![Alleged Black Money in Foreign bank accounts: ITAT deletes Addition against CA for want of Beneficial Interest in Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/HSBC-Bank-Black-Money-Foreign-bank-accounts-ITAT-CA-Taxscan.jpg "Alleged Black Money in Foreign bank accounts: ITAT deletes Addition against CA for want of Beneficial Interest in Company [Read Order]")
Alleged Black Money in Foreign bank accounts: ITAT deletes Addition against CA for want of Beneficial Interest in Company [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) deletes addition on account of Black Money in Foreign bank accounts with HSBC as the...
![No Income Tax Applicable on Income earned from sale of investment: ITAT grants relief to Oriental Insurance [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Income-Tax-Income-sale-of-investment-ITAT-Oriental-Insurance-Taxscan.jpg "No Income Tax Applicable on Income earned from sale of investment: ITAT grants relief to Oriental Insurance [Read Order]")
![Relief to Monster.com: ITAT deletes Addition towards Unmatured Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Monster.com-ITAT-unmatured-income-Taxscan.jpeg "Relief to Monster.com: ITAT deletes Addition towards Unmatured Income [Read Order]")
![ITAT adopts Principles of Consistency and uniformity on Co-owners subjected differently by Revenue Dept. [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-principles-of-consistency-Revenue-Department-Taxscan.jpg "ITAT adopts Principles of Consistency and uniformity on Co-owners subjected differently by Revenue Dept. [Read Order]")
Relief to Deloitte: Taxes paid at Maximum Marginal Rate, No Loss to Revenue for not charging Interest, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench observed that Deloitee Haskins and Sells paid taxes at maximum marginal rate, no loss to revenue for not charging interest. The assessee,...
![Relief to Deloitte: Taxes paid at Maximum Marginal Rate, No Loss to Revenue for not charging Interest, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Deloitte-Haskins-and-Sells-Taxes-maximum-marginal-rate-loss-of-revenue-charging-interest-ITAT-Taxscan.jpg "Relief to Deloitte: Taxes paid at Maximum Marginal Rate, No Loss to Revenue for not charging Interest, rules ITAT [Read Order]")
Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench in relief to HSBC Electronic Data Processing deleted the addition on account of unrealized hedging loss on forwarding contracts made by...
![Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/HSBC-Electronic-Data-Processing-ITAT-forward-contracts-AO-Taxscan.jpg "Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]")
![Relief to Maruti Insurance: Delhi High Court allows Deduction on Business Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Maruti-Insurance-Delhi-High-Court-deduction-on-business-expenditure-Taxscan.jpg "Relief to Maruti Insurance: Delhi High Court allows Deduction on Business Expenditure [Read Order]")
![ITAT orders MLFPS received to be treated as Capital Receipts only [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-MLFPS-Capital-Receipts-Taxscan.jpg "ITAT orders MLFPS received to be treated as Capital Receipts only [Read Order]")
Basic Agricultural Operations enough to classify Income from Land as ‘Agricultural Income’ under 2(1A): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Hyderabad clarified that basic agricultural operations are enough to classify income from a land as ‘agricultural income’ under 2(1A) of the Income Tax Act...
![Basic Agricultural Operations enough to classify Income from Land as ‘Agricultural Income’ under 2(1A): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Basic-Agricultural-Operations-Income-from-Land-Agricultural-Income-ITAT-Taxscan.jpeg "Basic Agricultural Operations enough to classify Income from Land as ‘Agricultural Income’ under 2(1A): ITAT [Read Order]")