![Deduction of TDS at a rate of 0.01% satisfying Mandate of Rule 28AA denied due to Non-Application of Mind by DCIT: Delhi HC directs fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Deduction-of-TDS-satisfying-Mandate-Non-Application-DCIT-Delhi-High-Court-Adjudication-taxscan.jpg "Deduction of TDS at a rate of 0.01% satisfying Mandate of Rule 28AA denied due to Non-Application of Mind by DCIT: Delhi HC directs fresh Adjudication [Read Order]")
Deduction of TDS at a rate of 0.01% satisfying Mandate of Rule 28AA denied due to Non-Application of Mind by DCIT: Delhi HC directs fresh Adjudication [Read Order]
The Delhi High Court directed fresh adjudication because the deduction of Tax Deducted at Source (TDS) at a rate of 0.01% satisfying the mandate of...
![Advance Payment for Purchase of Land and Deposit in Capital Gain Scheme Account Established: ITAT Dismisses Income Tax Depts Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Advance-Payment-for-Purchase-of-Land-Deposit-in-Capital-Gain-Scheme-Account-Established-Advance-Payment-TAXSCAN.jpg "Advance Payment for Purchase of Land and Deposit in Capital Gain Scheme Account Established: ITAT Dismisses Income Tax Depts Appeal [Read Order]")
![Section 56(2)(vii)(3) of Income Tax Act Not Applicable for Bonus Shares: ITAT quashes Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Income-Tax-Act-Applicable-Bonus-Shares-ITAT-Appeal-TAXSCAN.webp "Section 56(2)(vii)(3) of Income Tax Act Not Applicable for Bonus Shares: ITAT quashes Appeal [Read Order]")
![No initiation of disallowances is required under Rule 8D(2)(i) if Direct Expenses not debited to P/L Account of Business: ITAT sets aside Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-initiation-disallowances-No-initiation-of-disallowances-Direct-Expenses-Account-of-Business-Business-ITAT-taxscan.jpg "No initiation of disallowances is required under Rule 8D(2)(i) if Direct Expenses not debited to P/L Account of Business: ITAT sets aside Order of CIT(A) [Read Order]")
No Addition on Unaccounted Income on Inclusion of Sale of Jewellery as LTCG in ROI: ITAT quashes Assessment Order and Penalty [Read Order]
The Delhi bench of Income tax appellate tribunal (ITAT) quashed the assessment order and penalty which was passed by Deputy Commissioner of Income Tax (DCIT) and held that No addition could be made...
![No Addition on Unaccounted Income on Inclusion of Sale of Jewellery as LTCG in ROI: ITAT quashes Assessment Order and Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Addition-on-Unaccounted-Income-No-Addition-Unaccounted-Income-Income-Inclusion-of-Sale-of-Jewellery-LTCG-ROI-ITAT-quashes-Assessment-Order-and-Penalty-taxscan.jpg "No Addition on Unaccounted Income on Inclusion of Sale of Jewellery as LTCG in ROI: ITAT quashes Assessment Order and Penalty [Read Order]")
Reassessment of Non-resident Company Vedanta Resources: Orissa HC quashes proceedings due to Lack of Jurisdiction [Read Order]
The Orissa High Court (HC) presided by Chief Justice Dr. S. Muralidhar and the Justice M.S. Raman quashed the reassessment proceedings of a non-resident company Vedanta Resources Limited (VRL) and...
![Reassessment of Non-resident Company Vedanta Resources: Orissa HC quashes proceedings due to Lack of Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Reassessment-Non-resident-Company-Vedanta-Resources-Vedanta-Resources-Non-resident-Company-Orissa-High-Court-proceedings-Lack-of-Jurisdiction-Jurisdiction-Taxscan-.jpg "Reassessment of Non-resident Company Vedanta Resources: Orissa HC quashes proceedings due to Lack of Jurisdiction [Read Order]")
![Depreciation at 60% Allowable on Computer Softwares: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Depreciation-Computer-Softwares-ITAT-TAXSCAN.jpg "Depreciation at 60% Allowable on Computer Softwares: ITAT [Read Order]")
Disallowance can’t be made on Late deposit of ESI and EPF, if deposited before due date of Income Tax Return: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Agra Bench ruled that the disallowance can not be made on the Late deposit of Employees' State Insurance (ESI) and Employees' Provident Fund (EPF) if...
![Disallowance can’t be made on Late deposit of ESI and EPF, if deposited before due date of Income Tax Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ESI-EPF-ITR-ITAT-Taxscan.jpg "Disallowance can’t be made on Late deposit of ESI and EPF, if deposited before due date of Income Tax Return: ITAT [Read Order]")
TDS not Deductible on issue of Recharge Vouchers by Cellular Service provider at lower rates: ITAT grants Relief to Vodafone India [Read Order]
In a major relief to the Vodafone India the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench ruled that the TDS is not deductible on the issue of recharge vouchers by cellular service...
![ITAT quashes Reopening of Assessment against Aries Marketers [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-reopening-of-the-assessment-Aries-Marketers-Taxscan.jpg "ITAT quashes Reopening of Assessment against Aries Marketers [Read Order]")
![Assessment cant be Revised on ground of Mere suspicion that Income is Escaped: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Assessment-Mere-suspicion-Income-is-Escaped-ITAT-Taxscan.jpg "Assessment cant be Revised on ground of Mere suspicion that Income is Escaped: ITAT [Read Order]")