![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]")
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...
![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]](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]](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]")
Bombay HC Upholds Rejection of Refund of Disputed Income Tax on ground of Non Disclosure of Proper Calculation of Income Tax [Read Order]
The Bombay High Court upheld the rejection of refund of disputed income tax on the ground of nondisclosure of proper calculations of income tax by the petitioner. Bombay Dyeing &...
![Bombay HC Upholds Rejection of Refund of Disputed Income Tax on ground of Non Disclosure of Proper Calculation of Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Bombay-HC-Upholds-Rejection-of-Refund-of-Disputed-Income-Tax-on-ground-of-Non-Disclosure-of-Proper-Calculation-of-Income-Tax-TAXSCAN-1.jpg "Bombay HC Upholds Rejection of Refund of Disputed Income Tax on ground of Non Disclosure of Proper Calculation of Income Tax [Read Order]")
Dispute in Fact about Payment of Income Tax Dues Cannot be Decide by Writ Court: Orissa HC directs to approach AO [Read Order]
The Orissa High Court directed to approach the Assessing Officer(A0) since the dispute in fact about payment of income tax dues cannot be decided by the writ court. Mr. S. Ray, Senior...
![Dispute in Fact about Payment of Income Tax Dues Cannot be Decide by Writ Court: Orissa HC directs to approach AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Dispute-in-Fact-Payment-of-Income-Tax-Dues-Decide-by-Writ-Court-Orissa-HC-approach-AO-TAXSCAN.jpg "Dispute in Fact about Payment of Income Tax Dues Cannot be Decide by Writ Court: Orissa HC directs to approach AO [Read Order]")
No Variation in Returned Income and Assessable Income: Penalty u/s 271(1)(c) of Income Tax Act Not Leviable, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench ruled that no penalty shall be levied when no variation is found in returned income and assessable income. Meera Anirudha Mirgunde, the taxpayer...
![No Variation in Returned Income and Assessable Income: Penalty u/s 271(1)(c) of Income Tax Act Not Leviable, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Variation-in-Returned-Income-and-Assessable-Income-Returned-Income-Assessable-Income-Income-Tax-ITAT-Taxscan.jpg "No Variation in Returned Income and Assessable Income: Penalty u/s 271(1)(c) of Income Tax Act Not Leviable, rules ITAT [Read Order]")
No Material Evidence to Prove Commission of offences of Money Laundering: Jharkhand HC Grants Bail on bond [Read Order]
The Jharkhand High Court while entertaining a human trafficking case, granted bail to the petitioner on the grounds that no material evidence was found to prove the commissioner of offences of money...
![No Material Evidence to Prove Commission of offences of Money Laundering: Jharkhand HC Grants Bail on bond [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Material-Evidence-to-Prove-Commission-of-offences-of-Money-Laundering-Jharkhand-HC-Grants-Bail-on-bond-TAXSCAN.jpg "No Material Evidence to Prove Commission of offences of Money Laundering: Jharkhand HC Grants Bail on bond [Read Order]")
Income Tax on sum received from Mother-in-Law by way Settlement of case in Court: ITAT directs Fresh Adjudication on ground of failing to make enquiry of correctness of claim [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) directed fresh adjudication on grounds of failing to make enquiry on the correctness of claim of sum received from mother -in-law by way...
![Income Tax on sum received from Mother-in-Law by way Settlement of case in Court: ITAT directs Fresh Adjudication on ground of failing to make enquiry of correctness of claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Income-Tax-sum-Mother-in-Law-Settlement-case-Court-ITAT-directs-taxscan.jpg "Income Tax on sum received from Mother-in-Law by way Settlement of case in Court: ITAT directs Fresh Adjudication on ground of failing to make enquiry of correctness of claim [Read Order]")
Income Tax Proceedings against Saravana Group for Suppressed Sales: Madras HC Dismisses Petition Challenging Tax Demand on Technical Grounds [Read Order]
The Madras High Court dismissed the writ petition filed by the Saravana Group against income tax proceedings for suppressed sales and challenging tax demand on technical grounds. Saravana...
![Income Tax Proceedings against Saravana Group for Suppressed Sales: Madras HC Dismisses Petition Challenging Tax Demand on Technical Grounds [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Madras-High-Court-Income-Tax-Proceedings-Income-Tax-Proceedings-against-Saravana-Group-Suppressed-Sales-Madras-HC-Dismisses-taxscan.jpg "Income Tax Proceedings against Saravana Group for Suppressed Sales: Madras HC Dismisses Petition Challenging Tax Demand on Technical Grounds [Read Order]")
