![Claim of Insurance on Account of Loss by Fire cannot be Disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Claim-of-Insurance-on-Account-Claim-Claim-of-Insurance-Account-of-Loss-ITAT-Taxscan.jpg "Claim of Insurance on Account of Loss by Fire cannot be Disallowed: ITAT [Read Order]")
Claim of Insurance on Account of Loss by Fire cannot be Disallowed: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) has recently held that claim of insurance on account of loss by fire could not be...
![Show Cause Notice Issued to Invalid Address and Order Passed without Intimation for Personal Hearing Is Violative of Natural Justice Principle: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Show-Cause-Notice-Invalid-Address-Intimation-for-Personal-Hearing-Natural-Justice-Principle-taxscan.jpg "Show Cause Notice Issued to Invalid Address and Order Passed without Intimation for Personal Hearing Is Violative of Natural Justice Principle: CESTAT [Read Order]")
![AO Fails to Appreciate Nature of Business Activity of INX News: ITAT allows Business Loss Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/AO-ITAT-claim-inx-news-business-loss-business-activity-ITAT-allows-Business-Loss-Claim-taxscan.jpg "AO Fails to Appreciate Nature of Business Activity of INX News: ITAT allows Business Loss Claim [Read Order]")
![Claim of Return of Stock from CD Without any Solid Documentary Evidence is invalid: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Claim-of-Return-of-Stock-Return-of-Stock-from-CD-Solid-Documentary-Evidence-NCLAT-taxscan.jpg "Claim of Return of Stock from CD Without any Solid Documentary Evidence is invalid: NCLAT [Read Order]")
![Rectification Application for Exempted Allowance Claim: ITAT upholds Claim Rejection u/s 143(1)(a) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Rectification-Application-for-Exempted-Allowance-Claim-Exempted-Allowance-Claim-ITAT-upholds-Claim-Rejection-ITAT-Claim-Rejection-Income-Tax-Act-Income-Tax-Taxscan.jpg "Rectification Application for Exempted Allowance Claim: ITAT upholds Claim Rejection u/s 143(1)(a) of Income Tax Act [Read Order]")
![Violation of Procedural Norm does not Extinguish Substantive Right to Claim FTC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Violation-of-Procedural-Norm-Claim-FTC-ITAT-taxscan.jpg "Violation of Procedural Norm does not Extinguish Substantive Right to Claim FTC: ITAT [Read Order]")
Depreciation Claim u/s 32 Requires Fixed Assets to be used for Business Purposes: ITAT [Read Order]
The Bench of the Income Tax Appellate Tribunal (ITAT) recently held that the claim for depreciation under Section 32 of the Income Tax Act requires the fixed asset to be used for business purposes. ...
![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]")
DSIR Registration is Sufficient to Claim Deduction u/s 35 (2AB) for Cases Prior to Clause (b) Rule 6(7A) Amendment: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has recently, in an appeal filed before it, held that DSIR registration is sufficient to claim deduction under Section 35 (2AB) of the Income Tax...
![DSIR Registration is Sufficient to Claim Deduction u/s 35 (2AB) for Cases Prior to Clause (b) Rule 6(7A) Amendment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/DSIR-Registration-is-Sufficient-to-Claim-Deduction-Cases-Prior-to-Clause-b-Rule-67A-Amendment-ITAT-TAXSCAN.jpg "DSIR Registration is Sufficient to Claim Deduction u/s 35 (2AB) for Cases Prior to Clause (b) Rule 6(7A) Amendment: ITAT [Read Order]")
Motor Vehicles qualify as Self-Propelled Vehicles: ITAT confirms Deletion of Disallowance of Excess Claim of Depreciation [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT), confirmed the deletion of disallowance of excess claim of depreciation and noted that motor vehicles qualify as self-propelled...
![Motor Vehicles qualify as Self-Propelled Vehicles: ITAT confirms Deletion of Disallowance of Excess Claim of Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Motor-Vehicles-Self-Propelled-Vehicles-ITAT-Excess-Claim-Claim-Depreciation-Taxscan.jpg "Motor Vehicles qualify as Self-Propelled Vehicles: ITAT confirms Deletion of Disallowance of Excess Claim of Depreciation [Read Order]")
Relief to Thomson Press India: ITAT directs to consider Claim in the Year when Actual Payment is made towards Leave Encashment [Read Order]
In a major relief to Thomson Press (India) Ltd, the New Delhi Bench of the Income Tax Appellate Tribunal (ITAT), directed the Assessing Officer (AO) to consider the claim in the year when actual...
![Relief to Thomson Press India: ITAT directs to consider Claim in the Year when Actual Payment is made towards Leave Encashment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Thomson-Press-India-ITAT-Claim-Actual-Payment-Leave-Encashment-TAXSCAN.jpg "Relief to Thomson Press India: ITAT directs to consider Claim in the Year when Actual Payment is made towards Leave Encashment [Read Order]")
Rejection of Inter-state Sales Transaction Claim by Retrospective Cancellation of C-Forms without Notice: Delhi HC remands Matter for Fresh Adjudication
The Delhi High Court has recently remanded a matter to the assessing authority for fresh adjudication on the inter-state sales transaction claim of the assessee. The adjudicating authority had...
Assessee Misguided by Professional in Appellate Proceedings: ITAT remands Farmer's Exemption Claim u/s 54F [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, on finding out that the assesee was misguided by the professional in appellate proceedings, remanded...
![Assessee Misguided by Professional in Appellate Proceedings: ITAT remands Farmers Exemption Claim u/s 54F [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Misguided-by-Professional-in-Appellate-Proceedings-ITAT-Exemption-Claim-TAXSCAN.jpg "Assessee Misguided by Professional in Appellate Proceedings: ITAT remands Farmers Exemption Claim u/s 54F [Read Order]")