![Kerala HC stays Income Tax Recovery Proceedings, directs CIT (A) to Pass Necessary Orders on Condonation Application and Stay Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Kerala-High-Court-Kerala-HC-Income-Tax-Recovery-Proceedings-Income-Tax-ITAT-Condonation-application-Taxscan.jpg "Kerala HC stays Income Tax Recovery Proceedings, directs CIT (A) to Pass Necessary Orders on Condonation Application and Stay Petition [Read Order]")
Kerala HC stays Income Tax Recovery Proceedings, directs CIT (A) to Pass Necessary Orders on Condonation Application and Stay Petition [Read Order]
In a recent ruling, the Kerala High Court stayed Income Tax recovery proceedings and directed the Commissioner of Income Tax Appeal ( CIT (A) ) to...
![Assessment Order issued beyond Time-Limit u/s 144C(13) of Income Tax Act is Unsustainable: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Madras-High-Court-Assessment-Order-Income-Tax-Income-tax-news-taxscan.jpg "Assessment Order issued beyond Time-Limit u/s 144C(13) of Income Tax Act is Unsustainable: Madras HC [Read Order]")
![Period Prescribed u/s 153(3) of Income Tax Act be Computed from Date of Receipt of ITAT Order: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Delhi-High-Court-ITAT-Income-tax-Income-tax-news-Receipt-taxscan.jpg "Period Prescribed u/s 153(3) of Income Tax Act be Computed from Date of Receipt of ITAT Order: Delhi HC [Read Order]")
![No ground to entertain Writ Petition where there is equally efficacious remedy available before ITAT: Kerala HC dismisses Writ Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/No-ground-to-entertain-Writ-Petition-efficacious-remedy-available-ITAT-Kerala-HC-writ-petition-taxscan.jpg "No ground to entertain Writ Petition where there is equally efficacious remedy available before ITAT: Kerala HC dismisses Writ Petition [Read Order]")
![ITAT quashes Ex-Parte Assessment Order passed without considering Valuation Report u/s 12A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Hyderabad-Income-tax-Income-tax-news-Assessment-Order-taxscan.jpg "ITAT quashes Ex-Parte Assessment Order passed without considering Valuation Report u/s 12A of Income Tax Act [Read Order]")
Depreciation Income not claimed as Corresponding Deferred Grant Income was included as Receipts u/s 11: ITAT directs Re adjudication [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) directed re-adjudication as depreciation income was not claimed, given that corresponding deferred grant income was included as...
![Depreciation Income not claimed as Corresponding Deferred Grant Income was included as Receipts u/s 11: ITAT directs Re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Depreciation-Income-Claimed-Corresponding-Deferred-Grant-Income-Receipts-ITAT-Re-adjudication-taxscan.jpg "Depreciation Income not claimed as Corresponding Deferred Grant Income was included as Receipts u/s 11: ITAT directs Re adjudication [Read Order]")
Income from fixed Deposits of co-operative banks are eligible for Deduction u/s 80P(2)(d) of Income Tax Act: ITAT [Read Order]
The Mumbai bench Income Tax Appellate Tribunal ( ITAT ) held that income from the fixed deposit of cooperative banks are eligible for deduction under Section 80P(2)(d) of Income Tax Act, 1961. In...
![Income from fixed Deposits of co-operative banks are eligible for Deduction u/s 80P(2)(d) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-Income-Tax-Fixed-Deposits-Income-Tax-Deduction-taxscan.jpg "Income from fixed Deposits of co-operative banks are eligible for Deduction u/s 80P(2)(d) of Income Tax Act: ITAT [Read Order]")
Continuation of Proceedings Culminating in Assessment Order not valid upon Issuance of Order in Form ASMT-12 Recording that no further action required: Madras HC [Read Order]
In a recent decision, the Madras High Court observed that the continuation of proceedings culminating in assessment order not valid upon issuance of order in Form ASMT-12 recording that no further...
Stay Application against Income Tax Assessment Order: Kerala HC directs to Keep Recovery Proceedings in Abeyance Till Disposal of Stay Petition [Read Order]
The Kerala High Court directed the Income-tax authority to keep recovery proceedings in abeyance till the disposal of the stay petition against the Income Tax Assessment Order. The Court also...
![Stay Application against Income Tax Assessment Order: Kerala HC directs to Keep Recovery Proceedings in Abeyance Till Disposal of Stay Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Stay-Application-Income-Tax-Assessment-Order-Recovery-Proceedings-Stay-Petition-Stay-Application-against-Income-Tax-Assessment-Order-Assessment-Order-taxscan.jpg "Stay Application against Income Tax Assessment Order: Kerala HC directs to Keep Recovery Proceedings in Abeyance Till Disposal of Stay Petition [Read Order]")
Income Tax Dept must mandatorily follow Digital Evidence Investigation Manual by CBDT while conducting searches and seizing electronic evidence: Madras HC [Read Order]
A Single Bench of the Madras High Court ruled that Income Tax Department should mandatorily follow Digital Evidence Investigation Manual by the Central Board of Direct Taxes ( CBDT ) while conducting...
![Income Tax Dept must mandatorily follow Digital Evidence Investigation Manual by CBDT while conducting searches and seizing electronic evidence: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Madras-High-Court-CBDT-Income-Tax-Income-Tax-Department-taxscan.jpg "Income Tax Dept must mandatorily follow Digital Evidence Investigation Manual by CBDT while conducting searches and seizing electronic evidence: Madras HC [Read Order]")
No appeal should be filed when Moratorium u/s 14 IBC are issued by NCLT for initiating CIRP: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) ruled that no appeal should be filed when moratoriums under Section 14 of Insolvency and Bankruptcy Code ( IBC )are issued by the National...
![No appeal should be filed when Moratorium u/s 14 IBC are issued by NCLT for initiating CIRP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-IBC-NCLT-Income-Tax-TAXSCAN.jpg "No appeal should be filed when Moratorium u/s 14 IBC are issued by NCLT for initiating CIRP: ITAT [Read Order]")
Non-Forwarding of draft Assessment Order specified u/s 144C(1) of Income Tax Act: ITAT quashed Assessment order [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) recently quashed assessment order passed under Section 153C of the Income Tax Act, 1961 due to non-filing of draft assessment order specified...
![Non-Forwarding of draft Assessment Order specified u/s 144C(1) of Income Tax Act: ITAT quashed Assessment order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Assessment-order-Draft-Assessment-Order-Tax-assessment-order-issues-taxscan.jpg "Non-Forwarding of draft Assessment Order specified u/s 144C(1) of Income Tax Act: ITAT quashed Assessment order [Read Order]")