![ITAT Annual Digest [Part18]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-ANNUAL-DIGEST-ANNUAL-DIGEST-PART-18-ITAT-ANNUAL-DIGEST-PART-18-taxscan.jpg "ITAT Annual Digest [Part18]")
ITAT Annual Digest [Part18]
Belated Return cannot be Submitted After the Expiry of One Year from the End of the AY: ITAT Smt. Bhawna Nagori vs The ITO Ward-4 CITATION: 2023...
![Non-Acceptance of Fresh Evidence u/r 46A: ITAT remands Income Tax Appeal to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Evidence-Non-Acceptance-of-Fresh-Evidence-ITAT-Income-Tax-Appeal-CITA-ITAT-remands-Income-Tax-Appeal-to-CITA-taxscan.jpg "Non-Acceptance of Fresh Evidence u/r 46A: ITAT remands Income Tax Appeal to CIT(A) [Read Order]")
![Income Tax Department has no power to levy late fee and interest in respect of TDS as per intimation u/s 200A of IT Act prior to Amendment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Income-Tax-Department-levy-late-fee-interest-in-respect-TDS-intimation-IT-Act-Amendment-ITAT-taxscan.jpg "Income Tax Department has no power to levy late fee and interest in respect of TDS as per intimation u/s 200A of IT Act prior to Amendment: ITAT [Read Order]")
![No addition can made on Delay in filing Form No 10 within due date of ITR u/s 139 I.T Act when condoned by CIT(E): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-addition-on-Delay-in-filing-Form-No-10-due-date-of-ITR-I.T-Act-TAXSCAN.jpg "No addition can made on Delay in filing Form No 10 within due date of ITR u/s 139 I.T Act when condoned by CIT(E): ITAT [Read Order]")
![Filing of Confirmation, Affidavit, Bank Statement and Marking of Personal Presence is Sufficient to Consider Genuineness of Depositors: ITAT Deletes Addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Filing-of-Confirmation-Affidavit-Bank-Statement-and-Marking-of-Personal-Presence-is-Sufficient-to-Consider-Genuineness-of-Depositors-ITAT-Deletes-Addition-Income-Tax-Act-TAXSCAN.jpg "Filing of Confirmation, Affidavit, Bank Statement and Marking of Personal Presence is Sufficient to Consider Genuineness of Depositors: ITAT Deletes Addition u/s 68 of Income Tax Act [Read Order]")
Reserves and Subsidy created out of Profit after deduction of Tax shall not be taxable when credited to Partner's Capital Account: ITAT quashed Order of CIT(A) [Read Order]
The Jodhpur bench of the Income Tax Appellate Tribunal (ITAT) held that the reserves and subsidy created out of the profit after the deduction of tax shall not be taxable when credited to the...
![Reserves and Subsidy created out of Profit after deduction of Tax shall not be taxable when credited to Partners Capital Account: ITAT quashed Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Reserves-Subsidy-Reserves-and-Subsidy-created-out-of-Profit-Profit-deduction-Tax-deduction-of-Tax-taxscan.jpg "Reserves and Subsidy created out of Profit after deduction of Tax shall not be taxable when credited to Partners Capital Account: ITAT quashed Order of CIT(A) [Read Order]")
No Disallowance of Part of Director’s Remuneration and Depreciation When Business Stopped Due to Temporary Lull: ITAT [Read Order]
The Jodhpur Bench of Income Tax Appellate Tribunal (ITAT) no disallowance shall be made on the part of director’s remuneration when the business is stopped due to temporary lull. The...
![No Disallowance of Part of Director’s Remuneration and Depreciation When Business Stopped Due to Temporary Lull: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Disallowance-of-Part-of-Directors-Remuneration-and-Depreciation-Business-Stopped-Due-to-Temporary-Lull-ITAT-TAXSCAN.jpg "No Disallowance of Part of Director’s Remuneration and Depreciation When Business Stopped Due to Temporary Lull: ITAT [Read Order]")
Addition u/s 68 and Taxing u/s 115BBE cannot be Invoked, when Assessee not required to Maintain Books of Accounts: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jodhpur Bench, has recently in an appeal filed before it, held that addition under Section 68 and taxing under Section 115BBE cannot be invoked, when the...
![Addition u/s 68 and Taxing u/s 115BBE cannot be Invoked, when Assessee not required to Maintain Books of Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Addition-Taxing-Invoked-Assessee-Maintain-Books-of-Accounts-ITAT-TAXSCAN-1.jpg "Addition u/s 68 and Taxing u/s 115BBE cannot be Invoked, when Assessee not required to Maintain Books of Accounts: ITAT [Read Order]")
![Belated Return cannot be Submitted After the Expiry of One Year from the End of the AY: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Return-Submitted-AY-ITAT-TAXSCAN.jpg "Belated Return cannot be Submitted After the Expiry of One Year from the End of the AY: ITAT [Read Order]")
![Additions made on Estimation Basis: ITAT directs AO to delete Penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Additions-Estimation-Basis-Penalty-AO-Assessing-Officer-ITAT-Income-Tax-taxscan.jpg "Additions made on Estimation Basis: ITAT directs AO to delete Penalty u/s 271(1)(c) [Read Order]")
TDS u/s 194IA Applicable Only When Consideration for Transfer of Immovable Property is More than Rs.50 lacs: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jodhpur Bench, has recently, in an appeal filed before it, held that TDS under section 194IA is applicable, only when consideration for transfer immovable...
![TDS u/s 194IA Applicable Only When Consideration for Transfer of Immovable Property is More than Rs.50 lacs: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/TDS-Consideration-Transfer-of-Immovable-Property-Immovable-Property-ITAT-Income-Tax-taxscan.jpg "TDS u/s 194IA Applicable Only When Consideration for Transfer of Immovable Property is More than Rs.50 lacs: ITAT [Read Order]")
Revision of Erroneous Order prejudicial to Interests of Revenue: ITAT refuses to quash and stay operation of Order u/s 263 by CIT(E)
The Jodhpur Bench of the Income Tax Appellate Tribunal (ITAT), refused to quash and stay the operation of order under Section 263 of the Income Tax Act, 1961 by Commissioner of Income Tax (Exemption)...
