![Disallowance of TDS Credit on IMP Transfer Due to assessed in wrong AY: ITAT directs to give Credit in Relevant AY [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Surat-IMP-Transfer-Due-TDS-credit-Taxscan.jpg "Disallowance of TDS Credit on IMP Transfer Due to assessed in wrong AY: ITAT directs to give Credit in Relevant AY [Read Order]")
Disallowance of TDS Credit on IMP Transfer Due to assessed in wrong AY: ITAT directs to give Credit in Relevant AY [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) held that Tax deducted at source ( TDS ) credit on immovable property shall be allowed only...
![CPC cannot Disallow S.11 Benefits already Accepted: ITAT Rules Action Beyond Scope of Rectification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Rectification-CPC-Taxscan.jpg "CPC cannot Disallow S.11 Benefits already Accepted: ITAT Rules Action Beyond Scope of Rectification [Read Order]")
![Rebate u/s 87A on STCG from Shares Allowed under New Tax Regime: CIT(A) directs JAO to Verify Claim Again [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/New-Tax-Regime-STCG-Short-Term-Capital-Gain-Section-87A-of-Income-Tax-Act-CITA-directs-JAO-Tax-Regime-CITA-taxscan.jpg "Rebate u/s 87A on STCG from Shares Allowed under New Tax Regime: CIT(A) directs JAO to Verify Claim Again [Read Order]")
![ITAT grants Relief on Employer PF/ESI Contributions, Restricts disallowance to Employee Contributions based on Timely Payment u/s 43B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-Bangalore-Income-Tax-Act-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "ITAT grants Relief on Employer PF/ESI Contributions, Restricts disallowance to Employee Contributions based on Timely Payment u/s 43B of Income Tax Act [Read Order]")
![ITAT Remits Case to CIT(A) for Reassessment of Cash Deposits after Admission of Additional Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Visakhapatnam-ITAT-Remits-ITAT-Remits-Case-CITA-Reassessment-Cash-Deposits-Additional-Evidence-Commissioner-of-Income-TaxAppeals-taxscan.jpg "ITAT Remits Case to CIT(A) for Reassessment of Cash Deposits after Admission of Additional Evidence [Read Order]")
Relief to ASAN Memorial Association: ITAT Approves Statutory Deduction Claim Despite Filing Error in Income Tax Return [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ITAT) granted relief to ASAN Memorial Association, allowing its statutory deduction claim under Section 11(1)(a) of Income Tax Act,1961 despite a...
![Relief to ASAN Memorial Association: ITAT Approves Statutory Deduction Claim Despite Filing Error in Income Tax Return [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Relief-ASAN-Memorial-ITAT-Statutory-Deduction-Claim-Despite-Filing-Income-Tax-Return-taxscan.jpg "Relief to ASAN Memorial Association: ITAT Approves Statutory Deduction Claim Despite Filing Error in Income Tax Return [Read Order]")
Determinate Beneficiaries to be Taxed as “Individual”, Not as “Association Of Persons” at Marginal Rate: ITAT [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal ( ITAT ) "SMC" Bench in Mumbai, ruled that determinate beneficiaries should be taxed as “Individual” and not as “Association Of Persons” at a...
![Determinate Beneficiaries to be Taxed as “Individual”, Not as “Association Of Persons” at Marginal Rate: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Mumbai-Income-Tax-Appellate-Tribunal-TAXSCAN-1.jpg "Determinate Beneficiaries to be Taxed as “Individual”, Not as “Association Of Persons” at Marginal Rate: ITAT [Read Order]")
![No Bar u/s 115 BAC to Carry Forward and Set off Losses Under Capital Gains: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Pune-Section-115BAC-of-the-Income-Tax-Act-Capital-Gains-Losses-Under-Capital-Gains-Carry-Forward-bar-carry-forward-ITAT-news-ITAT-updates-taxscan.jpg "No Bar u/s 115 BAC to Carry Forward and Set off Losses Under Capital Gains: ITAT [Read Order]")
Auditor's Incorrect Reporting of Income Already Credited to P&L Account Leads to ₹54,17,992 Addition: ITAT Orders Reassessment [Read Order]
The Allahabad Bench of Income Tax Appellate Tribunal ( ITAT ) ordered reassessment for the matter concerning the addition of Rs. 54,17,992 due to the Auditor’s misreporting of income which was...
![Auditors Incorrect Reporting of Income Already Credited to P&L Account Leads to ₹54,17,992 Addition: ITAT Orders Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Incorrect-Reporting-of-Income-P-and-L-Account-ITAT-Reassessment-Income-Tax-Taxscan.jpg "Auditors Incorrect Reporting of Income Already Credited to P&L Account Leads to ₹54,17,992 Addition: ITAT Orders Reassessment [Read Order]")
Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam recently directed an Assessing Officer ( AO ) to forgo the amount generated by Kaccha Arahtias from sales conducted for their Principal as...
![Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Visakapatanam-Kaccha-Arahtia-Sales-of-Kaccha-Arahtia-TDS-Tax-Deducted-at-Source-Income-Tax-Section-44AB-of-Income-Tax-Act-taxscan.jpg "Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]")
Non-Appearance of Form 10B on E-Portal due to Technical Glitch not Taxpayer Mistake: ITAT Remands u/s 11 Exemption Matter [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) remanded exemption under Section 11 of the Income Tax Act matter due to the non-appearance of Form 10B on the E-portal caused by a...
![Non-Appearance of Form 10B on E-Portal due to Technical Glitch not Taxpayer Mistake: ITAT Remands u/s 11 Exemption Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-E-Poetal-Due-E-Poetal-Due-to-Technical-Glitch-Taxscan.jpg "Non-Appearance of Form 10B on E-Portal due to Technical Glitch not Taxpayer Mistake: ITAT Remands u/s 11 Exemption Matter [Read Order]")
