![Inadvertent Mistake due to Typographical Error in Calculating Total Income: ITAT Set Aside Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Inadvertent-Mistake-Mistake-Typographical-Error-Total-Income-Income-ITAT-Revision-Order-ITAT-Set-Aside-Revision-Order-taxscan.jpg "Inadvertent Mistake due to Typographical Error in Calculating Total Income: ITAT Set Aside Revision Order [Read Order]")
Inadvertent Mistake due to Typographical Error in Calculating Total Income: ITAT Set Aside Revision Order [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has set aside the revision order as inadvertent mistake was due to the typographical error...
![Excise Duty Cannot be Demanded Merely based on difference in Sales Figures between Balance sheet and Excise Returns: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Excise-Duty-Demanded-Merely-Based-on-Difference-in-Sales-Figures-Balance-sheet-and-Excise-Returns-CESTAT-TAXSCAN.jpg "Excise Duty Cannot be Demanded Merely based on difference in Sales Figures between Balance sheet and Excise Returns: CESTAT [Read Order]")
![Actual Write-off of doubtful Debts from Corresponding amounts and shown in the Balance Sheet, Addition u/s 115 JB not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/write-off-debts-balance-sheet-ITAT-taxscan.jpg "Actual Write-off of doubtful Debts from Corresponding amounts and shown in the Balance Sheet, Addition u/s 115 JB not sustainable: ITAT [Read Order]")
Rejection of Books of Account is a precondition for making reference to DVO: ITAT holds DVO report illegal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore held that, the report of the District Valuation Officer (DVO) was illegal on the ground that rejection of books of account is a precondition for...
![Rejection of Books of Account is a precondition for making reference to DVO: ITAT holds DVO report illegal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/books-of-account-DVO-ITAT-DVO-report-illegal-taxscan.jpeg "Rejection of Books of Account is a precondition for making reference to DVO: ITAT holds DVO report illegal [Read Order]")
Service Provided to Associate Company falls under Category of Export if Service Provider and Recipient are two Distinct Persons: CESTAT [Read Order]
The Ahmedabad bench of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that service provided to associate company falls under category of export if service provider and...
![Service Provided to Associate Company falls under Category of Export if Service Provider and Recipient are two Distinct Persons: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Service-Associate-Company-Export-Distinct-Persons-CESTAT-Taxscan.jpeg "Service Provided to Associate Company falls under Category of Export if Service Provider and Recipient are two Distinct Persons: CESTAT [Read Order]")
Income from Sale Trading is Business Income as Claimed by Assessee in Previous Years: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the income from share transactions shall be treated as business income under the provisions of the Income Tax Act, 1961 since the...
![Income from Sale Trading is Business Income as Claimed by Assessee in Previous Years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Sale-Trading-Business-Income-Assessee-Previous-Years-ITAT-Taxscan.jpeg "Income from Sale Trading is Business Income as Claimed by Assessee in Previous Years: ITAT [Read Order]")
CBDT notifies Computation of minimum investment and exempt income for Sovereign Wealth Fund [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the computation of minimum investment and exempt income for the purposes of clause (23FE) of section 10 of the Act. The notification issued on...
![CBDT notifies Computation of minimum investment and exempt income for Sovereign Wealth Fund [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/05/CBDT-Computation-minimum-investment-exempt-income-Sovereign-Wealth-Fund-Taxscan.jpeg "CBDT notifies Computation of minimum investment and exempt income for Sovereign Wealth Fund [Read Notification]")
