![Income Tax Deduction u/s 80IA(4)(iii) Allowable on Obtaining Govt Approval to Industrial Park: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Income-Tax-Deduction-80IA4iii-Allowable-on-Obtaining-Govt-Approval-to-Industrial-Park-Bombay-HC-TAXSCAN.jpg "Income Tax Deduction u/s 80IA(4)(iii) Allowable on Obtaining Govt Approval to Industrial Park: Bombay HC [Read Order]")
Income Tax Deduction u/s 80IA(4)(iii) Allowable on Obtaining Govt Approval to Industrial Park: Bombay HC [Read Order]
The Bombay High Court ruled that income tax deduction under Section 80IA(4)(iii) allowable on obtaining Government approval to Industrial Park. ...
![Â No addition can be made on basis of Rejected Book of Account by Assessing Officer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/book-of-account-Assessing-Officer-ITAT-addition-rejection-taxscan.jpg "Â No addition can be made on basis of Rejected Book of Account by Assessing Officer: ITAT [Read Order]")
![CBDT issues Guidelines and Procedure for Complete Scrutiny of ITRs during FY 2023-24 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/05/CBDT-issues-Guidelines-Procedure-Complete-Scrutiny-ITRs-taxscan.jpg "CBDT issues Guidelines and Procedure for Complete Scrutiny of ITRs during FY 2023-24 [Read Circular]")
![Capital Gain Exemption u/s 54F of Act Allowable for Purchase of Property along with Husband and Son: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Capital-Gain-Exemption-Capital-Gain-Purchase-of-Property-Purchase-of-Property-Property-Husband-and-Son-ITAT-Income-Tax-taxscan.jpg "Capital Gain Exemption u/s 54F of Act Allowable for Purchase of Property along with Husband and Son: ITAT [Read Order]")
AO Bound to give Explanation for Not Accepting Submissions of Assessee through a Speaking Order u/s 69 of Income Tax Act: ITAT [Read Order]
The Chandigarh Income Tax Appellate Tribunal (ITAT) has recently held that assessing officers are bound to give explanation for not accepting submissions of assessee through a speaking order under...
![AO Bound to give Explanation for Not Accepting Submissions of Assessee through a Speaking Order u/s 69 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/AO-Explanation-Assessee-Income-Tax-Act-ITAT-Income-Tax-Taxscan.jpg "AO Bound to give Explanation for Not Accepting Submissions of Assessee through a Speaking Order u/s 69 of Income Tax Act: ITAT [Read Order]")
ITAT deletes Addition u/s 68B of IT Act on Unexplained Investment: Gujarat HC issues Returnable Notice for Final dispose [Read Order]
The Gujarat High Court issued a returnable notice for final disposal of the deletion of the addition made by the Appellate Tribunal under section 68B of Income Tax Act, 1961 on Unexplained...
![ITAT deletes Addition u/s 68B of IT Act on Unexplained Investment: Gujarat HC issues Returnable Notice for Final dispose [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/ITAT-Income-Tax-Act-Income-Tax-Tax-Unexplained-Investment-Investment-Gujarat-High-Court-Returnable-Notice-Notice-taxscan.jpg "ITAT deletes Addition u/s 68B of IT Act on Unexplained Investment: Gujarat HC issues Returnable Notice for Final dispose [Read Order]")
No Information as to Purchase in Books of Accounts was adjusted for Purchase Return: ITAT restores matter [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT), restored matter to the file of Assessing Officer (AO) on the ground that no information as to purchase in books of accounts was...
![No Information as to Purchase in Books of Accounts was adjusted for Purchase Return: ITAT restores matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Purchase-Purchase-in-Books-of-Accounts-Books-of-Accounts-Purchase-Return-ITAT-taxscan.jpg "No Information as to Purchase in Books of Accounts was adjusted for Purchase Return: ITAT restores matter [Read Order]")
Shareholders failed to prove Source of their Investments: ITAT grants Opportunity to prove Genuineness and Creditworthiness of Shareholder [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) grants the opportunity to prove the genuineness and creditworthiness of shareholders as they file to prove the source of Investment. ...
![Shareholders failed to prove Source of their Investments: ITAT grants Opportunity to prove Genuineness and Creditworthiness of Shareholder [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Source-of-Investments-ITAT-Investments-Genuineness-of-Shareholders-Creditworthiness-of-Shareholder-taxscan.jpg "Shareholders failed to prove Source of their Investments: ITAT grants Opportunity to prove Genuineness and Creditworthiness of Shareholder [Read Order]")
Imported Goods Re-Exported by a Unit Duly Approved by Development Commissioner of the Concerned SEZ, allowable for Exemption u/s 10AA: ITAT [Read Order]
The Income Tax Appellate Tribunal(ITAT), Mumbai Bench, has recently in an appeal filed before it, held that imported goods re-exported by a unit duly approved by development commissioner of the...
![Imported Goods Re-Exported by a Unit Duly Approved by Development Commissioner of the Concerned SEZ, allowable for Exemption u/s 10AA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Imported-Goods-Re-Export-Development-Commissioner-SEZ-ITAT-taxscan.jpg "Imported Goods Re-Exported by a Unit Duly Approved by Development Commissioner of the Concerned SEZ, allowable for Exemption u/s 10AA: ITAT [Read Order]")
Non-Compliance due to delay in getting Notice from Authority, Penalty U/s 271(1)(b) not sustainable: ITAT [Read Order]
Non- compliance due to delay in getting notice from the authority, the Allahabad Bench of the Income Tax Appellate Tribunal (ITAT)has held that penalty under section 271(1)(b) is not sustainable. ...
![Non-Compliance due to delay in getting Notice from Authority, Penalty U/s 271(1)(b) not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/notice-from-Authority-Penalty-ITAT-taxscan.jpeg "Non-Compliance due to delay in getting Notice from Authority, Penalty U/s 271(1)(b) not sustainable: ITAT [Read Order]")
![HUF can’t be Taxed after Its Partition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/HUF-Income-Tax-Taxscan.jpg "HUF can’t be Taxed after Its Partition: ITAT [Read Order]")