Year End Income Tax Compliance Alert! Complete these Before March 31, 2024
As we step into the new financial year starting from 1st April 2024, it's crucial for businesses and taxpayers to stay informed about the latest tax...
![Section 155(14) of Income Tax Act cannot limit TDS Credit if Income disclosed in ITR: ITAT allows Full Credit as per Form 26AS [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-tax-TDS-Tax-Deduction-at-Source-ITR-Form-26AS-taxscan.jpg "Section 155(14) of Income Tax Act cannot limit TDS Credit if Income disclosed in ITR: ITAT allows Full Credit as per Form 26AS [Read Order]")
![Recovery Proceeding under the Income Tax Act must be Against Deductor When fails to pay TAS to Government: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Recovery-Proceeding-Income-Tax-Act-Income-Tax-Tax-income-tax-news-tax-news-Deductor-taxscan.jpg "Recovery Proceeding under the Income Tax Act must be Against Deductor When fails to pay TAS to Government: Delhi HC [Read Order]")
![Service Tax Demand Under ‘Manpower supply Service’ by Invoking Extended Period: CESTAT Quashes Demand on ground of Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Service-Tax-Demand-Manpower-supply-Service-Extended-Period-CESTAT-Demand-Limitation-taxscan.jpg "Service Tax Demand Under ‘Manpower supply Service’ by Invoking Extended Period: CESTAT Quashes Demand on ground of Limitation [Read Order]")
SCN demanding Service Tax is not valid unless Revenue proves the Short Payment of Service Tax: CESTAT [Read Order]
The Mumbai bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that a Show Cause Notice (SCN) demanding service tax is not valid unless revenue proves the short...
![SCN demanding Service Tax is not valid unless Revenue proves the Short Payment of Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/SCN-demanding-Service-Tax-Service-Tax-SCN-Revenue-Short-Payment-of-Service-Tax-CESTAT-taxscan.jpg "SCN demanding Service Tax is not valid unless Revenue proves the Short Payment of Service Tax: CESTAT [Read Order]")
Income from Business of Renting Equipments of Residual Management not falls under House Property Income: ITAT deletes Addition [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that income from the business of renting equipment of residual management does not fall under house property income and held...
![Income from Business of Renting Equipments of Residual Management not falls under House Property Income: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Income-from-Business-Income-from-Business-of-Renting-Equipments-of-Residual-Management-Renting-Equipments-of-Residual-Management-taxscan.jpg "Income from Business of Renting Equipments of Residual Management not falls under House Property Income: ITAT deletes Addition [Read Order]")
Mismatch in contract receipts shown in P&L account and Form 26AS reconciled by Self speaking documentary evidence: ITAT deletes addition [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Mumbai Bench recently while deleting the addition made by the Assessing officer (AO) held that mismatch in contract receipts shown in profit and loss...
![Mismatch in contract receipts shown in P&L account and Form 26AS reconciled by Self speaking documentary evidence: ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mismatch-Mismatch-in-contract-receipts-contract-receipts-PL-account-taxscan.jpg "Mismatch in contract receipts shown in P&L account and Form 26AS reconciled by Self speaking documentary evidence: ITAT deletes addition [Read Order]")
Mismatch between contract receipts reflected in Form 26AS and Income Tax Return: ITAT directs Re-adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Kolkata Bench directed readjudication due to mismatch found between contract receipts reflected in form 26AS and Income Tax Return. Sandhya Agarwal, the...
![Mismatch between contract receipts reflected in Form 26AS and Income Tax Return: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mismatch-between-contract-receipts-reflected-in-Form-26AS-and-Income-Tax-Return-Mismatch-between-contract-receipts-Income-Tax-Return-Form-26AS-ITAT-directs-Re-adjudication-taxscan.jpg "Mismatch between contract receipts reflected in Form 26AS and Income Tax Return: ITAT directs Re-adjudication [Read Order]")
TDS reflected in form 26AS for assessment year shall be allowed, if ROI and TDS are correctly filed: ITAT directs AO to verify claim [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) ruled that Tax Deduction at Source in form 26AS for assessment year should be allowed, if return of income and Tax Deduction at...
![TDS reflected in form 26AS for assessment year shall be allowed, if ROI and TDS are correctly filed: ITAT directs AO to verify claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/TDS-form-26AS-assessment-year-ROI-ITAT-directs-AO-claim-taxsan.jpg "TDS reflected in form 26AS for assessment year shall be allowed, if ROI and TDS are correctly filed: ITAT directs AO to verify claim [Read Order]")
No documents In Writ Petition to Substantiate Mismatch between TDS and Form 26AS: Gauhati HC directs to seek Statutory Remedy [Read Order]
The Gauhati High Court directed to seek statutory remedy in the absence of documents in the writ petition to substantiate the mismatch between Tax Deducted at Source (TDS) and Form 26AS. It was...
