![Mere Disallowance of Claim u/s 54F will not attract Penalty u/s 271(1)(c): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Disallowance-Claim-AttractPenalty-ITAT-taxscan.jpeg "Mere Disallowance of Claim u/s 54F will not attract Penalty u/s 271(1)(c): ITAT [Read Order]")
Mere Disallowance of Claim u/s 54F will not attract Penalty u/s 271(1)(c): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad Bench has held that mere disallowance of the claim under section 54F will not attract a penalty...
![Social Welfare Expenses incurred at Workplace and nearby Villages are allowable Deduction u/s 37(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Social-Welfare-Expenses-Workplace-Villages-Deduction-ITAT-Taxscan.jpeg "Social Welfare Expenses incurred at Workplace and nearby Villages are allowable Deduction u/s 37(1): ITAT [Read Order]")
![Disallowance u/s.40A (3) cannot be made in intimation u/s.143(1) of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Disallowance-Act-ITAT-taxscan.jpeg "Disallowance u/s.40A (3) cannot be made in intimation u/s.143(1) of the Income Tax Act: ITAT [Read Order]")
![ITAT deletes Disallowance made by AO on alleged delay in Payment towards Employee’s contribution to PF u/s36(1) (va) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-disallowance-AO-employees-contribution-PF-taxscan.jpg "ITAT deletes Disallowance made by AO on alleged delay in Payment towards Employee’s contribution to PF u/s36(1) (va) [Read Order]")
![Disallowance u/s 40(a)(ia) cannot be made when established that payee has offered Income on Interest payment made by Appellant: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Disallowance-payee-income-interest-payment-appellant-ITAT-taxscan.jpg "Disallowance u/s 40(a)(ia) cannot be made when established that payee has offered Income on Interest payment made by Appellant: ITAT [Read Order]")
![Service Tax is not payable until consideration is received: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Service-Tax-payable-ITAT-Taxscan.jpeg "Service Tax is not payable until consideration is received: ITAT [Read Order]")
ITAT allows Appeal against Imposing Penalty u/s 271(1)(c) without Specifying Reason for Imposing Penalty [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal has allows appeal against imposing penalty u/s 271(1)(c) without specifying the reason for imposing penalty. The appellant, Bhikhabhai Ambalal...
![ITAT allows Appeal against Imposing Penalty u/s 271(1)(c) without Specifying Reason for Imposing Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/ITAT-Appeal-Imposing-Penalty-Taxscan.jpeg "ITAT allows Appeal against Imposing Penalty u/s 271(1)(c) without Specifying Reason for Imposing Penalty [Read Order]")
Law does not mandate Written Agreement to Prove Commission Expenses: ITAT deletes Disallowance [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi bench, while deleting an order disallowing expenses, has held that there is no law that mandates a written agreement to prove the commission expenses...
![Law does not mandate Written Agreement to Prove Commission Expenses: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Law-Written-Agreement-Expenses-ITAT-Disallowance-taxscan.jpeg "Law does not mandate Written Agreement to Prove Commission Expenses: ITAT deletes Disallowance [Read Order]")
Goods Transport Business cannot Prove veracity of Expenses with Documents: ITAT deletes Disallowance [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has deleted disallowance and holds that in goods transport business it is not always possible to show veracity of expenses completely. ...
![Goods Transport Business cannot Prove veracity of Expenses with Documents: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-disallowance-goods-transport-business-veracity-of-expenses-Taxscan.jpeg "Goods Transport Business cannot Prove veracity of Expenses with Documents: ITAT deletes Disallowance [Read Order]")
Disallowance is Calculated based on Average Value of Share, Exempt Income earned as per Rule 8D(2)(iii): ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that as per rule 8D(2)(iii), the disallowance under 14A needs to calculate based on the average value of the share by exempt income...
![Disallowance is Calculated based on Average Value of Share, Exempt Income earned as per Rule 8D(2)(iii): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Disallowance-average-value-share-exempt-income-ITAT-Taxscan.jpeg "Disallowance is Calculated based on Average Value of Share, Exempt Income earned as per Rule 8D(2)(iii): ITAT [Read Order]")
Disallowance can’t be made on Payment to PF and ESI before due date u/s 139(1): ITAT [Read Order]
The Amritsar bench of Income Tax Appellate Tribunal (ITAT) consisting of Dr. M L Meena, AM, and Shri Anikesh Banerjee, JM has held that disallowance can’t be made on payment to PF and ESI before the...
![Disallowance can’t be made on Payment to PF and ESI before due date u/s 139(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Disallowance-payment-PF-and-ESI-ITAT-Taxscan.jpg "Disallowance can’t be made on Payment to PF and ESI before due date u/s 139(1): ITAT [Read Order]")
Disallowance u/s 40(a)(ia) is not applicable When the Recipient has included Receipt in their Income: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that the disallowance u/s 40 (a) (ia) of the Income Tax Act is not applicable when the recipient included the receipt in their...
![Disallowance u/s 40(a)(ia) is not applicable When the Recipient has included Receipt in their Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Disallowance-recipient-receipt-Income-ITAT-Taxscan.jpeg "Disallowance u/s 40(a)(ia) is not applicable When the Recipient has included Receipt in their Income: ITAT [Read Order]")