![Kerala HC halts Recovery Proceedings amidst pending appeals; Directs Commissioner of Income Tax to expedite resolution of Stay Petitions and Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Kerala-High-Court-Recovery-proceedings-Income-tax-appeals-Income-tax-taxscan.jpg "Kerala HC halts Recovery Proceedings amidst pending appeals; Directs Commissioner of Income Tax to expedite resolution of Stay Petitions and Appeals [Read Order]")
Kerala HC halts Recovery Proceedings amidst pending appeals; Directs Commissioner of Income Tax to expedite resolution of Stay Petitions and Appeals [Read Order]
The Kerala High Court has intervened to temporarily halt the income tax recovery proceedings against the petitioner. This decision came amidst...
![Denial of Claim of Deduction u/s 80 of Income Tax Act without stating Reason: Kerala HC directs to Stay Recovery Till Finalisation of Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Denial-of-Claim-of-Deduction-us-80-of-Income-Tax-Act-Kerala-HC-Recovery-Till-Finalisation-of-Appeal-TAXSCAN.jpg "Denial of Claim of Deduction u/s 80 of Income Tax Act without stating Reason: Kerala HC directs to Stay Recovery Till Finalisation of Appeal [Read Order]")
Belated Filing of ITR due to Delay in Statutory Audit Completion, 80B Deduction Denied: Madras HC Condones Delay, Remands for Reconsideration [Read Order]
In a recent ruling, the Madras High Court condoned the delay of the Income Tax Returns ( ITR ) filed by the Agricultural Co-operative Credit Society considering the genuine hardships faced by the...
![Belated Filing of ITR due to Delay in Statutory Audit Completion, 80B Deduction Denied: Madras HC Condones Delay, Remands for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Madras-High-Court-Filing-of-ITR-Delay-in-Statutory-Audit-Completion-Statutory-Audit-TAXSCAN.jpg "Belated Filing of ITR due to Delay in Statutory Audit Completion, 80B Deduction Denied: Madras HC Condones Delay, Remands for Reconsideration [Read Order]")
Assessee not expected to keep E-Portal of Income Tax Dept open all time to have Knowledge of what is being Done: Punjab and Haryana HC [Read Order]
The Punjab and Haryana High Court observed that the assessee is not expected to keep e-portal of the Income Tax Department open all time to have knowledge of what is being done. It is a case where...
![Assessee not expected to keep E-Portal of Income Tax Dept open all time to have Knowledge of what is being Done: Punjab and Haryana HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Punjab-and-Haryana-High-Court-Income-Tax-Income-Tax-Department-Income-Tax-Portal-taxscan.jpg "Assessee not expected to keep E-Portal of Income Tax Dept open all time to have Knowledge of what is being Done: Punjab and Haryana HC [Read Order]")
CIT (A) Fails to Prove Records of Unsecured Loan Non -genuine: ITAT Deletes Disallowance of Rs. 116 crore [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) deleted the disallowance of Rs. 116 crore as Commissioner of Income Tax (Appeals) failed to prove the non-genuineness of records...
![CIT (A) Fails to Prove Records of Unsecured Loan Non -genuine: ITAT Deletes Disallowance of Rs. 116 crore [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/CIT-A-Records-Unsecured-Loan-Non-genuine-ITAT-Disallowance-TAXSCAN.jpg "CIT (A) Fails to Prove Records of Unsecured Loan Non -genuine: ITAT Deletes Disallowance of Rs. 116 crore [Read Order]")
Filing of Application in Wrong Section code in Form-10A: Orissa HC Restores Application for Registration u/s 12AB of Income Tax Act [Read Order]
The Orissa High Court restored application for registration under Section 12AB of the Income Tax Act, 1961 as there was filing of application in wrong section code in Form-10A. R.P. Kar, the...
![Filing of Application in Wrong Section code in Form-10A: Orissa HC Restores Application for Registration u/s 12AB of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Orissa-High-Court-Income-Tax-Filing-of-Application-Form-10A-TAXSCAN.jpg "Filing of Application in Wrong Section code in Form-10A: Orissa HC Restores Application for Registration u/s 12AB of Income Tax Act [Read Order]")
Imposition to Remit 15% of Total Income Tax Demand for Grant of Stay is Arbitrary: Kerala HC sets aside Condition [Read Order]
The Kerala High Court has set aside the condition of imposing a remittance of 15% of the total income tax demand for the grant of stay, deeming it arbitrary. The appellant had impugned assessment...
![Imposition to Remit 15% of Total Income Tax Demand for Grant of Stay is Arbitrary: Kerala HC sets aside Condition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Tax-Kerala-high-court-Income-Tax-Demand-Stay-Imposition-TAXSCAN.jpg "Imposition to Remit 15% of Total Income Tax Demand for Grant of Stay is Arbitrary: Kerala HC sets aside Condition [Read Order]")
![No Denial of Capital Gains Deduction u/s 54 once Requisite Conditions are Met: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Capital-Gains-Deduction-us-54-Conditions-Met-ITAT-TAXSCAN.jpg "No Denial of Capital Gains Deduction u/s 54 once Requisite Conditions are Met: ITAT [Read Order]")
Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]
In a major ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) noted that surpassing the threshold of gross receipts for charitable trusts as outlined in Section 2(15) of the Income...
![Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Gross-Receipts-of-Charitable-Trust-Mentioned-us-215-of-Income-Tax-Act-Registration-Cancellation-ITAT-TAXSCAN.jpg "Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]")