![Limitation Period can’t start from the date pronouncement of Order, if assessee lack knowledge: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/01/Limitation-Period-pronouncement-of-Order-assessee-lack-knowledge-Delhi-High-Court-Taxscan.jpg "Limitation Period can’t start from the date pronouncement of Order, if assessee lack knowledge: Delhi High Court [Read Judgment]")
Limitation Period can’t start from the date pronouncement of Order, if assessee lack knowledge: Delhi High Court [Read Judgment]
The Delhi High Court held that the limitation period cannot start from the date pronouncement of the Order if the assessee lacks knowledge about the...
![Transfer Order is administrative order and not quasi-judicial order, Assessee don’t have any right to choose Assessing Authority: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/Transfer-Order-administrative-order-quasi-judicial-order-Assessing-Authority-Madras-High-court-Taxscan-1.jpg "Transfer Order is administrative order and not quasi-judicial order, Assessee don’t have any right to choose Assessing Authority: Madras HC [Read Judgment]")
![ITAT stays demand proceeding of Rs.55.40 Crores as MAP proceedings are still pending against Skoda Auto Volkswagen India [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-MAP-Skoda-Auto-Volkswagen-India-Taxscan.jpeg "ITAT stays demand proceeding of Rs.55.40 Crores as MAP proceedings are still pending against Skoda Auto Volkswagen India [Read Order]")
![Time Limit to Pronounce Order after concluding Hearing during COVID-19: ITAT clarifies [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Addition-Search-ITAT-Taxscan.jpg "Time Limit to Pronounce Order after concluding Hearing during COVID-19: ITAT clarifies [Read Order]")
![DCIT can’t Re-Open Assessment after 4 years to deny Deduction unless any Income Chargeable to Tax escaped Assessment: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/05/DCIT-assessment-deduction-Taxscan.jpg "DCIT can’t Re-Open Assessment after 4 years to deny Deduction unless any Income Chargeable to Tax escaped Assessment: Madras HC [Read Judgment]")
Products Generated out of Manufacturing can’t be categorized as ‘Scrap or Waste’ and Agents providing help are considered as Contractors and not Professionals: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) in the case of DCIT vs. M/s Gujarat Ambuja Export Ltd. dismissed the appeal in favour of the respondent and held that the manufacturing of products can not be...
![Products Generated out of Manufacturing can’t be categorized as ‘Scrap or Waste’ and Agents providing help are considered as Contractors and not Professionals: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Products-Manufacturing-ITAT-Taxscan.jpg "Products Generated out of Manufacturing can’t be categorized as ‘Scrap or Waste’ and Agents providing help are considered as Contractors and not Professionals: ITAT [Read Order]")
ITAT deletes Addition since Transaction of Rendering Marketing Services of Channel Placement Rights with Broadcasters was Deductible under Domestic Transfer Pricing provisions [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) in the case of Hathway Cable and Datacom Ltd v DCIT deletes addition on the ground that transaction of rendering marketing services of channel...
![ITAT deletes Addition since Transaction of Rendering Marketing Services of Channel Placement Rights with Broadcasters was Deductible under Domestic Transfer Pricing provisions [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Marketing-Services-Broadcasters-Digital-Cable-Pricing-ITAT-Taxscan.jpg "ITAT deletes Addition since Transaction of Rendering Marketing Services of Channel Placement Rights with Broadcasters was Deductible under Domestic Transfer Pricing provisions [Read Order]")
Exemption to Agricultural Lands bought when not for any Business purposes allowed: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) in the case of DCIT v Kushal Infra project Industries allowed exemption on agricultural lands bought without an intention to purchase the land...
![Exemption to Agricultural Lands bought when not for any Business purposes allowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Agricultural-Lands-Exemptions-Business-Purpose-Taxscan.jpg "Exemption to Agricultural Lands bought when not for any Business purposes allowed: ITAT [Read Order]")
Loss arising from Forfeiture of Advance Paid on Convertible Warrants is Business Loss: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench held that the loss arising from forfeiture of the advance paid on convertible warrants is a business loss. The ruling was made by a bench of ITAT...
![Loss arising from Forfeiture of Advance Paid on Convertible Warrants is Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Business-Loss-Taxscan.jpg "Loss arising from Forfeiture of Advance Paid on Convertible Warrants is Business Loss: ITAT [Read Order]")
Non-Striking off of Irrelevant Clause in the notice would amount to Non-Application of Mind: ITAT deletes Penalty Order
The ITAT, Mumbai, in Rekha Bhupendra Dalal v. DCIT, held that non-striking off of the irrelevant clause in the notice would amount to non-application of mind and therefore, quashed the penalty...
Delhi HC grants Exemption for Payments towards the Penal Interest for Violation of Agreement under Income Tax Act [DOWNLOAD JUDGMENT]
The Delhi High Court while deciding a writ petition filed by the CEAT Ltd against the CBDT granted an exemption to the petitioners under Section 10(15)(iv)(c) of the Income Tax Act, 1961 for the...
![Delhi HC grants Exemption for Payments towards the Penal Interest for Violation of Agreement under Income Tax Act [DOWNLOAD JUDGMENT]](/images/placeholder.jpg "Delhi HC grants Exemption for Payments towards the Penal Interest for Violation of Agreement under Income Tax Act [DOWNLOAD JUDGMENT]")
“ITAT is bound to follow the decisions of Higher Courts”; Bombay HC quashes Impugned order against HDFC [DOWNLOAD JUDGMENT]
The High Court of Bombay, on 25th February, in the case, HDFC Bank Ltd v. DCIT, set aside the impugned order passed by the Tribunal by upholding the doctrine of precedent. The highlights of the...
