![AO to Compute Capital Gains considering the Value as Determined by the Department Valuation Officer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-Gains-Department-Valuation-Officer-ITAT-taxscan.jpg "AO to Compute Capital Gains considering the Value as Determined by the Department Valuation Officer: ITAT [Read Order]")
AO to Compute Capital Gains considering the Value as Determined by the Department Valuation Officer: ITAT [Read Order]
The Income Tax Appellate Tribunal(ITAT) “SMC” Bench, Mumbai, has recently, in an appeal filed before it by an assessee, held that the Assessing...
![Reopening of Assessment not to be made on Mere Change of Opinion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Reopening-Of-Assessment-ITAT-Taxscan-ReAssessment.jpeg "Reopening of Assessment not to be made on Mere Change of Opinion: ITAT [Read Order]")
![No Capital Gains on Transfer of Goodwill on Account of Conversion: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Capital-Gains-Transfer-Of-Goodwill-ITAT-taxscan.jpg "No Capital Gains on Transfer of Goodwill on Account of Conversion: ITAT dismisses Revenues Appeal [Read Order]")
![Income from Portfolio Management Services is assessable under Capital Gains: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Porfolio-Management-Services-Capital-Gains-ITAT-taxscan.jpg "Income from Portfolio Management Services is assessable under Capital Gains: ITAT [Read Order]")
Compensation Received for Relinquishment of Right in a Property is assessable under ‘Income from Capital Gains’ and eligible for Deduction u/s 54F: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) presided by Mr. I G. Manjunatha, Accountant Member, and Mr. Anikesh Banerjee, Judicial Member has held that compensation received for...
![Compensation Received for Relinquishment of Right in a Property is assessable under ‘Income from Capital Gains’ and eligible for Deduction u/s 54F: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Relinquishment-Property-Income-Capital-Gains-Deduction-ITAT-Taxscan.jpg "Compensation Received for Relinquishment of Right in a Property is assessable under ‘Income from Capital Gains’ and eligible for Deduction u/s 54F: ITAT [Read Order]")
Consultant did not handle Proceedings Properly: ITAT directs AO to Conduct Proceedings Afresh [Read Order]
In an assessee-friendly ruling, the Income Tax Appellate Tribunal (ITAT), Bangalore bench has directed the Assessing Officer to conduct the proceedings afresh accepting the contention of the assessee...
![Consultant did not handle Proceedings Properly: ITAT directs AO to Conduct Proceedings Afresh [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Consultant-Proceedings-ITAT-Assessing-Officer-Taxscan.jpeg "Consultant did not handle Proceedings Properly: ITAT directs AO to Conduct Proceedings Afresh [Read Order]")
Income Tax: CBDT issues New Provision for Computation of Capital Gains for purpose of sum received from ULIPs [Read Notification]
The Central Board of Direct Taxes (CBDT) has issued a New Provision for Computation of capital gains for the purpose of the sum received from ULIPs. The Board has notified the Income Tax (2nd...
![Income Tax: CBDT issues New Provision for Computation of Capital Gains for purpose of sum received from ULIPs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/01/CBDT-New-Provision-for-Computation-capital-gains-Partners-Firm-Association-of-Person-Body-of-Individuals-Taxscan.jpg "Income Tax: CBDT issues New Provision for Computation of Capital Gains for purpose of sum received from ULIPs [Read Notification]")
Capital Gains arising on Sale of Agricultural Land which is not a Capital Asset shall not be chargeable to Income Tax: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad held that the Capital gains arising on sale of agricultural land which is not a capital asset shall not be chargeable to Income tax. The...
![Capital Gains arising on Sale of Agricultural Land which is not a Capital Asset shall not be chargeable to Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/Capital-gains-sale-of-agricultural-land-capital-asset-Income-tax-ITAT-Taxscan.jpg "Capital Gains arising on Sale of Agricultural Land which is not a Capital Asset shall not be chargeable to Income Tax: ITAT [Read Order]")
