![Disallowance u/s 14AÂ of Income Tax Act only covers Expense Regarding Exempt Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/itat-hyderabad-Exempt-income-disallowance-ITAT-and-criteria-for-disallowance-Income-tax-act-Exempt-Income-Taxscan.jpeg "Disallowance u/s 14AÂ of Income Tax Act only covers Expense Regarding Exempt Income: ITAT [Read Order]")
Disallowance u/s 14AÂ of Income Tax Act only covers Expense Regarding Exempt Income: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) has held that disallowance under section 14AÂ of the Income Tax Act, 1961 only...
![Directors Salary and Handover Facility Expenses are Incurred Yearly and are Business Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Directors-Salary-Directors-Salary-and-Handover-Facility-Expenses-Business-Expenses-ITAT-taxscan.jpg "Directors Salary and Handover Facility Expenses are Incurred Yearly and are Business Expenses: ITAT [Read Order]")
![ITAT Annual Digest [Part 54]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ANNUAL-DIGEST-PART-54-ITAT-ITAT-ANNUAL-DIGEST-taxscan.jpg "ITAT Annual Digest [Part 54]")
![ITAT Annual Digest [Part 51]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ANNUAL-DIGEST-PART-51-ITAT-ITAT-ANNUAL-DIGEST-taxscan.jpg "ITAT Annual Digest [Part 51]")
Commission paid to agents outside India does not fall u/s 9(1)(vii) in absence of any Services of Technical Nature: ITAT sets aside Disallowance made by AO [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) observed that Commission Paid to Agents Outside India does not Fall under section 9(1)(vii) of the Income Tax Act, 1961 in the absence of...
![Commission paid to agents outside India does not fall u/s 9(1)(vii) in absence of any Services of Technical Nature: ITAT sets aside Disallowance made by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Disallowance-Made-by-Assessing-Officer-Income-Tax-Act-ITAT-TAXSCAN.jpg "Commission paid to agents outside India does not fall u/s 9(1)(vii) in absence of any Services of Technical Nature: ITAT sets aside Disallowance made by AO [Read Order]")
Section 80IA(4)(ii) of IT Act would still apply even if same undertaking were to expand or add services: Delhi HC dismisses Appeal [Read Order]
In a significant case, the Delhi High Court while dismissing the appeal held that section 80IA(4)(ii) of Income Tax Act would still apply even if the same undertaking were to expand or...
![Section 80IA(4)(ii) of IT Act would still apply even if same undertaking were to expand or add services: Delhi HC dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Delhi-High-Court-Income-Tax-Act-Delhi-High-Court-dismisses-Appeal-TAXSCAN.jpg "Section 80IA(4)(ii) of IT Act would still apply even if same undertaking were to expand or add services: Delhi HC dismisses Appeal [Read Order]")
Madras HC quashes Non-Speaking Order of NFAC in Appeal against Addition u/s 115BE, remands matter [Read Order]
A single judge of the Madras High Court set aside an order against an assessee. The Court questioned the application of mind of the Assessing Officer in fixing the liability of the Asseessee. ...
Minor delays in uploading Assessment Orders or generating DIN will not render assessments unsustainable: ITAT [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) observed that minor delays in uploading assessment orders or generating Document Identification Number (DIN) will not render...
![Minor delays in uploading Assessment Orders or generating DIN will not render assessments unsustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Chandigarh-Assessment-order-Document-Identification-Number-DIN-generation-Delay-in-Assessment-Order-Income-Tax-Appellate-Tribunal-taxscan.jpg "Minor delays in uploading Assessment Orders or generating DIN will not render assessments unsustainable: ITAT [Read Order]")
Penalty Proceedings under Income Tax Act initiated on Wrong Assumption: Madras HC sets Aside the Proceedings [Read Order]
The Madras High Court set aside the penalty proceedings under the Income Tax Act, 1961 initiated on the wrong assumption. Anamallais Bus Transports P Ltd, the petitioner assessee-Company has...
![Penalty Proceedings under Income Tax Act initiated on Wrong Assumption: Madras HC sets Aside the Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Penalty-Proceedings-Income-Tax-Act-Wrong-Assumption-Madras-HC-taxscan.jpg "Penalty Proceedings under Income Tax Act initiated on Wrong Assumption: Madras HC sets Aside the Proceedings [Read Order]")
