![ITAT confirms Penalty since Assessee failed to Furnish Audit Report despite CBDT extended Due Date [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Audit-Report-Taxscan.jpg "ITAT confirms Penalty since Assessee failed to Furnish Audit Report despite CBDT extended Due Date [Read Order]")
ITAT confirms Penalty since Assessee failed to Furnish Audit Report despite CBDT extended Due Date [Read Order]
The Cochin bench of the Income Tax Appellate Tribunal ( ITAT ) has confirmed the penalty since assessee failed to furnish Audit Report despite CBDT...
![Relaxation to Income Tax Returns and Audit Reports filed till February 28th in Kerala [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Income-Tax-Department-Taxscan.jpg "Relaxation to Income Tax Returns and Audit Reports filed till February 28th in Kerala [Read Order]")
![Tamil Nadu Tax Dept to accept Audit Report Manually [Read Letter]](https://www.taxscan.in/wp-content/uploads/2018/01/Audit-Report-VAT-Taxscan.jpg "Tamil Nadu Tax Dept to accept Audit Report Manually [Read Letter]")
![Audit Objection is merely ‘Information’: Delhi High Court quashes Re-Assessment [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/11/Audit-Party-Taxscan.jpg "Audit Objection is merely ‘Information’: Delhi High Court quashes Re-Assessment [Read Judgment]")
![Re-Assessment can’t be made on the basis of Audit Query: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Re-Assessment.jpg "Re-Assessment can’t be made on the basis of Audit Query: ITAT [Read Order]")
![ICAI submits Annual Report and Audited Accounts of the Institute for the year 2017-18 [Read Report]](https://www.taxscan.in/wp-content/uploads/2018/06/ICAI-Valuation-Taxscan.jpg "ICAI submits Annual Report and Audited Accounts of the Institute for the year 2017-18 [Read Report]")
S. 80IB Deduction available even if Form 10CCB Audit Report is filed before Completion of Assessment: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that the benefit of Section 80IB of the Income Tax Act is available to the assessee even if the audit report in Form 10CCB is not filed...
![Govt Notifies Tax Exemption to Scientific Research Association [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/Tax-Exemptions-Tax-Scan.jpg "Govt Notifies Tax Exemption to Scientific Research Association [Read Notification]")
ITAT Deletes Penalty since Delay in filing Audit Report was due to Dispute with Auditor [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) deleted the penalty imposed by the Assessing Officer (AO) on ground that the delay in the submission of audit report was due to dispute with the...
It is Assessees’ Duty to ensure that Audited Books are submitted on time and that CA does his job properly: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that it is the responsibility of the assessee to ensure that the audited books are submitted in stipulated time and that Chartered...
![It is Assessees’ Duty to ensure that Audited Books are submitted on time and that CA does his job properly: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/Penalty-TaxScan.jpg "It is Assessees’ Duty to ensure that Audited Books are submitted on time and that CA does his job properly: ITAT [Read Order]")
Deduction u/s 80IC cannot be denied merely on Ground of Non-Submission of Audit Report alongwith Return: ITAT Delhi [Read Order]
The Delhi Income Tax Appellate Tribunal (ITAT), on Monday ruled that submission of audit report for claiming deduction u/s 80IC of the Income Tax Act, 1961 is merely a matter of procedure and...
![Deduction u/s 80IC cannot be denied merely on Ground of Non-Submission of Audit Report alongwith Return: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deduction-Taxscan.jpg "Deduction u/s 80IC cannot be denied merely on Ground of Non-Submission of Audit Report alongwith Return: ITAT Delhi [Read Order]")