![No Income Tax Deduction Allowable for Commission Payments Without Examination/Verification of Agreement between Payer and Dealers: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Tax-Deduction-Income-Tax-Deduction-Commission-Payments-Commission-Examination-Verification-Agreement-between-Payer-and-Dealers-Payer-and-Dealers-ITAT-Taxscan.jpg "No Income Tax Deduction Allowable for Commission Payments Without Examination/Verification of Agreement between Payer and Dealers: ITAT [Read Order]")
No Income Tax Deduction Allowable for Commission Payments Without Examination/Verification of Agreement between Payer and Dealers: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) held that the Assessment Order allowing deduction of commission payments has been passed...
![Relief to CCTEB India: Delhi HC Releases Provisionally Attached Rs 42 Crores Available as Fixed Deposit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/CCTEB-CCTEB-India-Relief-to-CCTEB-India-Delhi-HC-Delhi-HC-Releases-Provisionally-Attached-Rs-42-Crores-taxscan.jpg "Relief to CCTEB India: Delhi HC Releases Provisionally Attached Rs 42 Crores Available as Fixed Deposit [Read Order]")
![Payment to CA firms for Special Audit under MSMED Act Not Consideration: Delhi HC Quashes Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Payment-to-CA-firms-Payment-to-CA-firms-for-Special-Audit-under-MSMED-Act-Payment-to-CA-firms-for-Special-Audit-Delhi-High-Court-Taxscan.jpg "Payment to CA firms for Special Audit under MSMED Act Not Consideration: Delhi HC Quashes Income Tax Proceedings [Read Order]")
![Reassessment Notice Issued to a Non-Existing Company Is Invalid: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Reassessment-Notice-Issued-Non-Existing-Company-Is-Invalid-Karnataka-HC-TAXSCAN.jpg "Reassessment Notice Issued to a Non-Existing Company Is Invalid: Karnataka HC [Read Order]")
![Matters Pending Before CIT(A) for Adjudication cannot be Disputed in Proceedings u/s 263: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/CITA-Matters-Pending-Before-CITA-for-Adjudication-Adjudication-Proceedings-ITAT-Taxscan.jpg "Matters Pending Before CIT(A) for Adjudication cannot be Disputed in Proceedings u/s 263: ITAT [Read Order]")
Relief to Bajaj Finance: Interest Income on NPAs Cannot be Taxed on Accrual Basis, rules ITAT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) has granted relief to Bajaj Finance holding that the interest income on non-performing assets (NPA) could not be taxed on accrual basis. The...
![Relief to Bajaj Finance: Interest Income on NPAs Cannot be Taxed on Accrual Basis, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Bajaj-Finance-Interest-Income-on-NPAs-Interest-Income-NPAs-Taxed-ITAT-Income-Taxscan.jpg "Relief to Bajaj Finance: Interest Income on NPAs Cannot be Taxed on Accrual Basis, rules ITAT [Read Order]")
![ITAT Orders Re-Adjudication as VAT Liability and EPF Amount Deposited on Time u/s 263 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Orders-Re-Adjudication-VAT-Liability-and-EPF-Amount-Deposited-TAXSCAN.jpg "ITAT Orders Re-Adjudication as VAT Liability and EPF Amount Deposited on Time u/s 263 [Read Order]")
![Section 263 cannot be invoked on mere Non-Reference of Cash Transaction by AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Cash-Transaction-ITAT-Non-Reference-of-Cash-Transaction-by-AO-Non-Reference-of-Cash-Transaction-taxscan.jpg "Section 263 cannot be invoked on mere Non-Reference of Cash Transaction by AO: ITAT [Read Order]")
Assessment Order passed u/s 143 (3) against Dead Person without Issuing Notice to Legal Heirs is Void: Madras High Court [Read Order]
The Madras High Court held that the assessment order passed under section 143(3) of the Income Tax Act, 1961 against a dead person without issuing a notice to legal heirs is void. Prema...
![Assessment Order passed u/s 143 (3) against Dead Person without Issuing Notice to Legal Heirs is Void: Madras High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Madras-High-Court-Assessment-Order-passed-Dead-Person-without-Issuing-Notice-Dead-Person-Notice-Notice-to-Legal-Heirs-is-Void-Legal-Heirs-taxscan.jpg "Assessment Order passed u/s 143 (3) against Dead Person without Issuing Notice to Legal Heirs is Void: Madras High Court [Read Order]")
Relief to Cricket Club of India: ITAT upholds Restriction of 2% Disallowance by AO on Exempt Income u/s 14A of Income Tax Act [Read Order]
While entertaining the appeal filed by the Cricket Club of India (CCI), the Mumbai Bench of Income Tax of Appellate Tribunal (ITAT) upheld the view of the Assessing Officer (AO) which restricted the...
![Relief to Cricket Club of India: ITAT upholds Restriction of 2% Disallowance by AO on Exempt Income u/s 14A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Cricket-Club-of-India-Disallowance-Assessing-Officer-Dividend-income-Income-Tax-Income-Tax-Act-Tax-Income-Taxscan.jpg "Relief to Cricket Club of India: ITAT upholds Restriction of 2% Disallowance by AO on Exempt Income u/s 14A of Income Tax Act [Read Order]")
Invocation of Revisionary Jurisdiction on same issues for which Reopening proceedings was done by AO: Calcutta HC quashes Order [Read Order]
The Calcutta High Court quashed order on the ground that the invocation of revisionary jurisdiction on same issues for which reopening proceedings was done by the Assessing Officer (AO). The...
![Invocation of Revisionary Jurisdiction on same issues for which Reopening proceedings was done by AO: Calcutta HC quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Calcutta-High-Court-Revisionary-Jurisdiction-Calcutta-High-Court-quashes-Order-Reopening-proceedings-taxscan.jpg "Invocation of Revisionary Jurisdiction on same issues for which Reopening proceedings was done by AO: Calcutta HC quashes Order [Read Order]")