![Delay in filing TDS would attracts Late Fee u/s 243E of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/TDS-filing-TDS-Late-Fee-Income-Tax-Act-Income-tax-ITAT-taxscan.jpg "Delay in filing TDS would attracts Late Fee u/s 243E of Income Tax Act: ITAT [Read Order]")
Delay in filing TDS would attracts Late Fee u/s 243E of Income Tax Act: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT) of Amritsar bench, entertained by M.L. Meera (Accountant Member) and Anikesh Banerjee (Judicial Member) upheld...
![MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/MSME-Income-Tax-Exemption-under-Income-Tax-Act-ITAT-TAXSCAN.jpg "MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]")
![Reassessment proceeding is not valid when there is no connection between recorded reason and Addition of the Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Reassessment-Income-ITAT-taxscan.jpg "Reassessment proceeding is not valid when there is no connection between recorded reason and Addition of the Income: ITAT [Read Order]")
![Assessee has no liability to maintain Books of Account when availed the Presumptive Scheme u/s 44AD: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Books-of-Account-Presumptive-Scheme-ITAT-taxscan.jpeg "Assessee has no liability to maintain Books of Account when availed the Presumptive Scheme u/s 44AD: ITAT [Read Order]")
![ITAT quashes Assessment Order on Non-Service of Notice to relevant Address of Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Assessment-Order-Assessee-taxscan.jpg "ITAT quashes Assessment Order on Non-Service of Notice to relevant Address of Assessee [Read Order]")
![No TDS on Discount given to Distributors on Sale of Prepaid Sim Card u/s 194H: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/TDS-Distributors-Prepaid-Sim-Card-ITAT-taxscan.jpeg "No TDS on Discount given to Distributors on Sale of Prepaid Sim Card u/s 194H: ITAT [Read Order]")
Disallowance of Expense not sustainable when Non-Availability of Expense Voucher happened due to Flood: ITAT [Read Order]
The Amritsar bench of Income Tax Appellate Tribunal (ITAT) has held that disallowance of expense is not sustainable when the non-availability of expense vouchers happened due to a flood. The...
![Disallowance of Expense not sustainable when Non-Availability of Expense Voucher happened due to Flood: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Disallowance-of-expense-expense-voucher-flood-ITAT-Taxscan.jpeg "Disallowance of Expense not sustainable when Non-Availability of Expense Voucher happened due to Flood: ITAT [Read Order]")
Addition u/s 69 can't make without considering Corroborative Evidence, an opportunity to hear must be given: ITAT [Read Order]
The Amritsar bench of Income Tax Appellate Tribunal (ITAT) consisting of Dr M L Meena, AM and Shri Anikesh Banerjee, JM has held that addition u/s 69 of the Income Tax Act 1961 can’t make without...
![Addition u/s 69 cant make without considering Corroborative Evidence, an opportunity to hear must be given: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Addition-corroborative-evidence-opportunity-ITAT-Taxscan.jpeg "Addition u/s 69 cant make without considering Corroborative Evidence, an opportunity to hear must be given: ITAT [Read Order]")
Disallowance can’t be made on Payment to PF and ESI before due date u/s 139(1): ITAT [Read Order]
The Amritsar bench of Income Tax Appellate Tribunal (ITAT) consisting of Dr. M L Meena, AM, and Shri Anikesh Banerjee, JM has held that disallowance can’t be made on payment to PF and ESI before the...
![Disallowance can’t be made on Payment to PF and ESI before due date u/s 139(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Disallowance-payment-PF-and-ESI-ITAT-Taxscan.jpg "Disallowance can’t be made on Payment to PF and ESI before due date u/s 139(1): ITAT [Read Order]")
Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Amritsar Bench consisting of M L Meena, Accountant Member and Anikesh Banerjee, Judicial Member has held that non-capitalisation interest of loan on plant...
![Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Interest-of-loans-Plant-Machinery-CWP-capitalised-Disallowed-ITAT-Taxscan.jpeg "Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order]")
Assessee to claim Deduction of Employee's Share of ESI & PF if deposited prior to ITR filing: ITAT [Read Order]
The Amritsar Bench of Income Tax Appellate Tribunal (ITAT) held that the assessee to claim deduction of employee's share of ESI & PF if deposited prior to ITR filing. The assessee, Vinko Auto...
![Assessee to claim Deduction of Employees Share of ESI & PF if deposited prior to ITR filing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/esi-and-PF.jpg "Assessee to claim Deduction of Employees Share of ESI & PF if deposited prior to ITR filing: ITAT [Read Order]")
No fault of Assessee for Non-deduction of TDS once Certificate has been issued by Recipient: ITAT grants relief to State Bank of Patiala [Read Order]
In relief to State Bank of Patiala, the Amritsar Bench of Income Tax Appellate Tribunal (ITAT) held that there is no fault of assessee for non-deduction of TDS once certificate has been issued by the...
![No fault of Assessee for Non-deduction of TDS once Certificate has been issued by Recipient: ITAT grants relief to State Bank of Patiala [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/ITAT-State-Bank-of-Patiala-TDS-Taxscan.jpeg "No fault of Assessee for Non-deduction of TDS once Certificate has been issued by Recipient: ITAT grants relief to State Bank of Patiala [Read Order]")