Read all Latest Updates on and about B.R. Baskaran

Top

Begin typing your search above and press return to search.

Home
»
B.R. Baskaran

Exempt LTCG under India-Mauritius DTAA cannot be Adjusted against Taxable Losses: ITAT [Read Order]

Adwaid M S

The Income Tax Appellate Tribunal (ITAT) Mumbai Bench has held that long-term capital gains (LTCG) exempt under the India-Mauritius Double Taxation...

No Income Tax Payable on New Flat Received in Exchange for Old One: ITAT deletes Addition u/s...

Allegation of Bogus Donation: ITAT Allows Income Tax Deduction u/s 35 (1)(ii) in Absence of Material...

ITAT deletes Addition of ‘On Money’ due to Lack of Information about Receipt of Money [Read Order]

Purchase and Sale of Shares Transactions cannot be considered bogus when Documentary Evidence...

Material /document Uncovered during Search Raises no doubt or suspicion against Taxpayer: ITAT deletes addition u/s 153A [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) deleted addition under Section 153A of the Income Tax Act, 1961 as material uncovered during search raises no doubt or suspicion against...

Routine establishment Expenses and Interest on Loan taken for General Business Purposes is required to be allowed as Deduction: ITAT sets aside order passed by CIT (A) [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) sets aside the order passed by CIT (A), emphasizing that routine establishment expenses and interest on loans taken for general business...

Territorial Jurisdiction of AO is determined on basis of place where assessee Resides or Carries Business or Profession: ITAT allows appeal [Read Order]

The Income Tax Appellate Tribunal (ITAT) of Pune bench while allowing the appeal filed by the assessee held that territorial jurisdiction of the AO is determined on the basis of place where the...

Information found in Pen Drive/Laptop of employees cannot be considered as Credible Evidence: ITAT deletes addition under Income Tax Act [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that information found in the pen drive /laptop of employees cannot be considered as credible evidence and directed to delete the...

ITAT Quashes reassessment proceedings framed on information received from DDIT due to Non Application of mind by AO [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Mumbai bench quashed reassessment proceedings framed on information received from the DDIT due to non application of mind by the assessing officer. The...

Relief to Vodafone: ITAT allows deduction u/s 80 IA of Income Tax Act to undertakings providing telecommunication services [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal has ruled in favour of Vodafone Idea, granting relief by allowing deduction under Section 80IA of the Income Tax Act 1961, for undertakings for...

ITAT Annual Digest [Part - 40]

This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate...