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![Wrong Classification of Wages: ITAT Directs Reclassification as Direct Expenses, Deletes Addition for Incorrect Stock Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/stock-valuation.jpg "Wrong Classification of Wages: ITAT Directs Reclassification as Direct Expenses, Deletes Addition for Incorrect Stock Valuation [Read Order]")
Wrong Classification of Wages: ITAT Directs Reclassification as Direct Expenses, Deletes Addition for Incorrect Stock Valuation [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition made due to the alleged undervaluation of stock, directing the...
![Relief to Reebok India: ITAT quashes Assessment order barred by Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-Reebok-India-assessment-order-assessment-Taxscan.jpg "Relief to Reebok India: ITAT quashes Assessment order barred by Limitation [Read Order]")
![Value of Shares Determined by Merchant Banker shall be Taken for Computation of Perquisite and TDS Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Shares-Merchant-Banker-Computation-of-Perquisite-TDS-Liability-ITAT-taxscan.jpg "Value of Shares Determined by Merchant Banker shall be Taken for Computation of Perquisite and TDS Liability: ITAT [Read Order]")
![Enquiry would not be initiated against an assessee if any document of IDS declaration found during search or survey: CBDT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/07/Income-Declaration-Scheme-2016.jpg "Enquiry would not be initiated against an assessee if any document of IDS declaration found during search or survey: CBDT [Read Circular]")