![Advancement of GPU cannot be interpreted as Charitable Purposes If Done as Business, No Income Tax Exemption: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/10/GPU-Income-Tax-Exemption-Supreme-Court-taxscan.jpg "Advancement of GPU cannot be interpreted as Charitable Purposes If Done as Business, No Income Tax Exemption: Supreme Court [Read Judgment]")
Advancement of GPU cannot be interpreted as 'Charitable Purposes' If Done as Business, No Income Tax Exemption: Supreme Court [Read Judgment]
The Supreme Court of India, observed that “Charitable Purposes” under Section 2(15) of the Income Tax Act, 1961 does not include advancement of...
![Relief to Toyota India: ITAT deletes Disallowance u/s 14A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Toyota-India-ITAT-Disallowance-taxscan.jpeg "Relief to Toyota India: ITAT deletes Disallowance u/s 14A [Read Order]")
![Processing Fees for Purchase of Business Assets Allowable as Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Processing-Fees-Business-Assets-Expenditure-ITAT-taxscan.jpeg "Processing Fees for Purchase of Business Assets Allowable as Expenditure: ITAT [Read Order]")
![Assumption of Jurisdiction by Assessing Authority beyond period of 4 years is not barred by Limitation in the absence of Full and True Disclosure u/s 147: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/jurisdiction-assessing-authority-Madras-HC-taxscan.jpeg "Assumption of Jurisdiction by Assessing Authority beyond period of 4 years is not barred by Limitation in the absence of Full and True Disclosure u/s 147: Madras HC [Read Order]")
![Grievance of Non-Remittance of TDS Deducted from Employees by Company cannot be Redressed through RTI: CIC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Non-Remittance-of-TDS-Deducted-from-Employees-RT-CIC-Non-Remittance-of-TDS-taxscan.jpg "Grievance of Non-Remittance of TDS Deducted from Employees by Company cannot be Redressed through RTI: CIC [Read Order]")
![Nature of Relationship with Donors Not Proved: Madras HC Confirms Addition of Bogus Gift [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Madras-HC-Bogus-Gift-taxscan.jpeg "Nature of Relationship with Donors Not Proved: Madras HC Confirms Addition of Bogus Gift [Read Order]")
Statement of Reportable Account u/s 285BA(1) does not amount to Transaction: Delhi HC sets aside Notice to Assessee [Read Order]
A Division Bench of the Delhi High Court has set aside the notice issued under Section 148A(b) of the Income Tax Act, 1961, to the petitioner-assessee, Ambika Kapur in which an impugned addition of...
![Statement of Reportable Account u/s 285BA(1) does not amount to Transaction: Delhi HC sets aside Notice to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Reportable-Account-Transaction-Delhi-HC-Notice-Assesee-taxscan.jpg "Statement of Reportable Account u/s 285BA(1) does not amount to Transaction: Delhi HC sets aside Notice to Assessee [Read Order]")
![Re-opening Notice can be issued u/s 147 in relation to Search and Seizure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Notice-Search-And-Seizure-ITAT-taxscan.jpg "Re-opening Notice can be issued u/s 147 in relation to Search and Seizure: ITAT [Read Order]")
Recovery of Share Certificate allotted to Investor Companies found at the Premises of Issuing Company is not 'Incriminating Material': Delhi HC quashes Income Tax Addition [Read Order]
A division bench of the Delhi High Court, while dismissing a bunch of appeals by the income tax department has held that the recovery of share certificate allotted to investor companies found at the...
![Recovery of Share Certificate allotted to Investor Companies found at the Premises of Issuing Company is not Incriminating Material: Delhi HC quashes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Share-Certificate-Investor-Companies-Issuing-Company-Delhi-HC-Income-Tax-Addition.jpg "Recovery of Share Certificate allotted to Investor Companies found at the Premises of Issuing Company is not Incriminating Material: Delhi HC quashes Income Tax Addition [Read Order]")
Issuance of Notice u/s 148 to Unrelated Email Address is not Proper Service of Notice: Delhi HC [Read Order]
A Division Bench of the Delhi High Court has held that, a notice issued under Section 148 of the Income Tax Act, 1961 sent to an unrelated email address does not constitute proper service of notice. ...
![Issuance of Notice u/s 148 to Unrelated Email Address is not Proper Service of Notice: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Notice-Delhi-HC-taxscan.jpeg "Issuance of Notice u/s 148 to Unrelated Email Address is not Proper Service of Notice: Delhi HC [Read Order]")