![ITAT deletes late fee levied on Belatedly filed TDS before Amendment in Section 234 E of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-deletes-late-fee-levied-Belatedly-filed-TDS-Amendment-Income-Tax-Act-TAXSCAN.jpg "ITAT deletes late fee levied on Belatedly filed TDS before Amendment in Section 234 E of Income Tax Act [Read Order]")
ITAT deletes late fee levied on Belatedly filed TDS before Amendment in Section 234 E of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT) Bangalore Bench deleted late fee levied on belatedly filed Tax Deduction (TDS) at Source before the...
![Assessee shall not be Penalized for the Action of the Tax Consultant in claiming an Excessive Refund in Return of Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Assessee-Penalized-Action-Tax-Consultant-claiming-Excessive-Refund-Return-Income-ITAT-TAXSCAN-1.jpg "Assessee shall not be Penalized for the Action of the Tax Consultant in claiming an Excessive Refund in Return of Income: ITAT [Read Order]")
![Relief to Wipro: ITAT Quashes Order of AO Disallowing Interest Expenditure and Orders Re-computation of Deduction u/s 10AA of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Relief-Wipro-ITAT-AO-Disallowing-Interest-Expenditure-Orders-Re-computation-Deduction-Income-Tax-Act-TAXSCAN.jpg "Relief to Wipro: ITAT Quashes Order of AO Disallowing Interest Expenditure and Orders Re-computation of Deduction u/s 10AA of Income Tax Act [Read Order]")
![Cash Deposits from earlier withdrawals cannot be Totally Disbelieved: ITAT allows Deduction on Cash Deposit[Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Cash-Deposits-earlier-withdrawals-Totally-Disbelieved-ITAT-Deduction-Cash-Deposit-TAXSCAN.jpg "Cash Deposits from earlier withdrawals cannot be Totally Disbelieved: ITAT allows Deduction on Cash Deposit[Read Order]")
Pre-clinical Laboratory Services Rendered by Non-resident to Customers in India would Not be Taxable in India: ITAT Quashes Assessment Order [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) quashed the assessment order passed by the assessing officer for calculating the tax amount for the pre-clinical laboratory services...
![Pre-clinical Laboratory Services Rendered by Non-resident to Customers in India would Not be Taxable in India: ITAT Quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Pre-clinical-Laboratory-Services-Rendered-Non-resident-Customers-India-Taxable-India-ITAT-Assessment-Order-TAXSCAN.jpg "Pre-clinical Laboratory Services Rendered by Non-resident to Customers in India would Not be Taxable in India: ITAT Quashes Assessment Order [Read Order]")
Interest u/s 234C Against EY Global Delivery to be Levied on Returned Income not on Assessed Income: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has held that the interest charged under Section 234C of the Income Tax Act, 1961 against EY global Delivery Services India should be...
![Interest u/s 234C Against EY Global Delivery to be Levied on Returned Income not on Assessed Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Interest-Against-EY-Global-Delivery-Levied-Returned-Income-Assessed-income-ITAT-TAXSCAN.jpg "Interest u/s 234C Against EY Global Delivery to be Levied on Returned Income not on Assessed Income: ITAT [Read Order]")
Interest on FD received during setting-up of Business is not Business Income but Income from Other Sources: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the interest on Fixed Deposit (FD) received during the setting-up of business is not a Business Income but shall be treated as...
![Interest on FD received during setting-up of Business is not Business Income but Income from Other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Interest-on-FD-received-during-setting-up-of-business-not-Business-Income-but-Income-from-Other-Sources-ITAT-.jpg "Interest on FD received during setting-up of Business is not Business Income but Income from Other Sources: ITAT [Read Order]")
Legal & Professional Charges Incurred Towards Business to be Treated as Revenue Expenditure: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the Legal & Professional charges incurred in connection with the business are to be treated as Revenue Expenditure. The...
![Legal & Professional Charges Incurred Towards Business to be Treated as Revenue Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Legal-Professional-charges-incurred-towards-business-to-be-treated-Revenue-Expenditure-ITAT-RAXSCAN.jpg "Legal & Professional Charges Incurred Towards Business to be Treated as Revenue Expenditure: ITAT [Read Order]")
![Income Tax Notice Served on Wife of Assessee is Valid: ITAT Penalty Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Notice-Wife-of-Assessee-ITAT-Penalty-Proceedings-taxscan.jpg "Income Tax Notice Served on Wife of Assessee is Valid: ITAT Penalty Proceedings [Read Order]")