![Dept. Fails to Submit Contradictory view to CIT(A)s Decision: ITAT allows Depreciation Expenses on Crates [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Dept.-Fails-to-Submit-Contradictory-view-Decision-ITAT-allows-Depreciation-Expenses-on-Crates-ITAT-TAXSCAN.jpg "Dept. Fails to Submit Contradictory view to CIT(A)s Decision: ITAT allows Depreciation Expenses on Crates [Read Order]")
Dept. Fails to Submit Contradictory view to CIT(A)'s Decision: ITAT allows Depreciation Expenses on Crates [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, on failure of the department to submit a...
![Interest-Free Funds advanced to Sister Concern for Purchase of Land are Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Interest-Free-Funds-advanced-to-Sister-Concern-for-Purchase-of-Land-are-Revenue-in-Nature-ITAT-TAXSCAN.jpg "Interest-Free Funds advanced to Sister Concern for Purchase of Land are Revenue in Nature: ITAT [Read Order]")
![Relief to Arihant Overseas: CESTAT quashes Demand of Customs Duty Draw Back [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Service-Tax-Refund-Service-Tax-Service-Tax-Refund-cannot-be-denied-to-any-Person-who-has-Borne-the-Incidence-of-Tax-Incidence-of-Tax-CESTAT-Customs-Excise-Taxscan.jpg "Relief to Arihant Overseas: CESTAT quashes Demand of Customs Duty Draw Back [Read Order]")
![Revenue can bring Expenditure Incurred in Earlier Years to be Taxed in Subsequent Years on Bogus Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Revenue-can-bring-Expenditure-Incurred-Expenditure-Incurred-in-Earlier-Years-Revenue-Expenditure-Bogus-Expenditure-ITAT-Taxscan.jpg "Revenue can bring Expenditure Incurred in Earlier Years to be Taxed in Subsequent Years on Bogus Expenditure: ITAT [Read Order]")
No Disallowance u/s 36(1)(iii) as Amount was Advanced during Normal Course of Business: ITAT [Read Order]
The Raipur Bench of Income Tax Appellate Tribunal (ITAT) has held that no disallowance could be made under Section 36(1)(iii) of the Income Tax Act, 1961, as the amount was advanced during the normal...
![No Disallowance u/s 36(1)(iii) as Amount was Advanced during Normal Course of Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Disallowance-Advanced-during-Normal-Course-of-Business-Normal-Course-of-Business-Business-ITAT-Taxscan.jpg "No Disallowance u/s 36(1)(iii) as Amount was Advanced during Normal Course of Business: ITAT [Read Order]")
![Assessing Officer has Right to Control the Conduct of Cross Examination During Income Tax Proceedings: Jharkhand HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Assessing-Officer-has-Right-to-Control-the-Conduct-of-Cross-Examination-Assessing-Officer-Cross-Examination-During-Income-Tax-Proceedings-Income-Tax-Proceedings-Jharkhand-High-Court-Taxscan.jpg "Assessing Officer has Right to Control the Conduct of Cross Examination During Income Tax Proceedings: Jharkhand HC [Read Order]")
Interest Income from Fixed Deposit of Co-operative Society made during the course of Business eligible for Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) has recently held that interest income from fixed deposits of co-operative society made during the course of business is eligible for...
Attachment of Bank Account: Calcutta HC directs Assistant Commissioner of Revenue to file Affidavit-in-Opposition [Read Order]
In a recent decision the Calcutta High Court directed the Assistant Commissioner of Revenue to file affidavit-in-opposition in the matter of attachment of bank account. The petitioner,Mohammad...
![Attachment of Bank Account: Calcutta HC directs Assistant Commissioner of Revenue to file Affidavit-in-Opposition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Attachment-of-Bank-Account-Calcutta-HC-Assistant-Commissioner-Revenue-TAXSCAN.jpg "Attachment of Bank Account: Calcutta HC directs Assistant Commissioner of Revenue to file Affidavit-in-Opposition [Read Order]")
Lack of Motive behind Allegation of Assessee taking Accommodation Entries to Reduce Taxable Income: ITAT dismisses Revenue's Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, on finding that there is lack of motive behind the allegation of the taking accommodation entries to...
![Lack of Motive behind Allegation of Assessee taking Accommodation Entries to Reduce Taxable Income: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Accommodation-Entries-to-Reduce-Taxable-Income-ITAT-Revenues-Appeal-TAXSCAN.jpg "Lack of Motive behind Allegation of Assessee taking Accommodation Entries to Reduce Taxable Income: ITAT dismisses Revenues Appeal [Read Order]")
Order Passed by AO does not Satisfy Twin Conditions of "Erroneous and Prejudicial to the Interest of the Revenue”: ITAT sets aside Pr. CIT's Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, in an appeal filed before it, on finding that the order passed by the A.O. did not satisfy the twin conditions of "erroneous and...
![Order Passed by AO does not Satisfy Twin Conditions of Erroneous and Prejudicial to the Interest of the Revenue”: ITAT sets aside Pr. CITs Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Twin-Conditions-Interest-Revenue-ITAT-Taxscan.jpg "Order Passed by AO does not Satisfy Twin Conditions of Erroneous and Prejudicial to the Interest of the Revenue”: ITAT sets aside Pr. CITs Order [Read Order]")
Authorities should not Pass Orders in Casual Manner, Disregarding the Principles of Natural Justice: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has recently, in an appeal filed before it, held that authorities should not pass orders in casual manner, disregarding to the principles of...
![Authorities should not Pass Orders in Casual Manner, Disregarding the Principles of Natural Justice: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Authorities-Orders-Disregarding-Principles-Natural-Justice-ITAT-TAXSCAN.jpg "Authorities should not Pass Orders in Casual Manner, Disregarding the Principles of Natural Justice: ITAT [Read Order]")