![Delhi HC upholds Direction of ITAT to exclude e-Clerx as Comparable [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Delhi-HC-high-court-hc-itat-e-clerx-ITAT-to-exclude-e-Clerx-as-Comparable-Delhi-HC-upholds-TAXSCAN.jpg "Delhi HC upholds Direction of ITAT to exclude e-Clerx as Comparable [Read Order]")
Delhi HC upholds Direction of ITAT to exclude e-Clerx as Comparable [Read Order]
The Delhi High Court upheld the direction of the Income Tax Appellate Tribunal (ITAT) to exclude e-Clerx as comparable. The respondent/assessee,...
![Claim of Exemption u/s 10(10)(i) in respect to Gratuity and Leave Encashment shall be allowed When Assessee is an Employee holding a Civil Post: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Gratuity-and-Leave-Encashment-ITAT-Civil-Post-Exemption-TAXSCAN.jpg "Claim of Exemption u/s 10(10)(i) in respect to Gratuity and Leave Encashment shall be allowed When Assessee is an Employee holding a Civil Post: ITAT [Read Order]")
![Proceeding u/s 263 cant be Initiated on Account of Income received from Fly Ash and Cenosphere: ITAT set aside Order of PCIT while granting relief to NTPC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Proceeding-Income-received-Fly-Ash-Cenosphere-ITAT-NTPC-Order-TAXSCAN.jpg "Proceeding u/s 263 cant be Initiated on Account of Income received from Fly Ash and Cenosphere: ITAT set aside Order of PCIT while granting relief to NTPC [Read Order]")
![No TDS u/s 192B on payment made to Consultant Doctors and Retainer Doctors: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/TDS-Tax-Deducted-at-Source-Consultant-Doctors-Retainer-Doctors-payment-made-to-Consultant-Doctors.jpg "No TDS u/s 192B on payment made to Consultant Doctors and Retainer Doctors: ITAT [Read Order]")
![Provisions of Deemed Dividend u/s 2(22)(e) of Income Tax Act can only be invoked against Shareholder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Deemed-Dividend-Provisions-Income-Tax-Act-Shareholder-ITAT-Income-Tax-TAXSCAN.jpg "Provisions of Deemed Dividend u/s 2(22)(e) of Income Tax Act can only be invoked against Shareholder: ITAT [Read Order]")
Final Assessment should be passed by AO in accordance with Directions issued by DRP on filing of Objections against Draft Assessment Order within Time Limit: Delhi HC [Read Order]
The Delhi High Court recently ruled that the final assessment should be passed by the Assessing Officer (AO) in accordance with directions issued by DRP on filing of objections against draft...
![Final Assessment should be passed by AO in accordance with Directions issued by DRP on filing of Objections against Draft Assessment Order within Time Limit: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Final-Assessment-DRP-Draft-Assessment-Order-Delhi-High-Court-AO-taxscan.jpg "Final Assessment should be passed by AO in accordance with Directions issued by DRP on filing of Objections against Draft Assessment Order within Time Limit: Delhi HC [Read Order]")
Revision Order on LTCG Exemption Passed Against Buyer of Non-Existing Seller: Delhi HC Quashes Revision Order [Read Order]
The Delhi High Court quashed the revision order and held that a revisionary order under Section 263 of the Income Tax Act, 1961 could not be passed against a non-existing seller entity. The Long Term...
ITAT directs to allow Deduction on claim of Guarantee provided by trust to lending institution [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench directed the allowance of a deduction for the claim of guarantee provided by the Credit Guarantee Fund Trust for Micro and Small Enterprises, an...
![ITAT directs to allow Deduction on claim of Guarantee provided by trust to lending institution [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-Deduction-on-claim-of-Guarantee-provided-by-trust-lending-institution-TAXSCAN.jpg "ITAT directs to allow Deduction on claim of Guarantee provided by trust to lending institution [Read Order]")
Guarantee fee charged by trust for providing third-party guarantee to small-scale industries does not amount to profit motive: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that the guarantee fee charged by the trust for providing third-party guarantees to small-scale industries did not amount to a profit...
![Guarantee fee charged by trust for providing third-party guarantee to small-scale industries does not amount to profit motive: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Guarantee-fee-charged-by-trust-for-providing-third-party-guarantee-to-small-scale-industries-amount-toprofit-motive-ITAT-TAXSCAN.jpg "Guarantee fee charged by trust for providing third-party guarantee to small-scale industries does not amount to profit motive: ITAT [Read Order]")
ITAT Directs readjudication in respect of Mismatch between Form 26AS and Contract Receipts [Read Order]
The Income Tax Appellate Tribunal (ITAT), Raipur bench, directed readjudication in respect of the mismatch between 26AS and contract receipt of the assessee. Sandeep Surendran Nair, a mechanical...
![ITAT Directs readjudication in respect of Mismatch between Form 26AS and Contract Receipts [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-Directs-readjudication-in-respect-of-Mismatch-Contract-Receipts-TAXSCAN.jpg "ITAT Directs readjudication in respect of Mismatch between Form 26AS and Contract Receipts [Read Order]")
ITAT upholds deletion of disallowance of deduction claimed u/s 80G of I.T Act in respect of CSR expenses [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, upheld the deletion of disallowance of the deduction claimed under Section 80G of the Income Tax Act, 1961, in respect of Corporate Social...
![ITAT upholds deletion of disallowance of deduction claimed u/s 80G of I.T Act in respect of CSR expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-upholds-deletion-of-disallowance-of-deduction-I.T-Act-in-respect-of-CSR-expenses-TAXSCAN.jpg "ITAT upholds deletion of disallowance of deduction claimed u/s 80G of I.T Act in respect of CSR expenses [Read Order]")
ITAT directs AO to consider stamp duty value on date of Letter of Allotment for making addition u/s 56(2)(vii)(b) I.T Act [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, directed the Assessing Officer (AO) to consider the stamp duty value on the date of the letter of allotment for making additions under section...
![ITAT directs AO to consider stamp duty value on date of Letter of Allotment for making addition u/s 56(2)(vii)(b) I.T Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-AO-stamp-duty-Letter-of-Allotment-I.T-Act-ITAT-directs-AO-to-consider-stamp-duty-value-taxscan.jpg "ITAT directs AO to consider stamp duty value on date of Letter of Allotment for making addition u/s 56(2)(vii)(b) I.T Act [Read Order]")