![Relief to HSBC Software Development (India) Pvt Ltd: ITAT grants deduction u/s 10B on registration with STPI as 100% EOU [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/HSBC-ITAT-STPI-EOU-TAXSCAN.jpg "Relief to HSBC Software Development (India) Pvt Ltd: ITAT grants deduction u/s 10B on registration with STPI as 100% EOU [Read Order]")
Relief to HSBC Software Development (India) Pvt Ltd: ITAT grants deduction u/s 10B on registration with STPI as 100% EOU [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench granted deduction u/s 10B of The Income Tax Act, 1961 on registration with Software Technology...
![Addition u/s 69 towards Unexplained Investment not permissible in the absence of Corroborative Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/unexplained-investment-corroborative-evidence-ITAT-TAXSCAN.jpg "Addition u/s 69 towards Unexplained Investment not permissible in the absence of Corroborative Evidence: ITAT [Read Order]")
![Capital Gain Exemption cannot be denied on ground of Delay in Registration of New Property for reasons beyond control: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-gain-exemption-registration-property-ITAT-TAXSCAN.jpg "Capital Gain Exemption cannot be denied on ground of Delay in Registration of New Property for reasons beyond control: ITAT [Read Order]")
![Consideration received not Income Deemed to accrue in India: ITAT holds Assessee not eligible for TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/received-income-deemed-ITAT-assessee-eligible-TDS-TAXSCAN.jpg "Consideration received not Income Deemed to accrue in India: ITAT holds Assessee not eligible for TDS [Read Order]")
![Disclosure of Undisclosed by Other Persons during Search Not Binding on Assessee, Penalty u/s 271AAB Not Leviable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Assessee-Penalty-ITAT-TAXSCAN.jpg "Disclosure of Undisclosed by Other Persons during Search Not Binding on Assessee, Penalty u/s 271AAB Not Leviable: ITAT [Read Order]")
![No Intimation from Counsel regarding Ex Parte order: ITAT Condones delay of 224 days [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/No-Intimation-Ex-Parte-order-ITAT-TAXSCAN.jpeg "No Intimation from Counsel regarding Ex Parte order: ITAT Condones delay of 224 days [Read Order]")
No Additions can be made u/s 153A in the absence of Incriminating Materials unearthed during Search if the Assessment is Non-Abated: Delhi HC [Read Order]
A Division Bench of the High Court of Delhi comprising Justice Manmohan and Justice Manmeet Pritam Singh Arora recently dismissed an appeal by the Income Tax Department, upholding the order of the...
![No Additions can be made u/s 153A in the absence of Incriminating Materials unearthed during Search if the Assessment is Non-Abated: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Incriminating-Materials-Delhi-HC-TAXSACN.jpg "No Additions can be made u/s 153A in the absence of Incriminating Materials unearthed during Search if the Assessment is Non-Abated: Delhi HC [Read Order]")
Determination of ALP for Royalty Payment: Delhi HC dismisses Income Tax Department’s Appeal against Amway India [Read Order]
In a recent ruling in favour of the assessee-Amway India Enterprises, a Division Bench of the Delhi High Court comprising Justice Manmohan and Justice Manmeet Pritam Singh Arora held that, “the mere...
![Determination of ALP for Royalty Payment: Delhi HC dismisses Income Tax Department’s Appeal against Amway India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ALP-Royalty-Payment-Delhi-HC-Income-Tax-Departments-TAXSCAN.jpg "Determination of ALP for Royalty Payment: Delhi HC dismisses Income Tax Department’s Appeal against Amway India [Read Order]")
Booking Function does not amount to Substantial Business Activity: Delhi HC grants Relief to Travelport L P USA [Read Order]
In hearing an appeal by the Commissioner of Income Tax - International Taxation, a Division Bench of the Delhi High Court upheld the order or the Income Tax Appellate Tribunal(ITAT) and Commissioner...
![Booking Function does not amount to Substantial Business Activity: Delhi HC grants Relief to Travelport L P USA [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Booking-Function-Delhi-HC-Travelport-L-P-USA-TAXSCAN.jpg "Booking Function does not amount to Substantial Business Activity: Delhi HC grants Relief to Travelport L P USA [Read Order]")
Amortization of Expenses u/s 35 D to be Allowed Only on Satisfying the Prescribed Conditions: ITAT [Read Order]
The Income Tax Appellate Tribunal, Bench “A”, Mumbai, has, recently while allowing an appeal filed by the Revenue, held that amortization of expenses under section 35 D can be allowed only on...
![Amortization of Expenses u/s 35 D to be Allowed Only on Satisfying the Prescribed Conditions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Amortization-Of-Expenses-Conditions-ITAT-TAXSCAN.jpg "Amortization of Expenses u/s 35 D to be Allowed Only on Satisfying the Prescribed Conditions: ITAT [Read Order]")
Department can't Advantageous on Ignorance of Assessee in Securing relief: ITAT restores issue of Deduction to file of AO [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the department can’t advantageous of the ignorance of the assessee in securing relief and restored the issue to the file of...
![Department cant Advantageous on Ignorance of Assessee in Securing relief: ITAT restores issue of Deduction to file of AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Department-advantageous-assessee-ITAT-deduction-AO-TAXSCAN.jpg "Department cant Advantageous on Ignorance of Assessee in Securing relief: ITAT restores issue of Deduction to file of AO [Read Order]")
Sale Consideration not accruing to the Assessee in the Year under Consideration but Extending to Many Years, not to be Computed as Short-Term Capital Gains: ITAT
The Income Tax Appellate Tribunal “SMC” Bench, Pune, has, while jointly considering two appeals filed on the same ground bydifferent assessees, held that sale consideration not accruing to the...
