![ITAT dismisses appeal due to non compliance of notice issued by ITD for determining value of land u/s 50C of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-dismisses-appeal-non-compliance-notice-issued-ITD-for-determining-value-land-50C-Income-Tax-Act-TAXSCAN.jpg "ITAT dismisses appeal due to non compliance of notice issued by ITD for determining value of land u/s 50C of Income Tax Act [Read Order]")
ITAT dismisses appeal due to non compliance of notice issued by ITD for determining value of land u/s 50C of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, dismissed the appeal due to non-compliance with the notice issued by the Income Tax Department...
![Penalty u/s 271(1)(b) cant be imposed if Assessee Proves that there was a Reasonable Cause for Non-Compliance of Notice: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Penalty-Assessee-Proves-Reasonable-Cause-Non-Compliance-Notice-ITAT-taxscan.jpg "Penalty u/s 271(1)(b) cant be imposed if Assessee Proves that there was a Reasonable Cause for Non-Compliance of Notice: ITAT [Read Order]")
![Order passed by AO in Absence of Proper Inquiry shall be liable to Revision u/s 263 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Order-AO-Proper-Inquiry-Order-passed-by-AO-in-Absence-of-Proper-Inquiry-Revision-taxscan.jpg "Order passed by AO in Absence of Proper Inquiry shall be liable to Revision u/s 263 of Income Tax Act: ITAT [Read Order]")
![No addition can be made on Interest Received from Arbitration Award for Settle Dispute with respect to Contact of Payment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/addition-Interest-Arbitration-Award-Dispute-Contact-Payment-ITAT-taxscan.jpg "No addition can be made on Interest Received from Arbitration Award for Settle Dispute with respect to Contact of Payment: ITAT [Read Order]")
![No Penalty shall be Levied on Grounds of Non-Auditing of Accounts if Bonafidely Claims Exemption u/s 11 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-Penalty-shall-be-Levied-on-Grounds-of-Non-Auditing-of-Accounts-if-Bonafidely-Claims-Exemption-Income-Tax-Act-ITAT-TAXSCAN.jpg "No Penalty shall be Levied on Grounds of Non-Auditing of Accounts if Bonafidely Claims Exemption u/s 11 of Income Tax Act: ITAT [Read Order]")
MNIT Employee, being a Govt Employee, Eligible for Full Exemption of Earned Leave Encashment on Retirement: ITAT
The Jaipur Bench of Income Tax Appellate Tribunal (ITAT) has held that the Malviya National Institute of Technology (MNIT) employee being a government employee would be eligible for full exemption of...
Intimationand Demand u/s 143(1) Not Reflected on Income Tax Portal, No Consequent Grievances: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that since the intimation under section 143(1) of the Income Tax Act, 1961 is not reflected in the tax portal, there cannot be...
![Intimationand Demand u/s 143(1) Not Reflected on Income Tax Portal, No Consequent Grievances: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Intimationand-Demand-Income-Tax-Portal-ITAT-TAXSCAN.jpg "Intimationand Demand u/s 143(1) Not Reflected on Income Tax Portal, No Consequent Grievances: ITAT [Read Order]")
![ITAT grants Credit of FTC u/s 90 on Proper Filing of Form 67 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-grants-Credit-FTC-TAXSCAN.jpg "ITAT grants Credit of FTC u/s 90 on Proper Filing of Form 67 [Read Order]")
Instalment Payments outside time window do not debar claim of deduction u/s 54: ITAT upholds AO’s observation [Read Order]
The Income Tax Appellate Tribunal (ITAT) Jaipur has ruled that merely because the assessee has made payments in instalments and some of the instalments were paid prior to one year window before the...
![Instalment Payments outside time window do not debar claim of deduction u/s 54: ITAT upholds AO’s observation [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Installment-payment-debar-claim-of-deduction-ITAT-AO-Taxscan.jpg "Instalment Payments outside time window do not debar claim of deduction u/s 54: ITAT upholds AO’s observation [Read Order]")
ITAT grants Tax Exemption to Charitable Trust engaged in providing Mid-Day Meal to School Students [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jodhpur has recently allowed income tax exemption to a charitable Trust engaging in the activity of providing mid-day meals to school children and held that...
![ITAT grants Tax Exemption to Charitable Trust engaged in providing Mid-Day Meal to School Students [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/income-tax-exemption-ITAT-charitable-Trust-mid-day-meals-school-Taxscan.jpg "ITAT grants Tax Exemption to Charitable Trust engaged in providing Mid-Day Meal to School Students [Read Order]")
Another setback for Priyanka Chopra: ITAT confirms Addition in respect of Cash payment made for property at Bandra [Read Order]
In another ruling against actress Priyanka Chopra, the Mumbai bench of Income Tax Appellate Tribunal (ITAT) held that the actress is liable to pay tax for the purchase of property in respect of cash...
![Another setback for Priyanka Chopra: ITAT confirms Addition in respect of Cash payment made for property at Bandra [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Priyanka-Chopra-Taxscan-1.jpg "Another setback for Priyanka Chopra: ITAT confirms Addition in respect of Cash payment made for property at Bandra [Read Order]")
Priyanka Chopra admitted Cash Payment of Rs. 50 lakhs for Purchase of a Studio: ITAT Confirms Additions [Read Order]
While hearing the case of actress Priyanka Chopra Mumbai bench of Income Tax Appellate Tribunal (ITAT) confirmed the addition of cash payment of Rs. 50 Lakhs for the purchase of a studio since the...