![ITAT Deletes Addition as Amount Was Already Declared as Business Income and No Evidence of Money Laundering [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Money-Laundering.jpg "ITAT Deletes Addition as Amount Was Already Declared as Business Income and No Evidence of Money Laundering [Read Order]")
ITAT Deletes Addition as Amount Was Already Declared as Business Income and No Evidence of Money Laundering [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition made under Section 68 of the Income Tax Act, 1961, holding that the...
![Double Taxation and Procedural Lapses: ITAT Quashes Addition of ₹62 Lakhs as Unexplained Cash [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Double-Taxation-Procedural-Lapses-Unexplained-Cash-taxscan.jpg "Double Taxation and Procedural Lapses: ITAT Quashes Addition of ₹62 Lakhs as Unexplained Cash [Read Order]")
![Demanding Tax which has already been paid by Service Recipient would lead to Double Taxation: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Demanding-Tax-Double-Taxation-Service-Recipient-Lead-to-Double-Taxation-taxscan.jpg "Demanding Tax which has already been paid by Service Recipient would lead to Double Taxation: CESTAT [Read Order]")
![Unlocking GST: ITC on Mobile Phones for Business Purposes [Find Draft Reply Format Here]](https://www.taxscan.in/wp-content/uploads/2024/10/GST-ITC-on-Mobile-Phones-ITC-Goods-and-Service-Tax-Input-Tax-Credit-Draft-Reply-Format-taxscan.jpg "Unlocking GST: ITC on Mobile Phones for Business Purposes [Find Draft Reply Format Here]")
“Treating Cash Deposits from ‘Business Income’ as ‘Unexplained’ Results in Double Taxation”: ITAT Quashes S.69A Addition under Income Tax [Read Order]
Recently in a decision, the Income Tax Appellate Tribunal ( ITAT ) of Bangalore, quashed an addition made under Section 69A of the Income Tax Act 1961 ( ITA ) holding that treating cash deposits from...
![“Treating Cash Deposits from ‘Business Income’ as ‘Unexplained’ Results in Double Taxation”: ITAT Quashes S.69A Addition under Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Bangalore-Income-Tax-Business-Income-Cash-deposit-Double-Taxation-taxscan.jpg "“Treating Cash Deposits from ‘Business Income’ as ‘Unexplained’ Results in Double Taxation”: ITAT Quashes S.69A Addition under Income Tax [Read Order]")
Payments subjected to Service Tax cannot be Recharacterized as Sale of Goods to Levy VAT or Sales Tax: Allahabad HC [Read Order]
In a significant ruling a Single Bench of the Allahabad High Court held that the payments subjected to service tax cannot be recharacterized as sale of goods to levy value added tax ( VAT ) or sales...
![Payments subjected to Service Tax cannot be Recharacterized as Sale of Goods to Levy VAT or Sales Tax: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Payments-Service-Tax-Recharacterized-Sale-of-Goods-Levy-VAT-Sales-Tax-Allahabad-HC-taxscan.jpg "Payments subjected to Service Tax cannot be Recharacterized as Sale of Goods to Levy VAT or Sales Tax: Allahabad HC [Read Order]")
Non-Production of Original Tax Invoice from Registered Dealer and Reversal of ITC by VAT Dept not amounts to Double Taxation: Madras HC [Read Order]
In a significant ruling the Madras High Court observed that the non-production of original tax invoice from registered dealer and reversal of input tax credit ( ITC ) by the Value Added Tax ( VAT )...
![Non-Production of Original Tax Invoice from Registered Dealer and Reversal of ITC by VAT Dept not amounts to Double Taxation: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Madras-High-Court-Original-Tax-Invoice-Input-Tax-Credit-Value-Added-Tax-Department-Double-Taxation-taxscan.jpg "Non-Production of Original Tax Invoice from Registered Dealer and Reversal of ITC by VAT Dept not amounts to Double Taxation: Madras HC [Read Order]")
Addition of Rental Income under "Income from Other Sources" Invalid as already declared under "Income from House Property": ITAT Strikes Down Double Taxation [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench has invalidated the addition of rental income under the head "Income from Other Sources" wherein the assessee has already offered the same...
![Addition of Rental Income under Income from Other Sources Invalid as already declared under Income from House Property: ITAT Strikes Down Double Taxation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Invalid-as-already-declared-under-Income-from-House-Property-ITAT-Strikes-Down-Double-Taxation-TAXSCAN.jpg "Addition of Rental Income under Income from Other Sources Invalid as already declared under Income from House Property: ITAT Strikes Down Double Taxation [Read Order]")
TDS Demand on Amount Already Paid Tax Leads to Double Taxation: ITAT deletes Demand u/s 201(1) and 201(1A) of IT Act [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) deleted the demand of Tax deducted at source (TDS) on the amount already paid tax under sections 201(1) and 201(1A) of the Income Tax...
![TDS Demand on Amount Already Paid Tax Leads to Double Taxation: ITAT deletes Demand u/s 201(1) and 201(1A) of IT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/TDS-Demand-TDS-Paid-Tax-Leads-to-Double-Taxation-Paid-Tax-Double-Taxation-Taxation-ITAT-deletes-Demand-ITAT-Demand-IT-Act-Taxscan.jpg "TDS Demand on Amount Already Paid Tax Leads to Double Taxation: ITAT deletes Demand u/s 201(1) and 201(1A) of IT Act [Read Order]")
Change in Method of Treating Income would lead to Double Taxation if the Sales Consideration amount was Taxed once: ITAT [Read Order]
The Rajkot bench of the Income Tax Appellate Tribunal ( ITAT ) has held that a change in the method of treating income would lead to double taxation if the sales consideration amount was taxed once. ...
![Change in Method of Treating Income would lead to Double Taxation if the Sales Consideration amount was Taxed once: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/double-taxation-sales-consideration-amount-ITAT-taxscan.jpeg "Change in Method of Treating Income would lead to Double Taxation if the Sales Consideration amount was Taxed once: ITAT [Read Order]")