![ITAT quashes Penalty imposed u/s 271D of Income Tax Act in Absence of Satisfaction in Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessment-Order-passed-without-enquiry-Assessment-Order-CFS-Charges-Continental-Warehousing-Corporation-ITAT-Revision-Order-taxscan.jpg "ITAT quashes Penalty imposed u/s 271D of Income Tax Act in Absence of Satisfaction in Assessment Order [Read Order]")
ITAT quashes Penalty imposed u/s 271D of Income Tax Act in Absence of Satisfaction in Assessment Order [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) held that a penalty can’t be imposed under Section 271D of the Income Tax Act, 1961...
![ITAT confirms Penalty for Deliberate Concealment of Income u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-confirms-Penalty-for-Deliberate-Concealment-of-Income-ITAT-Penalty-Income-Concealment-of-Income-Taxscan.jpg "ITAT confirms Penalty for Deliberate Concealment of Income u/s 271(1)(c) [Read Order]")
![ITAT dismisses Appeal on Lapse of more than 2 years to Substitute Name of Legal Heirs for Deceased Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Appeal-Substitute-Name-of-Legal-Heirs-for-Deceased-Assessee-TAXSCAN.jpg "ITAT dismisses Appeal on Lapse of more than 2 years to Substitute Name of Legal Heirs for Deceased Assessee [Read Order]")
ITAT grants Opportunity to Assessee for Appearance before CIT(A) being Senior Citizen and not aware Digital Communication [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT), granted opportunity to assessee for appearance before Commissioner of Income Tax (Appeals) (CIT(A)) being Senior citizen and not aware...
![ITAT grants Opportunity to Assessee for Appearance before CIT(A) being Senior Citizen and not aware Digital Communication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-CITA-being-Senior-Citizen-Digital-Communication-TAXSCAN.jpg "ITAT grants Opportunity to Assessee for Appearance before CIT(A) being Senior Citizen and not aware Digital Communication [Read Order]")
Expenditure incurred for Construction of a New Facility and subsequently abandoned at Work-in-progress stage is allowable as Revenue Expenditure: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that expenditure incurred for construction of a new facility and subsequently abandoned at work-in-progress stage is allowable...
![Expenditure incurred for Construction of a New Facility and subsequently abandoned at Work-in-progress stage is allowable as Revenue Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Expenditure-Construction-Facility-Revenue-Expenditure-ITAT-Income-Tax-taxscan.jpg "Expenditure incurred for Construction of a New Facility and subsequently abandoned at Work-in-progress stage is allowable as Revenue Expenditure: ITAT [Read Order]")
WDV has to be Calculated When Assessee receives Income from Software Services related to Health Care, CIT(A) failed to quantify rate of Depreciation and WDV of Asset: ITAT
The Hyderabad bench of the Income Tax Appellate Tribunal(ITAT) has held that Written Down Value(WDV) has to be calculated when the assessee receives income from software services related to health...
Delay Condonation cannot be done without proving ‘Reasonable Cause’: ITAT refuses to Condone Delay of 2886 Days [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has recently in appeals filed before it, while refusing to condone a delay of 2886 days, held that delay condonation cannot be done without...
![Delay Condonation cannot be done without proving ‘Reasonable Cause’: ITAT refuses to Condone Delay of 2886 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Delay-Condonation-Reasonable-Cause-ITAT-Condone-Delay-TAXSCAN-1.jpg "Delay Condonation cannot be done without proving ‘Reasonable Cause’: ITAT refuses to Condone Delay of 2886 Days [Read Order]")
![Relief to Facebook: ITAT directs to conduct enquiry on deduction of TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Facebook-ITAT-enquiry-deduction-TDS-TAXSCAN.jpg "Relief to Facebook: ITAT directs to conduct enquiry on deduction of TDS [Read Order]")
Proceedings u/s 153 can't Invalidate without examining incriminating material found in Search: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) ruled that proceedings under section 153 can’t be invalidated without examining incriminating material found in the search. The...
![Proceedings u/s 153 cant Invalidate without examining incriminating material found in Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/incriminating-material-ITAT-taxscan.jpeg "Proceedings u/s 153 cant Invalidate without examining incriminating material found in Search: ITAT [Read Order]")
Bonafide Action of Non-Sharing of AIR by Co-Operative Bank u/s 271FA will not attract Penalty: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that a bonafide action on the part of the co-operative bank not filing annual information report (AIR) will not attract...
![Bonafide Action of Non-Sharing of AIR by Co-Operative Bank u/s 271FA will not attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Bonafide-Action-Co-Operative-Bank-Penalty-ITAT-taxscan.jpeg "Bonafide Action of Non-Sharing of AIR by Co-Operative Bank u/s 271FA will not attract Penalty: ITAT [Read Order]")