![Failure to file ITR bonafidely and witness no Loss to Revenue as Proper Tax was already Paid: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Failure-file-ITR-Loss-Revenue-Proper-Tax-already-Paid-ITAT-Penalty-taxscan-.jpg "Failure to file ITR bonafidely and witness no Loss to Revenue as Proper Tax was already Paid: ITAT deletes Penalty [Read Order]")
Failure to file ITR bonafidely and witness no Loss to Revenue as Proper Tax was already Paid: ITAT deletes Penalty [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) set aside penalty of Rs.5000 under Section 271F of the Income Tax Act, 1961 on grounds...
![Nirma Ltd. entitles to Additional Compensation for Delay in Issuing Refund u/s 244A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Nirma-0Ltd-Additional-Compensation-Delay-Refund-Income-Tax-Act-ITAT-taxscan.jpg "Nirma Ltd. entitles to Additional Compensation for Delay in Issuing Refund u/s 244A of Income Tax Act: ITAT [Read Order]")
![ITAT upholds Disallowance on Account of Failure to prove Long Term Capital Loss arises from Sale of Share Of Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-disallowance-account-Failure-prove-Long-Term-Capital-Loss-Sale-Share-Company-taxscan.jpg "ITAT upholds Disallowance on Account of Failure to prove Long Term Capital Loss arises from Sale of Share Of Company [Read Order]")
![Contract/Professional Receipts Reflected in Form 26AS Rightly Offered under Presumptive Tax: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Contract-Professional-Receipts-Reflected-Form-Rightly-Offered-Presumptive-Tax-ITAT-taxscan.jpg "Contract/Professional Receipts Reflected in Form 26AS Rightly Offered under Presumptive Tax: ITAT deletes Addition [Read Order]")
![Payment for architectural design could not be classified as royalty under Article 12(3) of India Singapore DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Payment-architectural-classified-royalty-Article-India-Singapore-DTAA-ITAT-taxscan.jpg "Payment for architectural design could not be classified as royalty under Article 12(3) of India Singapore DTAA: ITAT [Read Order]")
AO passes Assessment Order without the Mandatory Requirements u/s 144C (1) of Income Tax Act: ITAT quashes Order [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the assessing officer passed the order without complying with the mandatory requirement, and thus set aside the order of CIT(A)...
![AO passes Assessment Order without the Mandatory Requirements u/s 144C (1) of Income Tax Act: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/AO-assessment-order-mandatory-requirements-Income-Tax-Act-ITAT-TAXSCAN.jpg "AO passes Assessment Order without the Mandatory Requirements u/s 144C (1) of Income Tax Act: ITAT quashes Order [Read Order]")
Interest Amount incurred towards Project Expenses cannot be Deducted from Project Expenses: ITAT upholds order of CIT(A) [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that Interest amount incurred towards project expenses not liable to be reduced from project expenses The Revenue appealed against...
![Interest Amount incurred towards Project Expenses cannot be Deducted from Project Expenses: ITAT upholds order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Interest-Interest-Amount-Amount-Interest-Amount-incurred-towards-Project-Expenses-taxscan.jpg "Interest Amount incurred towards Project Expenses cannot be Deducted from Project Expenses: ITAT upholds order of CIT(A) [Read Order]")
Non-compliance of Income Tax Proceedings before Lower Authorities: ITAT directs pay cost of RS.5000/- to PM relief Fund [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench directed the payment of Rupees 5000/- to the Prime Minister Relief Fund due to non -compliance of income tax proceedings before lower...
![Non-compliance of Income Tax Proceedings before Lower Authorities: ITAT directs pay cost of RS.5000/- to PM relief Fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Non-compliance-Income-Tax-Proceedings-Lower-Authorities-ITAT-PM-relief-Fund-TAXSCAN.jpg "Non-compliance of Income Tax Proceedings before Lower Authorities: ITAT directs pay cost of RS.5000/- to PM relief Fund [Read Order]")
Creation of Cadre of Officers for CIT(A) not Mandatory Scheme of Income Tax Act: Allahabad HC Dismisses Challenge on Appointment of CIT(A) [Read Order]
In a recent decision the Allahabad High Court observed that the Creation of cadre of officers for Commissioner of Income Tax (Appeals) (CIT (A)) not mandatory scheme of the Income Tax Act, 1961 and...
![Creation of Cadre of Officers for CIT(A) not Mandatory Scheme of Income Tax Act: Allahabad HC Dismisses Challenge on Appointment of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Creation-of-Cadre-of-Officers-for-CIT-A-Mandatory-Scheme-of-Income-Tax-Act-Allahabad-HC-Dismisses-Challenge-on-Appointment-of-CITA-TAXSCAN.jpg "Creation of Cadre of Officers for CIT(A) not Mandatory Scheme of Income Tax Act: Allahabad HC Dismisses Challenge on Appointment of CIT(A) [Read Order]")
CIT(A) may Suo moto initiates Enhancement Proceedings if necessary; Not out of Jurisdiction: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has made a ruling stating that the Commissioner of Income Tax (Appeals) [CIT(A)] has the authority to initiate enhancement proceedings on...
![CIT(A) may Suo moto initiates Enhancement Proceedings if necessary; Not out of Jurisdiction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/CITA-moto-initiates-Enhancement-Not-Jurisdiction-ITAT-TAXSCAN.jpg "CIT(A) may Suo moto initiates Enhancement Proceedings if necessary; Not out of Jurisdiction: ITAT [Read Order]")
Survival Benefit Received on Death of Father Exempted from Income Tax u/s 10(10D): ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the survival benefit of Rs. 2.25 lakhs on death of his father received by him was an exempt income under Section 10(10D)...
![Survival Benefit Received on Death of Father Exempted from Income Tax u/s 10(10D): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Survival-Benefit-Death-Father-Exempted-Income-Tax-TAXSCAN.jpg "Survival Benefit Received on Death of Father Exempted from Income Tax u/s 10(10D): ITAT [Read Order]")
No Addition shall be made on behalf Farmer assessee in respect of Cash Deposited in Joint Bank Account by Second Account Holder: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Delhi Bench ruled that no addition should be made on behalf of the assessee in respect of cash deposited in a joint bank account by the second account...
![No Addition shall be made on behalf Farmer assessee in respect of Cash Deposited in Joint Bank Account by Second Account Holder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Cash-Deposited-Joint-Bank-Account-Second-Account-TAXSCAN.jpg "No Addition shall be made on behalf Farmer assessee in respect of Cash Deposited in Joint Bank Account by Second Account Holder: ITAT [Read Order]")