![Issuance of Manual Final Assessment Order without DIN: ITAT quashes Income Tax Scrutiny Assessment u/s 143(3) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Issuance-of-Manual-Final-Assessment-Order-Assessment-Order-DIN-ITAT-quashes-Income-Tax-Scrutiny-Assessment-Income-Tax-Scrutiny-Assessment-Income-Tax-Taxscan.jpg "Issuance of Manual Final Assessment Order without DIN: ITAT quashes Income Tax Scrutiny Assessment u/s 143(3) [Read Order]")
Issuance of Manual Final Assessment Order without DIN: ITAT quashes Income Tax Scrutiny Assessment u/s 143(3) [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has quashed the Income Tax Scrutiny Assessment under section 143(3) due to the issuance...
![Force of Attraction Rule will not Apply, Unless There is Even a Remote Link Between Activities of Other Projects with PE in Question: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Force-of-Attraction-Rule-will-not-Apply-Force-of-Attraction-Rule-Remote-Link-Remote-Link-Between-Activities-of-Other-Projects-PE-ITAT-Taxscan.jpg "Force of Attraction Rule will not Apply, Unless There is Even a Remote Link Between Activities of Other Projects with PE in Question: ITAT [Read Order]")
![ITAT deletes Addition against ESPN Star Sports [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/ITAT-ESPN-Star-Sports-Star-Sports-Income-Tax-Tax-Taxscan.jpg "ITAT deletes Addition against ESPN Star Sports [Read Order]")
![Microsoft Regional Sales cannot be Taxed Instead of Mol: ITAT says “Such Flip Flop Cannot Be Legally Supported” [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Microsoft-Regional-Sales-Mol-ITAT-Flip-Flop-Legally-Supported-Tax-Income-Income-Tax-taxscan.jpg "Microsoft Regional Sales cannot be Taxed Instead of Mol: ITAT says “Such Flip Flop Cannot Be Legally Supported” [Read Order]")
![Incentive under Rajasthan Investment Promotion Scheme 2010 is Capital Receipt, Not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Incentive-Rajasthan-Investment-Promotion-Scheme-2010-Capital-Receipt-ITAT-Income-Tax-Investment-Promotion-Scheme-Rajasthan-Investment-Promotion-Scheme-taxscan-.jpg "Incentive under Rajasthan Investment Promotion Scheme 2010 is Capital Receipt, Not Taxable: ITAT [Read Order]")
LIBOR cannot always be rate at which Intra-Bank Transactions take place: ITAT deletes ALP Adjustment [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench deleted Arm Length Price (ALP) adjustment as London Inter-Bank Offered Rate (LIBOR) cannot always be rate at which intra-bank transactions take...
![LIBOR cannot always be rate at which Intra-Bank Transactions take place: ITAT deletes ALP Adjustment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/LIBOR-rate-at-which-Intra-Bank-Transactions-take-place-ITAT-deletes-ALP-Adjustment-TAXSCAN.jpg "LIBOR cannot always be rate at which Intra-Bank Transactions take place: ITAT deletes ALP Adjustment [Read Order]")
Forex Fluctuations Export/Imports can be treated as Operating Cost: ITAT grants Relief to Dana India Ltd [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench, constituted of the Vice President of ITAT, Pune alongside being an Accountant Member Ravinder Singh Syal, and a Judicial Member Partha Sarathy...
![Forex Fluctuations Export/Imports can be treated as Operating Cost: ITAT grants Relief to Dana India Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Forex-Fluctuations-Export-Imports-Operating-Cost-ITAT-Dana-India-Ltd-Income-Tax-taxscan-.jpg "Forex Fluctuations Export/Imports can be treated as Operating Cost: ITAT grants Relief to Dana India Ltd [Read Order]")
Profits from Transport of Air Passengers to be taxed in Contracting State as per Indo Bhutan DTAA: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ), held that Profits from transport of air passengers to be taxed in contracting state as per Indo Bhutan Double Taxation Avoidance...
![Profits from Transport of Air Passengers to be taxed in Contracting State as per Indo Bhutan DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Profits-Transport-Air-Passengers-Profits-from-Transport-of-Air-Passengers-taxed-DTAA-Indo-Bhutan-DTAA-ITAT-taxscan.jpg "Profits from Transport of Air Passengers to be taxed in Contracting State as per Indo Bhutan DTAA: ITAT [Read Order]")
Sale Consideration of Software Products not Taxable as Royalty under Article 12 of India-Singapore DTAA: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, while deciding an appeal filed before it, held that sale consideration of software products is not taxable as royalty under...
Due intimation given on Amalgamation of Company: ITAT treats Assessment Order as null and void [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore treated assessment order as null as due intimation was given on amalgamation of company by the assessee, M/s. Biocon Biologics Limited. The...
![Due intimation given on Amalgamation of Company: ITAT treats Assessment Order as null and void [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Amalgamation-ITAT-Assessment-Order-void-taxscan.jpg "Due intimation given on Amalgamation of Company: ITAT treats Assessment Order as null and void [Read Order]")
Profit Attribution not required since Indian AE is remunerated at Arm's Length Price: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that when the Indian A.E. is remunerated at arm's length price no further profit attribution is required under the provisions of the...
![Profit Attribution not required since Indian AE is remunerated at Arms Length Price: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Profit-Indian-AE-Arms-Length-Price-ITAT-taxscan.jpeg "Profit Attribution not required since Indian AE is remunerated at Arms Length Price: ITAT [Read Order]")
