Income Tax Act
![Failure to Adhere to Mandatory Requirement of Section 144C(1) of Income Tax Act results in Invalidation of Final Assessment Order: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Failure-Mandatory-Requirement-Income-Tax-Act-Failure-to-Adhere-to-Mandatory-Requirement-delhi-hc-taxscan.jpg "Failure to Adhere to Mandatory Requirement of Section 144C(1) of Income Tax Act results in Invalidation of Final Assessment Order: Delhi HC [Read Order]")
Failure to Adhere to Mandatory Requirement of Section 144C(1) of Income Tax Act results in Invalidation of Final Assessment Order: Delhi HC [Read Order]
The Delhi High Court recently observed that the failure to adhere to mandatory requirement of Section 144C(1) of the Income Tax Act, 1961 results in...
![Failure to prove Creditworthiness of Creditor and Genuineness of Transaction: ITAT confirms Addition u/s 60 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Creditworthiness-of-Creditor-Genuineness-of-Transaction-ITAT-Income-Tax-Act-taxscan.jpg "Failure to prove Creditworthiness of Creditor and Genuineness of Transaction: ITAT confirms Addition u/s 60 of Income Tax Act [Read Order]")
![Commissioner of Income Tax empowered to condone delay for Filing Return u/s 119 (2)(b) of Income Tax Act: Kerala HC directs to CIT to Condone Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Commissioner-of-Income-Tax-Income-Tax-condone-delay-Kerala-HC-kerala-high-court-high-court-taxscan.jpg "Commissioner of Income Tax empowered to condone delay for Filing Return u/s 119 (2)(b) of Income Tax Act: Kerala HC directs to CIT to Condone Delay [Read Order]")
![Exclusion of Period taken for Handing Over Seized Material to Assessing Officer u/s 153B Clause (xi) of Income Tax Act Applicable Only after 01.04.2021: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Exclusion-of-Period-taken-for-Handing-Over-Seized-Material-to-Assessing-Officer-Income-Tax-Act-Applicable-Madras-HC-TAXSCAN-.jpg "Exclusion of Period taken for Handing Over Seized Material to Assessing Officer u/s 153B Clause (xi) of Income Tax Act Applicable Only after 01.04.2021: Madras HC [Read Order]")
![Stay Application Pending against Penalty u/s 147 of Income Tax Ac: Kerala HC stays Recovery Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Stay-Application-Pending-Penalty-Income-Tax-Act-Kerala-HC-stays-Recovery-Proceedings-TAXSCAN.jpg "Stay Application Pending against Penalty u/s 147 of Income Tax Ac: Kerala HC stays Recovery Proceedings [Read Order]")
Failure to substantiate genuineness of activities of Assessee Trust for getting Registration u/s 12A of Income Tax Act: ITAT remits matter back to CIT(E) for De-Novo Consideration [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench remitted the file of the assessee back to CIT(E) for de novo consideration due to the failure to substantiate the genuineness of the activities...
![Failure to substantiate genuineness of activities of Assessee Trust for getting Registration u/s 12A of Income Tax Act: ITAT remits matter back to CIT(E) for De-Novo Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Failure-genuineness-Failure-to-substantiate-genuineness-of-activities-of-Assessee-genuineness-of-activities-Assessee-Trust-taxscan.jpg "Failure to substantiate genuineness of activities of Assessee Trust for getting Registration u/s 12A of Income Tax Act: ITAT remits matter back to CIT(E) for De-Novo Consideration [Read Order]")
DTAAs not to be Enforced without Central Govt. Notification u/s 90 of Income Tax Act: Supreme Court in MFN Case [Read Judgement]
In the significant ruling related to Most Favoured Nation case, where appeal filed by revenue against Nestle SA, a two-judge bench of Justice Ravindra Bhat and Justice Dipankar Datta of Supreme...
