![Capital Gain Exemption u/s 54F is available on Residential House Constructed on a Commercial Plot: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Deduction-Residential-Property.jpg "Capital Gain Exemption u/s 54F is available on Residential House Constructed on a Commercial Plot: ITAT [Read Order]")
Capital Gain Exemption u/s 54F is available on Residential House Constructed on a Commercial Plot: ITAT [Read Order]
The Jaipur bench of Income Tax Appellate Tribunal (ITAT) comprising of Judicial Member Vijay Pal Rao has held that Capital Gain Exemption is available...
![DDT cannot be brought to Tax in a different year Merely due to Mistake committed by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Dividend-Distribution-Tax.jpg "DDT cannot be brought to Tax in a different year Merely due to Mistake committed by Assessee: ITAT [Read Order]")
![Power of Attorney Holder cannot be assessed for Capital Gain received on Sale of Land: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Power-of-Attorney.jpg "Power of Attorney Holder cannot be assessed for Capital Gain received on Sale of Land: ITAT Jaipur [Read Order]")
![Notice u/s 143(2) has to be served to Assessee before the expiry of Limitation Period: ITAT Jaipur Deletes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Notice u/s 143(2) has to be served to Assessee before the expiry of Limitation Period: ITAT Jaipur Deletes Assessment Order [Read Order]")
![Delay in Filing E-TDS Return due to Non-availability of PAN of Deductees would not render Penalty: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/No-Penalty-TaxScan.jpg "Delay in Filing E-TDS Return due to Non-availability of PAN of Deductees would not render Penalty: ITAT Jaipur [Read Order]")
Bogus Purchase cannot be Alleged on the basis of Mere Non-Appearance of the Supplier: ITAT Jaipur [Read Order]
A division bench of the Jaipur ITAT in Beauty Tax v. DCIT, held that the allegation of bogus purchase cannot be confirmed on the basis of mere non-appearance of the supplier in absence of any other...
![Bogus Purchase cannot be Alleged on the basis of Mere Non-Appearance of the Supplier: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Bogus Purchase cannot be Alleged on the basis of Mere Non-Appearance of the Supplier: ITAT Jaipur [Read Order]")
Tax Benefit not available to Foreign Tours provided by SBI to Employees, TDS Applicable: ITAT Jaipur [Read Order]
In State Bank of India v. ACIT, the Jaipur bench of the Income Tax Appellate Tribunal (ITAT) held that the Leave Travel Concession (LTC) provided to the employees of SBI is not covered under section...
![Tax Benefit not available to Foreign Tours provided by SBI to Employees, TDS Applicable: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/SBI-Taxscan.jpg "Tax Benefit not available to Foreign Tours provided by SBI to Employees, TDS Applicable: ITAT Jaipur [Read Order]")
![Investment in the Excess Stock is Taxable as ‘Business Income’: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Investment-Taxscan.jpg "Investment in the Excess Stock is Taxable as ‘Business Income’: ITAT Jaipur [Read Order]")
Loss due to Fraud Committed by the Employees need not be proved by Producing Evidence of Legal Actions: ITAT Jaipur [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur bench, in M/s Pawan specialities Pvt Ltd v. ACIT, held that the loss due to fraud committed by the employees need not be proved by producing evidence...
Assessment based on Mere Suspicion or Probability of Earning Income is not Valid: ITAT Jaipur [Read Order]
The division bench of the Income Tax Appellate Tribunal (ITAT)Â Jaipur, in ACIT v. Kishore Singh Gehlot (HUF), held that assessment under the provisions of the Income Tax Act cannot be made merely on...
![Assessment based on Mere Suspicion or Probability of Earning Income is not Valid: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Assessment based on Mere Suspicion or Probability of Earning Income is not Valid: ITAT Jaipur [Read Order]")
TDS is not payable on Interest paid by a Co-Operative Bank to its members: ITAT Jaipur [Read Order]
The Jaipur ITAT, in a recent ruling observed that TDS provisions under the Income Tax act is not applicable to payments made by a cooperative bank in respect of interest amount paid to its members. ...
![TDS is not payable on Interest paid by a Co-Operative Bank to its members: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Tax-dedution-at-source-TDS-Tax-Scan.jpg "TDS is not payable on Interest paid by a Co-Operative Bank to its members: ITAT Jaipur [Read Order]")
Re-Assessment proceedings solely based on objection of Audit Para are Invalid: ITAT Jaipur [Read Order]
In a recent ruling, the Jaipur bench of the Income Tax appellate Tribunal held that the re-assessment under section 147 of the Income Tax Act are invalid if the same is based solely on the objection...
![Re-Assessment proceedings solely based on objection of Audit Para are Invalid: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Re-Assessment proceedings solely based on objection of Audit Para are Invalid: ITAT Jaipur [Read Order]")