![VAT Payment would not amount to Fee u/s 40(a)(iib) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/VAT-Payment-Income-Tax-Act-ITAT-TAXSCAN.jpg "VAT Payment would not amount to Fee u/s 40(a)(iib) of Income Tax Act: ITAT [Read Order]")
VAT Payment would not amount to Fee u/s 40(a)(iib) of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench recently in an appeal held that Value Adedd Tax payment would not amount to Fee under...
![Revision proceedings cannot be initiated when assessee has opted to settle dispute under DTVSV Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Revision-proceedings-DTVSV-ITAT-TAXSCAN.jpg "Revision proceedings cannot be initiated when assessee has opted to settle dispute under DTVSV Scheme: ITAT [Read Order]")
![Revisionary Powers u/s 263 can be Invoked on Account of Lack of Enquiry by AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Revisionary-Account-Enquiry-AO-ITAT-TAXSCAN.jpg "Revisionary Powers u/s 263 can be Invoked on Account of Lack of Enquiry by AO: ITAT [Read Order]")
![Additions already made by AO on Capital Gain: ITAT quashes Order u/s 263 by PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/AO-Capital-Gain-ITAT-PCIT-taxscan.jpg "Additions already made by AO on Capital Gain: ITAT quashes Order u/s 263 by PCIT [Read Order]")
![Amount already offered to Tax by Assessee: ITAT quashes revision order by PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Tax-Assessee-ITAT-PCIT-TAXSCAN.jpeg "Amount already offered to Tax by Assessee: ITAT quashes revision order by PCIT [Read Order]")
Revisional Order cannot be invoked When AO revised TDS Credit after due verification of Reconciliation Statement: ITAT [Read Order]
While considering a bunch of appeals, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the revisional order cannot be invoked when AO revised TDS credit after due...
![Revisional Order cannot be invoked When AO revised TDS Credit after due verification of Reconciliation Statement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Revisional-Order-AO-TDS-verification-ITAT-TAXSCAN.jpeg "Revisional Order cannot be invoked When AO revised TDS Credit after due verification of Reconciliation Statement: ITAT [Read Order]")
Notice u/s 148 issued based on Incomplete Information without any Verification: ITAT quashes Assessment Order [Read Order]
Notice u/s 148 of the Income Tax Act,1961 issued based on incomplete information without any verification, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT)quashed the assessment order. ...
![Notice u/s 148 issued based on Incomplete Information without any Verification: ITAT quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Notice-on-Incomplete-Information-Verification-ITAT-Assessment-Order-TAXSCAN.jpg "Notice u/s 148 issued based on Incomplete Information without any Verification: ITAT quashes Assessment Order [Read Order]")
Agricultural Income assessed without due enquiry: ITAT upholds order of PCIT for Revision of Assessment [Read Order]
The Banglore Bench of the Income Tax Appellate Tribunal (ITAT) comprising Judicial Member Beena Pillai and Accountant Member Chandra Poojari upheld the order of the Principal Commissioner of Income...
![Agricultural Income assessed without due enquiry: ITAT upholds order of PCIT for Revision of Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Agricultural-Income-enquiry-ITAT-PCIT-Assessment-taxscan.jpeg "Agricultural Income assessed without due enquiry: ITAT upholds order of PCIT for Revision of Assessment [Read Order]")
No Violation of S. 40A(3) of Income Tax Act as No Payment of Cash for making Purchases Exceeding the Prescribed Limit: ITAT [Read Order]
Violation u/s. 40A(3) of the Income Tax Act, 1961 will not be attracted when cash payment is made for the purchases exceeds the prescribed limit, the Kolkata Bench of the Income Tax Appellate...
![No Violation of S. 40A(3) of Income Tax Act as No Payment of Cash for making Purchases Exceeding the Prescribed Limit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/violation-Payment-Cash-Purchases-Exceeding-ITAT-Revisional-Order-TAXSCAN.jpeg "No Violation of S. 40A(3) of Income Tax Act as No Payment of Cash for making Purchases Exceeding the Prescribed Limit: ITAT [Read Order]")
ITAT upholds Revision Order on failure of AO to conduct Verification during Assessment Proceedings [Read Order]
The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) upheld the revision order on failure of Assessing Officer (AO) to conduct verification during assessment proceedings. The assessee,...
![ITAT upholds Revision Order on failure of AO to conduct Verification during Assessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Revision-Order-AO-Verification-Assessment-Proceedings-TAXSCAN.jpg "ITAT upholds Revision Order on failure of AO to conduct Verification during Assessment Proceedings [Read Order]")
PCIT is not empowered to Impose conditions to be Complied with by Assessee, for granting Registration u/s 12AB: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai held that Principal Commissioner of Income Tax (PCIT) not empowered to impose conditions to be complied by assessee, for granting registration under...
![PCIT is not empowered to Impose conditions to be Complied with by Assessee, for granting Registration u/s 12AB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/PCIT-assessee-registration-ITAT-taxscan.jpg "PCIT is not empowered to Impose conditions to be Complied with by Assessee, for granting Registration u/s 12AB: ITAT [Read Order]")