Income Tax Act
![ITAT Deletes Addition u/s 69C of Income Tax Act made Solely on Basis of WhatsApp chat [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-Addition-Income-Tax-Act-WhatsApp-chat-Income-Tax-taxscan.jpeg "ITAT Deletes Addition u/s 69C of Income Tax Act made Solely on Basis of WhatsApp chat [Read Order]")
ITAT Deletes Addition u/s 69C of Income Tax Act made Solely on Basis of WhatsApp chat [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted addition under Section 69C of the Income Tax Act made solely on the basis of...
![Income by way of Statutory Contribution received from recognized Stock Exchange is eligible for exemption u/s 10 (23EC) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Income-by-way-of-Statutory-Contribution-received-from-recognized-Stock-Exchange-is-eligible-for-exemption-Income-Tax-Act-ITAT-TAXSCAN.jpg "Income by way of Statutory Contribution received from recognized Stock Exchange is eligible for exemption u/s 10 (23EC) of Income Tax Act: ITAT [Read Order]")
![Addition for Deemed Dividend u/s 2(22)(e) of Income Tax Act Can Only be Made in the Hands of Shareholder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Addition-Deemed-Dividend-Income-Tax-Act-Hands-of-Shareholder-ITAT-taxscan.jpg "Addition for Deemed Dividend u/s 2(22)(e) of Income Tax Act Can Only be Made in the Hands of Shareholder: ITAT [Read Order]")
![Freight Inward charges were part and parcel of Purchase of Goods: ITAT deletes disallowance u/s 40(a)(ia) of Income Tax Act on non deduction of TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Freight-Inward-charges-part-and-parcel-Purchase-ITAT-disallowance-Income-Tax-Act-non-deduction-TDS-taxscan.jpg "Freight Inward charges were part and parcel of Purchase of Goods: ITAT deletes disallowance u/s 40(a)(ia) of Income Tax Act on non deduction of TDS [Read Order]")
![Supreme Court Grants Interim Bail to Assessee Incarcerated in Correctional Home For Purpose of Finalizing Return under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Supreme-Court-Interim-Bail-Assessee-Incarcerated-Correctional-Home-Purpose-of-Finalizing-Return-under-Income-Tax-Act-TAXSCAN.jpg "Supreme Court Grants Interim Bail to Assessee Incarcerated in Correctional Home For Purpose of Finalizing Return under Income Tax Act [Read Order]")
Supreme Court restricts Bombay HC's Ruling on Prevailment of Time Limit of S. 153 over S. 144C of Income Tax Act as Precedent [Read Judgement]
A Two-judge bench of Justice B.V. Nagarathna and Justice Ujjal Bhuyan of Supreme Court have restricted the ruling of Bombay High Court on the prevailing time limit of Rs. 153 over Section 144C of the...
Pre-condition to Proviso (2) of Section 12A(2) of Income Tax Act not Satisfied : ITAT Denies Income Tax Exemption to Charitable Trust
The Raipur Bench of Income Tax Appellate Tribunal (ITAT) held that in absence of satisfaction of the pre-condition contemplated in the “2nd proviso” to Section 12A(2) of the Income Tax Act and...
Taking Separate Exemption for Claiming Contribution to Gratuity fund not needed as Approval Granted to Master Trust Applicable to Companies formed by Restructuring: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that taking separate exemption for claiming contribution to the gratuity fund was not needed as approval granted to master trust...
![Taking Separate Exemption for Claiming Contribution to Gratuity fund not needed as Approval Granted to Master Trust Applicable to Companies formed by Restructuring: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Taking-Separate-Exemption-Exemption-Contribution-Taking-Separate-Exemption-for-Claiming-Contribution-to-Gratuity-Gratuity-ITAT-taxscan.jpg "Taking Separate Exemption for Claiming Contribution to Gratuity fund not needed as Approval Granted to Master Trust Applicable to Companies formed by Restructuring: ITAT [Read Order]")
No provision in CETA or CEA which is akin to Section 149 of Income Tax Act: Delhi HC dismisses Appeal by Commissioner of Customs [Read Order]
The Delhi High Court dismissed the appeal by the commissioner of customs as no provision in CETA or CEA which is akin to Section 149 of the Income Tax Act, 1961. The Commissioner of Customs filed...
![No provision in CETA or CEA which is akin to Section 149 of Income Tax Act: Delhi HC dismisses Appeal by Commissioner of Customs [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-provision-CETA-CEA-akin-Income-Tax-Act-Delhi-HC-dismisses-Commissioner-of-Customs-taxscan.jpg "No provision in CETA or CEA which is akin to Section 149 of Income Tax Act: Delhi HC dismisses Appeal by Commissioner of Customs [Read Order]")
2 days time to file Response to Income Tax Notice: Delhi HC quashes Notice u/s 148A(d) of Income Tax Act [Read Order]
The Delhi High Court quashed notice issued under Section 148A(d) of the Income Tax Act, 1961 as there was only 2 days time to file response to the income tax notice. The record showed that the...
![2 days time to file Response to Income Tax Notice: Delhi HC quashes Notice u/s 148A(d) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Response-Income-Tax-Notice-Delhi-HC-time-to-file-Response-to-Income-Tax-Notice-taxscan.jpg "2 days time to file Response to Income Tax Notice: Delhi HC quashes Notice u/s 148A(d) of Income Tax Act [Read Order]")
Relief to Jaquar: ITAT Restores Matter to AO for Examination of Quantum and Fulfillment of Stipulated Conditions u/s 80 JJAA of Income Tax Act for Claim of Deduction [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that deduction under Section 80JJAA of the Income Tax Act requires examination of quantum as well as fulfillment of various condition as...
![Relief to Jaquar: ITAT Restores Matter to AO for Examination of Quantum and Fulfillment of Stipulated Conditions u/s 80 JJAA of Income Tax Act for Claim of Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-effective-Representation-Authorities-No-effective-Representation-before-lower-Authorities-ITAT-taxscan-1.jpg "Relief to Jaquar: ITAT Restores Matter to AO for Examination of Quantum and Fulfillment of Stipulated Conditions u/s 80 JJAA of Income Tax Act for Claim of Deduction [Read Order]")
Filing of Confirmation, Affidavit, Bank Statement and Marking of Personal Presence is Sufficient to Consider Genuineness of Depositors: ITAT Deletes Addition u/s 68 of Income Tax Act [Read Order]
The Jodhpur Bench of Income Tax Appellate Tribunal (ITAT) has deleted addition under Section 68 of the Income Tax Act 1961, as the filing of confirmation, affidavit, bank statement and making...
![Filing of Confirmation, Affidavit, Bank Statement and Marking of Personal Presence is Sufficient to Consider Genuineness of Depositors: ITAT Deletes Addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Filing-of-Confirmation-Affidavit-Bank-Statement-and-Marking-of-Personal-Presence-is-Sufficient-to-Consider-Genuineness-of-Depositors-ITAT-Deletes-Addition-Income-Tax-Act-TAXSCAN.jpg "Filing of Confirmation, Affidavit, Bank Statement and Marking of Personal Presence is Sufficient to Consider Genuineness of Depositors: ITAT Deletes Addition u/s 68 of Income Tax Act [Read Order]")