![GST on Donation Received by Society: AAR dismisses Application as Assessee not involved in Supply of Goods or Services [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/GST-On-Donation-Society-AAR-Supply-Of-Goods-Services-Taxscan.jpg "GST on Donation Received by Society: AAR dismisses Application as Assessee not involved in Supply of Goods or Services [Read Order]")
GST on Donation Received by Society: AAR dismisses Application as Assessee not involved in Supply of Goods or Services [Read Order]
The Authority Of Advance Rulings ( AAR ) in Karnataka Goods And Service Tax, has recently dismissed an application filed before it on the grounds of...
![Exemption u/s 80P is allowable, If delay in Filing Income Tax Return is condoned by Competent Authority: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Income-Tax-Return-competent-authority-ITAT-taxscan.jpeg "Exemption u/s 80P is allowable, If delay in Filing Income Tax Return is condoned by Competent Authority: ITAT [Read Order]")
![No Tax Liability on Compensation received towards Interest cost, Insurance cost, Cost of Modification and Validation of the Assets, Warranty, Restating, etc.: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Tax-Liability-Compensation-Interest-cost-Insurance-cost-Modification-Assets-Warranty-ITAT-taxscan.jpg "No Tax Liability on Compensation received towards Interest cost, Insurance cost, Cost of Modification and Validation of the Assets, Warranty, Restating, etc.: ITAT [Read Order]")
![No Income attributed to DAPE of Adobe-Ireland in India, When Transaction between Indian AE and Foreign party found at ALP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/income-DAPE-Adobe-Ireland-in-India-transaction-Indian-AE-foreign-party-arms-length-price-ITAT-taxscan.jpg "No Income attributed to DAPE of Adobe-Ireland in India, When Transaction between Indian AE and Foreign party found at ALP: ITAT [Read Order]")
![Amount Spent outside India on account of Boarding and Lodging local transport is not application Income u/s 11(1)(a): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Amount-account-lodging-local-transport-application-income-ITAT-taxscan.jpeg "Amount Spent outside India on account of Boarding and Lodging local transport is not application Income u/s 11(1)(a): ITAT [Read Order]")
No Capital Gains on Transfer of Goodwill on Account of Conversion: ITAT dismisses Revenue's Appeal [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Chennai bench, in a recent appeal filed before it by the revenue, held that there cannot be said to be any capital gain on the transfer of goodwill on...
![No Capital Gains on Transfer of Goodwill on Account of Conversion: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Capital-Gains-Transfer-Of-Goodwill-ITAT-taxscan.jpg "No Capital Gains on Transfer of Goodwill on Account of Conversion: ITAT dismisses Revenues Appeal [Read Order]")
Notional Rent not applicable to Unsold Flats of Real Estate Business: ITAT quashes Revisional Order [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Mumbai, has recently  while quashing a revisional order in a writ petition filed before it , held that notional rent will not be applicable to unsold...
![Notional Rent not applicable to Unsold Flats of Real Estate Business: ITAT quashes Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Notional-Rent-Unsold-Flats-Real-Estate-Business-ITAT-Revisional-Order-taxscan.jpg "Notional Rent not applicable to Unsold Flats of Real Estate Business: ITAT quashes Revisional Order [Read Order]")
![Ola not liable to deduct TDS on payment to driver: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/OLA-ITAT-Case-Ola-TDS-on-payment-ITAT-taxscan.jpeg "Ola not liable to deduct TDS on payment to driver: ITAT [Read Order]")
Share Transactions with Company declared as Penny Stock: ITAT allows Claim of Business Loss by FPI as No Evidence of Malpractices
The Income Tax Appellate Tribunal ( ITAT ) Mumbai, has in an appeal recently filed before it by the Jt. Commissioner of Income Tax (OSD), International Taxation, held that business loss occurring out...
No Evidence of Tax Evasion by showing Fictitious or False Transactions: ITAT deletes Addition of Expenditure u/s 40A(3) [Read Order]
The Income Tax Appellate Tribunal (ITAT), Patna Bench has held that no evidence of tax evasion by showing fictitious or false transactions and deleted the addition of expenditure under section...
![No Evidence of Tax Evasion by showing Fictitious or False Transactions: ITAT deletes Addition of Expenditure u/s 40A(3) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Evidence-Tax-Evasion-ITAT-taxscan.jpeg "No Evidence of Tax Evasion by showing Fictitious or False Transactions: ITAT deletes Addition of Expenditure u/s 40A(3) [Read Order]")
![ITAT allows Additional Depreciation claimed for Windmill u/s 32(1)(iia) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-additional-depreciation-claim-windmill-taxscan.jpg "ITAT allows Additional Depreciation claimed for Windmill u/s 32(1)(iia) [Read Order]")
Capital Gain can't be Taxed when actual possession of Property is not Transferred as per the Agreement: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that capital gain can’t be taxed when actual possession of the property is not transferred as per the agreement The assessee,...
![Capital Gain cant be Taxed when actual possession of Property is not Transferred as per the Agreement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Capital-gain-possession-of-the-property-agreement-ITAT-taxscan.jpg "Capital Gain cant be Taxed when actual possession of Property is not Transferred as per the Agreement: ITAT [Read Order]")