![Education Subsidy given by Employer to Schools where Children of Employees pay only part Fee is not Perquisite: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/Perquisite-Taxscan.jpg "Education Subsidy given by Employer to Schools where Children of Employees pay only part Fee is not Perquisite: Gujarat HC [Read Judgment]")
Education Subsidy given by Employer to Schools where Children of Employees pay only part Fee is not Perquisite: Gujarat HC [Read Judgment]
The Gujarat High Court in Gujarat Co-operative Milk Marketing Federation Ltd vs. Income Tax Officer, held that the subsidy provided by the employer to...
![If disallowance relating to Speed Money restricted to only 25% of expenditure, same is to be complied with even for Future Cases: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/ITAT-Taxscan.jpg "If disallowance relating to Speed Money restricted to only 25% of expenditure, same is to be complied with even for Future Cases: ITAT [Read Order]")
![Jewellery received during Marriage can’t be treated as Unexplained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Jewellery-ITAT-Taxscan.jpg "Jewellery received during Marriage can’t be treated as Unexplained: ITAT [Read Order]")
![No Re-Opening of Assessment without Incriminating Material: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Assessment-Taxscan.jpg "No Re-Opening of Assessment without Incriminating Material: ITAT [Read Order]")
![A Provision not backed by any Actual Expenditure can’t be allowed as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/deduction.jpg "A Provision not backed by any Actual Expenditure can’t be allowed as Deduction: ITAT [Read Order]")
No Addition If Delay in Depositing Cash withdrawn was explained by way of Oral Evidence: Delhi High Court [Read Judgment]
The Delhi High Court annulling the decisions of Income Tax Appellate Tribunal (ITAT) and Commissioner of Income Tax (Appeals) held that if there is a delay in depositing withdrawn cash to the...
![No Addition If Delay in Depositing Cash withdrawn was explained by way of Oral Evidence: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Delhi-High-Court-Taxscan.jpg "No Addition If Delay in Depositing Cash withdrawn was explained by way of Oral Evidence: Delhi High Court [Read Judgment]")
Failure of Explicit Communication of Amended Trust Deed before Department, is no ground for withdrawal of its Registration, till it is Charitable: ITAT [Read Order]
While allowing the appeal filed by the Assessee Paramount Charity Trust, Ahmedabad bench of Income Tax Appellate Tribunal comprising of Judicial member Rajpal Yadav and Accountant Member Pramod Kumar...
![Failure of Explicit Communication of Amended Trust Deed before Department, is no ground for withdrawal of its Registration, till it is Charitable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Trust-Taxscan.jpg "Failure of Explicit Communication of Amended Trust Deed before Department, is no ground for withdrawal of its Registration, till it is Charitable: ITAT [Read Order]")
Lease Equalization Charges Deductible from Rental Income: SC upholds ICAI Guidance Note [Read Judgment]
The Supreme Court, in Commissioner of Income Tax vs. Virtual Soft Systems Ltd. held that deduction on account of lease equalization charges from lease rental income can be allowed under the Income Tax...
![Lease Equalization Charges Deductible from Rental Income: SC upholds ICAI Guidance Note [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Lease-Equalization-Charges-Taxscan.jpg "Lease Equalization Charges Deductible from Rental Income: SC upholds ICAI Guidance Note [Read Judgment]")
![Civil Contractor can’t be penalized u/s 271A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Civil-Contractor-Taxscan.jpg "Civil Contractor can’t be penalized u/s 271A of Income Tax Act: ITAT [Read Order]")