![Appeal filed after 4 Years cannot be Condoned without Valid Reason: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Appeal-Condoned-Valid-Reason-ITAT-TAXSCAN.jpg "Appeal filed after 4 Years cannot be Condoned without Valid Reason: ITAT [Read Order]")
Appeal filed after 4 Years cannot be Condoned without Valid Reason: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that Appeal filed after four years could not be condoned without valid...
![VGA Digital Printers Eligible for Deduction in respect of Bad Debt from Reliance Communications: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/VGA-Digital-Printers-Eligible-Bad-Debt-Reliance-Communications-ITAT-TAXSCAN.jpg "VGA Digital Printers Eligible for Deduction in respect of Bad Debt from Reliance Communications: ITAT [Read Order]")
![Private Limited Company and Director are Different Persons: ITAT upholds Addition for Exceeding Limit of Cash Transactions u/s 269SS [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Private-Limited-Company-ITAT-Cash-Transactions-Cash-Transactions-Income-tax-tax-taxscan.jpg "Private Limited Company and Director are Different Persons: ITAT upholds Addition for Exceeding Limit of Cash Transactions u/s 269SS [Read Order]")
![ITAT deletes Disallowance u/s 40A(3) when assessee made Payment in Cash not directly to the Seller [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/ITAT-Disallowance-Payment-Cash-TAXSCAN.jpg "ITAT deletes Disallowance u/s 40A(3) when assessee made Payment in Cash not directly to the Seller [Read Order]")
![Capital Gain Exemption u/s 54 Not Allowable in cases where Builder has not Started Construction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Capital-Gain-Exemption-Builder-Construction-ITAT-TAXSCAN.jpg "Capital Gain Exemption u/s 54 Not Allowable in cases where Builder has not Started Construction: ITAT [Read Order]")
Company Audit and AGM on 31st March: ITAT upholds Rejection of Valuation Report Violating Rule 11UA [Read Order]
Delhi Bench of Income Tax Appellate Tribunal (ITAT) upheld the rejection of valuation report submitted by the assessee on the grounds that it violated the rule 11UA of Income Tax Rules. The appeal...
![Company Audit and AGM on 31st March: ITAT upholds Rejection of Valuation Report Violating Rule 11UA [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Company-Audit-AGM-ITAT-Valuation-Report-Violating-TAXSCAN.jpg "Company Audit and AGM on 31st March: ITAT upholds Rejection of Valuation Report Violating Rule 11UA [Read Order]")
![Mere Entry in Books Not a Ground to Delete Addition If Source Not Explained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Entry-in-Books-Not-Addition-ITAT-TAXSCAN.jpg "Mere Entry in Books Not a Ground to Delete Addition If Source Not Explained: ITAT [Read Order]")
![Warner Bros have No PE in India: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Warner-Bros-No-PE-ITAT-Addition-TAXSCAN.jpg "Warner Bros have No PE in India: ITAT deletes Addition [Read Order]")
Difference b/w Sale Consideration and Stamp Duty Valuation is Less than 10%: ITAT deletes Addition u/s 50C [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition under section 50C of the Income Tax Act,1961 as the difference between the Sale Consideration and Stamp Duty...
![Difference b/w Sale Consideration and Stamp Duty Valuation is Less than 10%: ITAT deletes Addition u/s 50C [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Sale-Consideration-and-Stamp-Duty-Valuation-ITAT-TAXSCAN.jpg "Difference b/w Sale Consideration and Stamp Duty Valuation is Less than 10%: ITAT deletes Addition u/s 50C [Read Order]")
ITAT grants Opportunity to Assessee for Appearance before CIT(A) being Senior Citizen and not aware Digital Communication [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT), granted opportunity to assessee for appearance before Commissioner of Income Tax (Appeals) (CIT(A)) being Senior citizen and not aware...
![ITAT grants Opportunity to Assessee for Appearance before CIT(A) being Senior Citizen and not aware Digital Communication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-CITA-being-Senior-Citizen-Digital-Communication-TAXSCAN.jpg "ITAT grants Opportunity to Assessee for Appearance before CIT(A) being Senior Citizen and not aware Digital Communication [Read Order]")
Unsubstantiated Personal Expenses of Directors not allowable as Business Promotion Expenses: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ), constituted of Anil Chaturvedi (Accountant Member) and Anubhav Sharma (Judicial Member) held unsubstantiated personal expenses of...
![Unsubstantiated Personal Expenses of Directors not allowable as Business Promotion Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Personal-Expenses-Directors-Business-Promotion-Expenses-Business-Promotion-Promotion-Expenses-ITAT-taxscan.jpg "Unsubstantiated Personal Expenses of Directors not allowable as Business Promotion Expenses: ITAT [Read Order]")
![Re-Assessment cannot be based on Mere Change of Opinion: Telangana HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Re-Assessment-Telangana-High-Court-Change-taxscan.jpg "Re-Assessment cannot be based on Mere Change of Opinion: Telangana HC [Read Order]")