![Benefit of India UK DTAA allowable to LLP on portion of Income from Indian Engagements: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Benefit-of-India-UK-DTAA-allowable-to-LLP-on-portion-of-Income-from-Indian-Engagements-ITAT-TAXSCAN.jpg "Benefit of India UK DTAA allowable to LLP on portion of Income from Indian Engagements: ITAT [Read Order]")
Benefit of India UK DTAA allowable to LLP on portion of Income from Indian Engagements: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench held that Benefit of India UK Double Taxation Avoidance Agreement (DTAA) allowable to...
![ITAT quashes Revision Order of Pr CIT as prima facie evidence for claiming Exemption u/s 54B proved [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/ITAT-revision-order-PrCIT-evidence-taxscan.jpg "ITAT quashes Revision Order of Pr CIT as prima facie evidence for claiming Exemption u/s 54B proved [Read Order]")
![Showing less LTCG by making false claim u/s 54EC without making investment: ITAT confirms penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Showing-Less-LTCG-by-making-False-Claim-without-making-investment-ITAT-deletes-Penalty-TAXSCAN.jpg "Showing less LTCG by making false claim u/s 54EC without making investment: ITAT confirms penalty [Read Order]")
![Income Tax Return Filed after Due Date under Section 80AC: ITAT denies Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Return-Filed-after-Due-Date-under-Section-80AC-ITAT-denies-Deduction-TAXSCAN.jpg "Income Tax Return Filed after Due Date under Section 80AC: ITAT denies Deduction [Read Order]")
Business Profits earned by RGA International Reinsurance Company on Account of Reinsurance Business have No Tax Implications in India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai held that the business profits earned by the RGA International Reinsurance Company on account of the reinsurance business have no tax implications in...
![Business Profits earned by RGA International Reinsurance Company on Account of Reinsurance Business have No Tax Implications in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Business-Profits-RGA-International-Reinsurance-Company-Reinsurance-Business-Tax-Implications-ITAT-taxscan.jpg "Business Profits earned by RGA International Reinsurance Company on Account of Reinsurance Business have No Tax Implications in India: ITAT [Read Order]")
![Absence of Valid Reasons and Tangible Materials: ITAT quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Tangible-Materials-ITAT-Re-Assessment-taxscan.jpg "Absence of Valid Reasons and Tangible Materials: ITAT quashes Re-Assessment [Read Order]")
![No Claim of Expenses when amount represents Net Income of Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/No-claim-of-expenses-when-amount-represents-net-income-of-firm-ITAT-TAXSCAN.jpg "No Claim of Expenses when amount represents Net Income of Firm: ITAT [Read Order]")
Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the exemption to Trusts under section 11 of the Income Tax Act, 1961 cannot be denied merely due to the delay in furnishing of the...
![Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Exemption-to-Trust-Denied-Merely-due-to-Delay-in-furnishing-of-Audit-Report-in-Form-10B-ITAT-TAXSCAN.jpg "Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT [Read Order]")
Bonus Paid to Partners attracts S. 40(b)(v) of Income Tax Act: ITAT allows Income Tax Addition to Luthra and Luthra LLP [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT), allowed income tax addition to Luthra and Luthra LLP on the ground that Bonus paid to partners attracts Section 40(b)(v) of Income Tax...
![Bonus Paid to Partners attracts S. 40(b)(v) of Income Tax Act: ITAT allows Income Tax Addition to Luthra and Luthra LLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Bonus-Paid-to-Partners-attracts-Income-Tax-Act-ITAT-allows-Income-Tax-Addition-to-Luthra-and-Luthra-LLP-TAXSCAN.jpg "Bonus Paid to Partners attracts S. 40(b)(v) of Income Tax Act: ITAT allows Income Tax Addition to Luthra and Luthra LLP [Read Order]")
![CIT(A) cant disallow a Claim of Business Loss in the Presence of Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/CITA-disallow-a-Claim-of-Business-Loss-in-the-Presence-of-Evidence-ITAT-TAXSCAN.jpg "CIT(A) cant disallow a Claim of Business Loss in the Presence of Evidence: ITAT [Read Order]")