![Bombay HC upholds ITAT Order to Allow Pro-Rata Deduction to Eligible Undertaking Developing and Building Approved Housing Projects u/S 80IB(10) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Bombay-HC-Pro-Rata-Deduction-Housing-Projects-taxscan.jpeg "Bombay HC upholds ITAT Order to Allow Pro-Rata Deduction to Eligible Undertaking Developing and Building Approved Housing Projects u/S 80IB(10) [Read Order]")
Bombay HC upholds ITAT Order to Allow Pro-Rata Deduction to Eligible Undertaking Developing and Building Approved Housing Projects u/S 80IB(10) [Read Order]
A division bench of the Bombay High Court comprising Justice Dhiraj Singh Thakur and Justice Abhay Ahuja has upheld an order of the Mumbai ITAT...
![CBDT issues Circular regarding filing of Condonation of Delay in filing Form 9A and Form 10 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/07/CBDT-Circular-Condonation-of-Delay-taxscan.jpg "CBDT issues Circular regarding filing of Condonation of Delay in filing Form 9A and Form 10 [Read Circular]")
![CBDT notifies New Application Form to Defer Appeal filing in Identical Cases [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/07/CBDT-Application-Form-Identical-Cases-taxascan.jpeg "CBDT notifies New Application Form to Defer Appeal filing in Identical Cases [Read Notification]")
![Non-Issuance of Re-Assessment Notice within prescribed Time: Madras HC quashes Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Madras-High-Court-Re-Assessment-Notice-Madras-HC-taxscan.jpeg "Non-Issuance of Re-Assessment Notice within prescribed Time: Madras HC quashes Proceedings [Read Order]")
![Speculative Transaction through Broker without Purchase of Share: ITAT deletes Addition on Purchase of Shares and Commission Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Speculative-Transaction-Broker-ITAT-Purchase-of-Shares-Commission-Expenditure-Taxscan.jpeg "Speculative Transaction through Broker without Purchase of Share: ITAT deletes Addition on Purchase of Shares and Commission Expenditure [Read Order]")
![Securities Premium cant be Taxed as Other Income u/s 56(2)(viib) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-Delhi-Securities-Premium-Tax-Other-Income-Income-Tax-Act-ITAT-taxscan.jpeg "Securities Premium cant be Taxed as Other Income u/s 56(2)(viib) of Income Tax Act: ITAT [Read Order]")
![Non-Filing of Audit Report due to Virus Attack in System: ITAT Condones Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Non-filing-Audit-Report-Virus-Attack-ITAT-Condones-Delay-taxscan.jpeg "Non-Filing of Audit Report due to Virus Attack in System: ITAT Condones Delay [Read Order]")
Section 80A(5) cannot be invoked for denying Deduction u/s 80P even if ITR is not filed: ITAT [Read Order]
The Section 80A (5) cannot be invoked for denying deduction under Section 80P even if Income Tax Return was not filed, so was held by the Income Tax Appellate Tribunal (ITAT), Bangalore. The...
![Section 80A(5) cannot be invoked for denying Deduction u/s 80P even if ITR is not filed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/deduction-ITR-ITAT-taxscan.jpeg "Section 80A(5) cannot be invoked for denying Deduction u/s 80P even if ITR is not filed: ITAT [Read Order]")
Adjustment by way of Computer generated Automated Message u/s 143(l)(a) is a Debatable Issue: ITAT rejects Plea [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) has held that adjustment by way of computer-generated automated message under section 143(l)(a) is a debatable issue and rejects plea. ...
![Adjustment by way of Computer generated Automated Message u/s 143(l)(a) is a Debatable Issue: ITAT rejects Plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Adjustment-Computer-Debatable-Issue-ITAT-taxscan.jpeg "Adjustment by way of Computer generated Automated Message u/s 143(l)(a) is a Debatable Issue: ITAT rejects Plea [Read Order]")
PCIT Fails to Mention as to How Assessment Order was Erroneous and Prejudicial to Interest of Revenue: ITAT sets aside Order issued u/s 263 [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal has held that Principal Commissioner of Income Tax (PCIT) fails to mention as to how assessment order was erroneous and prejudicial to interest of...
![PCIT Fails to Mention as to How Assessment Order was Erroneous and Prejudicial to Interest of Revenue: ITAT sets aside Order issued u/s 263 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/PCIT-Assessment-Order-Interest-Revenue-ITAT-taxcan.jpeg "PCIT Fails to Mention as to How Assessment Order was Erroneous and Prejudicial to Interest of Revenue: ITAT sets aside Order issued u/s 263 [Read Order]")
Notice u/s 148 A can’t sustain if it was issued by Violation of Natural Justice Principle: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court has held that notice u/s 148A can’t sustain if it was issued by violation of the natural justice principle and quashed the notice issued by the AO. The...
![Notice u/s 148 A can’t sustain if it was issued by Violation of Natural Justice Principle: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Delhi-High-Court-Notice-violation-natural-justiceprinciple-HC-taxscan.jpeg "Notice u/s 148 A can’t sustain if it was issued by Violation of Natural Justice Principle: Delhi HC [Read Order]")
ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench comprising Shri Saktijit Dey, Judicial Member & Shri Pradip Kumar Kedia, Accountant Member has allowed TDS credit to the assessee in the...
![ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-TDS-Credit-Credit-Claim-taxscan.jpg "ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]")