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Supreme Court on 12-AA-Section 12-AA-Charity tax exemption India-Taxscan

Charitable Trusts Eligible for S. 12-AA Registration Based on Proposed Activities, Not Just Actual Work: Supreme Court [Read Judgement]

Kavi Priya

The Supreme Court of India ruled that a trust’s eligibility for Section 12-AA registration should be determined based on its proposed activities...

Income Tax Order Issued in Deceased Taxpayer's Name: ITAT Remands Matter for Fresh Adjudication...

Non-Consideration of Grounds and Failure to Provide Adequate Hearing: ITAT Restores Matter to CIT(A)...

Eligibility for S.10AA Deduction on Voluntary TP Adjustments Under APA: ITAT Upholds CIT(A)'s...

Rejection of Trust’s Registration u/s 12AB Due to Insufficient Activities: ITAT Grants Another...

Consultant's failure to comply with Notice of CIT-Exemptions won't result in Non-registration of Trust u/s 12A of Income Tax Act: ITAT Condones delay of 671 days [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the consultant’s failure to comply with the notice of the Commissioner of Income Tax (CIT) Exemptions won’t result in...

No Fresh Assessment can be Directed by CIT if AO Choose not to Make Any Addition on Income Tax: ITAT Condones Delay of 319 Days [Read Order]

The Chennai Bench of Income Tax Appellate Tribunal (ITAT), condoned delay of 319days in filing the appeal and held that when once Assessing Officer (AO) took one of the possible views and chose not...

Income Accrued in Year under Consideration shall be viewed as Real Income and Subject to Tax: ITAT sustains addition [Read Order]

The Raipur bench of the Income Tax Appellate Tribunal held that a loss springing up in subsequent year wouldn't justify non accounting of income during the year the same had accrued. The assessee...

Gauhati HC directs CIT to refund Income tax deducted from the salary of BSF officer

The Gauhati High Court (HC)has directed the Commissioner of Income Tax (TDS) to expeditiously process the request for a refund of income tax deducted from the salary of the DIG (Ops) of the Border...

Approval from non-authorised authority u/s 151(ii) invalidates the reopening: Calcutta HC [Read Order]

The Calcutta High Court (HC) held that the approval from the non-authorised authority under section 151(ii) of the Income Tax Act,1961 invalidates the reopening. K K Agarwal and Sons HUF, the...

CIT cannot Assume Revisional Jurisdiction u/s 263 to Substitute his Subjective View in the Place of The AO' s Judicious View : ITAT

The Income Tax Appellate Tribunal ( ITAT ), New Delhi, has recently in an appeal filed before it by an assessee, held that the Commissioner Of Income Tax (CIT) cannot assume revisional jurisdiction...

CIT to Exercise Revisional Power u/s 263 only When AO's Order is Erroneous and Prejudicial to the Interest of the Revenue: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has recently, in an appeal filed before it, held that the Commissioner of Income Tax (CIT), shall exercise revisional power under section...