![Form 3CM and Form 3CL issued by DSIR is not mandatory for allowing deduction u/s 35(1)(i) of Income Tax Act: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Form-3CM-and-Form-3CL-issued-by-DSIR-deduction-Income-Tax-Act-ITAT-quashes-Revision-Order-TAXSCAN.jpg "Form 3CM and Form 3CL issued by DSIR is not mandatory for allowing deduction u/s 35(1)(i) of Income Tax Act: ITAT quashes Revision Order [Read Order]")
Form 3CM and Form 3CL issued by DSIR is not mandatory for allowing deduction u/s 35(1)(i) of Income Tax Act: ITAT quashes Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai held that Form 3CM and Form 3CL issued by DSIR is not mandatory for allowing deduction under Section...
![Non-Compliance of E-notice due to non-Reaching to Concerned Officials as Employee Handling Matter left Company is a Reasonable Cause: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Non-Compliance-of-E-notice-due-to-non-Reaching-to-Concerned-Officials-as-Employee-Handling-Matter-left-Company-is-a-Reasonable-Cause-ITAT-TAXSCAN.jpg "Non-Compliance of E-notice due to non-Reaching to Concerned Officials as Employee Handling Matter left Company is a Reasonable Cause: ITAT [Read Order]")
![Mere Suspicion cannot take place for the purpose of passing an Order: ITAT deletes Addition made u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Mere-Suspicion-place-for-the-purpose-of-passing-an-Order-ITAT-deletes-Addition-Income-Tax-Act-TAXSCAN.jpg "Mere Suspicion cannot take place for the purpose of passing an Order: ITAT deletes Addition made u/s 68 of Income Tax Act [Read Order]")
![Mere System Error is no basis for Disallowance: ITAT allows full Deduction to Assessee u/s 10AA after Re-computation by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Mere-system-error-is-no-basis-for-disallowance-ITAT-allows-full-deduction-re-computation-by-AO-TAXSCAN.jpg "Mere System Error is no basis for Disallowance: ITAT allows full Deduction to Assessee u/s 10AA after Re-computation by AO [Read Order]")
Penalty u/s 271(1)(c) of the Income Tax Act Cannot be Imposed for Mistake by Accountant: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that a penalty cannot be imposed under Section 271(1)(c) of the Income Tax Act, 1961 (the Act) for a mistake made by the...
![Penalty u/s 271(1)(c) of the Income Tax Act Cannot be Imposed for Mistake by Accountant: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penalty-Income-Tax-Act-Imposed-for-Mistake-by-Accountant-ITAT-TAXSCAN.jpg "Penalty u/s 271(1)(c) of the Income Tax Act Cannot be Imposed for Mistake by Accountant: ITAT [Read Order]")
Consultant's failure to comply with Notice of CIT-Exemptions won't result in Non-registration of Trust u/s 12A of Income Tax Act: ITAT Condones delay of 671 days [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the consultant’s failure to comply with the notice of the Commissioner of Income Tax (CIT) Exemptions won’t result in...
![Consultants failure to comply with Notice of CIT-Exemptions wont result in Non-registration of Trust u/s 12A of Income Tax Act: ITAT Condones delay of 671 days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Notice-of-CIT-Exemptions-Notice-CIT-Exemptions-CIT-Non-registration-of-Trust-Non-registration-Trust-Income-Tax-Act-Income-Tax-ITAT-Condones-delay-Taxscan.jpg "Consultants failure to comply with Notice of CIT-Exemptions wont result in Non-registration of Trust u/s 12A of Income Tax Act: ITAT Condones delay of 671 days [Read Order]")
Deduction claimed u/s 80C of Income Tax Act can't be rejected merely on ground of Non-mentioning of Claim in ITR: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the deduction claimed under Section 80C of the Income Tax Act, 1961 cannot be rejected merely on the ground of non-mentioning...
![Deduction claimed u/s 80C of Income Tax Act cant be rejected merely on ground of Non-mentioning of Claim in ITR: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Deduction-claimed-Income-Tax-Act-cant-be-rejected-of-Non-mentioning-of-Claim-ITR-ITAT-TAXSCAN.jpg "Deduction claimed u/s 80C of Income Tax Act cant be rejected merely on ground of Non-mentioning of Claim in ITR: ITAT [Read Order]")
Mere Search Statement Recorded from Third Parties 5 years ago not Relevant for Framing Current Assessment: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that mere search statements recorded from third parties 5 years ago would not be relevant for framing the current assessment year. ...
![Mere Search Statement Recorded from Third Parties 5 years ago not Relevant for Framing Current Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Search-Statement-Recorded-from-Third-Parties-Search-Statement-Statement-Recorded-Third-Parties-Framing-Current-Assessment-Current-Assessment-Assessment-ITAT-Taxscan.jpg "Mere Search Statement Recorded from Third Parties 5 years ago not Relevant for Framing Current Assessment: ITAT [Read Order]")
Additions u/s 40A(3) of Income Tax Act can't be Initiated by AO without Furnishing Necessary Evidences: ITAT orders for Re-Consideration [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) held that additions under Section 40A(3) of the Income Tax Act, 1961 cannot be initiated by the assessing officer without furnishing...
![Additions u/s 40A(3) of Income Tax Act cant be Initiated by AO without Furnishing Necessary Evidences: ITAT orders for Re-Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Additions-Income-Tax-Act-Income-Tax-Income-Tax-Act-cant-be-Initiated-by-AO-without-Furnishing-Necessary-Evidences-AO-ITAT-Taxscan.jpg "Additions u/s 40A(3) of Income Tax Act cant be Initiated by AO without Furnishing Necessary Evidences: ITAT orders for Re-Consideration [Read Order]")
Registration u/s 12AA of Income Tax Act can't be denied if Charitable Trust is genuinely performing its object of imparting Education: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) held that the registration under Section 12AA of the Income Tax Act, 1961 cannot be denied if the charitable trust is genuinely performing...
![Registration u/s 12AA of Income Tax Act cant be denied if Charitable Trust is genuinely performing its object of imparting Education: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Registration-Income-Tax-Act-Income-Tax-Charitable-Trust-Trust-imparting-Education-Education-ITAT-Taxscan.jpg "Registration u/s 12AA of Income Tax Act cant be denied if Charitable Trust is genuinely performing its object of imparting Education: ITAT [Read Order]")