Read all Latest Updates on and about ITAT Cuttack

Top

Begin typing your search above and press return to search.

Home
»
ITAT Cuttack

Penalty cannot be levied u/s 271(1)(c) of Income Tax Act when Sustainability of Addition is Debatable: ITAT [Read Order]

Gayathri C.H

The Income Tax Appellate Tribunal (ITAT), Cuttack Bench, has recently, in an appeal filed before it, held that penalty cannot be levied u/s 271(1)(c)...

Revisional Order by PCIT will be invalid if Original Reassessment order was not validly passed:...

Vague Show Cause Notice: ITAT deletes Penalty u/s 271(1)(b) of Income Tax Act [Read Order]

Mistakes must be Expected during Migration from Physical Hearing to Faceless: ITAT Imposes Cost of...

Revisional Order against a Deceased Assessee is not valid: ITAT [Read Order]

Expenditure Incurred towards Computer Software and Stationery, Revenue in Nature: ITAT [Read Order]

The Cuttack Bench of the Income Tax Appellate Tribunal (ITAT), observed that expenditure incurred towards Computer Software and Stationery are Revenue in nature. The assessee in the present appeal...

Income Tax Benefit to Trust u/s 11 cannot be Denied for Mere One Day Delay in filing of Audit Report: ITAT [Read Order]

The Cuttack Bench of Income Tax Appellate Tribunal (ITAT) has held that the Income Tax benefit to trust under Section 11 of the Income Tax Act 1961 could not be denied for mere one day delay in...

Levy of 100% of Tax sought to be Evaded u/s 271AAA of Income Tax Act is Not “Typographical Error”: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT) recently held that levy of 100% of tax sought to be evaded under section 271AAA of Income Tax Act is not typographical error. Section 271AAA Income Tax Act...

Income Tax Return filed with Defect and Consequent Intimation u/s.143(1) is Invalid: ITAT [Read Order]

The Income Tax Appellate Tribunal ( ITAT), Cuttack Bench, has recently, in an appeal filed before it, held that the income tax return filed with defect and consequent intimation u/s.143(1) is...

Prior approval of CCIT/DGIT for Scrutiny Assessment is Mandatory: Orissa HC [Read Order]

The Orissa High Court held that Prior approval of Chief Commissioner of Income Tax (CCIT) or Director General of Income Tax (DGIT) for scrutiny assessment is mandatory. The appellant in the present...

Benefit not derived on Compulsory Afforestation done over Land not owned by Assessee: ITAT upholds deletion of Addition made on NPV [Read Order]

In a ruling in favour of Orissa Minning Corporation the Cuttack Bench, of the Income Tax Appellate Tribunal ( ITAT ), held that benefits were not derived from compulsory afforestation done on land...

Multiple Flats in Different Floors cannot be treated as Single Residential House for computing Capital Gain Exemption: ITAT grants Partial Relief [Read Order]

The Income Tax Appellate Tribunal (ITAT), Cuttack bench has held that the multiple flats in different floors of the same building cannot be treated as a single residential house for the purpose of...

Prev Page Next Page