![Transfer of Capital Assets by a Company to Step down 100% Subsidiary Company would not attract Capital Gain Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Capital-Gain-Tax-Taxscan.jpg "Transfer of Capital Assets by a Company to Step down 100% Subsidiary Company would not attract Capital Gain Tax: ITAT [Read Order]")
Transfer of Capital Assets by a Company to Step down 100% Subsidiary Company would not attract Capital Gain Tax: ITAT [Read Order]
While hearing the case between M/s. Emami Infrastructure Limited vs. Income Tax Officer (ITO), Kolkata bench of Income Tax Appellate Tribunal (ITAT)...
![Sale consideration of Property seized by IT Department can’t be treated as Amount Invested as per S. 54EC Bond: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/54EC-Bond.jpg "Sale consideration of Property seized by IT Department can’t be treated as Amount Invested as per S. 54EC Bond: ITAT [Read Order]")
![ITAT Deletes Penalty since Delay in filing Audit Report was due to Dispute with Auditor [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Audit-Report-Taxscan.jpg "ITAT Deletes Penalty since Delay in filing Audit Report was due to Dispute with Auditor [Read Order]")
![ITAT Quashes Re-Assessment since Service of Notice by Affixture was done at a Wrong Address [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Re-Assessment-Taxscan.jpg "ITAT Quashes Re-Assessment since Service of Notice by Affixture was done at a Wrong Address [Read Order]")
Addition made Solely on the basis of a Confessional Statement without any Supporting Evidence is Invalid: ITAT [Read Order]
The Income Tax Appellate Tribunal in its recent order ruled that addition made under the Income Tax Act, 1961 solely on the basis of confessional statement without any supporting evidence is Invalid. ...
![Addition made Solely on the basis of a Confessional Statement without any Supporting Evidence is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Addition made Solely on the basis of a Confessional Statement without any Supporting Evidence is Invalid: ITAT [Read Order]")
No Addition since Interest has Accrued to the Assessee but has not been Realized: ITAT [Read Order]
The Income Tax Appellate Tribunal in its recent order ruled that no additions can be made since interest has accrued to the assessee but has not been realized. The bench comprising of Judicial Member...
![Kolkata Metro Rail Corpn. Ltd gets Tax Relief from ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Kolkata-Metro-Rail-Taxscan.jpg "Kolkata Metro Rail Corpn. Ltd gets Tax Relief from ITAT [Read Order]")
Assessing Officer can’t pass an Ex Parte order without Mentioning any reason for Confirming Addition on Merits: ITAT [Read Order]
The Income Tax Appellate Tribunal Kolkata bench recently pronounced that Assessing Officer cannot pass an ex parte order without mentioning any reason for confirming the addition on merits under the...
![Assessing Officer can’t pass an Ex Parte order without Mentioning any reason for Confirming Addition on Merits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Assessing Officer can’t pass an Ex Parte order without Mentioning any reason for Confirming Addition on Merits: ITAT [Read Order]")
![Penalty can’t be Levied for Delayed deduction of TDS Amount: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty can’t be Levied for Delayed deduction of TDS Amount: ITAT Kolkata [Read Order]")
