![No TDS applicable on Sales Commission paid to Overseas Agents not having PE in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/TDS-applicable-Sales-Commission-Overseas-Agents-PE-ITAT-Taxscan.jpeg "No TDS applicable on Sales Commission paid to Overseas Agents not having PE in India: ITAT [Read Order]")
No TDS applicable on Sales Commission paid to Overseas Agents not having PE in India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that tax cannot be detected at source on Sales Commission paid to Overseas Agents not...
![Relief to Acer India: ITAT deletes disallowance on purchase of Software for non-deduction of TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Acer-India-ITAT-disallowance-purchase-of-Software-non-deduction-TDS-Taxscan-1.jpeg "Relief to Acer India: ITAT deletes disallowance on purchase of Software for non-deduction of TDS [Read Order]")
![Section 153C Assessment to be based on incriminating documents or evidence discovered during search: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/Section-153C-Assessment-incriminating-documents-evidence-Madras-High-Court-Taxscan.jpeg "Section 153C Assessment to be based on incriminating documents or evidence discovered during search: Madras HC [Read Judgment]")
![ITAT allows Foreign Tax Credit to Taxpayer on Remuneration Income under India-UK Tax Treaty [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ITAT-Foreign-Tax-Credit-Taxpayer-Remuneration-Income-India-UK-Tax-Treaty-Taxscan-1.jpg "ITAT allows Foreign Tax Credit to Taxpayer on Remuneration Income under India-UK Tax Treaty [Read Order]")
![ITAT allows claim of depreciation on the capitalised cost to GAIL India [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/ITAT-depreciation-capitalised-cost-GAIL-India-Taxscan.jpeg "ITAT allows claim of depreciation on the capitalised cost to GAIL India [Read Order]")
![ITAT quashes ex parte order against Fox Mandal [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/ITAT-ex-parte-order-Fox-Mandal-Taxscan.jpg "ITAT quashes ex parte order against Fox Mandal [Read Order]")
CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from Other Sources”: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench said that the CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from...
![CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from Other Sources”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/NFDC-CITA-fixed-deposit-interest-income-Income-from-Business-Income-from-Other-Sources-ITAT-Taxscan.jpeg "CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from Other Sources”: ITAT [Read Order]")
Amount paid to Partner upon retirement towards his Share in Assets not liable to Capital Gain: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the amount paid to partner upon retirement towards his share in assets not liable to capital gain. The assessee, Dr. Vithal V....
![Amount paid to Partner upon retirement towards his Share in Assets not liable to Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/retirement-share-in-assets-capital-gain-ITAT-ITAT-Mumbai-Taxscan.jpg "Amount paid to Partner upon retirement towards his Share in Assets not liable to Capital Gain: ITAT [Read Order]")
Relief to Reliance Industries: ITAT deletes addition of Sales Tax Incentive/subsidy holding it as Capital in Nature [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench deleted the addition of sales tax incentive/subsidy holding it as capital in nature. The assessee, Reliance Industries Ltd. is engaged...
![Relief to Reliance Industries: ITAT deletes addition of Sales Tax Incentive/subsidy holding it as Capital in Nature [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Reliance-Industries-ITAT-Sales-Tax-Incentive-subsidy-Capital-Taxscan.jpeg "Relief to Reliance Industries: ITAT deletes addition of Sales Tax Incentive/subsidy holding it as Capital in Nature [Read Order]")
Deduction u/s 54 can’t be denied for non-completion of construction of new residential house within 3 years: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that the deduction under Section 54 can not be denied for non-completion of construction of a new residential house within 3 years. ...
![Deduction u/s 54 can’t be denied for non-completion of construction of new residential house within 3 years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Deduction-construction-residential-house-ITAT-Taxscan.jpg "Deduction u/s 54 can’t be denied for non-completion of construction of new residential house within 3 years: ITAT [Read Order]")
Allahabad High Court refuses to quash charges against Income Tax Commissioner for causing wrongful loss to revenue to tune of Rs. 7.26 cr [Read Order]
The Allahabad High Court refused to quash charges in respect of offences of cheating, criminal conspiracy and Corruption against CIT(A). The allegation against the applicant, S.K. Srivastava a...
![Allahabad High Court refuses to quash charges against Income Tax Commissioner for causing wrongful loss to revenue to tune of Rs. 7.26 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Allahabad-High-Court-Income-Tax-Commissioner-revenue-Taxscan.jpg "Allahabad High Court refuses to quash charges against Income Tax Commissioner for causing wrongful loss to revenue to tune of Rs. 7.26 cr [Read Order]")