![Exemption u/s 10(23C)(iv) cannot be rejected if Net Surplus is less than 20% of Total Receipts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Chennai-Net-Surplus-cannot-be-rejected-if-Net-Surplus-Exemption-Taxscan.jpg "Exemption u/s 10(23C)(iv) cannot be rejected if Net Surplus is less than 20% of Total Receipts: ITAT [Read Order]")
Exemption u/s 10(23C)(iv) cannot be rejected if Net Surplus is less than 20% of Total Receipts: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) held that the exemption claimed under Section 10(23C)(iv) of Income Tax Act,...
![‘Beyond Scope’ of Section 153A: ITAT quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Itat-Assessment-Order-Section-153A-itat-on-Section-153A-itat-on-assessment-order-itat-about-assessment-order-news-about-itat-ITAT-quashes-Assessment-Order-tax-news-taxscan.jpg "‘Beyond Scope’ of Section 153A: ITAT quashes Assessment Order [Read Order]")
![CIT(A) Fails to Verify Correct Date of Filing Income Tax Return: ITAT Restores Case to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-CITA-Income-Tax-Return-Income-Tax-CITA-Fails-Commissioner-of-Income-Tax-Appeals-Taxscan.jpg "CIT(A) Fails to Verify Correct Date of Filing Income Tax Return: ITAT Restores Case to CIT(A) [Read Order]")
![Assessment Order passed under CGST Act without Affording Opportunity of Hearing is Invalid: Calcutta High Court directs Re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-Court-CGST-Act-Goods-And-Services-Tax-Assessment-Order-Hearing-rights-TAXSCAN.jpg "Assessment Order passed under CGST Act without Affording Opportunity of Hearing is Invalid: Calcutta High Court directs Re adjudication [Read Order]")
Failure to Deposit Advance Tax u/s 249(4)(b) of Income Tax Act due to Loss: ITAT remands Matter back to CIT(A) [Read Order]
Recently, the Income Tax Appellate Authority ( ITAT ) of Hyderabad remanded a case back to the Commissioner of Income Tax (Appeals) [ CIT (A) ] in a matter concerning non-payment of advance tax under...
![Failure to Deposit Advance Tax u/s 249(4)(b) of Income Tax Act due to Loss: ITAT remands Matter back to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-ITAT-Income-Tax-Appellate-Authority-Income-Tax-Officer-TAXSCAN-4.jpg "Failure to Deposit Advance Tax u/s 249(4)(b) of Income Tax Act due to Loss: ITAT remands Matter back to CIT(A) [Read Order]")
AO's Order must be Erroneous and Prejudicial to invoke Section 263: ITAT sets aside Revision Order [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) orders that the assessing officer’s assessment order must be erroneous and prejudicial to invoke Section 263 of the Income Tax Act,...
![AOs Order must be Erroneous and Prejudicial to invoke Section 263: ITAT sets aside Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Revision-order-Income-Tax-Act-jurisdiction-ITAT-sets-aside-Order-ITAT-Order-Taxscan.jpg "AOs Order must be Erroneous and Prejudicial to invoke Section 263: ITAT sets aside Revision Order [Read Order]")
![Failure to Issue Income Tax Notice u/s 143(2) Fatal and not Curable u/s 292B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-Tax-ITAT-Bangalore-Income-Tax-Notice-Section-1432-Income-tax-act-taxscan.jpg "Failure to Issue Income Tax Notice u/s 143(2) Fatal and not Curable u/s 292B: ITAT [Read Order]")
Faceless Personal Hearing u/s 144B(6)(8) should be Granted Mandatorily if Requested: Madras HC [Read Order]
The Madras High Court has ruled that a faceless hearing under Section 144B(6)(8) of the Income Tax Act, 1961, must be granted if requested. This court set aside the assessment order that had...
![Faceless Personal Hearing u/s 144B(6)(8) should be Granted Mandatorily if Requested: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Madras-High-Court-Section-144B68-of-the-Income-Tax-Act-Faceless-Hearing-taxscan.jpeg "Faceless Personal Hearing u/s 144B(6)(8) should be Granted Mandatorily if Requested: Madras HC [Read Order]")
Orissa High Court sets aside Ex Parte Tax Assessment Order for Failure to Serve Notice, directs Fresh Hearing [Read Order]
The High Court of Orissa set aside an ex parte assessment order, citing the failure to serve notice and directing a fresh hearing. The petitioner, M/s. Krishna Motors, challenged the order dated...
Exparte GST Order passed as Assessee not able to File Reply to SCN: Orissa HC allows One Chance to File Reply [Read Order]
In a recent case, the Orissa High Court allowed one chance to file a reply against the show cause notice ( SCN )Â under the goods and service tax ( GST ) and the Exparte GST order. M/s. Nirmal...
![Exparte GST Order passed as Assessee not able to File Reply to SCN: Orissa HC allows One Chance to File Reply [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/GST-GST-Order-passed-show-cause-notice-SCN-Orissa-High-Court-Exparte-GST-order-taxscan.jpg "Exparte GST Order passed as Assessee not able to File Reply to SCN: Orissa HC allows One Chance to File Reply [Read Order]")
Orissa High Court sets aside Ex Parte GST Assessment Order due to lack of Notice; Fresh Hearing Scheduled [Read Order]
The Orissa High Court had set aside the impugned order under specific conditions. Firstly, the petitioner is required to file a reply to the show cause notice by July 8, 2024. Subsequently, the...
