![Interim Relief to AWS: ITAT Stays Recovery of Rs. 549 Crores towards Addition of Income from Cloud Computing Services [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/AWS-ITAT-Addition-Income-Computing-Services-TAXSCAN.jpg "Interim Relief to AWS: ITAT Stays Recovery of Rs. 549 Crores towards Addition of Income from Cloud Computing Services [Read Order]")
Interim Relief to AWS: ITAT Stays Recovery of Rs. 549 Crores towards Addition of Income from Cloud Computing Services [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has granted interim relief to Amazon Web Services (AWS) by staying recovery of Rs 549...
![Income Calculated without considering Capital Expenditure is not valid: Orissa HC upholds ITAT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-Capital-Expenditure-Orissa-High-Court-ITAT-ITAT-Order-Taxscan.jpg "Income Calculated without considering Capital Expenditure is not valid: Orissa HC upholds ITAT Order [Read Order]")
![Penal Provisions of S. 271AAB and 115BBE cannot Attract Once Search Addition and Amount declared u/s 132(4) Accepted by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Search-Addition-Assessee-ITAT-TAXSCAN.jpg "Penal Provisions of S. 271AAB and 115BBE cannot Attract Once Search Addition and Amount declared u/s 132(4) Accepted by Assessee: ITAT [Read Order]")
Income of Fine, Lab Fee, Founder Day Charges, Photograph Charges are Incidental to Running of Educational Institution: ITAT Allows Income Tax Exemption [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) recently allowed income tax exemptions to educational institutions for income of fine, lab free, founder day charges, photograph charges. ...
![Income of Fine, Lab Fee, Founder Day Charges, Photograph Charges are Incidental to Running of Educational Institution: ITAT Allows Income Tax Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Lab-Fee-Photograph-Charges-Educational-Institution-ITAT-Income-Tax-Exemption-TAXSCAN.jpg "Income of Fine, Lab Fee, Founder Day Charges, Photograph Charges are Incidental to Running of Educational Institution: ITAT Allows Income Tax Exemption [Read Order]")
![No Penalty If Income Already Offered to Tax by Different Entity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Penalty-Income-Tax-by-Different-Entity-ITAT-TAXSCAN.jpg "No Penalty If Income Already Offered to Tax by Different Entity: ITAT [Read Order]")
TDS on Interest on Bank Deposit cannot be denied due to Non-Submission of Statement by Wife while Clubbing Income: ITAT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) has held that Tax Deduction at Source on interest on bank deposit could not be denied due to non-submission of statement by wife while clubbing...
![TDS on Interest on Bank Deposit cannot be denied due to Non-Submission of Statement by Wife while Clubbing Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/TDS-TDS-on-Interest-Bank-Deposit-Non-Submission-of-Statement-Wife-Clubbing-Income-Income-ITAT-Income-Tax-taxscan.jpg "TDS on Interest on Bank Deposit cannot be denied due to Non-Submission of Statement by Wife while Clubbing Income: ITAT [Read Order]")
Supreme Court remands mater to AO regarding Exemption of Newspaper’s Income utilised for Charity [Read Judgement]
The Supreme Court of India remanded mater to the Assessing Officer (AO) regarding exemption of Newspaper’s Income utilised for charity. The respondent/assessee society, Servants of People Society,...
Income Tax Exemption to Trust u/s 11 cannot be Denied in respect of Income from Letting Out of School Auditorium for Public: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that Income Tax exemption to trust u/s 11 cannot be denied in respect of income from letting...
![Income Tax Exemption to Trust u/s 11 cannot be Denied in respect of Income from Letting Out of School Auditorium for Public: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Exemption-Denied-Income-School-Auditorium-Public-ITAT-TAXSCAN.jpg "Income Tax Exemption to Trust u/s 11 cannot be Denied in respect of Income from Letting Out of School Auditorium for Public: ITAT [Read Order]")
Repayment of Debt is Application of Income If Such Debt Was Taken as Part of Receipts of Charitable Trust: ITAT [Read Order]
The Income Tax Appellate Tribunal ITAT) recently held that repayment of debt is application of income if such debt was taken as part of receipts of charitable trust. Assessee , Spiritual...
![Repayment of Debt is Application of Income If Such Debt Was Taken as Part of Receipts of Charitable Trust: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Repayment-Debt-Income-Charitable-Trust-ITAT-TAXSCAN.jpg "Repayment of Debt is Application of Income If Such Debt Was Taken as Part of Receipts of Charitable Trust: ITAT [Read Order]")