What is the Minimum Fee for Income Tax Appeal Filing and Assessments? Check ICAI's suggestion here
The Committee for Members in Practice (CMP) of ICAI as a part of its commitment to strengthen the Practitioners, has initiated the Revised Minimum...
![Default in Proper Communication by CA to NRI Assessee of Income Tax Notices: ITAT Condones Delay of 379 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Default-in-Proper-Communication-CA-to-NRI-Assessee-of-Income-Tax-Notices-ITAT-Condones-Delay-TAXSACN.jpg "Default in Proper Communication by CA to NRI Assessee of Income Tax Notices: ITAT Condones Delay of 379 Days [Read Order]")
![Belated Filing of TDS Return Contemplated into Levy of fee u/s 234E of Income Tax Act is not Apparent Mistake and not Subject Matter u/s 154: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Belated-Filing-of-TDS-Return-Contemplated-Income-Tax-Act-Mistake-and-not-Subject-Matter-ITAT-TAXSCAN.jpg "Belated Filing of TDS Return Contemplated into Levy of fee u/s 234E of Income Tax Act is not Apparent Mistake and not Subject Matter u/s 154: ITAT [Read Order]")
![Gujarat HC quashes prosecution under Income tax Act on Undisclosed Income in absence of a willful attempt to Evade Tax, Penalty or Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Gujarat-HC-Income-tax-Act-Income-evade-tax-Penalty-Interest-TAXSCAN.jpg "Gujarat HC quashes prosecution under Income tax Act on Undisclosed Income in absence of a willful attempt to Evade Tax, Penalty or Interest [Read Order]")
![Bombay HC deletes addition on Interest Expenditure on availability of Interest-Free Surplus Fund to make Investment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Bombay-HC-Interest-Expenditure-Interest-Free-Surplus-Fund-Investment-TAXSCAN.jpg "Bombay HC deletes addition on Interest Expenditure on availability of Interest-Free Surplus Fund to make Investment [Read Order]")
Income Tax Department's Delay to comply with Assessee's Refund Request: Bombay HC Directs to Issue Additional Refund [Read Order]
On delay of the Income Tax department's to comply with the assessee's refund request, the Bombay High Court ( HC ) directed to issue an additional refund. The petition was filed by the legal heir...
![Income Tax Departments Delay to comply with Assessees Refund Request: Bombay HC Directs to Issue Additional Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Department-Delay-Assessee-Refund-Bombay-High-Court-Additional-Refund-Taxscan.jpg "Income Tax Departments Delay to comply with Assessees Refund Request: Bombay HC Directs to Issue Additional Refund [Read Order]")
Tax Effect below Monetary Limit prescribed by CBDT and absence of Audit Objection: Jharkhand HC dismisses Appeal holding not Maintainable [Read Order]
The Jharkhand High Court dismissed appeal filed by the Revenue holding not maintainable on the ground that the tax effect below monetary limit prescribed by Central Board of Direct Taxes (CBDT) and...
Advertisement Expenses Not Allowable without Valid Agreement for Transfer of Dealership: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai, has recently, in an appeal filed before it, held that advertisement expenses are not allowable without a valid agreement for the transfer of the...
![Advertisement Expenses Not Allowable without Valid Agreement for Transfer of Dealership: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Advertisement-Expenses-Deduction-ITAT-taxscan.jpg "Advertisement Expenses Not Allowable without Valid Agreement for Transfer of Dealership: ITAT [Read Order]")
Income Tax Dept cannot Avail Extended Time Limit for Re-Assessment without New or Tangible Material: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held the income tax department cannot avail the extended time limit for re-assessment under the Income Tax Act, 1961 without new or...
![Income Tax Dept cannot Avail Extended Time Limit for Re-Assessment without New or Tangible Material: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Dept-income-tax-Extended-Time-Re-Assessment-Tangible-Material-ITAT-Taxscan.jpg "Income Tax Dept cannot Avail Extended Time Limit for Re-Assessment without New or Tangible Material: ITAT [Read Order]")
No Liability u/s 201 When Payment of Rent and Common area maintenance charges have been made to distinct companies: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that liability under section 201 of the Income Tax Act,1961 will not arise when payment of rent and common area maintenance...
![No Liability u/s 201 When Payment of Rent and Common area maintenance charges have been made to distinct companies: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/payment-of-rent-and-common-area-maintenance-charges-hcompanies-ITAT-TAXSCAN.jpg "No Liability u/s 201 When Payment of Rent and Common area maintenance charges have been made to distinct companies: ITAT [Read Order]")
Income from Sale of Land held as Stock in Trade taxable under Business Income When Expenses incurred shown under WIP: ITAT [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT), held that income from Sale of land held as stock in trade taxable under business income when expenses incurred shown under Work In...
![Income from Sale of Land held as Stock in Trade taxable under Business Income When Expenses incurred shown under WIP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-taxable-business-income-WIP-ITAT-TAXSCAN.jpg "Income from Sale of Land held as Stock in Trade taxable under Business Income When Expenses incurred shown under WIP: ITAT [Read Order]")
Relief to Mahindra and Mahindra: ITAT directs AO to delete Disallowance made u/s 40(a)(ia) of Income Tax Act [Read Order]
In a major relief to Mahindra & Mahindra Ltd, the appellant, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), directed the Assessing Officer (AO) to delete disallowance made under...
![Relief to Mahindra and Mahindra: ITAT directs AO to delete Disallowance made u/s 40(a)(ia) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Relief-to-Mahindra-and-Mahindra-ITAT-directs-AO-to-delete-disallowance-Income-Tax-Act-TAXSCAN-1.jpg "Relief to Mahindra and Mahindra: ITAT directs AO to delete Disallowance made u/s 40(a)(ia) of Income Tax Act [Read Order]")