![CBDT extends deadline for filing of modified Income Tax Return in Form ITR-A by a Successor Company [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-Income-Tax-Return-Form-ITR-A-taxscan.jpg "CBDT extends deadline for filing of modified Income Tax Return in Form ITR-A by a Successor Company [Read Circular]")
CBDT extends deadline for filing of modified Income Tax Return in Form ITR-A by a Successor Company [Read Circular]
The Central Board of Direct Taxes ( CBDT ) has extended the deadline for filing modified Income Tax Returns in Form ITR-A by a successor company u/s...
![Insurance Premium paid which wasn’t claimed Deduction u/s 80C cant be taxed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Insurance-Premium-Insurance-Premium-claimed-deduction-us-80C-Insurance-Premium-cannot-be-taxed-ITAT.jpg "Insurance Premium paid which wasn’t claimed Deduction u/s 80C cant be taxed: ITAT [Read Order]")
![Completion of Assessment in Hand of Company enough to prove Expense incurred for Business, Section 2(22)(e) cant be invoked: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Completion-of-assessment-expense-incurred-for-business-Section-222e-ITAT-Taxscan.jpg "Completion of Assessment in Hand of Company enough to prove Expense incurred for Business, Section 2(22)(e) cant be invoked: ITAT [Read Order]")
![No Reopening of Assessment based on Audit Partys Legal Interpretation: Calcutta High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Reopening-Of-Assessment-Audit-Partys-Legal-Interpretation-Legal-Interpretation-Calcutta-High-Court-Taxscan.jpg "No Reopening of Assessment based on Audit Partys Legal Interpretation: Calcutta High Court [Read Order]")
Failure to file valid Income Tax Return or revised Return: ITAT disallows claim u/s 801A [Read Order]
The Income Tax Appellate Tribunal (ITAT), Rajkot bench disallowed the claim under Section 801 A of the Income Tax Act, 1961 on the ground that there was a failure to file valid Income Tax Returns or...
![Failure to file valid Income Tax Return or revised Return: ITAT disallows claim u/s 801A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/return-of-income-revised-return-of-income-ITAT-taxscan.jpg "Failure to file valid Income Tax Return or revised Return: ITAT disallows claim u/s 801A [Read Order]")
![Companies having Unspent CSR Account to form a CSR Committee: MCA Amends Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/09/CSR-Account-CSR-Committee-MCA-Amends-Rules-taxscasn.jpg "Companies having Unspent CSR Account to form a CSR Committee: MCA Amends Rules [Read Notification]")
![ITAT allows Additional Depreciation claimed for Windmill u/s 32(1)(iia) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-additional-depreciation-claim-windmill-taxscan.jpg "ITAT allows Additional Depreciation claimed for Windmill u/s 32(1)(iia) [Read Order]")
AO has No Jurisdiction to issue notice u/s 148 without recording valid satisfaction: Allahabad HC [Read Order]
A Division Bench of the High Court of Allahabad held that Assessing Officer (AO) has no jurisdiction to issue notice under Section 148 of Income Tax Act, 1961 without recording valid satisfaction. ...
![AO has No Jurisdiction to issue notice u/s 148 without recording valid satisfaction: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/AO-jurisdiction-Allahabad-HC-taxscan.jpeg "AO has No Jurisdiction to issue notice u/s 148 without recording valid satisfaction: Allahabad HC [Read Order]")
Capital Gain can't be Taxed when actual possession of Property is not Transferred as per the Agreement: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that capital gain can’t be taxed when actual possession of the property is not transferred as per the agreement The assessee,...
![Capital Gain cant be Taxed when actual possession of Property is not Transferred as per the Agreement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Capital-gain-possession-of-the-property-agreement-ITAT-taxscan.jpg "Capital Gain cant be Taxed when actual possession of Property is not Transferred as per the Agreement: ITAT [Read Order]")
ITAT allows Capital Gain Exemption u/s 54B on Sale of Agricultural Land even if Land is cultivated for some days during Relevant Years [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench,comprising of Shri Inturi Rama Rao, AM and Shri S S Viswanethra Ravi, JM has allowed exemption u/s 54B of the Income Tax Act,1961 on the sale of...
![ITAT allows Capital Gain Exemption u/s 54B on Sale of Agricultural Land even if Land is cultivated for some days during Relevant Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-agricultural-land-taxscan.jpg "ITAT allows Capital Gain Exemption u/s 54B on Sale of Agricultural Land even if Land is cultivated for some days during Relevant Years [Read Order]")
ITAT quashes Levy of Penalty u/s 271(1)(c) without mentioning Specific Charge in the Notice issued u/s 274 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench presided by Mr. Challa Nagendra Prasad, Judicial Member has quashed levy of penalty under section 271(1)(c) without mentioning specific charge in...
![ITAT quashes Levy of Penalty u/s 271(1)(c) without mentioning Specific Charge in the Notice issued u/s 274 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Penalty-Notice-taxscan.jpeg "ITAT quashes Levy of Penalty u/s 271(1)(c) without mentioning Specific Charge in the Notice issued u/s 274 [Read Order]")