![Late Fee can be imposed in cases where TDS Default Continued after 1.6.2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/TDS-Taxscan.jpg "Late Fee can be imposed in cases where TDS Default Continued after 1.6.2015: ITAT [Read Order]")
Late Fee can be imposed in cases where TDS Default Continued after 1.6.2015: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the late fee can be levied for delay in filing TDS Statement for the period...
![Interest to Partners by Firm as per Partnership Deed can’t be disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Interest-Taxscan.jpg "Interest to Partners by Firm as per Partnership Deed can’t be disallowed: ITAT [Read Order]")
![No Tax Deductible on Dealership for Sale of SIM Cards and Mobile Recharge Coupons: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/SIM-Cards-Taxscan.jpg "No Tax Deductible on Dealership for Sale of SIM Cards and Mobile Recharge Coupons: ITAT [Read Order]")
![Insignificant Decline in Gross Profit can’t be a Reason for Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/11/Gross-Profit-Taxscan.jpg "Insignificant Decline in Gross Profit can’t be a Reason for Addition: ITAT [Read Order]")
![Expenses incurred on Financial Charges allowable as Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Personal-Expenses-Taxscan.jpg "Expenses incurred on Financial Charges allowable as Expenditure: ITAT [Read Order]")
![Amount paid for discharge of Mortgage Interest deductible as Cost of Acquisition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Cost-of-Acquisition.jpg "Amount paid for discharge of Mortgage Interest deductible as Cost of Acquisition: ITAT [Read Order]")
Income being a Share in AOP or BOIs excludable while Computing Book Profit u/s 115JB: ITAT [Read Order]
The Jaipur bench of Income Tax Appellate Tribunal ( ITAT ) in Assistant Commissioner of Income Tax versus M/s Om Metal Infraproject Ltd, held that Income being a share in AOP or BOIs is to be excluded...
![Income being a Share in AOP or BOIs excludable while Computing Book Profit u/s 115JB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Book-Profit-Taxscan.jpg "Income being a Share in AOP or BOIs excludable while Computing Book Profit u/s 115JB: ITAT [Read Order]")
ITAT condones Delay of 387 Days in filing Appeal since Assessee was fighting with Chartered Accountant who filed False Returns [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has condoned a delay of 387 days in filing the appeal by the assessee by finding that there was a reasonable cause for such a delay as the...
![ITAT condones Delay of 387 Days in filing Appeal since Assessee was fighting with Chartered Accountant who filed False Returns [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Chartered-Accountant-ITAT-Taxscan.jpg "ITAT condones Delay of 387 Days in filing Appeal since Assessee was fighting with Chartered Accountant who filed False Returns [Read Order]")
ITAT confirms Addition Since Gift received from NRI Relative through Debtor couldn’t be Proved [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has confirmed an addition in respect of unexplained cash credits since the assessee failed to prove the genuineness of the gift received...
![ITAT confirms Addition Since Gift received from NRI Relative through Debtor couldn’t be Proved [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Gift-Tax-Taxscan-1.jpg "ITAT confirms Addition Since Gift received from NRI Relative through Debtor couldn’t be Proved [Read Order]")
Depreciation Claim on JCB can’t be disallowed merely on Ground of Delay in Registration: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the depreciation claim in respect of JCB cannot be disallowed merely on the ground that there was a delay in registration of...
![Depreciation Claim on JCB can’t be disallowed merely on Ground of Delay in Registration: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Depreciation-JCB-Taxscan.jpg "Depreciation Claim on JCB can’t be disallowed merely on Ground of Delay in Registration: ITAT [Read Order]")
Transaction can’t be treated as Bogus merely based on report of Investigation Wing: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that a transaction cannot be treated as bogus only on the basis of the report of Investigation Wing. In the instant case, the...
![Transaction can’t be treated as Bogus merely based on report of Investigation Wing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Cash-Transaction-Taxscan.jpg "Transaction can’t be treated as Bogus merely based on report of Investigation Wing: ITAT [Read Order]")
Notice under Section 148 after 4 years from the end of AY without obtaining a sanction Bad in Law: ITAT [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Smt. Sonu Khandelwal v. Income Tax Officer held that notice under Section 148 of the Income Tax Act after 4 years from the...
![Notice under Section 148 after 4 years from the end of AY without obtaining a sanction Bad in Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/ITAT-Taxscan.jpg "Notice under Section 148 after 4 years from the end of AY without obtaining a sanction Bad in Law: ITAT [Read Order]")