Loss from Share Transactions cannot set off from Capital Gain from Sale of Property: ITAT
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Jaipur bench has held that the income tax law does not permit the assessee to set...
![ITAT quashes Penalty against SBI on TDS default [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/SBI-ITAT-Taxscan.jpg "ITAT quashes Penalty against SBI on TDS default [Read Order]")
![Late Fee for Default / Delay in submitting TDS Statement is Mandatory, can’t be avoided even Assessee has reasonable cause: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/TDS-Statement.jpg "Late Fee for Default / Delay in submitting TDS Statement is Mandatory, can’t be avoided even Assessee has reasonable cause: ITAT [Read Order]")
![No Tax Deduction for Education Expenses of Sole Proprietor: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Educational-Institutions-Taxscan.jpg "No Tax Deduction for Education Expenses of Sole Proprietor: ITAT [Read Order]")
No Disallowance of Expenditure for Non-Deduction of Tax on Services and Payments Made Outside of India: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that, No Disallowance of Expenditure for Non-Deduction of Tax on Services and Payments Made Outside of India. The ITAT has...
![No Disallowance of Expenditure for Non-Deduction of Tax on Services and Payments Made Outside of India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Expenditure-Taxscan.jpg "No Disallowance of Expenditure for Non-Deduction of Tax on Services and Payments Made Outside of India: 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 of income by the assessee, once the assessee has...
![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]")
Determining Fair Market Value of the Property without Converting Limited Scrutiny to Comprehensive Scrutiny is Nullity: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that, Determining Fair Market Value of the Property without Converting Limited Scrutiny to Comprehensive Scrutiny is Nullity. ...
![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]
In a recent case, the Income Tax Appellate Tribunal, Jaipur held that the notice under Section 148 of the Income Tax Act, issued in the name of the deceased assessee is a nullity in the eyes of law....
![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]
The Income Tax Appellate Tribunal (ITAT), Jaipur has held that the salary paid to teachers, lectures and staff by the college would not amount to the fee for technical services and the same is subject...
![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]")