![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]")
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...
![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]")
![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]")
![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) can't be invoked: ITAT [Read Order]
The Chennai Bench Income Tax Appellate Tribunal (ITAT) held that completion of assessment in the hand of the company is enough to prove the expense incurred for business and section 2(22) e cannot be...
![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 Party's Legal Interpretation: Calcutta High Court [Read Order]
The Calcutta High court has on Friday, while allowing appeal filed before it, held that there cannot be a reopening of assessment based on the audit party’s legal interpretation. The above said...
![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]")