![Primary Addition to Income by AO was deleted on Appeal, No Correction of Arithmetical mistake by invoking sec 263 Survive: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Primary-Addition-Income-AO-Arithmetical-mistake-ITAT-Taxscan.jpeg "Primary Addition to Income by AO was deleted on Appeal, No Correction of Arithmetical mistake by invoking sec 263 Survive: ITAT [Read Order]")
Primary Addition to Income by AO was deleted on Appeal, No Correction of Arithmetical mistake by invoking sec 263 Survive: ITAT [Read Order]
The Cuttack Bench of Income Tax Appellate Tribunal has held that primary addition to income by AO was deleted on appeal, no correction of...
![Under-reporting of Income due to Disallowance by AO: Delhi HC quashes Proceedings as it does not amount to Mis-Reporting [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-AO-Delhi-HC-taxscan.jpeg "Under-reporting of Income due to Disallowance by AO: Delhi HC quashes Proceedings as it does not amount to Mis-Reporting [Read Order]")
![Income Tax Dept designates Officers for Faceless Assessment [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Dept-Faceless-Assessment-taxscan.jpeg "Income Tax Dept designates Officers for Faceless Assessment [Read Notification]")
![Income Tax: CBDT issues Circular regarding Compliance Check Functionality for TDS [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-CBDT-Circular-Compliance-Check-Functionality-TDS-Techxmedia.jpeg "Income Tax: CBDT issues Circular regarding Compliance Check Functionality for TDS [Read Circular]")
Deduction u/s 80IB can be disallowed for Sale of Scrap generated during manufacturing process: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri Prashant Maharishi, AM and Shri Pavan Kumar Gadale, JM has held that deduction u/s 80IB can be disallowed for the sale of...
![Deduction u/s 80IB can be disallowed for Sale of Scrap generated during manufacturing process: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Deduction-sale-scrap-manufacturing-process-ITAT-taxscan.jpg "Deduction u/s 80IB can be disallowed for Sale of Scrap generated during manufacturing process: ITAT [Read Order]")
Off-Shore Distribution Income is not Taxable from the hands of Non-Resident who did not carry out business in India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench consisting of Pramod Kumar, Vice President, and Sandeep Singh Karhail, Judicial Member held that Off-Shore Distribution Income is not Taxable...
![Off-Shore Distribution Income is not Taxable from the hands of Non-Resident who did not carry out business in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Off-Shore-Distribution-Income-Taxable-Non-Resident-business-in-India-ITAT-taxscan.jpeg "Off-Shore Distribution Income is not Taxable from the hands of Non-Resident who did not carry out business in India: ITAT [Read Order]")
Penalty u/s 271 will not sustain when AO failed to specify the inaccurate particulars of income found: ITAT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) has held that penalty u/s 271 will not sustain when AO failed to specify inaccurate particulars of income found. The appellant...
![Penalty u/s 271 will not sustain when AO failed to specify the inaccurate particulars of income found: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-AO-income-ITAT-taxscan.jpeg "Penalty u/s 271 will not sustain when AO failed to specify the inaccurate particulars of income found: ITAT [Read Order]")
Income of Hire Charges can't be earned without incurring Expenditure, Disallowance of Expenditure not sustainable: ITAT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) has held that income of hire charges can’t be earned without incurring expenditure and disallowance of whole expenditure will not sustainable....
![Income of Hire Charges cant be earned without incurring Expenditure, Disallowance of Expenditure not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-disallowance-of-expenditure-sustainable-ITAT-Taxscan.jpg "Income of Hire Charges cant be earned without incurring Expenditure, Disallowance of Expenditure not sustainable: ITAT [Read Order]")
Set back to TATA Sponge: ITAT disallows Income Tax Deduction u/s 80 IA as Income from Eligible unit Not shown in Gross Total Income [Read Order]
The Cuttack Bench of Income Tax Appellate Tribunal ( ITAT ) has disallowed deduction u/s 80 IA since income from eligible unit not shown in gross total income. The appellant, Tata Sponge...
![Set back to TATA Sponge: ITAT disallows Income Tax Deduction u/s 80 IA as Income from Eligible unit Not shown in Gross Total Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/TATA-Sponge-ITAT-Deduction-Income-Gross-Total-Income-taxscan.jpeg "Set back to TATA Sponge: ITAT disallows Income Tax Deduction u/s 80 IA as Income from Eligible unit Not shown in Gross Total Income [Read Order]")
![TDS credit can be claimed from the Country in which the related Income was Taxed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/TDS-credit-income-ITAT-taxscan.jpg "TDS credit can be claimed from the Country in which the related Income was Taxed: ITAT [Read Order]")
Inaccurate particulars of Income must be Coupled with Circumstantial Evidence: ITAT sets aside penalty u/s 271(1)(c) [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) consisting of Shri Waseem Ahmed, accountant member and Ms Madhumita Roy, Judicial member has held thatinaccurate particulars of income must...
![Inaccurate particulars of Income must be Coupled with Circumstantial Evidence: ITAT sets aside penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/income-circumstantial-evidence-ITAT-penalty-taxscan.jpeg "Inaccurate particulars of Income must be Coupled with Circumstantial Evidence: ITAT sets aside penalty u/s 271(1)(c) [Read Order]")