![Gauhati HC Sets aside ITAT Order passed Ignoring Provisions of S. 292B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-act-site-img.jpg "Gauhati HC Sets aside ITAT Order passed Ignoring Provisions of S. 292B of Income Tax Act [Read Order]")
Gauhati HC Sets aside ITAT Order passed Ignoring Provisions of S. 292B of Income Tax Act [Read Order]
In a recent ruling , the Gauhati High Court sets aside the Income Tax Appellate Tribunal (ITAT) Order passed Ignoring Provisions of S. 292B of...
![Depreciation Claim u/s 32 Requires Fixed Assets to be used for Business Purposes: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Depreciation-Claim-Requires-Fixed-Assets-to-be-used-for-Business-Purposes-ITAT-TAXSCAN.jpg "Depreciation Claim u/s 32 Requires Fixed Assets to be used for Business Purposes: ITAT [Read Order]")
![No Additions to be Made De Hors Any Incriminating Material for Assessment u/s 153A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Additions-Incriminating-Material-Assessment-ITAT-Additions-Taxscan.jpg "No Additions to be Made De Hors Any Incriminating Material for Assessment u/s 153A: ITAT [Read Order]")
![Non-Compete Fee Related to Profession Made Taxable, only w.e.f. AY 2017-18: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Non-Compete-Fee-Profession-Taxable-ITAT-Taxscan.jpg "Non-Compete Fee Related to Profession Made Taxable, only w.e.f. AY 2017-18: ITAT [Read Order]")
![Third Party Shareholders Renouncing Rights Shares in Favour of the Assesse is Liable to Tax u/s 56(2): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Third-Party-Shareholders-Shares-Assesse-Tax-ITAT-taxscan.jpeg "Third Party Shareholders Renouncing Rights Shares in Favour of the Assesse is Liable to Tax u/s 56(2): ITAT [Read Order]")
LTCG on Compulsory Acquisition: Cut-off date for determination of Taxability is when Assessee entitled to Receive Compensation, says ITAT
The Income Tax Appellate Tribunal (ITAT), Agra Bench held that the Cut-off date for determination of taxability is when the assessee is entitled to receive compensation. The assessee, Jagdish...
ITAT deletes Addition for Unexplained Cash Transaction as duly explained by Assessee through Sale of Land reflected in Bank Account
The Income Tax Appellate Tribunal (ITAT), Delhi Bench deleted the addition for unexplained Cash transaction as duly explained by Assessee through sale of land reflected in bank account. The...
![Relief to Allahabad Bank: ITAT deletes Penalty for TDS Default [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Allahabad-Bank-TDS-Form-No.-15G-15H-ITAT-Taxscan.jpg "Relief to Allahabad Bank: ITAT deletes Penalty for TDS Default [Read Order]")
ITAT deletes disallowance on Medical Insurance Premium provided to Family Members of the Employees [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench deleted the disallowance on medical insurance premium of the family members of the employees. The assessee, Loesche India Pvt. Ltd. has...
![ITAT deletes disallowance on Medical Insurance Premium provided to Family Members of the Employees [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-disallowance-medical-insurance-premium-family-members-employees-Taxscan.jpeg "ITAT deletes disallowance on Medical Insurance Premium provided to Family Members of the Employees [Read Order]")
Relief to Congress Leader N A Haris: ITAT directs AO to Re-Assess Income earned from FDs by examining Bank Statements [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench directed the AO to bring on tax correct income earned from Fixed Deposits by examining bank statements. The assessee, N.A. Haris contended...
![Relief to Congress Leader N A Haris: ITAT directs AO to Re-Assess Income earned from FDs by examining Bank Statements [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-AO-tax-correct-income-earned-FDs-examining-bank-statements-Taxscan.jpeg "Relief to Congress Leader N A Haris: ITAT directs AO to Re-Assess Income earned from FDs by examining Bank Statements [Read Order]")
Relief to Dabur: Option money is Capital Receipt requires an adjustment only at the time of Transfer of Shares, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi held that the option money received by the assessee is capital receipt which requires an adjustment only at the time of transfer of the shares by Dabur...
![Relief to Dabur: Option money is Capital Receipt requires an adjustment only at the time of Transfer of Shares, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Dabur-money-Capital-Receipt-adjustment-Transfer-of-Shares-ITAT-taxscan.jpg "Relief to Dabur: Option money is Capital Receipt requires an adjustment only at the time of Transfer of Shares, rules ITAT [Read Order]")
Provisions of section 115JB are applicable to Insurance companies w.e.f April 1, 2003: Madras High Court [Read Judgment]
The Madras High Court held that provisions of section 115JB is applicable on Insurance companies w.e.f April 1, 2003. The revenue pointed out the error in the order passed by the Tribunal while...
![Provisions of section 115JB are applicable to Insurance companies w.e.f April 1, 2003: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/Provisions-of-section-115JB-Insurance-companies-Madras-High-Court-Taxscan.jpg "Provisions of section 115JB are applicable to Insurance companies w.e.f April 1, 2003: Madras High Court [Read Judgment]")