![Section 43CA of Income Tax Act not Applicable to Sale Agreement Entered Before 1.4.2014: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Section-Income-Tax-Act-Applicable-Sale-Agreement-ITAT-taxscan.jpg "Section 43CA of Income Tax Act not Applicable to Sale Agreement Entered Before 1.4.2014: ITAT deletes Addition [Read Order]")
Section 43CA of Income Tax Act not Applicable to Sale Agreement Entered Before 1.4.2014: ITAT deletes Addition [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition holding that Section 43CA of the Income Tax Act 1961 would not...
![Expenses incurred for Repairing Machines for Running Petrol Pump Business are Revenue nature: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Expenses-incurred-for-repairing-machines-repairing-machines-running-petrol-pump-business-are-revenue-nature-ITAT-deletes-penalty-petrol-pump-business-taxscan.jpg "Expenses incurred for Repairing Machines for Running Petrol Pump Business are Revenue nature: ITAT deletes Penalty [Read Order]")
![CPC not within Jurisdiction to Disallow Deduction u/s 80P of Income Tax Act: ITAT Allows West Bengal Cooperative Societys Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/CPC-CPC-not-within-Jurisdiction-Jurisdiction-Disallow-Deduction-Income-Tax-Act-Income-Tax-ITAT-taxscan.jpg "CPC not within Jurisdiction to Disallow Deduction u/s 80P of Income Tax Act: ITAT Allows West Bengal Cooperative Societys Claim [Read Order]")
![Defect in Issue of Notice: ITAT quashes Scrutiny Assessment Proceedings Initiated by ACIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Defect-in-Issue-of-Notice-Issue-of-Notice-ITAT-quashes-Scrutiny-Assessment-Proceedings-Initiated-by-ACIT-ITAT-Scrutiny-Assessment-Proceedings-Taxscan.jpg "Defect in Issue of Notice: ITAT quashes Scrutiny Assessment Proceedings Initiated by ACIT [Read Order]")
No Disallowance shall be made u/s 37(1) of Income Tax Act on Site Expenses Incurred for Railway Business: ITAT deletes Ad-Hoc Disallowance [Read Order]
The Income Tax Appellate Tribunal (ITAT) Kolkata Bench while deleting the ad-hoc disallowance held that no disallowance should be made under Section 37(1) of Income Tax Act, 1961 on site...
![No Disallowance shall be made u/s 37(1) of Income Tax Act on Site Expenses Incurred for Railway Business: ITAT deletes Ad-Hoc Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/disallowance-Income-Tax-Act-Site-Expenses-Railway-Business-ITAT-deletes-Ad-Hoc-taxscan.jpg "No Disallowance shall be made u/s 37(1) of Income Tax Act on Site Expenses Incurred for Railway Business: ITAT deletes Ad-Hoc Disallowance [Read Order]")
Mismatch between contract receipts reflected in Form 26AS and Income Tax Return: ITAT directs Re-adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Kolkata Bench directed readjudication due to mismatch found between contract receipts reflected in form 26AS and Income Tax Return. Sandhya Agarwal, the...
![Mismatch between contract receipts reflected in Form 26AS and Income Tax Return: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mismatch-between-contract-receipts-reflected-in-Form-26AS-and-Income-Tax-Return-Mismatch-between-contract-receipts-Income-Tax-Return-Form-26AS-ITAT-directs-Re-adjudication-taxscan.jpg "Mismatch between contract receipts reflected in Form 26AS and Income Tax Return: ITAT directs Re-adjudication [Read Order]")
![ITAT Upholds disallowance in respect of Delay in Deposit of Employees Contribution Fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-disallowance-in-respect-of-Delay-in-Deposit-of-Employeesb-Contribution-Fund-TAXSCAN.jpg "ITAT Upholds disallowance in respect of Delay in Deposit of Employees Contribution Fund [Read Order]")
No Liability for Assessee in Default to Deduct TDS on Payee having No Liability to Pay Tax on Income: ITAT [Read Order]
The Gauhati Bench of Income Tax Appellate Tribunal (ITAT),held that if the payee has no liability to pay tax on exempt income, the liability to deduct tax at source in the hands of the payer cannot...
![No Liability for Assessee in Default to Deduct TDS on Payee having No Liability to Pay Tax on Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Liability-Assessee-Default-Deduct-TDS-Payee-No-Liability-Pay-Tax-Income-ITAT-TAXSCAN.jpg "No Liability for Assessee in Default to Deduct TDS on Payee having No Liability to Pay Tax on Income: ITAT [Read Order]")
Claim of Deduction u/s 54F of Income Tax Act Not Allowable if Assessee owns More than One Residential House: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the claim of deduction under section 54F of the Income Tax Act,1961 was not allowable if the assessee owns more than one...
![Claim of Deduction u/s 54F of Income Tax Act Not Allowable if Assessee owns More than One Residential House: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Claim-Deduction-Income-Tax-Act-Allowable-Assessee-Residential-House-�ITAT-TAXSCAN.jpg "Claim of Deduction u/s 54F of Income Tax Act Not Allowable if Assessee owns More than One Residential House: ITAT [Read Order]")
Addition made by AO in Respect of Share Capital without Considering Relevant Documents and Evidences: ITAT Deletes Addition [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition made by the assessing officer in respect of share capital without considering the relevant documents and evidence by...
![Addition made by AO in Respect of Share Capital without Considering Relevant Documents and Evidences: ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Upholds-Rejection-of-Claim-of-Exemption-of-Income-Tax-Act-due-to-Utilisation-of-Income-for-Religious-Expenses-More-than-Prescribed-Limit-TAXSCAN-1.jpg "Addition made by AO in Respect of Share Capital without Considering Relevant Documents and Evidences: ITAT Deletes Addition [Read Order]")
Involvement of Tax Effect Less than Prescribed Monetary Limit by CBDT for Filing Appeal: ITAT Dismisses Appeal of Revenue [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) dismissed the appeal filed by the revenue on the ground of the tax effect involved was less than the prescribed monetary limit by the...
![Involvement of Tax Effect Less than Prescribed Monetary Limit by CBDT for Filing Appeal: ITAT Dismisses Appeal of Revenue [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Involvement-of-Tax-Effect-Prescribed-Monetary-Limit-by-CBDT-CBDT-for-Filing-Appeal-Filing-Appeal-ITAT-Dismisses-Appeal-of-Revenue-Appeal-of-Revenue-taxscan.jpg "Involvement of Tax Effect Less than Prescribed Monetary Limit by CBDT for Filing Appeal: ITAT Dismisses Appeal of Revenue [Read Order]")