![Interest not Leviable if TDS is paid before Completion of Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Interest-TDS-ITAT-Completion-of-Proceedings-Taxscan.jpg "Interest not Leviable if TDS is paid before Completion of Proceedings: ITAT [Read Order]")
Interest not Leviable if TDS is paid before Completion of Proceedings: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cuttack Bench ruled that no interest is leviable if TDS is timely deducted and paid to the Government...
![Transaction between Family Members for Bonafide Purpose not Loan or Deposit under section 269SS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Cash-Transaction-Taxscan.jpg "Transaction between Family Members for Bonafide Purpose not Loan or Deposit under section 269SS: ITAT [Read Order]")
![ITAT deletes Addition since Contribution to EPF and ESI was deposited before due date of filing Income Tax Return [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Income-Tax-filing-Tax-Scan.jpg "ITAT deletes Addition since Contribution to EPF and ESI was deposited before due date of filing Income Tax Return [Read Order]")
![Remuneration Paid to Trustees can’t be treated as Excessive without Sufficient Proof: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Managerial-Remuneration-Taxscan.jpg "Remuneration Paid to Trustees can’t be treated as Excessive without Sufficient Proof: ITAT [Read Order]")
Activity of Obtaining Loan from Banks to Advance Self-help Groups and Poor is a Charitable Activity: ITAT [Read Order]
The Cuttack bench of the Income Tax Appellate Tribunal (ITAT) has held that the activity of obtaining loan from banks to advance self-help groups and poor persons can be treated as the charitable...
![Activity of Obtaining Loan from Banks to Advance Self-help Groups and Poor is a Charitable Activity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Charitable-Activity-Taxscan.jpg "Activity of Obtaining Loan from Banks to Advance Self-help Groups and Poor is a Charitable Activity: ITAT [Read Order]")
Firm cannot be Assessed for Unexplained Cash Credit in respect of Capital introduced by Partner: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cuttack bench has held that a Firm cannot be assessed for the unexplained cash credit under Section 68 of the Income Tax Act, 1961 in respect of the capital...
![Firm cannot be Assessed for Unexplained Cash Credit in respect of Capital introduced by Partner: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Unexplained-Cash-Credit.jpg "Firm cannot be Assessed for Unexplained Cash Credit in respect of Capital introduced by Partner: ITAT [Read Order]")
No Disallowance of Expenditure merely on the basis of Surmises and Conjectures of AO: ITAT [Read Order]
The Cuttack bench of the Income Tax Appellate Tribunal ( ITAT ) has held that disallowance of expenditure cannot be merely on the basis of surmises and conjectures of the Assessing Officer. In the...
![No Disallowance of Expenditure merely on the basis of Surmises and Conjectures of AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Expenditure-Taxscan.jpg "No Disallowance of Expenditure merely on the basis of Surmises and Conjectures of AO: ITAT [Read Order]")
![Late Fee can’t be levied while processing TDS Statement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/TDS-Statement.jpg "Late Fee can’t be levied while processing TDS Statement: ITAT [Read Order]")
![No Penalty on Refund of Advance from Customers in Cash under a Bonafide Belief: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Cash-Deposits-Taxscan.jpg "No Penalty on Refund of Advance from Customers in Cash under a Bonafide Belief: ITAT [Read Order]")
Income Received by Charitable Institution from Training and Consultancy Fee from Corporates not a Commercial Activity: ITAT [Read Order]
The Cuttack bench of the Income Tax Appellate Tribunal (ITAT) has held that the income received by a charitable institution imparting education shall not be charged for receiving training and...
![Income Received by Charitable Institution from Training and Consultancy Fee from Corporates not a Commercial Activity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Consultancy-Fee-Taxscan.jpg "Income Received by Charitable Institution from Training and Consultancy Fee from Corporates not a Commercial Activity: ITAT [Read Order]")
![Non-Filing of Form 26A before DGIT (Systems) won’t attract Addition u/s 40(a)(ia): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Non-Filing of Form 26A before DGIT (Systems) won’t attract Addition u/s 40(a)(ia): ITAT [Read Order]")