Read all Latest Updates on and about Commissioner of Income Tax (Appeal)

Top

Begin typing your search above and press return to search.

Home
»
Commissioner of Income...

AO cannot Reject DCF Method For CCPS Valuation if it is made under Rule 11UA: ITAT deletes Addition [Read Order]

Varda Marakkar

Recently, The Income Tax Appellate Tribunal (ITAT) of Ahmedabad dismissed an appeal moved by the Revenue department against a decision made in favor...

Income Tax Dept fails to Contradict Taxpayer’s Evidence for LTCG from Share Sale: Rajasthan HC...

No Deduction for Interest Paid on FCCD under Tonnage Tax Scheme: ITAT [Read Order]

Allegation of Bogus Donation: ITAT Allows Income Tax Deduction u/s 35 (1)(ii) in Absence of Material...

Project Completion Method is Right Method Prescribed by ICAI for determining Profit, Eligible for...

Penalty of Rs. 1L imposed under Income Tax Act for Non Completion of Audit on Time: Supreme Court sets aside Penalty [Read Judgement]

The Supreme Court set aside the penalty of Rs. 100,000 imposed under the Income Tax Act for non-completion of the audit on the Stipulated time frame. The Special Leaving Petition ( SLP ) arose from...

Income Tax Act - Supreme Court - Penalty - Income Tax - taxscan

Department of Inland Revenue Sri Lanka Certifies Assessee’s Gross Remuneration: ITAT directs AO to allow TDS Credit and Self-Assessment Tax [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has directed the Assessing Officer to allow Tax Deducted at Source ( TDS ) credit and self-assessment tax, as the Department of Inland...

Deduction u/s 80 IA of Income Tax Act not available only to Persons Executing Works Contract: ITAT rejects Deduction Claim [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) rejected the claim of deduction under Section 80 IA of the Income Tax Act, 1961 stating that it is not available to individuals engaged...

CIT Appeal has no power u/s 250 of Income Tax Act to dismiss Appeal on account of non prosecution without discussing Merit of Case: ITAT [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) has held that CIT Appeal has no power under section 250 of the Income Tax Act, 1961 to dismiss an appeal on account of...

Relief to Bank of Nova scortia: ITAT allows Expenditure incurred towards earnings interest income exempt u/s 10 (15) [Read Order]

The Income Tax Appellate Tribunal (ITAT) has provided relief to the Bank of Nova Scotia by permitting the expenditure incurred towards earning interest income exempt under Section 10(15) of the...

Taxpayer Fails to Prove CA’s Advice to Transfer Case to Advocate and his Negligence to File Timely Appeal: ITAT Denies to Condone Delay of 310 Days [Read Order]

The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) refused to grant condonation for a 310-day delay, citing the taxpayer's inability to substantiate the Chartered Accountant's (CA)...

ITAT directs Re-adjudication on Addition of Insurance Claim of Rs. 2.75 Crores Taxed under Business Head [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has directed re-adjudication on the addition of Insurance claim of Rs. 2.75 taxed under the business head. The assessee, Piramal...

Prev Page Next Page