![Reimbursement of Salary based on Cost to Cost without any Profit element cannot attract TDS Liability u/s 195: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Salary-profit-element-TDS-Liability-ITAT-cost-to-cost-Reimbursement-Taxscan.jpg "Reimbursement of Salary based on Cost to Cost without any Profit element cannot attract TDS Liability u/s 195: ITAT [Read Order]")
Reimbursement of Salary based on Cost to Cost without any Profit element cannot attract TDS Liability u/s 195: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has held that Tax Deduction at Source (TDS) is not applicable to reimbursement of salary...
![Nature of Trust cannot be treated as Religious when There is No distinction between Caste, Creed, Race, or Religion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Religious-Caste-Creed-Race-Religion-ITAT-taxscan.jpg "Nature of Trust cannot be treated as Religious when There is No distinction between Caste, Creed, Race, or Religion: ITAT [Read Order]")
![Re-Assessment Proceedings without Notice u/s 148 is Invalid: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Re-Assessment-Proceedings-Notice-Calcutta-HC-taxscan.jpg "Re-Assessment Proceedings without Notice u/s 148 is Invalid: Calcutta HC [Read Order]")
![Revisional Order passed in violation of Natural Justice, hence Invalid: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Revisional-Order-Natural-Justice-Calcutta-HC-taxscan.jpg "Revisional Order passed in violation of Natural Justice, hence Invalid: Calcutta HC [Read Order]")
Calcutta HC quashes Re-Assessment for want of Sec 148A Notice: Imposes Rs. 5000 Cost on Assessee [Read Order]
The Calcutta High Court has quashed a re-assessment order on the ground of non-compliance of section 148A notice as per the Income Tax Act, 1961 and directed the petitioner Matrix Commodeal Pvt. Ltd....
![Calcutta HC quashes Re-Assessment for want of Sec 148A Notice: Imposes Rs. 5000 Cost on Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Calcutta-HC-Re-Assessment-148A-Notice-Assessee-taxscan.jpeg "Calcutta HC quashes Re-Assessment for want of Sec 148A Notice: Imposes Rs. 5000 Cost on Assessee [Read Order]")
Writ Remedy cannot be invoked in Tax Matters as IT Act provides complete machinery for Assessment / Re-assessment: Delhi HC [Read Order]
The Delhi High Court has held that the writ remedy under article 226 of the Indian Constitution cannot be invoked in tax matters as the Income Tax Act, 1961 provides a complete machinery for...
![Writ Remedy cannot be invoked in Tax Matters as IT Act provides complete machinery for Assessment / Re-assessment: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Writ-Remedy-Tax-IT-Act-Assessment-Re-assessment-Delhi-High-Court-Taxscan.jpg "Writ Remedy cannot be invoked in Tax Matters as IT Act provides complete machinery for Assessment / Re-assessment: Delhi HC [Read Order]")
![Delhi HC quashes Sec 153A Assessments on ground of non-abated Assessments [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Section-153A-of-the-Income-Tax-Act-Delhi-High-Court-S.-153A-Assessments-non-abated-Assessments-Taxscan.jpeg "Delhi HC quashes Sec 153A Assessments on ground of non-abated Assessments [Read Order]")
![Income Tax Notice challenged after 10 Months: Calcutta HC imposes Rs. 5000 on Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Income-Tax-Notice-Calcutta-HighCourt-Assessee.jpeg "Income Tax Notice challenged after 10 Months: Calcutta HC imposes Rs. 5000 on Assessee [Read Order]")
Income Tax Penalty cannot be imposed for Claim of Expenditure due to Wrong Professional Advice: ITAT
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the income tax penalty under section 271(1) of the Income Tax Act, 1961 cannot be imposed for the claim of expenditure...
Interest from FDRs made for Business Purposes and for getting Tender shall be treated as 'Business Income': ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the interest income received from the FDRs made for business purposes and for getting the tender from the Electricity Board...
![Interest from FDRs made for Business Purposes and for getting Tender shall be treated as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Interest-FDRs-Tender-Business-Income-ITAT-taxscan.jpeg "Interest from FDRs made for Business Purposes and for getting Tender shall be treated as Business Income: ITAT [Read Order]")