![Co-operative Societies Offering Credit to its Members Eligible for Deductions u/s 80P(2)(a)(i): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Banglaore-Income-Tax-Cooperative-societies-tax-deductions-Cooperative-societies-taxscan.jpg "Co-operative Societies Offering Credit to its Members Eligible for Deductions u/s 80P(2)(a)(i): ITAT [Read Order]")
Co-operative Societies Offering Credit to its Members Eligible for Deductions u/s 80P(2)(a)(i): ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that co-operative societies providing credit to their members are eligible for...
![Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-Income-Tax-Income-Tax-Notice-Income-Tax-Act-Assessment-Order-taxscan.jpg "Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c) [Read Order]")
![NFAC cannot Invoke Section 144B of Income Tax Act based on Failure to Lodge claim within Time Stipulated: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/NFAC-Invoke-Income-Tax-Act-Failure-to-Lodge-claim-Time-Stipulated-Delhi-HC-taxscann.jpg "NFAC cannot Invoke Section 144B of Income Tax Act based on Failure to Lodge claim within Time Stipulated: Delhi HC [Read Order]")
Income Tax Dept issues Notices on Saturday asking Production of Documents on Monday, sparks outrage among CA, Tax Professionals
Ideally, tax should be levied like how a honey bee collects honey from flowers. What Chanakya said, explaining Raj Dharma, was that a government should collect taxes in the manner a honey bee...
Assessment of Income by NFAC without considering Deposited Amount: Kerala HC directs Income Tax Dept to dispose Appeal [Read Order]
The Kerala High Court directed the Income Tax Department to dispose of the appeal in relation the assessment of income by the National Faceless Assessment Centre (NFAC) without considering the...
![Assessment of Income by NFAC without considering Deposited Amount: Kerala HC directs Income Tax Dept to dispose Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Assessment-of-Income-by-NFAC-without-considering-Deposited-Amount-Kerala-HC-directs-Income-Tax-Dept-to-dispose-Appeal-TAXSCAN.jpg "Assessment of Income by NFAC without considering Deposited Amount: Kerala HC directs Income Tax Dept to dispose Appeal [Read Order]")
![Non-Application of Mind by AO: ITAT quashes Income Tax Penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/AO-ITAT-quashes-Income-Tax-Penalty-ITAT-Income-Tax-Penalty-Income-Tax-Penalty-Taxscan.jpg "Non-Application of Mind by AO: ITAT quashes Income Tax Penalty u/s 271(1)(c) [Read Order]")
Delhi HC directs NaFC to withdraw assessment orders without issuing draft notice under S. 144B [Read Order]
The Delhi High Court has directed the National Faceless Assessment Centre to  withdraw the assessment order without issuing draft notice under section 144B of the Income Tax Act, 1961 The...
![Delhi HC directs NaFC to withdraw assessment orders without issuing draft notice under S. 144B [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Delhi-HC-NaFC-assessment-orders-assessment-notice-taxscan.jpg "Delhi HC directs NaFC to withdraw assessment orders without issuing draft notice under S. 144B [Read Order]")
NFAC acted Thick-Skinned instead of Adopting Liberal Approach during Pandemic: Gujarat HC slams Income Tax Dept [Read Order]
In an assessee-friendly ruling, the Gujarat High Court has slammed the National Faceless Assessment Centre (NFAC)for acting thick skinned instead of adopting a liberal approach during the pandemic...
![NFAC acted Thick-Skinned instead of Adopting Liberal Approach during Pandemic: Gujarat HC slams Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/NFAC-Gujarat-HC-Income-Tax-Dept-taxscan.jpeg "NFAC acted Thick-Skinned instead of Adopting Liberal Approach during Pandemic: Gujarat HC slams Income Tax Dept [Read Order]")
Income Tax Dept recovers Dues since NFAC does not List Appeal since 18 Months: Delhi HC directs Expedition of Hearing [Read Order]
A division bench of the Delhi High Court comprising Justice Manmohan and Justice Manmeet Pritam Singh Arora, has recently directed the National Faceless Appeal Centre (NFAC) to expedite the hearing...
![Income Tax Dept recovers Dues since NFAC does not List Appeal since 18 Months: Delhi HC directs Expedition of Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/National-Faceless-Assessment-Centre-Income-Tax-Dept-Dues-NFAC-Appeal-Delhi-HC-taxscan.jpeg "Income Tax Dept recovers Dues since NFAC does not List Appeal since 18 Months: Delhi HC directs Expedition of Hearing [Read Order]")
Delhi HC upholds Taxpayer’s Right to File Reply to SCN and Draft Assessment Order: Directs NFAC to pass Fresh Order [Read Order]
The Delhi High Court has last week held that the taxpayer has the right to file reply to show-cause notice and draft assessment order and accordingly, directed the National Faceless Assessment Centre...
![Delhi HC upholds Taxpayer’s Right to File Reply to SCN and Draft Assessment Order: Directs NFAC to pass Fresh Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Delhi-High-Court-Delhi-HC-Taxpayers-SCN-Assessment-Order-NFAC-Fresh-Order-taxscan.jpeg "Delhi HC upholds Taxpayer’s Right to File Reply to SCN and Draft Assessment Order: Directs NFAC to pass Fresh Order [Read Order]")