![Co-Operative Bank eligible for TDS Exemption u/s 194A for deposits by Nominal Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Co-operative-bank-TDS-exemption-ITAT-taxscan.jpeg "Co-Operative Bank eligible for TDS Exemption u/s 194A for deposits by Nominal Members: ITAT [Read Order]")
Co-Operative Bank eligible for TDS Exemption u/s 194A for deposits by Nominal Members: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench has held that Cooperative bank share eligible for Tax Deduction at Source (TDS) exemption under...
![Royalty Expenses paid by Mercedes Benz India to Daimler AG Deductible from Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Royalty-Expenses-Mercedes-Benz-India-Daimler-AG-Business-Income-ITAT-taxscan.jpeg "Royalty Expenses paid by Mercedes Benz India to Daimler AG Deductible from Business Income: ITAT [Read Order]")
![Relief to Toyota: ITAT deletes Addition of 7.5 cr as TP Adjustments [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Toyota-ITAT-TP-Adjustments-taxscan.jpeg "Relief to Toyota: ITAT deletes Addition of 7.5 cr as TP Adjustments [Read Order]")
![Land Re-purchased need not be Agricultural on the Date of Re-Investment: ITAT allows Deduction u/s 54B [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Land-Re-purchased-Agricultural-Re-Investment-ITAT-taxscan.jpg "Land Re-purchased need not be Agricultural on the Date of Re-Investment: ITAT allows Deduction u/s 54B [Read Order]")
![Revision order u/s 263 without DIN is Invalid and Deemed to have never been Issued: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Revision-order-DIN-ITAT-taxscan.jpeg "Revision order u/s 263 without DIN is Invalid and Deemed to have never been Issued: ITAT [Read Order]")
Contract based on which Addition is made is Subject Matter of Litigation: Protective Assessment can’t be made, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the protective assessment under the Income Tax Act, 1961 cannot be made when the contract based on which the addition was made...
![Contract based on which Addition is made is Subject Matter of Litigation: Protective Assessment can’t be made, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Contract-Litigation-Protective-Assessment-ITAT-Taxscan.jpeg "Contract based on which Addition is made is Subject Matter of Litigation: Protective Assessment can’t be made, rules ITAT [Read Order]")
Income to be assessed as per MOU for Sharing Profit and Loss of Business and not on TDS deducted in Name of Assessee under PAN Number: ITAT [Read Order]
Income to be assessed as per MOU for sharing profit and loss of business and not on TDS deducted in name of assessee under PAN Number, so was held by Income Tax Appellate Tribunal (ITAT), Kolkata. ...
![Income to be assessed as per MOU for Sharing Profit and Loss of Business and not on TDS deducted in Name of Assessee under PAN Number: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Income-MOU-profit-and-loss-of-business-TDS-PAN-Number-ITAT-taxscan.jpeg "Income to be assessed as per MOU for Sharing Profit and Loss of Business and not on TDS deducted in Name of Assessee under PAN Number: ITAT [Read Order]")
Delay in filing Appeal due to Change of Branch Manager, not a valid ground, SBI can't escape from Tax Liability: ITAT [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT)has refused to condone the delay in filing the appeal by the State Bank of India (SBI) due to the change of Branch manager being not a...
![Delay in filing Appeal due to Change of Branch Manager, not a valid ground, SBI cant escape from Tax Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/appeal-Branch-Manager-tax-liability-taxscan.jpg "Delay in filing Appeal due to Change of Branch Manager, not a valid ground, SBI cant escape from Tax Liability: ITAT [Read Order]")
Air India cannot be deemed as 'Assessee in Default' in respect of payment to AIESL: ITAT directs fresh Adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that Air India cannot be deemed as 'Assessee in Default' in respect of payment to Air India Engineering Services Ltd (AIESL) and...
![Air India cannot be deemed as Assessee in Default in respect of payment to AIESL: ITAT directs fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Air-India-Assessee-in-Default-payment-AIESL-ITAT-fresh-Adjudication-taxscan.jpeg "Air India cannot be deemed as Assessee in Default in respect of payment to AIESL: ITAT directs fresh Adjudication [Read Order]")
Capital Gain Exemption u/s 54F cannot be denied on ground of Joint Ownership in Two Residential Flats: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai held that capital gain exemption u/s 54F cannot be denied on grounds of joint ownership in two residential flats. The assessee, Manoj Tekriwal, is...
![Capital Gain Exemption u/s 54F cannot be denied on ground of Joint Ownership in Two Residential Flats: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Capital-gain-exception-joint-ownership-residential-flats-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54F cannot be denied on ground of Joint Ownership in Two Residential Flats: ITAT [Read Order]")
Shipping Income derived in India from International Traffic is not Taxable in India as per India-UAE Tax Treaty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that shipping income derived in India from international traffic is not taxable in India as per India - UAE tax treaty. The...
![Shipping Income derived in India from International Traffic is not Taxable in India as per India-UAE Tax Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Shipping-income-Taxable-IndiaUAE-Tax-Treaty-ITAT-taxscan.jpeg "Shipping Income derived in India from International Traffic is not Taxable in India as per India-UAE Tax Treaty: ITAT [Read Order]")