![No Penalty even If Some Discrepancies found during Survey Once the Assessee already declared the Income in Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/Cross-Examination-ITAT-Taxscan.jpg "No Penalty even If Some Discrepancies found during Survey Once the Assessee already declared the Income in Return: ITAT [Read Order]")
No Penalty even If Some Discrepancies found during Survey Once the Assessee already declared the Income in Return: ITAT [Read Order]
In recent case Income Tax Appellate Tribunal ( ITAT ), Jaipur held that even if some discrepancies were found during the survey resulting in surrender...
![Determining Fair Market Value of the Property without Converting Limited Scrutiny to Comprehensive Scrutiny is Nullity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/12/Fair-Market-Value-Taxscan.jpg "Determining Fair Market Value of the Property without Converting Limited Scrutiny to Comprehensive Scrutiny is Nullity: ITAT [Read Order]")
![Notice u/s 148 issued in the Name of the Deceased Assessee is Nullity in the Eyes of Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Notice-Taxscan.jpg "Notice u/s 148 issued in the Name of the Deceased Assessee is Nullity in the Eyes of Law: ITAT [Read Order]")
![Salary to Teachers / Lectures / Staff of College subject to TDS u/s 192, not FTS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Cooperative-Society-TDS-GST-Taxscan.jpg "Salary to Teachers / Lectures / Staff of College subject to TDS u/s 192, not FTS: ITAT [Read Order]")
![No Deduction since Sale was made in Cash under Unregistered Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Unregistered-Deed-ITAT-Taxscan.jpg "No Deduction since Sale was made in Cash under Unregistered Deed: ITAT [Read Order]")
Tribunal condones Delay as Chartered Accountant was Busy with ICAI Election, asks to Pay Cost of Rs. 2,500/- [Read Order]
In a recent ruling, the Jaipur bench of the ITAT has condoned the delay in filing an appeal before the Commissioner of Income Tax (Appeals) as the Chartered Accountant of the assessee was busy with...
![Tribunal condones Delay as Chartered Accountant was Busy with ICAI Election, asks to Pay Cost of Rs. 2,500/- [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/06/Chartered-Accountant-ITAT-Taxscan.jpg "Tribunal condones Delay as Chartered Accountant was Busy with ICAI Election, asks to Pay Cost of Rs. 2,500/- [Read Order]")
![Defect of Manual Filing of Appeal instead of E-Filing is Curable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/e-filing-vault-Taxscan.jpg "Defect of Manual Filing of Appeal instead of E-Filing is Curable: ITAT [Read Order]")
Taxability of Interest on Compensation under Motor Vehicle Act: ITAT directs to follow upcoming SC Verdict [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur has directed the Assessing Officer to wait till the Supreme Court pronounce a judgment in Sharda Pareek v. Assistant Commissioner of Income Tax &...
![Taxability of Interest on Compensation under Motor Vehicle Act: ITAT directs to follow upcoming SC Verdict [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Compensation-ITAT-Taxscan.jpg "Taxability of Interest on Compensation under Motor Vehicle Act: ITAT directs to follow upcoming SC Verdict [Read Order]")
Mere Suspicion that Expenditure is for Non-Business purposes can’t be Ground for Addition: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT ) has held that addition cannot made merely on the ground that the expenditure is for non-business purposes. During the assessment...
![Mere Suspicion that Expenditure is for Non-Business purposes can’t be Ground for Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Expenditure-Taxscan.jpg "Mere Suspicion that Expenditure is for Non-Business purposes can’t be Ground for Addition: ITAT [Read Order]")
Delay in Statutory Audit is a Reasonable Cause for late filing of Tax Audit Report: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur has held that the delay in the completion of the statutory audit can be a reasonable cause for delay in filing of the tax audit report. Coming to the...
![Delay in Statutory Audit is a Reasonable Cause for late filing of Tax Audit Report: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Audit-Report-Taxscan.jpg "Delay in Statutory Audit is a Reasonable Cause for late filing of Tax Audit Report: ITAT [Read Order]")
![Making Wrong Claim u/s 54 instead of 54F wouldn’t attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Wrong-Claim-ITAT-Deduction-Taxscan.jpg "Making Wrong Claim u/s 54 instead of 54F wouldn’t attract Penalty: ITAT [Read Order]")