![Remand back of matter to AO to calculate Disputed Tax and not Fresh Adjudication: Bombay HC quashes action of PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/AO-disputed-tax-fresh-adjudication-Bombay-High-Court-PCIT-Taxscan.jpg "Remand back of matter to AO to calculate Disputed Tax and not Fresh Adjudication: Bombay HC quashes action of PCIT [Read Order]")
Remand back of matter to AO to calculate Disputed Tax and not Fresh Adjudication: Bombay HC quashes action of PCIT [Read Order]
In a recent ruling the Bombay High Court quashed the action of the Principal Commissioner of Income Tax ( PCIT ) as the remand back of the matter to...
![Section 263 is not a Mechanism available for PCIT for taking Second Opinion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Section-263-Mechanism-PCIT-Second-Opinion-ITAT-TAXSCAN-2.jpg "Section 263 is not a Mechanism available for PCIT for taking Second Opinion: ITAT [Read Order]")
![Children Providing Financial Support to Parents out of Moral Responsibility is Common Practice: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Children-Providing-Financial-Parents-Moral-Responsibility-Common-Practice-ITAT-TAXSCAN.jpg "Children Providing Financial Support to Parents out of Moral Responsibility is Common Practice: ITAT deletes Addition [Read Order]")
Revisional Authority shall Avoid the attitude of “I have the Power and I shall exercise”: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has recently in an appeal filed before it, held that the revisional authority shall avoid the attitude of “I have the power and I shall...
![Revisional Authority shall Avoid the attitude of “I have the Power and I shall exercise”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Revisional-Authority-ITAT-TAXSCAN.jpg "Revisional Authority shall Avoid the attitude of “I have the Power and I shall exercise”: ITAT [Read Order]")
![PCIT cannot order conditional approval u/s 80G: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/PCIT-approval-ITAT-taxscan.jpg "PCIT cannot order conditional approval u/s 80G: ITAT [Read Order]")
Withholding Information to establish Genuineness of Transactions: ITAT dismisses Appeal holding Fraud [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench consisting of Inturi Rama Rao, Accountant Member and SS Viswanethra Ravi, Judicial Member dismissed appeal holding fraud as there was evidence of...
![Withholding Information to establish Genuineness of Transactions: ITAT dismisses Appeal holding Fraud [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Information-Genuineness-of-Transactions-ITAT-Fraud-TAXSCAN.jpg "Withholding Information to establish Genuineness of Transactions: ITAT dismisses Appeal holding Fraud [Read Order]")
CIT(E) has No Jurisdiction to impose Unstipulated conditions while granting Registration u/s 80G: ITAT rules in favour of Tata Education [Read Order]
In a significant case of Tata Education and Development Trust, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that CIT(E) has no Jurisdiction to impose unstipulated conditions...
![CIT(E) has No Jurisdiction to impose Unstipulated conditions while granting Registration u/s 80G: ITAT rules in favour of Tata Education [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/CITE-Registration-ITAT-rules-Tata-Education-TAXSCAN.jpg "CIT(E) has No Jurisdiction to impose Unstipulated conditions while granting Registration u/s 80G: ITAT rules in favour of Tata Education [Read Order]")
VAT collected Separately from Customer differ from Charges u/s 40 (a) (iib), Deduction allowable: ITAT quashes Revisional Order [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) VAT collected separate from customers different from charges u/s 40 (a) (iib) of the Income Tax Act,1961 and deductionis allowable. ...
![VAT collected Separately from Customer differ from Charges u/s 40 (a) (iib), Deduction allowable: ITAT quashes Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/VAT-Customer-differ-Charges-Deduction-ITAT-Revisional-Order-TAXSCAN.jpg "VAT collected Separately from Customer differ from Charges u/s 40 (a) (iib), Deduction allowable: ITAT quashes Revisional Order [Read Order]")
Income from Shareholder's account liable to be Taxed as part of Life Insurance Business: ITAT grants relief to Tata AIA Life Insurance [Read Order]
A Division Bench of the Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that Income from shareholders' account liable to be taxed as part of life insurance business, thereby granting relief...
![Income from Shareholders account liable to be Taxed as part of Life Insurance Business: ITAT grants relief to Tata AIA Life Insurance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-from-shareholders-account-liable-to-be-taxed-as-part-of-life-insurance-business-ITAT-grants-relief-to-Tata-AIA-Life-Insurance-TAXSCAN.jpg "Income from Shareholders account liable to be Taxed as part of Life Insurance Business: ITAT grants relief to Tata AIA Life Insurance [Read Order]")