![ITAT Upholds CIT(A) Deletion of Rs. 1.67 Cr u/s 14A Due to No Exempt Income[Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-CITA-Deletion-us-14A-Due-to-No-Exempt-Income-TAXSCAN.jpg "ITAT Upholds CIT(A) Deletion of Rs. 1.67 Cr u/s 14A Due to No Exempt Income[Read Order]")
ITAT Upholds CIT(A) Deletion of Rs. 1.67 Cr u/s 14A Due to No Exempt Income[Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals) [CIT(A)] decision to delete a disallowance...
![ITAT quashes Reopening of Assessment due to Procedural Flaws in issuance of Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-Tax-Reopening-of-Assessment-ITAT-quashes-assessment-reopening-Taxscan.jpg "ITAT quashes Reopening of Assessment due to Procedural Flaws in issuance of Notice [Read Order]")
![ITAT Deletes ₹4.96 Crore Addition Citing Need for Fresh Valuation Instead of DVOs Seller Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-ITAT-Deletes-Addition-District-Valuation-Officer-DVO-Valuation-Income-Tax-Taxscan.jpg "ITAT Deletes ₹4.96 Crore Addition Citing Need for Fresh Valuation Instead of DVOs Seller Valuation [Read Order]")
![ITAT restores Assessment for Fresh Consideration due to Lack of Fair Opportunity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Lack-of-Fair-Opportunity-ITAT-Restores-Assessment-Fresh-assessment-ordered-by-ITAT-Income-Tax-taxscan.jpg "ITAT restores Assessment for Fresh Consideration due to Lack of Fair Opportunity [Read Order]")
![Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Visakapatanam-Kaccha-Arahtia-Sales-of-Kaccha-Arahtia-TDS-Tax-Deducted-at-Source-Income-Tax-Section-44AB-of-Income-Tax-Act-taxscan.jpg "Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]")
Relief to BPCL: CESTAT Remands Case on Excess and Short Receipts of Petroleum Products for Clarification and Reconciliation [Read Order]
The Bangalore bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) provided relief to Bharat Petroleum Corporation Limited (BPCL) by remanding the case regarding excess and...
![Relief to BPCL: CESTAT Remands Case on Excess and Short Receipts of Petroleum Products for Clarification and Reconciliation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/CESTAT-CESTAT-Bangalore-BPCL-Relief-to-BPCL-CESTAT-Remands-Case-Petroleum-Products-Petroleum-TAXSCAN.webp "Relief to BPCL: CESTAT Remands Case on Excess and Short Receipts of Petroleum Products for Clarification and Reconciliation [Read Order]")
Foreign Tax Credit already Paid: ITAT directs to Exclude Foreign Assignment Salary for Income Recomputation [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) A Bench, Chennai directed to exclude the Foreign Assignment Salary for Income Recomputation, as the Foreign Tax Credit has already been paid. The above...
![Foreign Tax Credit already Paid: ITAT directs to Exclude Foreign Assignment Salary for Income Recomputation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Foreign-Salary-Tax-Tax-Credit-ITAT-Updates-TAXSCAN.jpg "Foreign Tax Credit already Paid: ITAT directs to Exclude Foreign Assignment Salary for Income Recomputation [Read Order]")
Traders Entitled to Exemption under Notification No. 102/2007-Cus for SAD Payments without Endorsement on Invoices: CESTAT [Read Order]
In the recent ruling,the Bangalore bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) affirmed that traders are entitled to exemption under Notification No. 102/2007-Cus for...
![Traders Entitled to Exemption under Notification No. 102/2007-Cus for SAD Payments without Endorsement on Invoices: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CESTAT-Bangalore-Special-Additional-Duty-Customs-Duty-TAXSCAN.jpg "Traders Entitled to Exemption under Notification No. 102/2007-Cus for SAD Payments without Endorsement on Invoices: CESTAT [Read Order]")
Lower Authorities passed Orders Overlooking SC Precedents: ITAT directs AO to Reconsider 80P deduction under Income Tax [Read Order]
In a recent ruling, the Banglore bench of the Income Tax Appellate Tribunal ( ITAT ) set aside orders passed by lower authorities noting that while passing the said orders, the lower authorities...
![Lower Authorities passed Orders Overlooking SC Precedents: ITAT directs AO to Reconsider 80P deduction under Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Appellate-Tribunal-ITAT-Banglore-Lower-Authorities-ITAT-Directs-AO-Reconsider-80P-deduction-under-Income-Tax-Income-Tax-TAXSCAN.jpg "Lower Authorities passed Orders Overlooking SC Precedents: ITAT directs AO to Reconsider 80P deduction under Income Tax [Read Order]")
Eligibility of Concessional Duty is available on when DTA Clearances within 50% of overall Ceiling of FOB Value of Exports: CESTAT [Read Order]
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) held that the eligibility of concessional duty is available on when the Domestic Tariff Area ( DTA )...
![Eligibility of Concessional Duty is available on when DTA Clearances within 50% of overall Ceiling of FOB Value of Exports: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/CESTAT-DTA-FOB-Value-of-Exports-Eligibility-of-Concessional-Duty-Taxscan.jpg "Eligibility of Concessional Duty is available on when DTA Clearances within 50% of overall Ceiling of FOB Value of Exports: CESTAT [Read Order]")
Failure to Verify Genuineness of Person who claims to be authorised representative of Exporter, by CB: CESTAT upholds Penalty [Read Order]
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) upheld the penalty as there was failure on part of the customs broker ( CB ) to verify genuineness of person...
![Failure to Verify Genuineness of Person who claims to be authorised representative of Exporter, by CB: CESTAT upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/CESTAT-Bangalore-Customs-broker-penalty-Customs-broker-Genuineness-verification-failure-taxscan.jpg "Failure to Verify Genuineness of Person who claims to be authorised representative of Exporter, by CB: CESTAT upholds Penalty [Read Order]")
Taxable Contract Income is higher than fixed price contract value u/S 97 of Income Tax Act: ITAT deletes Income Tax Addition [Read Order]
The Chennai bench of the the Income Tax Appellate Tribunal ( ITAT ) decided to delete the income tax addition, as it found that the taxable contract income exceeded the fixed price contract value...
![Taxable Contract Income is higher than fixed price contract value u/S 97 of Income Tax Act: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Income-Tax-Act-ITAT-deletes-Income-Tax-Addition-TAXSCAN.jpg "Taxable Contract Income is higher than fixed price contract value u/S 97 of Income Tax Act: ITAT deletes Income Tax Addition [Read Order]")