![Payment made for Usage of Software is Revenue Expenditure: ITAT allows Income Tax Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Payment-software-revenue-expenditure-deduction-ITAT-taxscan.jpeg "Payment made for Usage of Software is Revenue Expenditure: ITAT allows Income Tax Deduction [Read Order]")
Payment made for Usage of Software is Revenue Expenditure: ITAT allows Income Tax Deduction [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that payment made for the usage of the software is revenue expenditure and deduction...
![PCIT cannot impose his own Understanding of extent of inquiry u/s 263: ITAT quashes Revisionary Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/PCIT-ITAT-revisionary-order-taxscan.jpg "PCIT cannot impose his own Understanding of extent of inquiry u/s 263: ITAT quashes Revisionary Order [Read Order]")
![Payment made to Non-Resident not having PE in India not Royalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Payment-non-resident-royalty-ITAT-taxscan.jpg "Payment made to Non-Resident not having PE in India not Royalty: ITAT [Read Order]")
![Deduction u/s 54 allowable on Multiple Residential Houses built in same physical location and contiguous place: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Deduction-multiple-residential-houses-ITAT.jpg "Deduction u/s 54 allowable on Multiple Residential Houses built in same physical location and contiguous place: ITAT [Read Order]")
![Payment of Internet and Telecom Charges does not attract TDS u/s 194J: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Payment-Internet-and-Telecom-Charges-TDS-ITAT-taxscan.jpeg "Payment of Internet and Telecom Charges does not attract TDS u/s 194J: ITAT [Read Order]")
No Evidence to Prove Status as Private Beneficiary Trust: ITAT Rejects claim to Tax in Individual Manner [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the claim of the assessee to be taxed individually is not sustainable when no evidence to prove their status as a private...
![No Evidence to Prove Status as Private Beneficiary Trust: ITAT Rejects claim to Tax in Individual Manner [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/evidence-private-beneficiary-trust-ITAT-taxscan.jpg "No Evidence to Prove Status as Private Beneficiary Trust: ITAT Rejects claim to Tax in Individual Manner [Read Order]")
Fraudulent Action of Director of Assessee-Company to Sell Property without valid Authorization: ITAT deletes Addition of 2 cr [Read Order]
An Addition of 2 crores was deleted by the Income Tax Appellate Tribunal (ITAT), Chennai due to fraudulent action of director of assessee-company to sell property without valid authorization. The...
![Fraudulent Action of Director of Assessee-Company to Sell Property without valid Authorization: ITAT deletes Addition of 2 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/assessee-sell-property-ITAT-taxscan.jpeg "Fraudulent Action of Director of Assessee-Company to Sell Property without valid Authorization: ITAT deletes Addition of 2 cr [Read Order]")
Delay of 135 days due to Misplacement of Assessment Order by Advocate: ITAT condones delay [Read Order]
Income Tax Appellate Tribunal (ITAT), New Delhi bench consisting of Shamim Yahya, Accountant Member and Yogesh Kumar US, Judicial Member condoned delay of 135 days occurred due to misplacement of...
![Delay of 135 days due to Misplacement of Assessment Order by Advocate: ITAT condones delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Assessment-order-Advocate-ITAT-taxscan.jpg "Delay of 135 days due to Misplacement of Assessment Order by Advocate: ITAT condones delay [Read Order]")
Re-Assessment is Invalid If Satisfaction recorded in Mechanical Manner without Application of Mind: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai recorded re opening assessment as invalid on the ground that satisfaction was recorded in a mechanical manner without application of mind for issuing...
![Re-Assessment is Invalid If Satisfaction recorded in Mechanical Manner without Application of Mind: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/application-of-mind-notice-ITAT-assessment-taxscan.jpg "Re-Assessment is Invalid If Satisfaction recorded in Mechanical Manner without Application of Mind: ITAT [Read Order]")
![Re-Assessment based on mere Change of Opinion is not Valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/assessment-order-ITAT-taxscan.jpeg "Re-Assessment based on mere Change of Opinion is not Valid: ITAT [Read Order]")