![SC Condones Delay of 707 Days in Income Tax Refiling, Directs Delhi HC to Consider Appeal on Merits [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/SC-Condones-Delay-SC-Condones-Delay-Condones-Delay-of-707-Days-in-Income-Tax-Refiling-Delhi-HC-Delhi-High-Court-taxscan.jpg "SC Condones Delay of 707 Days in Income Tax Refiling, Directs Delhi HC to Consider Appeal on Merits [Read Order]")
SC Condones Delay of 707 Days in Income Tax Refiling, Directs Delhi HC to Consider Appeal on Merits [Read Order]
The Supreme Court (SC) of India condoned a delay of 707 days in income tax refiling and directed the Delhi High Court (HC) to consider appeal on...
![Enhancement of Disallowance u/s 43B of Income Tax Act made Voluntarily: Delhi HC confirms Penalty Order of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Disallowance-Income-Tax-Act-Income-Tax-Income-Tax-Act-made-Voluntarily-Delhi-HC-confirms-Penalty-Order-of-ITAT-Delhi-High-Court-Penalty-Order-Penalty-Taxscan.jpg "Enhancement of Disallowance u/s 43B of Income Tax Act made Voluntarily: Delhi HC confirms Penalty Order of ITAT [Read Order]")
![Different View taken by AAR cannot be Sufficient Basis for Income Tax Officer to Believe Escapement of Income: Bombay HC quashes Assessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/AAR-Income-Tax-Officer-Income-Tax-Income-Assessment-Notice-Assessment-Notice-Different-View-taken-by-AAR-Bombay-HC-quashes-Assessment-Notice-Taxscan.jpg "Different View taken by AAR cannot be Sufficient Basis for Income Tax Officer to Believe Escapement of Income: Bombay HC quashes Assessment Notice [Read Order]")
![Death of Noticee before Initiation of Proceeding u/s 148A(b) of Income Tax Act: Calcutta HC set aside the Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Death-of-Noticee-Initiation-of-Proceeding-Income-Tax-Act-Income-Tax-Calcutta-High-Court-Calcutta-HC-set-aside-the-Assessment-Order-Assessment-Order-Taxscan.jpg "Death of Noticee before Initiation of Proceeding u/s 148A(b) of Income Tax Act: Calcutta HC set aside the Assessment Order [Read Order]")
No Income Tax on Partner for Share in Profit of Partnership Firm: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench held that no income tax on partners for share in profit of partnership firm. Therefore the bench deleted the addition made under Section 68 of...
![No Income Tax on Partner for Share in Profit of Partnership Firm: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Income-Tax-on-Partner-for-Share-in-Profit-of-Partnership-Firm-ITAT-Income-Tax-Act-TAXSCAN.jpg "No Income Tax on Partner for Share in Profit of Partnership Firm: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]")
Fraud in Consultancy Services: ICAI removes Name of Chartered Accountant, imposes Penalty of Rs 50,000
The Institute of Chartered Accountants of India (ICAI) removed the name of the Chartered Accountant from the Register of Members and imposed a penalty of Rs 50,000 on fraud committed in consultancy...
Survival Benefit Received on Death of Father Exempted from Income Tax u/s 10(10D): ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the survival benefit of Rs. 2.25 lakhs on death of his father received by him was an exempt income under Section 10(10D)...
![Survival Benefit Received on Death of Father Exempted from Income Tax u/s 10(10D): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Survival-Benefit-Death-Father-Exempted-Income-Tax-TAXSCAN.jpg "Survival Benefit Received on Death of Father Exempted from Income Tax u/s 10(10D): ITAT [Read Order]")
Spice Jet not Liable to Pay Income Tax on Supplementary Rent Paid to Foreign Company for Acquiring Aircraft on Lease as per India-Ireland DTAA: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi held that spice jet is not liable to pay income tax on supplementary rent paid to foreign companies for acquiring aircraft on lease as per India...
![Spice Jet not Liable to Pay Income Tax on Supplementary Rent Paid to Foreign Company for Acquiring Aircraft on Lease as per India-Ireland DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Spice-Jet-not-Liable-to-Pay-Income-Tax-on-Supplementary-Rent-Liable-to-Pay-Income-Tax-Income-Tax-Supplementary-Rent-Paid-to-Foreign-Company-Rent-Paid-to-Foreign-Company-ITAT-Taxscan.jpg "Spice Jet not Liable to Pay Income Tax on Supplementary Rent Paid to Foreign Company for Acquiring Aircraft on Lease as per India-Ireland DTAA: ITAT [Read Order]")
Income Tax Dept cannot withhold Gold on ground of Pending Addition Against Sending Party: Gujarat HC [Read Order]
The Division Bench of Gujarat High Court has held that the income tax department could not withhold the gold on the ground of pending addition against the sending party. The petitioner,...
![Income Tax Dept cannot withhold Gold on ground of Pending Addition Against Sending Party: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Income-Tax-Dept-Gold-on-ground-of-Pending-Addition-Against-Sending-Party-Gujarat-HC-TAXSCAN.jpg "Income Tax Dept cannot withhold Gold on ground of Pending Addition Against Sending Party: Gujarat HC [Read Order]")