![Owner Selling Property through GPA Holder: ITAT confirms Income as LTCG [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/LTCG-for-Sale-of-Equity-Shares-as-Bogus-Income-Tax-Act-ITAT-confirms-Income-Tax-Addition-TAXSCAN.jpg "Owner Selling Property through GPA Holder: ITAT confirms Income as LTCG [Read Order]")
Owner Selling Property through GPA Holder: ITAT confirms Income as LTCG [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT), confirmed income as Long Term Capital Gain in the case of owner selling property...
![Difference of grounds between Order and SCN: Delhi HC quashes proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Difference-of-grounds-between-Order-and-SCN-Delhi-HC-show-cause-notice-order-Taxscan.jpg "Difference of grounds between Order and SCN: Delhi HC quashes proceedings [Read Order]")
![CIT(A) cant disallow a Claim of Business Loss in the Presence of Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/CITA-disallow-a-Claim-of-Business-Loss-in-the-Presence-of-Evidence-ITAT-TAXSCAN.jpg "CIT(A) cant disallow a Claim of Business Loss in the Presence of Evidence: ITAT [Read Order]")
![Quashing of Income Tax Penalty would Invalidate further Criminal Proceedings: Jharkhand HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Penalty-Criminal-Proceedings-Jharkhand-HC-taxscan.jpg "Quashing of Income Tax Penalty would Invalidate further Criminal Proceedings: Jharkhand HC [Read Order]")
Addition of Unexplained Cash based on Third-Party Statements without Opportunity for Cross-Examination is not sustainable: ITAT [Read Order]
While considering a bunch of appeals the Lucknow bench of the Income Tax Appellate Tribunal (ITAT) held that the addition of unexplained cash based on third-party statements without allowing...
![Addition of Unexplained Cash based on Third-Party Statements without Opportunity for Cross-Examination is not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/unexplained-cash-cross-examination-ITAT-taxscan.jpeg "Addition of Unexplained Cash based on Third-Party Statements without Opportunity for Cross-Examination is not sustainable: ITAT [Read Order]")
ITAT allows Capital Gain Exemption on Purchase of New Residential Property upto date of filing of belated Income Tax Return [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), allowed capital gain exemption claim under Section 54 of the Income Tax Act on purchase of new residential property upto date of filing...
![ITAT allows Capital Gain Exemption on Purchase of New Residential Property upto date of filing of belated Income Tax Return [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/ITAT-Capital-Gain-Exemption-New-Residential-Property-Income-Tax-Return-TAXSCAN.jpg "ITAT allows Capital Gain Exemption on Purchase of New Residential Property upto date of filing of belated Income Tax Return [Read Order]")
Non-resident FII can claim benefit of Article13(4) of DTAA for entire Current Year Short/Long Term Capital Gains: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), held that Non-resident FII can claim benefit of Article13(4) of DTAA for entire current year Short or Long-Term Capital Gains. The...
![Non-resident FII can claim benefit of Article13(4) of DTAA for entire Current Year Short/Long Term Capital Gains: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Non-resident-FII-claim-benefit-DTAA-Long-Term-Capital-Gains-ITAT-taxscan.jpg "Non-resident FII can claim benefit of Article13(4) of DTAA for entire Current Year Short/Long Term Capital Gains: ITAT [Read Order]")
Exemption u/s.10(38) for Long Term Capital Gain earned on Shares claimable only on Payment made through Cheque: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Ahmedabad Bench, has recently in an appeal filed before it, held that exemption u/s.10(38) for long term capital gain earned on shares is claimable only on...
![Exemption u/s.10(38) for Long Term Capital Gain earned on Shares claimable only on Payment made through Cheque: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Long-Term-Capital-Gain-Payment-Cheque-ITAT-taxscan.jpg "Exemption u/s.10(38) for Long Term Capital Gain earned on Shares claimable only on Payment made through Cheque: ITAT [Read Order]")
Long Term Capital Gain from Sale of Equity Shares: ITAT denies Claim of Exemption u/s 10(38) [Read Order]
the Income Tax Appellate Tribunal (ITAT), Kolkata Bench denied claim of exemption under Section 10(38) of the Income Tax Act,1961 as there was long term capital gains from the sale of equity shares....
![Long Term Capital Gain from Sale of Equity Shares: ITAT denies Claim of Exemption u/s 10(38) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Long-Term-Capital-Gain-Sale-Equity-Shares-ITAT-taxscan.jpg "Long Term Capital Gain from Sale of Equity Shares: ITAT denies Claim of Exemption u/s 10(38) [Read Order]")
![Bogus Long Term Capital Gain claimed as Exempt Income is not allowable, Chargeable to Tax: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Bogus-Long-Term-Capital-Gain-Tax-Delhi-HC-taxscan.jpg "Bogus Long Term Capital Gain claimed as Exempt Income is not allowable, Chargeable to Tax: Delhi HC [Read Order]")
Addition made under LTCG: ITAT directs De Novo Adjudication for Non-Consideration of Report by DVO [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench Addition directs de novo adjudication for non-consideration of report by Department Valuation Officer (DVO) in respect of addition made under...
![Addition made under LTCG: ITAT directs De Novo Adjudication for Non-Consideration of Report by DVO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/LTCG-ITAT-DVO-taxscan.jpeg "Addition made under LTCG: ITAT directs De Novo Adjudication for Non-Consideration of Report by DVO [Read Order]")