![ITAT deletes Penalty u/s 271B of Income Tax Act for Bonafide Belief on Treating Gross Commission as Turnover [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-deletes-Penalty-us-271B-of-Income-Tax-Act-Treating-Gross-Commission-Turnover-TAXSCAN.jpg "ITAT deletes Penalty u/s 271B of Income Tax Act for Bonafide Belief on Treating Gross Commission as Turnover [Read Order]")
ITAT deletes Penalty u/s 271B of Income Tax Act for Bonafide Belief on Treating Gross Commission as Turnover [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) deleted the penalty under Section 271B of the Income Tax Act 1961, imposed on...
![No Disallowance of Commission paid to U.S Sales Agent for Selling Products in U.S u/s 40(a)(i) of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Commission-paid-Sales-Agent-Selling-Products-Income-Tax-Act-Income-Tax-ITAT-Taxscan.jpg "No Disallowance of Commission paid to U.S Sales Agent for Selling Products in U.S u/s 40(a)(i) of the Income Tax Act: ITAT [Read Order]")
![No Service Tax on Commission Paid to Foreign Agents Under Service Tax Exemption Notification : CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Service-Tax-Service-Tax-No-Service-Tax-on-Commission-Paid-Commission-Paid-Foreign-Agents-Foreign-Agents-Under-Service-Tax-Exemption-CESTAT-Customs-Excise-taxscan.jpg "No Service Tax on Commission Paid to Foreign Agents Under Service Tax Exemption Notification : CESTAT [Read Order]")
![Relief to BCD Travels: CESTAT quashes Service Tax Demand on Commission received on Fuel Surcharge [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Relief-to-BCD-Travels-BCD-Travels-CESTAT-Customs-Excise-Service-Tax-CESTAT-quashes-Service-Tax-Demand-Service-Tax-Demand-on-Commission-Fuel-Surcharge-taxscan-.jpg "Relief to BCD Travels: CESTAT quashes Service Tax Demand on Commission received on Fuel Surcharge [Read Order]")
![ITAT Confirms Addition in respect of Commission Earned from 54 Paper Companies [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/ITAT-Addition-Commission-Paper-Companies-Taxscan.jpg "ITAT Confirms Addition in respect of Commission Earned from 54 Paper Companies [Read Order]")
No Service Tax for ‘Business Auxiliary Services' on consideration towards commission on Sub-Contracts: CESTAT [Read Order]
The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), observed that no service tax for ‘Business Auxiliary Services' on consideration towards commission on...
![No Service Tax for ‘Business Auxiliary Services on consideration towards commission on Sub-Contracts: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Service-Tax-Business-Auxiliary-Services-consideration-commission-Sub-Contracts-CESTAT-taxscan.jpg "No Service Tax for ‘Business Auxiliary Services on consideration towards commission on Sub-Contracts: CESTAT [Read Order]")
Service Tax not payable by Stock Broking Company on Computer-to-Computer Linkage Charges, Commission on Public Issue and Inter Settlement Charges: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), Ahmedabad Bench observed that no service tax payable by Stock Broking Company on Computer-to-Computer Linkage charges, Commission on...
![Service Tax not payable by Stock Broking Company on Computer-to-Computer Linkage Charges, Commission on Public Issue and Inter Settlement Charges: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Service-Tax-Tax-payable-Stock-Broking-Company-Computer-to-Computer-Linkage-Charges-Linkage-Charges-Commission-Public-Issue-Inter-Settlement-Charges-CESTAT-Taxscan.jpg "Service Tax not payable by Stock Broking Company on Computer-to-Computer Linkage Charges, Commission on Public Issue and Inter Settlement Charges: CESTAT [Read Order]")
No Income Tax Penalty u/s 44A and 44B if the Commission receipt falls below Threshold Limit: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench recently in an appeal held that penalty would not be imposed under Section 44A and 44B Income Tax Act, 1961 if the commission receipt of assessee...
![No Income Tax Penalty u/s 44A and 44B if the Commission receipt falls below Threshold Limit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/No-Income-Tax-Penalty-Commission-receipt-falls-below-Threshold-Limit-ITAT-TAXSCAN.jpg "No Income Tax Penalty u/s 44A and 44B if the Commission receipt falls below Threshold Limit: ITAT [Read Order]")
![Bonus / Commission to Employee Deductible from Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Bonus-Commission-Employee-Deductible-Business-Income-ITAT-taxscan.jpeg "Bonus / Commission to Employee Deductible from Business Income: ITAT [Read Order]")
Dearness Relief on Commuted Pension and Family Pension: Department of Pension & Pensioners’ Welfare issues clarification Memo
The Department of Pension & Pensioners’ Welfare under the Ministry of Personnel, P.G and Pensions has recently issued a clarification memo in reply to various representations/references received...
Assessee could not be Penalized by denying the Exemption for Mere Technical Violation: ITAT allows Exemption u/s 10(23B) [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal has held that assessee could not be penalized by denying the exemption for mere technical violation and allow exemption u/s 10(23B). The appellant,...
![Assessee could not be Penalized by denying the Exemption for Mere Technical Violation: ITAT allows Exemption u/s 10(23B) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Assessee-Exemption-Technical-Violation-ITAT-taxscan.jpg "Assessee could not be Penalized by denying the Exemption for Mere Technical Violation: ITAT allows Exemption u/s 10(23B) [Read Order]")