![NFAC cannot Adjudicate Appeals already Disposed of by CIT(A): ITAT direct Department to Pay Cost [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/NFAC-bound-NFAC-CBDT-CBDT-Circular-ITAT-Taxscan.jpg "NFAC cannot Adjudicate Appeals already Disposed of by CIT(A): ITAT direct Department to Pay Cost [Read Order]")
NFAC cannot Adjudicate Appeals already Disposed of by CIT(A): ITAT direct Department to Pay Cost [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has held that National Faceless Appellate Center (NFAC) could not adjudicate appeals already...
![Filing of Statutory Appeal before NFAC Accompanied by Stay Application for Interim Protection: Madras HC Dismisses WP [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/dismisses-HC-High-court-madras-HC-dismisses-WP-madras-high-court-taxscan.jpg "Filing of Statutory Appeal before NFAC Accompanied by Stay Application for Interim Protection: Madras HC Dismisses WP [Read Order]")
![ITAT Upholds Imposition of Penalty u/s 271B of Income Tax Act due to Non Audit of Books of Account [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Upholds-Imposition-of-Penalty-ITAT-Imposition-of-Penalty-Penalty-Income-Tax-Act-Non-Audit-of-Books-of-Account-Books-of-Account-Taxscan.jpg "ITAT Upholds Imposition of Penalty u/s 271B of Income Tax Act due to Non Audit of Books of Account [Read Order]")
![Consideration From Sale of Jointly Owned Property cannot be Treated as Long Term Capital Gain of a Co-owner Alone: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Consideration-From-Sale-Sale-of-Jointly-Owned-Property-Treated-as-Long-Term-Capital-Gain-Capital-Gain-Long-Term-Capital-Gain-of-a-Co-owner-Alone-ITAT-Income-Tax-taxscan.jpg "Consideration From Sale of Jointly Owned Property cannot be Treated as Long Term Capital Gain of a Co-owner Alone: ITAT [Read Order]")
![Delay of One Day in Filing Audit Report Due to Technical Glitches of Income Tax Portal: ITAT sets aside Penalty u/s 271B [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-sets-aside-Penalty-Delay-of-One-Day-in-Filing-Audit-Report-Penalty-ITAT-Filing-Audit-Report-Audit-Report-Technical-Glitches-of-Income-Tax-Portal-Income-Tax-Portal-Income-Tax-taxscan.jpg "Delay of One Day in Filing Audit Report Due to Technical Glitches of Income Tax Portal: ITAT sets aside Penalty u/s 271B [Read Order]")
Interest on Fixed Deposits Assessable under the Head ‘Income from Other Source’: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that interest on fixed deposits is assessable under the head ‘income from other source’. ...
![Interest on Fixed Deposits Assessable under the Head ‘Income from Other Source’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/ITAT-Income-from-Other-Source-Fixed-Deposits-Assessee-taxscan.jpg "Interest on Fixed Deposits Assessable under the Head ‘Income from Other Source’: ITAT [Read Order]")
Replacement of Old Tube Light with LED lights is Revenue Expenditure in Hotel Business: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently in an appeal filed before it, held that replacement of old tube light with LED lights, is revenue expenditure in hotel business. ...
![Replacement of Old Tube Light with LED lights is Revenue Expenditure in Hotel Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Replacement-of-Old-Tube-Light-Tube-Light-LED-lights-Revenue-Expenditure-in-Hotel-Business-Revenue-Expenditure-Hotel-Business-ITAT-taxscan.jpg "Replacement of Old Tube Light with LED lights is Revenue Expenditure in Hotel Business: ITAT [Read Order]")
![NFAC cannot Deny Deductions Claimed in Appeal for want of Revised Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/NFAC-Deductions-Claim-Appeal-Revised-Return-ITAT-Income-Tax-Tax-taxscan.jpg "NFAC cannot Deny Deductions Claimed in Appeal for want of Revised Return: ITAT [Read Order]")
Termination of Employment due to Misconduct is not beyond the control of Assessee: ITAT refuses Exemption u/s 10(38) to Employee
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that termination of employment due to misconduct is not beyond the control of assesses and refused to allow an exemption under...
Filing of Form 67 is a Procedural Requirement: Non-Compliance cannot attract Denial of FTC, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench, has recently, in an appeal filed before it, ruled that the filing of Form 67 is a procedural requirement, and hence that the non-compliance of the...
![Filing of Form 67 is a Procedural Requirement: Non-Compliance cannot attract Denial of FTC, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Form-67-Procedural-Requirement-Denial-of-FTC-FTC-ITAT-Income-Tax-taxscan.jpg "Filing of Form 67 is a Procedural Requirement: Non-Compliance cannot attract Denial of FTC, rules ITAT [Read Order]")