![DTAAs not to be Enforced without Central Govt. Notification u/s 90 of Income Tax Act: Supreme Court in MFN Case [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/10/DTAAs-Enforced-without-Central-Govt-Notification-Income-Tax-Act-Supreme-Court-in-MFN-Case-TAXSCAN.jpg "DTAAs not to be Enforced without Central Govt. Notification u/s 90 of Income Tax Act: Supreme Court in MFN Case [Read Judgement]")
Delay in Preferring reply to Pre Assessment Notice: Kerala HC set aside Assessment order under Income Tax Act passed without considering Reply of Assessee
In a case, the Kerala High Court set aside the assessment order under the Income Tax Act, 1961 which was passed without considering the reply of the asseseee to the assessment Notice. Mallisseri...
Failure of assessee to furnish details/Documentary Evidences to establish genuiness of activities in Persuance of registration u/s 12AA of Income Tax Act: ITAT remands matter to CIT(E) [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) held that in the interest of justice one final opportunity should be provided to the assessee to file the relevant details before the...
![Failure of assessee to furnish details/Documentary Evidences to establish genuiness of activities in Persuance of registration u/s 12AA of Income Tax Act: ITAT remands matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Failure-of-assessee-to-furnish-details-or-Documentary-Evidences-establish-genuiness-of-activities-ITAT-Income-Tax-Act-Income-Tax-CITE-Failure-Documentary-Evidences-TAXSCAN.jpg "Failure of assessee to furnish details/Documentary Evidences to establish genuiness of activities in Persuance of registration u/s 12AA of Income Tax Act: ITAT remands matter to CIT(E) [Read Order]")
Deduction u/s 80IB(10) of Income Tax Act Applies to Undertaking Developing and Building Housing Projects, not to Mere Partner in a Joint Partnership Firm: ITAT [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) held that the deduction under Section 80IB(10) of the Income Tax Act,1961 can be claimed by the joint venture and not by the assessee who...
![Deduction u/s 80IB(10) of Income Tax Act Applies to Undertaking Developing and Building Housing Projects, not to Mere Partner in a Joint Partnership Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Deduction-Income-Tax-Act-Income-Tax-Building-Housing-Projects-Partnership-Firm-Firm-ITAT-taxscan.jpg "Deduction u/s 80IB(10) of Income Tax Act Applies to Undertaking Developing and Building Housing Projects, not to Mere Partner in a Joint Partnership Firm: ITAT [Read Order]")
Rejection to Claim of Exemption u/s 80G of Income Tax Act by Charitable Trust due to Failure to Respond to Notice Issued: ITAT restores matter to CIT(E) for Re-adjudication [Read Order]
The Delhi Bench of Income tax Appellate Tribunal (ITAT) held that assessee has sufficient cause in not responding to the notices issued by the Commissioner of Income Tax (Exemption) [CIT(E)], thus...
![Rejection to Claim of Exemption u/s 80G of Income Tax Act by Charitable Trust due to Failure to Respond to Notice Issued: ITAT restores matter to CIT(E) for Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Rejection-to-Claim-of-Exemption-Income-Tax-Act-by-Charitable-Trust-due-to-Failure-to-Respond-to-Notice-Issued-ITAT-Restores-Matter-to-CITE-for-Re-adjudication-TAXSCAN.jpg "Rejection to Claim of Exemption u/s 80G of Income Tax Act by Charitable Trust due to Failure to Respond to Notice Issued: ITAT restores matter to CIT(E) for Re-adjudication [Read Order]")
Receipts from providing Satellite Telecommunication Services to Indian customers are not Royalty under Indo Netherlands DTAA: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, held that receipts from providing satellite telecommunication services to Indian customers are not Royalty under India-Netherlands Double...
![Receipts from providing Satellite Telecommunication Services to Indian customers are not Royalty under Indo Netherlands DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Receipts-Satellite-Telecommunication-Services-Telecommunication-Services-Indian-customers-ITAT-taxscan-1.jpg "Receipts from providing Satellite Telecommunication Services to Indian customers are not Royalty under Indo Netherlands DTAA: ITAT [Read Order]")