![Distributor Not Required to Deduct TDS on Payment of Turnover Discount to Dealers u/s 194H of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Distributor-TDS-on-Payment-TDS-Payment-Turnover-Discount-to-Dealers-Income-Tax-Act-ITAT-taxscan.jpg "Distributor Not Required to Deduct TDS on Payment of Turnover Discount to Dealers u/s 194H of Income Tax Act: ITAT [Read Order]")
Distributor Not Required to Deduct TDS on Payment of Turnover Discount to Dealers u/s 194H of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that the discount paid to dealers by the distributor in the nature of turnover...
![Re-Deposit of Cash during Demonetization for House Renovation and Marriage of Son is “Normal Conduct of an Ordinary Man”: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Re-Deposit-of-Cash-Demonetization-House-Renovation-Marriage-of-Son-ITAT-taxscan.jpg "Re-Deposit of Cash during Demonetization for House Renovation and Marriage of Son is “Normal Conduct of an Ordinary Man”: ITAT deletes Addition [Read Order]")
![Distribution Fee to AE of Google India cannot be Treated as “Royalty/FTS”: ITAT deletes Orders against Google India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Distribution-Fee-AE-AE-of-Google-India-Royalty-FTS-ITAT-Orders-Google-India-taxscan.jpeg "Distribution Fee to AE of Google India cannot be Treated as “Royalty/FTS”: ITAT deletes Orders against Google India [Read Order]")
![No Addition can be made on Compensation received from Government on Account of Acquisition of Land: ITAT[Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/received-Government-Account-of-Acquisition-of-Land-ITAT-TAXSCAN.jpg "No Addition can be made on Compensation received from Government on Account of Acquisition of Land: ITAT[Read Order]")
![Addition u/s 68 and Taxing u/s 115BBE cannot be Invoked, when Assessee not required to Maintain Books of Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Addition-Taxing-Invoked-Assessee-Maintain-Books-of-Accounts-ITAT-TAXSCAN-1.jpg "Addition u/s 68 and Taxing u/s 115BBE cannot be Invoked, when Assessee not required to Maintain Books of Accounts: ITAT [Read Order]")
Accrual of Payment and Actual Act of Making Payment must Both Exist for TDS to be Made: ITAT Deletes Addition u/s 40(a)(ia) [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, while deleting an addition made under Section 40(a)(ia) of the Income Tax Act, held that accrual of payment and actual act of...
![Accrual of Payment and Actual Act of Making Payment must Both Exist for TDS to be Made: ITAT Deletes Addition u/s 40(a)(ia) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Accrual-of-Payment-Actual-Act-TDS-ITAT-Addition-Taxscan-1.jpg "Accrual of Payment and Actual Act of Making Payment must Both Exist for TDS to be Made: ITAT Deletes Addition u/s 40(a)(ia) [Read Order]")
All the Cash Deposits in Saving Account is not Income of Assessee: ITAT allows Appeal [Read Order]
The Ahmadabad bench of the Income Tax Appellate Tribunal (ITAT), while allowing the appeal filed by the assesee, recently held that all cash deposits in the savings account could not be considered as...
![All the Cash Deposits in Saving Account is not Income of Assessee: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Cash-Deposits-in-Saving-Account-Saving-Account-Cash-Deposits-Income-of-Assessee-ITAT-Appeal-taxscan.jpg "All the Cash Deposits in Saving Account is not Income of Assessee: ITAT allows Appeal [Read Order]")
Lack of Enabling Provision in IT Act: ITAT quashes Disallowance of Claim u/s 143(1)(a) for Belated Filing of ITR [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has recently, in an appeal filed before it, quashed the disallowance of claim under Section 143(1)(a) for belated filing of ITR, on the...
![Lack of Enabling Provision in IT Act: ITAT quashes Disallowance of Claim u/s 143(1)(a) for Belated Filing of ITR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/IT-Act-ITAT-Disallowance-of-Claim-Filing-of-ITR-ITR-taxscan.jpg "Lack of Enabling Provision in IT Act: ITAT quashes Disallowance of Claim u/s 143(1)(a) for Belated Filing of ITR [Read Order]")
Accumulated Profits to be arrived after allowing Depreciation as per Income Tax Act and not Companies Act: ITAT deletes Addition[Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition holding that accumulated profits should be arrived after allowing depreciation as per Income Tax Act, 1961 and not...
![Accumulated Profits to be arrived after allowing Depreciation as per Income Tax Act and not Companies Act: ITAT deletes Addition[Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Accumulated-Profits-Depreciation-Income-Tax-Act-Companies-Act-ITAT-TAXSCAN.jpg "Accumulated Profits to be arrived after allowing Depreciation as per Income Tax Act and not Companies Act: ITAT deletes Addition[Read Order]")
Interest paid on delayed payment of TDS not penal in nature: ITAT Allows Deduction u/s 37 [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has allowed the deduction under Section 37 of the Income Tax Act 1961 holding that the interest paid on delayed payment of Tax Deducted at...
![Interest paid on delayed payment of TDS not penal in nature: ITAT Allows Deduction u/s 37 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Interest-payment-TDS-nature-ITAT-Deduction-TAXSCAN.png "Interest paid on delayed payment of TDS not penal in nature: ITAT Allows Deduction u/s 37 [Read Order]")
Officers of DRI are not proper officers for purposes of Section 28 of Customs Act: ITAT quashes Addition Based on Information by DRI [Read Order]
The Jaipur bench of Income Tax Appellate Tribunal (ITAT) while quashing the addition made by the assessing officer based on information by the Director of Revenue Intelligence (DRI), held that...
![Officers of DRI are not proper officers for purposes of Section 28 of Customs Act: ITAT quashes Addition Based on Information by DRI [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Officers-of-DRI-proper-officers-Customs-Act-ITAT-Information-by-DRI-taxscan.jpg "Officers of DRI are not proper officers for purposes of Section 28 of Customs Act: ITAT quashes Addition Based on Information by DRI [Read Order]")
Interest paid on Delayed TDS Payment is Compensatory in Nature: ITAT allows deduction u/s 37(1) [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has allowed deduction under Section 37(1) of the Income Tax Act 1961 holding that the interest paid on delayed Tax Deducted at Source (TDS)...
![Interest paid on Delayed TDS Payment is Compensatory in Nature: ITAT allows deduction u/s 37(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Interest-paid-TDS-Payment-ITAT-TAXSCAN.jpg "Interest paid on Delayed TDS Payment is Compensatory in Nature: ITAT allows deduction u/s 37(1) [Read Order]")