![Non-Residents Salary/Allowance for Services Rendered Abroad not Taxable in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Non-Residents-Salary-ITAT-updates-tax-in-india-Tax-updates-taxscan.jpg "Non-Residents Salary/Allowance for Services Rendered Abroad not Taxable in India: ITAT [Read Order]")
Non-Resident's Salary/Allowance for Services Rendered Abroad not Taxable in India: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that a non-resident's salary or allowance for services rendered abroad is not...
![Explanation 3 to Section 147 of Income Tax Act cannot be extended to make New Addition beyond Initial Reopening Assessment Reasons: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Explanation-3-to-Section-147-of-Income-Tax-Act-New-Addition-Initial-Reopening-Assessment-Reasons-ITAT-quashes-taxscan.jpg "Explanation 3 to Section 147 of Income Tax Act cannot be extended to make New Addition beyond Initial Reopening Assessment Reasons: ITAT quashes Order [Read Order]")
![TDS filing Delayed due to Paucity of Funds and Interest Duly Paid: ITAT deletes Penalty u/s 272(2)(k) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-TDS-TDS-filing-taxscan.jpg "TDS filing Delayed due to Paucity of Funds and Interest Duly Paid: ITAT deletes Penalty u/s 272(2)(k) [Read Order]")
![TDS interest paid on Account of Expenses on repair and maintenance of Aircrafts not allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/TDS-interest-paid-account-of-expenses-repair-and-Maintenance-of-Aircrafts-ITAT-TAXSCAN.jpg "TDS interest paid on Account of Expenses on repair and maintenance of Aircrafts not allowable: ITAT [Read Order]")
![Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Gross-Receipts-of-Charitable-Trust-Mentioned-us-215-of-Income-Tax-Act-Registration-Cancellation-ITAT-TAXSCAN.jpg "Gross Receipts of Charitable Trust Exceeding Threshold Mentioned u/s 2(15) of Income Tax Act Not a Ground for Registration Cancellation: ITAT [Read Order]")
Share Capital from Directors and Shareholders of Company duly discharged with Evidence: ITAT deletes addition u/s 68 of Income Tax Act [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) ruled that share capital received from directors and shareholders of the company was duly discharged with evidence . Therefore the bench ...
![Share Capital from Directors and Shareholders of Company duly discharged with Evidence: ITAT deletes addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Share-Capital-Directors-Shareholders-Directors-and-Shareholders-of-Company-ITAT-taxscan.jpg "Share Capital from Directors and Shareholders of Company duly discharged with Evidence: ITAT deletes addition u/s 68 of Income Tax Act [Read Order]")
Voluntary Disallowance of Expense u/s 40 (a) (ia) not a base to treat Taxpayer as 'Assessee in Default': ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has held that voluntary disallowance of an expense under section 40 (a) (ia) of the Income Tax Act, 1962 is not a base to treat a...
![Voluntary Disallowance of Expense u/s 40 (a) (ia) not a base to treat Taxpayer as Assessee in Default: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-Disallowance-of-Expense-Voluntary-Disallowance-of-Expense-TAXSCAN.jpg "Voluntary Disallowance of Expense u/s 40 (a) (ia) not a base to treat Taxpayer as Assessee in Default: ITAT [Read Order]")
![Punitive damages not allowable as Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Punitive-damages-Expenditure-ITAT-Punitive-damages-not-allowable-as-Expenditure-taxscan-1.jpg "Punitive damages not allowable as Expenditure: ITAT [Read Order]")
![TDS u/S 194 C of Income tax act is applicable on CAM charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-Delhi-Income-tax-TDS-Common-area-maintenance-charges-Income-tax-act-is-applicable-on-CAM-charges-ITAT-ruling-on-TDS-TAXSCAN-1.jpg "TDS u/S 194 C of Income tax act is applicable on CAM charges: ITAT [Read Order]")
![ITAT Annual Digest [Part 69]](https://www.taxscan.in/wp-content/uploads/2024/01/itat-annual-digest-taxscan-taxnews-.jpg "ITAT Annual Digest [Part 69]")
Charitable Institution’s Gross Receipts Surpass Threshold Prescribed u/s 2(15) of Income Tax Act; No Registration Cancellation Required: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) has ruled that even if the gross receipts of the assessee exceeds the threshold limit prescribed in the proviso under Section 2(15) of the...
![Charitable Institution’s Gross Receipts Surpass Threshold Prescribed u/s 2(15) of Income Tax Act; No Registration Cancellation Required: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Charitable-institution-Tax-implications-for-charitable-organizations-Tax-treatment-of-charitable-institutions-Exemption-criteria-for-charitable-entities-Taxscan.jpg "Charitable Institution’s Gross Receipts Surpass Threshold Prescribed u/s 2(15) of Income Tax Act; No Registration Cancellation Required: ITAT [Read Order]")
ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has annulled the disallowance of a long-term capital loss arising from the sale of shares of a private company to its initial promoters. In...
![ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-disallowance-Long-Term-Capital-Sale-of-Share-Capital-Loss-ITAT-Delhi-taxscan.jpg "ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]")