Income Tax Payers Advised to Look out for ITR-AIS Mismatch and File Updated Returns: CBDT Issues Press Release
The Central Board of Direct Taxes ( CBDT ) has released a press release on e-Verification Scheme, advising income taxpayers to file updated returns...
![Supreme Court allows Tenure Extension of ITAT Member for Delayed Appointment on Non-Filing of ITR in Madras Bar Association Plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Supreme-Court-tenure-extension-ITAT-member-delayed-appointment-ITR-non-filing-Madras-Bar-Association-case-ITAT-Taxscan.jpg "Supreme Court allows Tenure Extension of ITAT Member for Delayed Appointment on Non-Filing of ITR in Madras Bar Association Plea [Read Order]")
![Audit Report u/s 44B furnished along with ITR before Completion of Assessment: ITAT deletes Penalty u/s 271B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Audit-Report-ITR-Assessment-ITAT-Penalty-Income-Tax-Act-Income-Tax-Tax-Taxscan.jpg "Audit Report u/s 44B furnished along with ITR before Completion of Assessment: ITAT deletes Penalty u/s 271B of Income Tax Act [Read Order]")
![Filing of Fresh ITR Not Necessary If Assessee feels that Earlier Return should be Considered for Re-Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/ITR-Assessee-Return-Re-Assessment-ITAT-Taxscan.jpg "Filing of Fresh ITR Not Necessary If Assessee feels that Earlier Return should be Considered for Re-Assessment: ITAT [Read Order]")
Non-filing of Form 10B within Due Date and During Processing of ITR: ITAT Disallows Claim u/s 11 of Income Tax Act [Read Order]
The Pune Income Tax Appellate Tribunal ( ITAT ) denied the claim for exemption of income under section 11 of Income Tax Act on the ground that the Form No.10B was not filed along with the return of...
![Non-filing of Form 10B within Due Date and During Processing of ITR: ITAT Disallows Claim u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Form-10B-Due-Date-ITR-ITAT-Claim-Income-Tax-Act-Income-Tax-Tax-taxscan.jpg "Non-filing of Form 10B within Due Date and During Processing of ITR: ITAT Disallows Claim u/s 11 of Income Tax Act [Read Order]")
Checking, Cross-checking and Reconciliation of Data was A Very Lengthy Process and a Valid “Reasonable Cause” for Non-filing of ITR, No Penalty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, has recently, in an appeal filed before it, held that there is no penalty as checking, cross-checking and reconciliation of data was a very...
![Checking, Cross-checking and Reconciliation of Data was A Very Lengthy Process and a Valid “Reasonable Cause” for Non-filing of ITR, No Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Checking-Cross-checking-Reconciliation-Reasonable-Cause-ITR-Penalty-ITAT-TAXSCAN.jpg "Checking, Cross-checking and Reconciliation of Data was A Very Lengthy Process and a Valid “Reasonable Cause” for Non-filing of ITR, No Penalty: ITAT [Read Order]")
Filing of Income Tax Return of Company being Director but failure to file individual ITR: Mumbai Sessions Court confirms conviction u/s 276CC of Income Tax Act [Read Order]
The Mumbai Sessions Court confirmed conviction under Section 276CC of the Income Tax Act, 1961 on the ground that there was filing of the Income Tax Returns (ITR) of a company being director but...
![Filing of Income Tax Return of Company being Director but failure to file individual ITR: Mumbai Sessions Court confirms conviction u/s 276CC of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Return-ITR-Mumbai-Sessions-Court-Income-Tax-Act-TAXSCAN.jpg "Filing of Income Tax Return of Company being Director but failure to file individual ITR: Mumbai Sessions Court confirms conviction u/s 276CC of Income Tax Act [Read Order]")
Debarment of Haj Group Operator without due Consideration of ITR and CA Certificate is Arbitrary: Delhi HC [Read Order]
The Delhi High Court bench of Justice Yashwant Varma ruled that the debarment of Haj Group Operator without considering the Income Tax Returns rectified and the CA certificate is arbitrary. Also the...
Mere Claim of Interest of Housing Loan in ITR by Son of Assessee Would Not Absolve Capital Gain Tax Liability: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that a mere claim of interest on a housing loan in an Income Tax Return (ITR) by the son of the assessee would not absolve...
![Mere Claim of Interest of Housing Loan in ITR by Son of Assessee Would Not Absolve Capital Gain Tax Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Claim-Interest-of-Housing-Loan-Housing-Loan-Loan-ITR-Capital-Gain-Tax-Liability-Tax-Income-tax-taxscan.jpg "Mere Claim of Interest of Housing Loan in ITR by Son of Assessee Would Not Absolve Capital Gain Tax Liability: ITAT [Read Order]")
SC dismisses Petition Seeking ITR Mandatory for Car Purchase and Levy of Cess on Second Car [Read Order]
The Supreme Court of India has recently dismissed a petition seeking mandating Income Tax Returns (ITRs) for purchase of cars for personal use and introduction of cess levy on purchase of a second...
![SC dismisses Petition Seeking ITR Mandatory for Car Purchase and Levy of Cess on Second Car [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/SC-ITR-Mandatory-Car-Purchase-Second-Car-TAXSCAN.jpg "SC dismisses Petition Seeking ITR Mandatory for Car Purchase and Levy of Cess on Second Car [Read Order]")
No Interest Leviable on Joint Venture Company for filing ITR and Form 3CEB on Last Date of Return filing: ITAT [Read Order]
The Income Tax appellate tribunal in a case recently held that no interest was levied on joint Venture companies for filing Income Tax Return and Form 3CEB on the last date of return filing. ...
![No Interest Leviable on Joint Venture Company for filing ITR and Form 3CEB on Last Date of Return filing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/No-Interest-ITR-Form-3CEB-Return-ITAT-TAXSCAN.jpg "No Interest Leviable on Joint Venture Company for filing ITR and Form 3CEB on Last Date of Return filing: ITAT [Read Order]")