![Disallowance/Addition of loss Cannot be raised when not claimed in Computation of Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Disallowance-Addition-of-loss-Computation-of-Income-ITAT-Income-Tax-Appellate-Tribunal-taxscan.jpg "Disallowance/Addition of loss Cannot be raised when not claimed in Computation of Income: ITAT [Read Order]")
Disallowance/Addition of loss Cannot be raised when not claimed in Computation of Income: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the disallowances/additions of loss cannot be raised when it has not been...
![Payment by Builder/ Developer for Compensation/Damages to Allottees is not Interest u/s 2(28) of Income Tax Act, No TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Payment-Builder-Developer-for-Compensation-Damages-to-Allottees-Interest-Income-Tax-Act-TDS-ITAT-TAXSCAN.jpg "Payment by Builder/ Developer for Compensation/Damages to Allottees is not Interest u/s 2(28) of Income Tax Act, No TDS: ITAT [Read Order]")
![Recovery Proceedings under Income Tax Act during pendency of Stay Application: Kerala HC directs to Decide Appeal within 3 months [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Recovery-Proceedings-Income-Tax-Act-during-pendency-of-Stay-Application-Kerala-HC-directs-to-Decide-Appeal-TAXSCAN.jpg "Recovery Proceedings under Income Tax Act during pendency of Stay Application: Kerala HC directs to Decide Appeal within 3 months [Read Order]")
![Relief to Amadeus IT Group: Delhi HC condones delay of 170 days in re-filing Income Tax Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Relief-Amadeus-IT-Group-Delhi-High-Court-condones-delay-re-filing-Income-Tax-Appeal-taxscan.jpg "Relief to Amadeus IT Group: Delhi HC condones delay of 170 days in re-filing Income Tax Appeal [Read Order]")
![Recovery Proceedings Pursuant to Demand Notice: Kerala HC Directs Commissioner of Income Tax to Decide Appeal Within 2 Months [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Recovery-Proceedings-Pursuant-to-Demand-Notice-Kerala-HC-Directs-Commissioner-of-Income-Tax-to-Decide-Appeal-TAXSCAN.jpg "Recovery Proceedings Pursuant to Demand Notice: Kerala HC Directs Commissioner of Income Tax to Decide Appeal Within 2 Months [Read Order]")
Income Tax Authorities Issue Recovery cum Garnishee Orders During Pendency of Condonation Application: Kerala HC Orders 20% Deposit of Assessed Tax, Stays Orders [Read Order]
In a recent ruling, the Kerala high Court has stayed the Recovery cum Garnishee orders issued by the income tax authorities during the pendency of condonation applications on condition of pre-deposit...
![Income Tax Authorities Issue Recovery cum Garnishee Orders During Pendency of Condonation Application: Kerala HC Orders 20% Deposit of Assessed Tax, Stays Orders [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Income-Tax-recent-ruling-Authorities-Issue-Recovery-Kerala-high-Court-Garnishee-Orders-During-Pendency-Condonation-Application-Kerala-HC-Orders-Deposit-Assessed-Tax-Stays-Orders-taxscan.jpg "Income Tax Authorities Issue Recovery cum Garnishee Orders During Pendency of Condonation Application: Kerala HC Orders 20% Deposit of Assessed Tax, Stays Orders [Read Order]")
No Disallowance u/s 37 of Income Tax Act can be made on Expenditure of Advertisement and Sales Promotion in Absence of Evidence that Benefit Third Party: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that in absence of any evidence placed by the Assesing Officer(AO) that the expenditure of Advertisement and Sales Promotion has resulted...
![No Disallowance u/s 37 of Income Tax Act can be made on Expenditure of Advertisement and Sales Promotion in Absence of Evidence that Benefit Third Party: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-Disallowance-Income-Tax-Act-Expenditure-Advertisement-and-Sales-Promotion-Absence-of-Evidence-that-Benefit-Third-Party-ITAT.jpg "No Disallowance u/s 37 of Income Tax Act can be made on Expenditure of Advertisement and Sales Promotion in Absence of Evidence that Benefit Third Party: ITAT [Read Order]")
Income from Nursery Activities of growing various types of Lawns, Flower Plants and Vegetable Plants is Agricultural Income, not Business Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad bench held that income from engaging in nursery activities of growing various types of lawns, flower plants and vegetables plants is agricultural...
