![Accumulated amount must be invested in modes specified u/s 11(5) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Accumulated-amount-invested-Income-Tax-Act-ITAT-Taxscan.jpeg "Accumulated amount must be invested in modes specified u/s 11(5) of Income Tax Act: ITAT [Read Order]")
Accumulated amount must be invested in modes specified u/s 11(5) of Income Tax Act: ITAT [Read Order]
The Lucknow bench of the Income Tax Appellate Tribunal (ITAT) has held that accumulation of surplus amount must be invested in modes specified under...
![Assessments in Limited Scrutiny Cases only with the Approval of Principal Commissioner: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/CST-Assessments-Taxscan.jpg "Assessments in Limited Scrutiny Cases only with the Approval of Principal Commissioner: ITAT [Read Order]")
![Rent from Sub-Letting of Warehouse is “Other Income”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/Rent-Income-Taxscan.jpg "Rent from Sub-Letting of Warehouse is “Other Income”: ITAT [Read Order]")
![Frequent Withdrawal and Deposit of Own Money not Prohibited by Law: ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Money-Laundering-Taxscan.jpg "Frequent Withdrawal and Deposit of Own Money not Prohibited by Law: ITAT Deletes Addition [Read Order]")
![Surplus earned by Trust while imparting Education not Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/07/Education-Trust.jpg "Surplus earned by Trust while imparting Education not Business Income: ITAT [Read Order]")
![No Penalty if Assessee Wrongly mentioned PAN in place of TAN in TDS Challan: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/PAN-Penalty-TAN-Taxscan.jpg "No Penalty if Assessee Wrongly mentioned PAN in place of TAN in TDS Challan: ITAT [Read Order]")
![Civil Contractor can’t be penalized u/s 271A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Civil-Contractor-Taxscan.jpg "Civil Contractor can’t be penalized u/s 271A of Income Tax Act: ITAT [Read Order]")
![Section 50C not applicable to Cold Storage Building: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Cold-Storage-Taxscan.jpg "Section 50C not applicable to Cold Storage Building: ITAT [Read Order]")
Charitable Nature of Society’s Activities can’t be suspected as the same was within its objects as given in the Bye-Laws: ITAT [Read Order]
Income Tax Appellate Tribunal, Lucknow bench recently held that the charitable nature of the activities of a society cannot be suspected as the same was within its objects as given in the bye-laws. ...
![Charitable Nature of Society’s Activities can’t be suspected as the same was within its objects as given in the Bye-Laws: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Charitable-Nature-Taxscan.jpg "Charitable Nature of Society’s Activities can’t be suspected as the same was within its objects as given in the Bye-Laws: ITAT [Read Order]")
ITAT deletes Addition for Cash Deposits in Bank since Assessee had sufficient Cash in hand, says No Need to Tally Notes Withdrawn & Deposited [Read Order]
While hearing the case of Dy.C.I.T vs. Shri Sudhir Shankar Halwasiya, Lucknow bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition for cash deposits in Bank considering the fact that...
![ITAT deletes Addition for Cash Deposits in Bank since Assessee had sufficient Cash in hand, says No Need to Tally Notes Withdrawn & Deposited [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Cash-deposit-min.jpg "ITAT deletes Addition for Cash Deposits in Bank since Assessee had sufficient Cash in hand, says No Need to Tally Notes Withdrawn & Deposited [Read Order]")
Registration cannot be denied to a Charitable Society for Non-submission of Form 10B: ITAT [Read Order]
In the case of B.C. Sharma Memorial Society vs Commissioner of Income Tax (CIT), Lucknow bench of Income Tax Appellate Tribunal (ITAT) ruled that registration under section 12AA of the Income Tax Act...
![Registration cannot be denied to a Charitable Society for Non-submission of Form 10B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Charitable-Activities-Taxscan.jpg "Registration cannot be denied to a Charitable Society for Non-submission of Form 10B: ITAT [Read Order]")
![No Penalty when Assessee co-operated in Re-opening Proceedings and Paid Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty when Assessee co-operated in Re-opening Proceedings and Paid Tax: ITAT [Read Order]")