fresh assessment order. The Assessing...
![Actual Agricultural Operation not necessary condition to qualify as Agricultural Land: Bombay HC directs to pass Fresh Assessment Order under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Bombay-High-Court-Income-Tax-Assessment-Order-Agricultural-land-assessment-taxscan.jpg "Actual Agricultural Operation not necessary condition to qualify as Agricultural Land: Bombay HC directs to pass Fresh Assessment Order under Income Tax Act [Read Order]")
![ITAT upholds addition made on account of commission income earned from accommodation entries [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-addition-income-ITAT-upholds-addition-made-on-account-of-commission-income-accommodation-entries-taxscan-1.jpg "ITAT upholds addition made on account of commission income earned from accommodation entries [Read Order]")