![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]")
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...
![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]")
![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]](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]")
ITAT deletes Adjustment on Section 80P Deduction as Taxpayer Filed ITR within Due Date u/s 139(1) [Read Order]
In a recent judgement, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the adjustment on the Section 80P deduction as the taxpayer filed their Income Tax Return ( ITR ) within...
![ITAT deletes Adjustment on Section 80P Deduction as Taxpayer Filed ITR within Due Date u/s 139(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-ITR-filed-Income-Tax-Return-taxcan.jpeg "ITAT deletes Adjustment on Section 80P Deduction as Taxpayer Filed ITR within Due Date u/s 139(1) [Read Order]")
Foreign Insolvency Judgments from Non-Reciprocating Countries not applicable In Indian Courts in Absence of Cross Border Frame Work: Calcutta HC [Read Judgment]
In a recent case, the Calcutta High Court held that in the absence of a cross-border insolvency framework, Indian courts do not recognize or enforce foreign insolvency judgements from...
![Foreign Insolvency Judgments from Non-Reciprocating Countries not applicable In Indian Courts in Absence of Cross Border Frame Work: Calcutta HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2024/07/Calcutta-High-Court-Calcutta-HC-Upholds-ITATs-Order-Net-Profit-Rate-Gross-Receipts-Unless-Illegality-taxscan.jpg "Foreign Insolvency Judgments from Non-Reciprocating Countries not applicable In Indian Courts in Absence of Cross Border Frame Work: Calcutta HC [Read Judgment]")
Claim u/s 80M of Income Tax Act Allowable when Deduction of Amount was Equal to Dividend Distributed within Due Date: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) held that claim under Section 80M of Income Tax Act, 1961 is allowable when deduction of amount was equal to dividend distributed...
![Claim u/s 80M of Income Tax Act Allowable when Deduction of Amount was Equal to Dividend Distributed within Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-ITAT-Kolkata-Dividend-Distributed-Income-Tax-Act-Section-80M-of-Income-Tax-Act-Taxscan.jpg "Claim u/s 80M of Income Tax Act Allowable when Deduction of Amount was Equal to Dividend Distributed within Due Date: ITAT [Read Order]")
Deduction u/s 36(1)(va) of Income Tax Act is not allowable if Employees' Contributions are not Paid within Due Dates Specified under PF Act: ITAT [Read Order]
In a recent case, the Bangalore bench of the Income Tax Appellate Tribunal(ITAT) held that deduction under section 36(1)(va) of the Income Tax Act, 1961 is not allowable if employees' contributions...
![Deduction u/s 36(1)(va) of Income Tax Act is not allowable if Employees Contributions are not Paid within Due Dates Specified under PF Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Deduction-Income-Tax-Act-Employees-Contributions-Paid-Due-Dates-PF-Act-ITAT-taxscan.jpg "Deduction u/s 36(1)(va) of Income Tax Act is not allowable if Employees Contributions are not Paid within Due Dates Specified under PF Act: ITAT [Read Order]")
CPC Lacked Authority for Preliminary Deduction u/s 80P of Income Tax Act Pre-April 2021: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that the Centralized Processing Centre (CPC) lacked authority for preliminary deduction under Section 80P of the Income Tax...
![CPC Lacked Authority for Preliminary Deduction u/s 80P of Income Tax Act Pre-April 2021: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/CPC-CPC-Lacked-Authority-for-Preliminary-Deduction-Deduction-Income-Tax-Act-ITAT-taxscan.jpg "CPC Lacked Authority for Preliminary Deduction u/s 80P of Income Tax Act Pre-April 2021: ITAT [Read Order]")