![Penalty u/s. 271(1)(c) Cannot be Levied Merely because Claim was not Accepted or not Found to be Acceptable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-ITAT-taxscan.jpg "Penalty u/s. 271(1)(c) Cannot be Levied Merely because Claim was not Accepted or not Found to be Acceptable: ITAT [Read Order]")
Penalty u/s. 271(1)(c) Cannot be Levied Merely because Claim was not Accepted or not Found to be Acceptable: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the penalty under Section 271(1)(c) of the Income Tax Act 1961 could not be...
![Late Deposition of Employees Contribution to PF/ESI would Trigger Disallowance u/s 36(1)(va) of Income Tax Act : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Late-Deposition-Employees-Contribution-PF-ESI-Trigger-Disallowance-Income-Tax-Act-ITAT-TAXSCAN.jpg "Late Deposition of Employees Contribution to PF/ESI would Trigger Disallowance u/s 36(1)(va) of Income Tax Act : ITAT [Read Order]")
![Assessment Proceedings Completed without Giving Sufficient Opportunity to Assessee: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessment-Proceedings-Assessment-Sufficient-Opportunity-to-Assessee-ITAT-Directs-Re-adjudication-taxscan.jpg "Assessment Proceedings Completed without Giving Sufficient Opportunity to Assessee: ITAT Directs Re-adjudication [Read Order]")
![Claim of LTCG u/s 10(38) of Income Tax Act Rejected due to Non submission of Documents: ITAT Quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Claim-of-LTCG-Income-Tax-Act-Rejected-due-Non-submission-Documents-ITAT-TAXSCAN.jpg "Claim of LTCG u/s 10(38) of Income Tax Act Rejected due to Non submission of Documents: ITAT Quashes Order [Read Order]")
![ITAT quashes Assessment Order passed during Covid-19 without Providing Proper Opportunity to Assesee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessment-Order-passed-during-Covid-19-Proper-Opportunity-to-Assesee-ITAT-quashes-Assessment-Order-Assessment-Order-ITAT-taxscan.jpg "ITAT quashes Assessment Order passed during Covid-19 without Providing Proper Opportunity to Assesee [Read Order]")
Appeal Not Maintainable on Non-Payment of Admitted Tax during Filing of Return u/s 249(4) of Income Tax Act: ITAT [Read Order]
The Amritsar Bench of Income Tax Appellate Tribunal (ITAT) held that the appeal order is not maintainable for violation of Section 249(4) of Income tax Act,1961 for non-payment of the admitted tax. ...
![Appeal Not Maintainable on Non-Payment of Admitted Tax during Filing of Return u/s 249(4) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Appeal-Not-Maintainable-Non-Payment-Admitted-Tax-during-Filing-of-Return-Income-Tax-Act-ITAT-TAXSCAN.jpg "Appeal Not Maintainable on Non-Payment of Admitted Tax during Filing of Return u/s 249(4) of Income Tax Act: ITAT [Read Order]")
![ITAT allows Foreign Travel Expenses Incurred for Obtaining Charitable Donations [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-allows-Foreign-Travel-Expenses-Obtaining-Charitable-Donations-Charitable-Donations-Foreign-Travel-Expenses-Incurred-for-Obtaining-Charitable-Donations-ITAT-taxscan.jpg "ITAT allows Foreign Travel Expenses Incurred for Obtaining Charitable Donations [Read Order]")
![ITAT Upholds addition made on account of Trading in Penny Stock Shares of Shell Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Stock-share-addition-made-account-of-Trading-Penny-Stock-Shares-Shell-Company-ITAT-TAXSCAN.jpg "ITAT Upholds addition made on account of Trading in Penny Stock Shares of Shell Company [Read Order]")
ITAT Upholds Disallowance made by AO on Payment of Interest Expenditure u/s. 201(1A) of Income Tax Act due to late payment of TDS [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) upheld the disallowance made by the assessing officer on payment of interest expenditure under section 201(1A) of the Income Tax Act,1961...
![ITAT Upholds Disallowance made by AO on Payment of Interest Expenditure u/s. 201(1A) of Income Tax Act due to late payment of TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Disallowance-made-by-AO-Payment-of-Interest-Expenditure-Income-Tax-late-payment-of-TDS-TAXSCAN.jpg "ITAT Upholds Disallowance made by AO on Payment of Interest Expenditure u/s. 201(1A) of Income Tax Act due to late payment of TDS [Read Order]")
Claim of Deduction u/s 54F of Income Tax Act rejected due to late filing of revised ROI: ITAT Directs Re-adjudication [Read Order]
The Rajkot bench of the Income Tax Appellate Tribunal (ITAT) directed re-adjudication to the assessing officer for the rejection of the claim of deduction under section 54F of the Income Tax Act,1961...
![Claim of Deduction u/s 54F of Income Tax Act rejected due to late filing of revised ROI: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Claim-of-Deduction-Income-Tax-Act-rejected-due-late-filing-revised-ROI-ITAT-Directs-Re-adjudication.jpg "Claim of Deduction u/s 54F of Income Tax Act rejected due to late filing of revised ROI: ITAT Directs Re-adjudication [Read Order]")
Stamp Value Less than Agreement Value: ITAT Deletes Addition u/s 56(2)(vii)(b) of Income Tax Act [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the additions made under Section 56(2)(vii)(b) of the Income Tax Act 1961 holding that the stamp value was less than the agreement...
![Stamp Value Less than Agreement Value: ITAT Deletes Addition u/s 56(2)(vii)(b) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Stampvalue-agreement-value-ITAT-Deletes-Addition-ITAT-TAXSCAN.jpg "Stamp Value Less than Agreement Value: ITAT Deletes Addition u/s 56(2)(vii)(b) of Income Tax Act [Read Order]")
Failure to Substantiate Expenditure Incurred Exclusively for Business: ITAT Disallows Education Expenditure u/s 37(1) of Income Tax Act [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has disallowed the education expenditure under Section 37(1) of the Income Tax Act 1961 as the assessee failed to substantiate the expenditure...
![Failure to Substantiate Expenditure Incurred Exclusively for Business: ITAT Disallows Education Expenditure u/s 37(1) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Substantiate-Expenditure-Incurred-Exclusively-for-Business-Business-ITAT-Disallows-Education-Expenditure-Substantiate-Expenditure-Income-Tax-Act-Income-Tax-taxscan.jpg "Failure to Substantiate Expenditure Incurred Exclusively for Business: ITAT Disallows Education Expenditure u/s 37(1) of Income Tax Act [Read Order]")