![Mere initiation of Penalty proceedings cannot be challenged unless formal order has been passed: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mere-initiation-Penalty-proceedings-challenged-unless-formal-order-passed-ITAT-dismisses-Appeal-TAXSCAN.jpg "Mere initiation of Penalty proceedings cannot be challenged unless formal order has been passed: ITAT dismisses Appeal [Read Order]")
Mere initiation of Penalty proceedings cannot be challenged unless formal order has been passed: ITAT dismisses Appeal [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that mere initiation of penalty proceedings cannot be challenged unless the formal...
![Service Tax Leviable on Legal and Professional Charges under BAS: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Service-Tax-Leviable-Legal-Professional-Charges-BAS-CESTAT-TAXSCAN.jpg "Service Tax Leviable on Legal and Professional Charges under BAS: CESTAT [Read Order]")
![ITAT sets aside Assessment Order passed without giving Opportunity to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Assessment-passed-without-Opportunity-Assessee-TAXSCAN.jpg "ITAT sets aside Assessment Order passed without giving Opportunity to Assessee [Read Order]")
![Addition made by AO Without Considering Section 55A of Income Tax Act: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Addition-AO-Income-Tax-Act-ITAT-Re-adjudication-TAXSCAN.jpg "Addition made by AO Without Considering Section 55A of Income Tax Act: ITAT Directs Re-adjudication [Read Order]")
![No Revisional order can be Framed u/s 263 of Income Tax Act by CIT(A) in the Name of a Non-Exsiting Entity: ITAT Quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Revisional-order-Income-Tax-Act-CITA-Non-Exsiting-Entity-ITAT-TAXSCAN.jpg "No Revisional order can be Framed u/s 263 of Income Tax Act by CIT(A) in the Name of a Non-Exsiting Entity: ITAT Quashes Order [Read Order]")
ITAT Upholds Deletion of Disallowance made by AO on ground of Incurred Expenditure as Revenue Expenditure of Business [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) upheld the deletion of disallowance made by the assessing officer on the ground of incurred expenses as the revenue expenditure of the...
![ITAT Upholds Deletion of Disallowance made by AO on ground of Incurred Expenditure as Revenue Expenditure of Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Deletion-Disallowance-AO-Incurred-Expenditure-Revenue-Expenditure-Business-TAXSCAN.jpg "ITAT Upholds Deletion of Disallowance made by AO on ground of Incurred Expenditure as Revenue Expenditure of Business [Read Order]")
ITAT deletes Addition made on Cash out of Income leaving aside Amount of Huge Cash Withdrawals from SBI to UCO Bank [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted the additions made on the cash out of income leaving aside the amount of huge cash withdrawals from State Bank of India to...
![ITAT deletes Addition made on Cash out of Income leaving aside Amount of Huge Cash Withdrawals from SBI to UCO Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Addition-Cash-Income-Amount-Huge-Cash-Withdrawals-SBI-UCO-Bank-TAXSCAN.jpg "ITAT deletes Addition made on Cash out of Income leaving aside Amount of Huge Cash Withdrawals from SBI to UCO Bank [Read Order]")
Assessing Officer Cannot Withdraw or Modify or Substitute Assessment Order Passed u/s 143(3) with another Assessment Order: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the Assessing Officer (AO) could not withdraw or modify or substitute assessment order passed under Section 143(3) of the Income...
![Assessing Officer Cannot Withdraw or Modify or Substitute Assessment Order Passed u/s 143(3) with another Assessment Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessing-Officer-Cannot-Withdraw-Modify-Substitute-Assessment-Order-Passed-another-Assessment-Order-ITAT-TAXSCAN.jpg "Assessing Officer Cannot Withdraw or Modify or Substitute Assessment Order Passed u/s 143(3) with another Assessment Order: ITAT [Read Order]")
The Term ‘Used for the Purposes of Business’ Include Asset Which Kept Ready for Use but Actually not Put to Use: ITAT Allows Depreciation u/s 32 of Income Tax Act [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has allowed depreciation claims under Section 32 of the Income Tax Act, 1961 holding that the term used for the Purpose of business would...
![The Term ‘Used for the Purposes of Business’ Include Asset Which Kept Ready for Use but Actually not Put to Use: ITAT Allows Depreciation u/s 32 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/The-Term-Used-for-the-Purposes-Business-Include-Asset-Which-Kept-Ready-for-Use-but-Actually-not-Put-Use-ITAT-Allows-Depreciation-Income-Tax-Act-TAXSCAN.jpg "The Term ‘Used for the Purposes of Business’ Include Asset Which Kept Ready for Use but Actually not Put to Use: ITAT Allows Depreciation u/s 32 of Income Tax Act [Read Order]")
ITAT quashes Time Barred Reassessment Notice Issued u/s 148 of Income Tax Act based on Information from Investigation Wing regarding Bogus Expense
The Delhi bench of Income Tax Appellate Tribunal (ITAT) has quashed a time barred reassessment notice issued under Section 148 of Income Tax Act 1961 based on information from investigation wing...
CIT(A)’s Direction to take Appropriate action on Tax Perquisites u/s. 17 of Income Tax Act exceeds exceeds Jurisdiction confer by S.251: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) held that the direction by Commissioner of Income Tax (Appeals) [CIT(A)] to take appropriate action on tax perquisites under Section 17 of the...
![CIT(A)’s Direction to take Appropriate action on Tax Perquisites u/s. 17 of Income Tax Act exceeds exceeds Jurisdiction confer by S.251: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/CITAs-Direction-take-Appropriate-action-Tax-Income-Tax-Act-exceeds-Jurisdiction-confer-ITAT-TAXSCAN.jpg "CIT(A)’s Direction to take Appropriate action on Tax Perquisites u/s. 17 of Income Tax Act exceeds exceeds Jurisdiction confer by S.251: ITAT [Read Order]")
No TDS on Cost paid to Holding Company on Reimbursement of Mobilisation and Demobilisation: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that Tax Deducted at Source (TDS) would not be applicable on cost paid to holding companies on reimbursement of mobilisation and...
![No TDS on Cost paid to Holding Company on Reimbursement of Mobilisation and Demobilisation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-TDS-on-Cost-paid-Holding-Company-on-Reimbursement-Mobilisation-and-Demobilisation-ITAT-TAXSCAN.jpg "No TDS on Cost paid to Holding Company on Reimbursement of Mobilisation and Demobilisation: ITAT [Read Order]")