![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]")
Claim of Return of Stock from CD Without any Solid Documentary Evidence is invalid: NCLAT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) has held that the claim return of stock from the Corporate Debtor (CD)...
![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]](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]](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]")
![NFAC cannot Deny Deductions Claimed in Appeal for want of Revised Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/NFAC-Deductions-Claim-Appeal-Revised-Return-ITAT-Income-Tax-Tax-taxscan.jpg "NFAC cannot Deny Deductions Claimed in Appeal for want of Revised Return: ITAT [Read Order]")
Claim of Deduction u/s 80P of Income Tax Act is Conditional on filing Return within Due Date: Kerala HC [Read Order]
The Kerala High Court has held that the pre-condition for claiming the deduction under Section 80Pof the Income Tax Act has been made more stringent by reducing the time available to an assessee...
![Claim of Deduction u/s 80P of Income Tax Act is Conditional on filing Return within Due Date: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Claim-of-Deduction-Income-Tax-Act-Return-Kerala-HC-TAXSCAN.jpg "Claim of Deduction u/s 80P of Income Tax Act is Conditional on filing Return within Due Date: Kerala HC [Read Order]")
