![Non-Filing of Appeal due to Lack of Communication b/w Tax Advisors and Board of Directors not Reasonable Cause to Condone Delay: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Non-filing-Appeal-Tax-Advisors-Board-of-Directors-Reasonable-Cause-Condone-Delay-ITAT-taxscan.jpeg "Non-Filing of Appeal due to Lack of Communication b/w Tax Advisors and Board of Directors not Reasonable Cause to Condone Delay: ITAT [Read Order]")
Non-Filing of Appeal due to Lack of Communication b/w Tax Advisors and Board of Directors not 'Reasonable Cause' to Condone Delay: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri R.S. Syal, Vice President and Shri S.S. Viswanethra Ravi (Judicial Member)...
![Reimbursement of Medical expenses incurred by Employees cannot be disallowed by invoking Section 40A(9) of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Reimbursement-Medical-expenses-employee-Income-Tax-Act-ITAT-taxscan.jpeg "Reimbursement of Medical expenses incurred by Employees cannot be disallowed by invoking Section 40A(9) of the Income Tax Act: ITAT [Read Order]")
![Initiation of Penalty Proceedings u/s.271(1)(c) on a Defective Notice is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Penalty-Proceedings-Defective-Notice-ITAT-taxscan.jpg "Initiation of Penalty Proceedings u/s.271(1)(c) on a Defective Notice is Invalid: ITAT [Read Order]")
![Gifts & Freebies to Doctors are Legally Prohibited: ITAT upholds Disallowance of Expenses to Pharma Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Gifts-Freebies-Doctors-Legally-Prohibited-ITAT-Disallowance-Expenses-Pharma-Company-Taxscan.jpeg "Gifts & Freebies to Doctors are Legally Prohibited: ITAT upholds Disallowance of Expenses to Pharma Company [Read Order]")
![Retrospective Effect of Amendment to Sec 36(1) is Debatable and Controversial Issue: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Amendment-ITAT-Addition-taxscan.jpeg "Retrospective Effect of Amendment to Sec 36(1) is Debatable and Controversial Issue: ITAT deletes Addition [Read Order]")
Business Profits of Non-Residents without PE are not Taxable under DTAA, TDS not sustainable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi before Shri N K Billaiya, AM and Ms Astha Chandra, JM held that Payments made on the business profit of non-residents without PE are not taxable in...
![Business Profits of Non-Residents without PE are not Taxable under DTAA, TDS not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Business-profits-Non-resident-PE-DTAA-TDS-ITAT-taxscan.jpg "Business Profits of Non-Residents without PE are not Taxable under DTAA, TDS not sustainable: ITAT [Read Order]")
![Onus to prove Creditworthiness of Unexplained Credit is on the Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/creditworthiness-unexplained-credit-assessee-ITAT-taxscan.jpg "Onus to prove Creditworthiness of Unexplained Credit is on the Assessee: ITAT [Read Order]")
![Oversight to submit Form 16 cannot attract Tax Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Form-16-Tax-Penalty-ITAT-taxscan.jpg "Oversight to submit Form 16 cannot attract Tax Penalty: ITAT [Read Order]")
Loss out of Non-Speculative Transactions can be set off under the Head of Regular Business: ITAT [Read Order]
The Lucknow benchof Income Tax Appellate Tribunal (ITAT) comprising A D Jain, vice president and Shri T S Kapoor, AM has held that loss arose out of non-speculative transactions can be set off under...
![Loss out of Non-Speculative Transactions can be set off under the Head of Regular Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Loss-Non-speculative-Transactions-Regular-Busines-ITAT-taxscan.jpeg "Loss out of Non-Speculative Transactions can be set off under the Head of Regular Business: ITAT [Read Order]")
![Non-Cooperation during Income Tax Assessment Proceedings: ITAT imposes Cost of Rs. 25,000 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/income-Tax-Assessment-Proceedingss-ITAT-taxscan.jpg "Non-Cooperation during Income Tax Assessment Proceedings: ITAT imposes Cost of Rs. 25,000 [Read Order]")
Loose Paper Documents proved with Corroborative Evidence is not 'Dumb Document': ITAT upholds Estimation of On-Money [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat Bench comprising of Shri Pawan Singh, J M and Dr A L Saini, AM has held that estimation and scribbling made on loose pages proved with corroborative...
![Loose Paper Documents proved with Corroborative Evidence is not Dumb Document: ITAT upholds Estimation of On-Money [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Loose-paper-Documents-corroborative-evidence-dumb-document-ITAT-Money-taxscan.jpg "Loose Paper Documents proved with Corroborative Evidence is not Dumb Document: ITAT upholds Estimation of On-Money [Read Order]")
Subsidy received on Gross Value of Fixed Asset is not Deductible from Actual cost u/s 43(1): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkatta bench has held thata specified percentage of subsidy amount of gross value of the fixed asset as on the date of commercial production is not...
![Subsidy received on Gross Value of Fixed Asset is not Deductible from Actual cost u/s 43(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Subsidy-gross-value-Fixed-Asset-Actual-cost-ITAT-taxscan.jpeg "Subsidy received on Gross Value of Fixed Asset is not Deductible from Actual cost u/s 43(1): ITAT [Read Order]")