![No Deemed Registration if Income Tax Department Not Deciding Registration Application u/s 12AA within a Period of Six Months: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Deemed-Registration-Income-Tax-Department-Registration-Application-ITAT-TAXSCAN.jpg "No Deemed Registration if Income Tax Department Not Deciding Registration Application u/s 12AA within a Period of Six Months: ITAT [Read Order]")
No Deemed Registration if Income Tax Department Not Deciding Registration Application u/s 12AA within a Period of Six Months: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat Bench, has recently, in an appeal filed before it, held that there can be no deemed registration, if...
![Bringing Evidence on What Basis Income has Escaped and Re-opening of Assessment is Required is Procedural Requirement to Invoke S. 147/148: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Evidence-Income-Re-opening-of-Assessment-Assessment-Procedural-Requirement-Requirement-ITAT-Taxscan-1.jpg "Bringing Evidence on What Basis Income has Escaped and Re-opening of Assessment is Required is Procedural Requirement to Invoke S. 147/148: ITAT [Read Order]")
![Section 263 is not a Mechanism available for PCIT for taking Second Opinion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Section-263-Mechanism-PCIT-Second-Opinion-ITAT-TAXSCAN-2.jpg "Section 263 is not a Mechanism available for PCIT for taking Second Opinion: ITAT [Read Order]")
![Assessment Order Against Dead Person is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Assessment-Order-Dead-Person-Income-Tax-ITAT-taxscan.jpg "Assessment Order Against Dead Person is Invalid: ITAT [Read Order]")
![Penalty Demand after 7 Days of Detention for Expiry of E-way Bill invalid: Madras HC quashes GST Demand & Detention [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Penalty-Demand-Detention-E-way-Bill-Madras-HC-GST-Demand-Detention-TAXSCAN.jpg "Penalty Demand after 7 Days of Detention for Expiry of E-way Bill invalid: Madras HC quashes GST Demand & Detention [Read Order]")
Centralized Services Fee received by Starwood Asia Pacific Not Taxable as Royalty under India-Singapore Treaty: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the centralized services fee received by Starwood Asia Pacific is not taxable as royalty under India-Singapore Treaty. Ms/...
![Centralized Services Fee received by Starwood Asia Pacific Not Taxable as Royalty under India-Singapore Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Centralized-Services-Centralized-Services-Fee-Services-Fee-Starwood-Asia-Pacific-Taxable-Royalty-India-Singapore-Treaty-ITAT-Taxscan.jpg "Centralized Services Fee received by Starwood Asia Pacific Not Taxable as Royalty under India-Singapore Treaty: ITAT [Read Order]")
![Sale Proceed of Agricultural Produce without Invoice cannot be Doubted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Sale-Proceed-Agricultural-Produce-Invoice-Doubted-ITAT-TAXSCAN.jpg "Sale Proceed of Agricultural Produce without Invoice cannot be Doubted: ITAT [Read Order]")
![RPC Fee is Additional Income by Formula One, Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/RPC-Fee-Additional-Income-by-Formula-One-ITAT-Formula-One-Formula-One-World-Championship-Ltd-Income-Tax-taxscan.jpg "RPC Fee is Additional Income by Formula One, Taxable: ITAT [Read Order]")
Income Tax Penalty u/s 271(1)(c)cannot be Levied based on Information from Outside Agency/ Dept: ITAT [Read Order]
In a recent ruling, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that income tax penalty under section 271(1)(c) cannot be levied based on Information from outside...
![Income Tax Penalty u/s 271(1)(c)cannot be Levied based on Information from Outside Agency/ Dept: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Penalty-Information-Outside-Agency-Dept-ITAT-TAXSCAN.jpg "Income Tax Penalty u/s 271(1)(c)cannot be Levied based on Information from Outside Agency/ Dept: ITAT [Read Order]")
No Penalty for Bonafide Mistakes in Income Tax Return filed without Assistance of Tax Consultant: ITAT [Read Order]
In Virtual mode, the Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that penalty is not demandable for bonafide mistakes in income tax returns filed without the assistance of a...
![No Penalty for Bonafide Mistakes in Income Tax Return filed without Assistance of Tax Consultant: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Penalty-Mistakes-Income-Tax-Return-Tax-Consultant-ITAT-TAXSCAN.jpg "No Penalty for Bonafide Mistakes in Income Tax Return filed without Assistance of Tax Consultant: ITAT [Read Order]")
25% of Licence Fee paid by SET to GCC is fair estimate: ITAT clarifies Taxability on Sum received from ICC events in India [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) clarified the taxability of the sum received from ICC events in India and held that 25% of the Licence Fee paid by SET Satellite...
![25% of Licence Fee paid by SET to GCC is fair estimate: ITAT clarifies Taxability on Sum received from ICC events in India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Licence-Fee-SET-GCC-fair-estimate-ITAT-Taxability-Sum-received-ICC-ICC-events-ICC-events-in-India-Taxscan.jpg "25% of Licence Fee paid by SET to GCC is fair estimate: ITAT clarifies Taxability on Sum received from ICC events in India [Read Order]")
Depreciation u/s 32 cannot be claimed on Assets Shared with Sister Concern under License Agreement: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that depreciation under section 32 of the Income Tax Act, 1961 cannot be claimed in respect of Assets shared with a sister...
![Depreciation u/s 32 cannot be claimed on Assets Shared with Sister Concern under License Agreement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Depreciation-Assets-shared-Sister-Concern-License-Agreement-ITAT-taxscan.jpg "Depreciation u/s 32 cannot be claimed on Assets Shared with Sister Concern under License Agreement: ITAT [Read Order]")