![Payments by Supervisors to Individual Labourers, each not Exceeding Rs. 20,000, cannot be Disallowed under Section 40A(3) of Income Tax Act: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Payments-Payments-by-Supervisors-to-Individual-Labourers-calcuttahc-taxscan.jpg "Payments by Supervisors to Individual Labourers, each not Exceeding Rs. 20,000, cannot be Disallowed under Section 40A(3) of Income Tax Act: Calcutta HC [Read Order]")
Payments by Supervisors to Individual Labourers, each not Exceeding Rs. 20,000, cannot be Disallowed under Section 40A(3) of Income Tax Act: Calcutta HC [Read Order]
In a significant ruling the Calcutta High Court observed that the payments by supervisors to individual labourers, each not exceeding Rs. 20,000,...
![CBDT notifies Income Tax Returns Form ITR-1 and Form ITR-4 for AY 2024-25 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/12/CBDT-Income-Tax-Returns-Form-ITR-1-Form-ITR-4-AY-2024-25-TAXSCAN.jpg "CBDT notifies Income Tax Returns Form ITR-1 and Form ITR-4 for AY 2024-25 [Read Notification]")
![Application for Condonation of Delay after 6 Years from end of Assessment Year: Kerala HC dismisses Writ Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Condonation-of-Delay-Assessment-Year-Kerala-High-Court-Writ-Petition-Application-for-Condonation-of-Delay-taxscan.jpg "Application for Condonation of Delay after 6 Years from end of Assessment Year: Kerala HC dismisses Writ Petition [Read Order]")
![Delay of 400 days: Kerala HC directs KVAT Tribunal to pass appropriate orders on an application for delay condonation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Kerala-HC-KVAT-Tribunal-appropriate-orders-application-delay-condonation-TAXSCAN.jpg "Delay of 400 days: Kerala HC directs KVAT Tribunal to pass appropriate orders on an application for delay condonation [Read Order]")
Challenge on Assessment under Central Sales Tax Act: Supreme Court Directs Renault Nissan Automotive India to Pay 10 Crores
The Supreme Court of India in a recent case directed Renault Nissan Automotive India Pvt ltd to Pay 10 Crores to the Sale Tax Department. The Special Leave to Appeal(SLP) arose out of the impugned...
Revision Application u/s 58 of UP VAT Act, Benefit of Exemption /Deduction must be Decide by Following Stricter Approach: Allahabad HC [Read Order]
The Allahabad High Court in the case of revision application under section 58 of the Uttar Pradesh (UP)Value Added Tax Act, 2008, held that the benefit of exemption /deduction must be decided by...
![Revision Application u/s 58 of UP VAT Act, Benefit of Exemption /Deduction must be Decide by Following Stricter Approach: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Revision-Application-UP-VAT-Act-Exemption-Deduction-Stricter-Approach-Allahabad-HC-TAXSCAN.jpg "Revision Application u/s 58 of UP VAT Act, Benefit of Exemption /Deduction must be Decide by Following Stricter Approach: Allahabad HC [Read Order]")
Delhi HC declares CBDT Instruction dated 11th May 2022 to the Extent which Propounds 'Travel back in Time' theory Bad in Law [Read Order]
The Delhi High court has observed that the reference made in paragraphs 6.1 and 6.2(ii) of the Instruction No. 01 of 2022 dated 11.05.2022, to the extent it propounds the “travel back in time”...
Difference in Opening Stock and Closing Stock due to Clerical Mistake in ITR: ITAT upholds deletion of Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi bench observed that difference in the opening stock and closing stock of assessee arised due to the clerical mistake of Filing Income Tax Return....
![Difference in Opening Stock and Closing Stock due to Clerical Mistake in ITR: ITAT upholds deletion of Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Difference-Opening-Stock-Closing-Stock-Clerical-Mistake-ITR-ITAT-TAXSCAN.jpg "Difference in Opening Stock and Closing Stock due to Clerical Mistake in ITR: ITAT upholds deletion of Addition [Read Order]")
Notice for penalty u/s 274 of Income Tax Act proceedings is initiated against inaccurate particulars of income not for Concealment of Income: ITAT deletes Penalty 9 [ Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune bench held that notice for penalty under Section 274 of the Income Tax Act, 1961 proceedings is initiated against inaccurate particulars of income not...
![Notice for penalty u/s 274 of Income Tax Act proceedings is initiated against inaccurate particulars of income not for Concealment of Income: ITAT deletes Penalty 9 [ Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Notice-penalty-Income-Tax-Act-proceedings-inaccurate-income-Concealment-Income-ITAT-Penalty-TAXSCAN.jpg "Notice for penalty u/s 274 of Income Tax Act proceedings is initiated against inaccurate particulars of income not for Concealment of Income: ITAT deletes Penalty 9 [ Read Order]")
Relief to Indus Towers: Delhi HC quashes Assessment Order under Income Tax Act on non compliance of Natural Justice [Read Order]
In a major relief to Indus Towers, the Delhi High Court quashed assessment order under the Income Tax Act, 1961 on non compliance of natural justice. The grievance of the petitioner is that...
![Relief to Indus Towers: Delhi HC quashes Assessment Order under Income Tax Act on non compliance of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Relief-Indus-TOWER-Delhi-HC-Assessment-Order-Income-Tax-Act-Natural-Justice-TAXSCAN.jpg "Relief to Indus Towers: Delhi HC quashes Assessment Order under Income Tax Act on non compliance of Natural Justice [Read Order]")