UPI-Pay Now SG Linkage enables Users to receive funds from Singapore through these Major UPI Apps
Major UPI apps such as BHIM, PhonePe, and Paytm are now equipped to receive swift and secure remittances from Singapore through the UPI-Pay Now...
![ITAT deletes Disallowance made u/s 36(1)(vii) of Income Tax Act in respect of Bad Debts written off by Non-Rural branches of Canara Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/bad-debts-written-off-by-Non-Rural-branches-of-Canara-Bank-Non-Rural-branches-bad-debts-TAXSCAN.jpg "ITAT deletes Disallowance made u/s 36(1)(vii) of Income Tax Act in respect of Bad Debts written off by Non-Rural branches of Canara Bank [Read Order]")
Failure to prove source of cash deposit in Canara Bank by assessee and Income Tax department:Â ITAT directs AO to Reduce Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench, directed the Assessing Officer to reduce the addition due to the failure to prove the source of the cash deposit made in Canara Bank by the...
![Failure to prove source of cash deposit in Canara Bank by assessee and Income Tax department:Â ITAT directs AO to Reduce Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/source-of-cash-deposit-Canara-Bank-Income-Tax-department-ITAT-AO-taxscan.jpg "Failure to prove source of cash deposit in Canara Bank by assessee and Income Tax department:Â ITAT directs AO to Reduce Addition [Read Order]")
Non-Compliance of Notice issued by CIT(A) during appeal proceedings: ITAT directs to Deposit Cost of Rs. 20,000 in PM Relief Fund [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench directed the deposit cost of Rs. 20,000/ in Prime Minister Relief Fund due to non-compliance of notice issued by the CIT(A) during appeal...
![Non-Compliance of Notice issued by CIT(A) during appeal proceedings: ITAT directs to Deposit Cost of Rs. 20,000 in PM Relief Fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Non-Compliance-Notice-appeal-proceedings-ITAT-Deposit-Cost-PM-Relief-Fund-TAXSCAN-.jpg "Non-Compliance of Notice issued by CIT(A) during appeal proceedings: ITAT directs to Deposit Cost of Rs. 20,000 in PM Relief Fund [Read Order]")
Relief to Canara Bank-Bad Debt written off be First Adjusted Against Credit Balance and only Excess be Claimed as Deduction: ITAT deletes Disallowance u/s 36(1)(vii)
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has granted relief to Canara Bank by deleting the disallowance under Section 36(1)(vii) of the Income Tax Act, 1961 holding that bad...
Partial Relief to Canara Bank: ITAT directs matter to AO to examine Form No 15G and 15H of depositor to whom Interest is paid [Read Order]
In a Partial Relief to Canara Bank, the Income Tax Appellate Tribunal (ITAT) directed the matter to AO to examine Form No 15G and 15H of depositors to whom interest is paid. The Assessee, Canara...
![Partial Relief to Canara Bank: ITAT directs matter to AO to examine Form No 15G and 15H of depositor to whom Interest is paid [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Canara-Bank-ITAT-AO-Form-No-15G-Taxscan.jpg "Partial Relief to Canara Bank: ITAT directs matter to AO to examine Form No 15G and 15H of depositor to whom Interest is paid [Read Order]")
Delhi High Court stays attachment of Deccan Chronicles Properties in ED Proceedings on plea of Union Bank of India [Read Order]
The Delhi High Court on the plea of Union Bank of India stayed Attachment of Deccan Chronicles Properties in Proceedings before Directorate of Enforcement (ED). The Petitioner, Union Bank of India...
