![ITAT deletes disallowance of deduction claimed on account of payment of guarantee commission to Associate Enterprise [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-disallowance-deduction-claimed-account-payment-guarantee-commission-Associate-Enterprise-TAXSCAN.jpg "ITAT deletes disallowance of deduction claimed on account of payment of guarantee commission to Associate Enterprise [Read Order]")
ITAT deletes disallowance of deduction claimed on account of payment of guarantee commission to Associate Enterprise [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted the disallowance of deduction claimed on account of payment of...
![Lease Rent and Packaging Charges derived under Lease Agreements for rendering Manufacturing Services to IMFL is Business Income :ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Lease-Rent-Packaging-Charges-Lease-Agreements-rendering-Manufacturing-Services-IMFL-Business-Income-ITAT-TAXSCAN.jpg "Lease Rent and Packaging Charges derived under Lease Agreements for rendering Manufacturing Services to IMFL is Business Income :ITAT [Read Order]")
![No addition can be made on Cash Deposited to Bank Account from Husbands Savings for pay of Bank Loan: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Cash-Deposited-Bank-Account-Husbands-Savings-pay-Bank-Loan-ITAT-TAXSCAN.jpg "No addition can be made on Cash Deposited to Bank Account from Husbands Savings for pay of Bank Loan: ITAT [Read Order]")
![Allegation of Wrong Availement of Cenvat Credit on Ineligible Services: CESTAT remands back matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Allegation-Wrong-Availement-Cenvat-Credit-Ineligible-Services-CESTAT-matter-TAXSCAN.jpg "Allegation of Wrong Availement of Cenvat Credit on Ineligible Services: CESTAT remands back matter [Read Order]")
![Concept of Composite Service not applicable when Contract separately Defined Mining Activity and Transportation Activity: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Concept-Composite-Service-applicable-Contract-separately-Mining-Activity-Transportation-CESTAT-TAXSCAN.jpg "Concept of Composite Service not applicable when Contract separately Defined Mining Activity and Transportation Activity: CESTAT [Read Order]")
Non Payment of Service Tax on Alcohol under Business Auxiliary Services under Bonafide Belief: CESTAT rules in Favour of Mount Everest Breweries [Read Order]
The Delhi bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled in favour of Mount Everest Breweries Limited and held that service tax and penalty not demandable when non payment...
![Non Payment of Service Tax on Alcohol under Business Auxiliary Services under Bonafide Belief: CESTAT rules in Favour of Mount Everest Breweries [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Service-Tax-Alcohol-Business-Auxiliary-Services-Bonafide-Belief-�CESTAT-Favour-Mount-Everest-Breweries-TAXSCAN.jpg "Non Payment of Service Tax on Alcohol under Business Auxiliary Services under Bonafide Belief: CESTAT rules in Favour of Mount Everest Breweries [Read Order]")
ITAT Upholds Deletion of Re-assessment Order by CIT(A) on ground of Reopening done on Unverified Information [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) upheld the re-assessment order passed by the assessing officer quashed by the Commissioner of Income Tax (Appeals) on the ground of...
![ITAT Upholds Deletion of Re-assessment Order by CIT(A) on ground of Reopening done on Unverified Information [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Deletion-Re-assessment-CITA-ground-Reopening-Unverified-Information-TAXSCAN.jpg "ITAT Upholds Deletion of Re-assessment Order by CIT(A) on ground of Reopening done on Unverified Information [Read Order]")
Payment of Higher Tax Rate of Interest under Commercial Expediency Cannot Attracts any Disallowance u/s. 40A(2) of Income Tax Act: ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the payment of a higher tax rate of interest under commercial expediency cannot attract any kind of disallowance defined...
![Payment of Higher Tax Rate of Interest under Commercial Expediency Cannot Attracts any Disallowance u/s. 40A(2) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Payment-Higher-Tax-Rate-Interest-Commercial-Expediency-Attracts-Disallowance-Income-Tax-Act-ITAT-TAXSCAN.jpg "Payment of Higher Tax Rate of Interest under Commercial Expediency Cannot Attracts any Disallowance u/s. 40A(2) of Income Tax Act: ITAT [Read Order]")
Disallowance of Income Tax Addition made on Ground of Unexplained Cash Deposits: ITAT Sets Aside Exparte Order [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) disallowed the addition made on income tax return on the ground that the cash deposits are unexplained and hence set aside the exparte decree...
![Disallowance of Income Tax Addition made on Ground of Unexplained Cash Deposits: ITAT Sets Aside Exparte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Disallowance-Income-Tax-Ground-Unexplained-Cash-Deposits-ITAT-Exparte-TAXSCAN.jpg "Disallowance of Income Tax Addition made on Ground of Unexplained Cash Deposits: ITAT Sets Aside Exparte Order [Read Order]")
Failure to call for Mandate DVO report under Income Tax Act: ITAT sets aside order Discrediting Valuation Report of Assessee without Substantial Reason [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) set aside the order discrediting the valuation report of the assessee without substantial reason where there is a failure to call for the...
![Failure to call for Mandate DVO report under Income Tax Act: ITAT sets aside order Discrediting Valuation Report of Assessee without Substantial Reason [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Failure-call-Mandate-DVO-report-Income-Tax-Act-ITAT-order-Discrediting-Valuation-Report-Assessee-Substantial-Reason-TAXSCAN.jpg "Failure to call for Mandate DVO report under Income Tax Act: ITAT sets aside order Discrediting Valuation Report of Assessee without Substantial Reason [Read Order]")
No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the addition made by the Assessing Officer (AO) in the absence of any incriminating material found during the search operation...
![No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Income-Tax-Addition-Without-Incriminating-Materials-Unearthed-Search-Seizure-ITAT-TAXSCAN.jpg "No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]")
Disallowance of Club Expenses on ground of Use of Expenses for Personal Benefit of Directors: ITAT Directs Re-adjudication [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the disallowance made on club expenses due to the use of expenses for the personal...
![Disallowance of Club Expenses on ground of Use of Expenses for Personal Benefit of Directors: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Disallowance-Club-Expenses-ground-Use-Expenses-Personal-Benefit-Directors-ITAT-Re-adjudication-TAXSCAN.jpg "Disallowance of Club Expenses on ground of Use of Expenses for Personal Benefit of Directors: ITAT Directs Re-adjudication [Read Order]")