Income Tax Deduction u/s 80G excluding Category D shall be allowed on the Basis of Claims made in Income Tax Return: Dept
The income tax department, through its official portal has informed the taxpayers that the deduction under section 80G of the Income Tax Act, 1961...
![GST Refund: Delhi issues Guidelines for Speedy Disposal of Claims, Strict Action against Officers for Non-Compliance [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/07/GST-Refund-Delhi-Issues-Guidelines-Claims-taxscan.jpg "GST Refund: Delhi issues Guidelines for Speedy Disposal of Claims, Strict Action against Officers for Non-Compliance [Read Circular]")
![Manufacturer can claim Cenvat Credit of Service Tax payable under RCM: CESTAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Company-cenvat-credit-service-tax-CESTAT-penalty-Appellant-taxscan.jpeg "Manufacturer can claim Cenvat Credit of Service Tax payable under RCM: CESTAT deletes Penalty [Read Order]")
![Mere Disallowance of Claim u/s 54F will not attract Penalty u/s 271(1)(c): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Disallowance-Claim-AttractPenalty-ITAT-taxscan.jpeg "Mere Disallowance of Claim u/s 54F will not attract Penalty u/s 271(1)(c): ITAT [Read Order]")
![No Adjustment of Demand from Sanctioned Claim during Pendency of Demand Case before Tribunal: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Demand-Claim-Demand-Case-Tribunal-CESTAT-taxscan.jpeg "No Adjustment of Demand from Sanctioned Claim during Pendency of Demand Case before Tribunal: CESTAT [Read Order]")
Refund claim filed after the expiry of 3 months allowed along with Interest u/s 11BB: CESTAT [Read Order]
The Ahmedabad bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) allowed the refund claim filed after the expiry of 3 months along with interest u/s 11BB of Central Excise...
![Refund claim filed after the expiry of 3 months allowed along with Interest u/s 11BB: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Refund-claim-interest-CESTAT-taxscan.jpeg "Refund claim filed after the expiry of 3 months allowed along with Interest u/s 11BB: CESTAT [Read Order]")
Relief due to critical Covid pandemic period: ITAT allows to submit Documents to Claim Exemption u/s 80G(5)(vi) [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has been allowedto submit the required documents for the approval of exemption u/s 80G(5)(vi) before the CIT(Exemption) as a relief to the...
![Relief due to critical Covid pandemic period: ITAT allows to submit Documents to Claim Exemption u/s 80G(5)(vi) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/covid-pandemic-period-ITAT-Documents-Claim-taxscan.jpeg "Relief due to critical Covid pandemic period: ITAT allows to submit Documents to Claim Exemption u/s 80G(5)(vi) [Read Order]")
Penalty cannot be levied for mere Deletion of Capital Gain Exemption Claim u/s 54F: ITAT [Read Order]
Penalty cannot be levied for mere deletion of Capital Gain Exemption Claim under Section 54F of the Income Tax Act,1961 and so was held by Income Tax Appellate Tribunal (ITAT), Pune The appeal has...
![Penalty cannot be levied for mere Deletion of Capital Gain Exemption Claim u/s 54F: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-Capital-Gain-Claim-ITAT-taxscan.jpeg "Penalty cannot be levied for mere Deletion of Capital Gain Exemption Claim u/s 54F: ITAT [Read Order]")
Income Tax Penalty cannot be levied for Bonafide and Inadvertent Mistake resulted in Excess Claim of Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that a bonafide and inadvertent mistake ultimately caused an excessive claim of deduction would not attract penalty under section...
![Income Tax Penalty cannot be levied for Bonafide and Inadvertent Mistake resulted in Excess Claim of Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/IncomeTax-Penalty-Bonafide-Claim-Deduction-ITAT-taxscan.jpeg "Income Tax Penalty cannot be levied for Bonafide and Inadvertent Mistake resulted in Excess Claim of Deduction: ITAT [Read Order]")
Goods attracting Nil Rate of GST Compensation Cess shall be treated as ‘Exempted’ to compute 'Adjusted Turnover': Calcutta HC orders Refund [Read Order]
While upholding an order granting GST refund, the Calcutta High Court has held that the goods attracting nil rate of cess shall be treated as ‘exempted’ for the purpose of adjusted total turnover...
![Goods attracting Nil Rate of GST Compensation Cess shall be treated as ‘Exempted’ to compute Adjusted Turnover: Calcutta HC orders Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Rate-ofGST-CompensationCess-Turnover-Calcutta-HC-Refund-taxscan.jpeg "Goods attracting Nil Rate of GST Compensation Cess shall be treated as ‘Exempted’ to compute Adjusted Turnover: Calcutta HC orders Refund [Read Order]")
Deduction u/s 80IA of Income Tax Act cannot be disallowed on Failure of Form No.10CCB submission: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench has held that the Claim of deduction under section 80IA of IncomeTax Act 1961 cannot be disallowed only for the omission of From NO.10CCB...
![Deduction u/s 80IA of Income Tax Act cannot be disallowed on Failure of Form No.10CCB submission: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Deduction-f-Income-Tax-Act-ITAT-taxscan.jpg "Deduction u/s 80IA of Income Tax Act cannot be disallowed on Failure of Form No.10CCB submission: ITAT [Read Order]")
ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench comprising Shri Saktijit Dey, Judicial Member & Shri Pradip Kumar Kedia, Accountant Member has allowed TDS credit to the assessee in the...
![ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-TDS-Credit-Credit-Claim-taxscan.jpg "ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]")