![Income from Nursery Activities of growing various types of Lawns, Flower Plants and Vegetable Plants is Agricultural Income, not Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Income-from-Nursery-Activities-of-growing-various-types-of-Lawns-Flower-Plants-and-Vegetable-Plants-is-Agricultural-Income-Business-Income-ITAT-TAXSCAN.jpg "Income from Nursery Activities of growing various types of Lawns, Flower Plants and Vegetable Plants is Agricultural Income, not Business Income: ITAT [Read Order]")
Reopening of Assessments u/s 153A of Income Tax Act Unjustified if No Incriminating Material Linked to Undisclosed Income Discovered in Search: Patna HC [Read Order]
The High Court of Patna has held that the reopening of assessments under Section 153A of the Income Tax Act, 1961 is unjustified if no incriminating material linked to undisclosed income is...
![Reopening of Assessments u/s 153A of Income Tax Act Unjustified if No Incriminating Material Linked to Undisclosed Income Discovered in Search: Patna HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Reopening-of-Assessments-Income-Tax-Act-Unjustified-if-No-Incriminating-Material-Linked-to-Undisclosed-Income-Discovered-in-Search-Patna-HC-TAXSCAN.jpg "Reopening of Assessments u/s 153A of Income Tax Act Unjustified if No Incriminating Material Linked to Undisclosed Income Discovered in Search: Patna HC [Read Order]")
Delhi High Court Condoned 170 Days Delay in Re-filing Appeals by Commissioner of Income Tax; Refrains from Entertaining Issues Not Raised before the Statutory Authority [Read Order]
The High Court of Delhi has condoned the delay of 170 days in the re-filing of appeals by the Commissioner of Income Tax - International Taxation -1. However, the court refrained from entertaining...
![Delhi High Court Condoned 170 Days Delay in Re-filing Appeals by Commissioner of Income Tax; Refrains from Entertaining Issues Not Raised before the Statutory Authority [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Delhi-High-Court-Condoned-Delay-in-Re-filing-Appeals-Commissioner-of-Income-Tax-Refrains-Entertaining-Issues-Raised-Statutory-Authority-TAXSCAN.jpg "Delhi High Court Condoned 170 Days Delay in Re-filing Appeals by Commissioner of Income Tax; Refrains from Entertaining Issues Not Raised before the Statutory Authority [Read Order]")
Mere Assumption that Withdrawn Amount Spent for Other Purposes Without any Adverse Positive Material cannot be the Reason for Disputing Source of Cash Deposits: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that The Assessing Officer (AO) has ignored main cash book while disputing the source of cash and making addition and the Commissioner of...
![Mere Assumption that Withdrawn Amount Spent for Other Purposes Without any Adverse Positive Material cannot be the Reason for Disputing Source of Cash Deposits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/j.jpg "Mere Assumption that Withdrawn Amount Spent for Other Purposes Without any Adverse Positive Material cannot be the Reason for Disputing Source of Cash Deposits: ITAT [Read Order]")
TDS deducted in hands of Transferor Company shall belong to Transferrer Company when Amalgamation Scheme is approved by HC: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the Tax Deducted at Source (TDS) deducted in the hands of the transferor company shall belong to the transferrer company...
![TDS deducted in hands of Transferor Company shall belong to Transferrer Company when Amalgamation Scheme is approved by HC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/TDS-deducted-Transferor-Company-shall-belong-to-Transferrer-Company-Amalgamation-Scheme-is-approved-by-HC-ITAT-TAXSCAN.jpg "TDS deducted in hands of Transferor Company shall belong to Transferrer Company when Amalgamation Scheme is approved by HC: ITAT [Read Order]")