![ITAT directs Re-adjudication of Foreign Income earned by Deceased Assessee depending on Residential Status of Previous Year, not that of the Executor [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/ITAT-directs-Re-adjudication-of-Foreign-Income-Deceased-Assessee-depending-on-Residential-Status-of-Previous-Year-Executor-TAXSCAN.jpg "ITAT directs Re-adjudication of Foreign Income earned by Deceased Assessee depending on Residential Status of Previous Year, not that of the Executor [Read Order]")
ITAT directs Re-adjudication of Foreign Income earned by Deceased Assessee depending on Residential Status of Previous Year, not that of the Executor [Read Order]
The Income Tax Appellate Tribunal (ITAT)Â Mumbai bench directed readjudication of foreign Income earned by the deceased assessee depending on...
![Ignoring IT Proceedings: ITAT imposes a cost to make Assessee understand the Seriousness of Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Ignoring-IT-Proceedings-IT-proceedings-ITAT-imposes-a-cost-to-make-Assessee-understand-the-Seriousness-of-Income-Tax-Proceedings-ITAT-taxscan.jpg "Ignoring IT Proceedings: ITAT imposes a cost to make Assessee understand the Seriousness of Income Tax Proceedings [Read Order]")
![Re-Assessment Proceedings u/s 147 of Income Tax Act can be Initiated on Relevant Material on Which Reasonable Person can Form Requisite Belief that Income Tax has Escaped: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Re-Assessment-Re-Assessment-Proceedings-Income-Tax-Act-Reasonable-Person-ITAT-taxscan.jpg "Re-Assessment Proceedings u/s 147 of Income Tax Act can be Initiated on Relevant Material on Which Reasonable Person can Form Requisite Belief that Income Tax has Escaped: ITAT [Read Order]")
![No initiation of disallowances is required under Rule 8D(2)(i) if Direct Expenses not debited to P/L Account of Business: ITAT sets aside Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-initiation-disallowances-No-initiation-of-disallowances-Direct-Expenses-Account-of-Business-Business-ITAT-taxscan.jpg "No initiation of disallowances is required under Rule 8D(2)(i) if Direct Expenses not debited to P/L Account of Business: ITAT sets aside Order of CIT(A) [Read Order]")
![No Defective Notice Can be Issued by CPC If Business Receipt is Less than Threshold Limit Prescribed u/s 44AB of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-Defective-Notice-Defective-Notice-No-Defective-Notice-Can-be-Issued-by-CPC-CPC-taxscan.jpg "No Defective Notice Can be Issued by CPC If Business Receipt is Less than Threshold Limit Prescribed u/s 44AB of Income Tax Act: ITAT [Read Order]")
Donation received for Capital Projects of Trust are Corpus Donations: ITAT directs re-adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that donations received for capital projects of trust are corpus donations. Thus, the bench directed for readjudication of the copies of...
![Donation received for Capital Projects of Trust are Corpus Donations: ITAT directs re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Donation-Capital-Projects-Donation-received-for-Capital-Projects-of-Trust-Trust-Corpus-Donations-taxscan.jpg "Donation received for Capital Projects of Trust are Corpus Donations: ITAT directs re-adjudication [Read Order]")
![Assessment Order in Name of Non-existing Entity is Void: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Assessment-Order-Name-of-Non-existing-Entity-is-Void-ITAT-TAXSCAN.jpg "Assessment Order in Name of Non-existing Entity is Void: ITAT [Read Order]")
Failure by Authorities to provide necessary Documents Results in Denial of Justice: ITAT directs AO to provide Requisite Documents to Assessee for Reasonable Opportunity [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) restored the file back to the Assessing Officer (AO) with the direction to provide the requisite documents as asked for the Assessee and a...
![Failure by Authorities to provide necessary Documents Results in Denial of Justice: ITAT directs AO to provide Requisite Documents to Assessee for Reasonable Opportunity [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Failure-by-Authorities-to-provide-necessary-Documents-results-in-denial-of-Justice-ITAT-AO-requisite-documents-to-Assessee-for-reasonable-opportunity-TAXSCAN.jpg "Failure by Authorities to provide necessary Documents Results in Denial of Justice: ITAT directs AO to provide Requisite Documents to Assessee for Reasonable Opportunity [Read Order]")
ITAT Deletes Addition Made Towards Share Application Money Recorded in Books of Account on Unabated Assessment Year [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Mumbai Bench deleted the addition made towards share application money recorded in books of account on unabated assessment year. The assessee Morpan...
![ITAT Deletes Addition Made Towards Share Application Money Recorded in Books of Account on Unabated Assessment Year [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-deletes-addition-Share-Application-Money-Books-of-Account-taxscan.jpg "ITAT Deletes Addition Made Towards Share Application Money Recorded in Books of Account on Unabated Assessment Year [Read Order]")
Addition Made Purely on Estimation Basis , No Penalty shall be Leviable u/s 271(1)(c) of Income Tax Act : ITAT Deletes Penalty [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that the penalty levied under Section 271(1)(c) of the Income Tax Act,1961 is liable to be cancelled in the instant cases since the...
![Addition Made Purely on Estimation Basis , No Penalty shall be Leviable u/s 271(1)(c) of Income Tax Act : ITAT Deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Addition-Made-Purely-Estimation-Basis-No-Penalty-Leviable-Income-Tax-Act-TAXSCANAddition-Made-Purely-Estimation-Basis-No-Penalty-Leviable-Income-Tax-Act-TAXSCAN.jpg "Addition Made Purely on Estimation Basis , No Penalty shall be Leviable u/s 271(1)(c) of Income Tax Act : ITAT Deletes Penalty [Read Order]")
Telecommunication Charges incurred for delivery of Computer Software Outside India shall be excluded from Export Turnover for Computing Deduction u/s 10A of Income Tax Act: ITAT remand issue to the file of Assessing Officer
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently held that telecommunication charges incurred for delivery of computer software outside India should be excluded from...
Deduction for Revenue from Onsite Services cannot be denied on ground of not connected to Eligible Units located in India:ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently held that deduction for revenue from onsite services could not be denied on the ground of not connected to eligible units...
![Deduction for Revenue from Onsite Services cannot be denied on ground of not connected to Eligible Units located in India:ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Deduction-Revenue-Onsite-Services-Eligible-Units-India-ITAT-Deduction-for-Revenue-denied-income-tax-taxscan.jpg "Deduction for Revenue from Onsite Services cannot be denied on ground of not connected to Eligible Units located in India:ITAT [Read Order]")