![Deduction Claim on Building Construction Expenses: ITAT deletes Penalty on Trust for Bona Fide Error [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Penalty-on-Trust-Building-Construction-Tax-Deduction-Construction-Income-Tax-Deduction-Income-Tax-taxscan.jpg "Deduction Claim on Building Construction Expenses: ITAT deletes Penalty on Trust for Bona Fide Error [Read Order]")
Deduction Claim on Building Construction Expenses: ITAT deletes Penalty on Trust for Bona Fide Error [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) cancelled the penalty levied on the assessee under Section 271(1)(c) of the Income...
![Bonafide Mistake of Applying for Registration in Form 10 AB Instead of Form 10 A is Condonable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-bonafide-mistakes-from-itat-Form-10AB-Form-10A-income-tax-acts-TAXSCAN.jpg "Bonafide Mistake of Applying for Registration in Form 10 AB Instead of Form 10 A is Condonable: ITAT [Read Order]")
![Income earned from Leasing of Trust Building Is Commercial Business Activity: ITAT upholds Cancellation of Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-income-tax-acts-commercial-business-activities-leasing-of-building-TAXSCAN.jpg "Income earned from Leasing of Trust Building Is Commercial Business Activity: ITAT upholds Cancellation of Registration [Read Order]")
Bombay HC allows Petition by Directing JCIT to Supply a Copy of Exemption Certificate u/s 12 A of Income Tax Act [Read Order]
The Bombay High Court allowed petition by directing to Joint Commissioner of Income Tax ( JCIT )to supply a copy of certificate of exemption under Section 12 A of Income Tax Act, 1961. The...
![Bombay HC allows Petition by Directing JCIT to Supply a Copy of Exemption Certificate u/s 12 A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Bombay-High-Court-Joint-Commissioner-of-Income-Tax-Exemption-Certificate-Section-12A-of-income-tax-act-taxscan.jpg "Bombay HC allows Petition by Directing JCIT to Supply a Copy of Exemption Certificate u/s 12 A of Income Tax Act [Read Order]")
Form No. 10AB Timeline Extension for S.12A Recognition is Deemed Extension for Approval Renewal u/s 80G (iii) First Provison of Income Tax Act: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) noted that the extension timeline provided in Form No. 10AB for Section 12A recognition was deemed to be an extension for the approval...
![Form No. 10AB Timeline Extension for S.12A Recognition is Deemed Extension for Approval Renewal u/s 80G (iii) First Provison of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Form-No.-10AB-Timeline-Extension-S.12A-Recognition-Deemed-Extension-Approval-Renewal-First-Provison-Income-Tax-ITAT-taxscan.jpg "Form No. 10AB Timeline Extension for S.12A Recognition is Deemed Extension for Approval Renewal u/s 80G (iii) First Provison of Income Tax Act: ITAT [Read Order]")
Foreign Entities Funding Indian NGOs to Disrupt Public Projects of India: Income Tax Dept to Supreme Court against Environics Trust [Read Order]
The Income Tax Department has raised serious concerns over the funding of Indian NGOs and Trusts by foreign entities, alleging that such financial support aimed to obstruct public projects and...
![Foreign Entities Funding Indian NGOs to Disrupt Public Projects of India: Income Tax Dept to Supreme Court against Environics Trust [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Income-Tax-Income-tax-news-Supreme-court-NGO-Environics-Trust-NGO-taxscan.jpg "Foreign Entities Funding Indian NGOs to Disrupt Public Projects of India: Income Tax Dept to Supreme Court against Environics Trust [Read Order]")
Denial of Exemption Claim u/s 10(23C) (VI) of Income Tax Act: Kerala HC directs to Consider Stay Petition [Read Order]
The Kerala High Court directed to consider a stay petition against the denial of an exemption claim under section 10(23C) (VI) of the Income Tax Act, 1961. The court held that it cannot presume the...
![Denial of Exemption Claim u/s 10(23C) (VI) of Income Tax Act: Kerala HC directs to Consider Stay Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Kerala-High-Court-Denial-of-Exemption-Claim-Income-Tax-Income-tax-news-Audit-Report-TAXSCAN.jpg "Denial of Exemption Claim u/s 10(23C) (VI) of Income Tax Act: Kerala HC directs to Consider Stay Petition [Read Order]")
ITAT quashes Ex-Parte Assessment Order passed without considering Valuation Report u/s 12A of Income Tax Act [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the ex parte assessment order passed without considering the Valuation report under Section 12A of the Income Tax Act, 1961. ...
![ITAT quashes Ex-Parte Assessment Order passed without considering Valuation Report u/s 12A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Hyderabad-Income-tax-Income-tax-news-Assessment-Order-taxscan.jpg "ITAT quashes Ex-Parte Assessment Order passed without considering Valuation Report u/s 12A of Income Tax Act [Read Order]")
![Revised Form 10 can be File During Reassessment Proceedings: Delhi HC rules in favour of Canara Bank Relief Welfare Society [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Reassessment-Proceedings-Delhi-High-Court-Canara-Bank-Relief-Welfare-Society-Form-10-filing-during-reassessment-Revised-Form-10-filing-taxscan.jpg "Revised Form 10 can be File During Reassessment Proceedings: Delhi HC rules in favour of Canara Bank Relief Welfare Society [Read Order]")