![No Capital Gain Tax on Income from Relinquishment of Right: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/Relinquishment-capital-gain-tax-ITAT-Taxscan.jpg "No Capital Gain Tax on Income from Relinquishment of Right: ITAT [Read Order]")
No Capital Gain Tax on Income from Relinquishment of Right: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the income from the relinquishment of right over a property cannot be treated as...
![ITAT deletes Penalty since Assessee Voluntarily surrendered Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/ITAT-Penalty-Assessee-Voluntarily-surrendered-Income-Taxscan.jpg "ITAT deletes Penalty since Assessee Voluntarily surrendered Income [Read Order]")
![Capital Gain Deduction can’t be denied on ground of Procedural Lapses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Capital-Gain-ITAT-Taxscan-1.jpg "Capital Gain Deduction can’t be denied on ground of Procedural Lapses: ITAT [Read Order]")
![Capital Gain Tax payable in the absence of deposit in Capital Gain Account Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Capital-Gain-ITAT-Taxscan.jpg "Capital Gain Tax payable in the absence of deposit in Capital Gain Account Scheme: ITAT [Read Order]")
![Capital Gain Deduction claim can be invoked during Re-Assessment if Assessee failed to file Returns: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Capital Gain Deduction claim can be invoked during Re-Assessment if Assessee failed to file Returns: ITAT [Read Order]")
Capital Gain Deduction can’t be disallowed due to Non-Investment in Capital Gains Deposit Scheme: ITAT [Read Order]
In an assessee-friendly ruling, the Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the capital gain deduction under section 54 of the Income Tax Act, 1961 cannot be disallowed to...
![Capital Gain Deduction can’t be disallowed due to Non-Investment in Capital Gains Deposit Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Capital-Gain-Taxscan.jpg "Capital Gain Deduction can’t be disallowed due to Non-Investment in Capital Gains Deposit Scheme: ITAT [Read Order]")
Capital Gain Tax attracts despite Assessee signed a Release Deed waiving his Beneficiary Interests/Title: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has recently held that liability to pay capital gain tax would attract despite the fact that the assessee signed a release deed waiving all...
![Capital Gain Tax attracts despite Assessee signed a Release Deed waiving his Beneficiary Interests/Title: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Capital-Gain-Tax-Taxscan.jpg "Capital Gain Tax attracts despite Assessee signed a Release Deed waiving his Beneficiary Interests/Title: ITAT [Read Order]")
![Misuse of Client Code Modification for Tax Evasion: ITAT upholds Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/WhatsApp-Image-2020-05-15-at-7.10.25-PM.jpeg "Misuse of Client Code Modification for Tax Evasion: ITAT upholds Addition [Read Order]")
ITAT set aside Orders for Addition by Lower Authorities on Lack of Documentary Evidence [Read Order]
The Income Tax Appellate Tribunal (ITAT) held that the addition cannot be sustained without any documentary evidence on record, accordingly the finding of the lower authorities on the issue in dispute...
![ITAT set aside Orders for Addition by Lower Authorities on Lack of Documentary Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Products-Manufacturing-ITAT-Taxscan.jpg "ITAT set aside Orders for Addition by Lower Authorities on Lack of Documentary Evidence [Read Order]")
![Deduction allowable even If Capital Gain is not disclosed in Original Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Capital-Gain-Taxscan.jpg "Deduction allowable even If Capital Gain is not disclosed in Original Return: ITAT [Read Order]")
![No Capital Gain Tax on Amount Received by Retiring Partner: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Capital-Gain-Taxscan.jpg "No Capital Gain Tax on Amount Received by Retiring Partner: ITAT [Read Order]")
Brand Name, Trademark, Know-How are Assets for the purpose of Computing Capital Gain: ITAT Read Order]
The Cochin bench of the Income Tax Appellate Tribunal (ITAT) has held that assets like brand name, know-how, trademark, etc, can be treated as assets for the purpose of computing the capital gain...
![Brand Name, Trademark, Know-How are Assets for the purpose of Computing Capital Gain: ITAT Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-9-4-1.jpg "Brand Name, Trademark, Know-How are Assets for the purpose of Computing Capital Gain: ITAT Read Order]")