![Determination of Income in Assessment Order cannot be basis for Filing of ITR u/s 139 (1): ITAT Quashes Penalty u/s 271 F of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Labor-Expenses-Capitalised-Land-value-No-Deduction-claimed-P-L-Account-ITAT-deletes-taxscan.jpg "Determination of Income in Assessment Order cannot be basis for Filing of ITR u/s 139 (1): ITAT Quashes Penalty u/s 271 F of Income Tax Act [Read Order]")
Determination of Income in Assessment Order cannot be basis for Filing of ITR u/s 139 (1): ITAT Quashes Penalty u/s 271 F of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT) quashes penalty under Section 271F of the Income Tax Act, stating that determination of income in the...
![No Disallowance on payments towards PF and ESI made before due date of filing Income Tax Return u/s 139(1) of Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/disallowance-payments-PF-and-ESI-Income-Tax-Return-us-1391-of-Act-ITAT-TAXSCAN.jpg "No Disallowance on payments towards PF and ESI made before due date of filing Income Tax Return u/s 139(1) of Act: ITAT [Read Order]")
![Penalty u/s 271(1) shall be Calculated Based on Additions Made to Income Disclosed in ITR u/s 139(1) of Income Tax Act : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Kolkata-Income-Tax-ITR-Income-Tax-Return-TAXSCAN.jpg "Penalty u/s 271(1) shall be Calculated Based on Additions Made to Income Disclosed in ITR u/s 139(1) of Income Tax Act : ITAT [Read Order]")
![Carry Forward of Losses of Vodafone Idea: Supreme Court issues Notice in Income Tax Dept’s SLP on Delay Condonation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Losses-Vodafone-Idea-Supreme-Court-Income-Tax-Dept-SLP-Delay-Condonation-taxscan.jpg "Carry Forward of Losses of Vodafone Idea: Supreme Court issues Notice in Income Tax Dept’s SLP on Delay Condonation [Read Order]")
![Prosecution not sustainable when Tax payable after Credit of prepaid Taxes less than Rs 3000: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Tax-payable-Prosecution-Sustainable-Prosecution-not-Sustainable-Credit-of-Prepaid-Taxes-Prepaid-Taxes-taxscan.jpg "Prosecution not sustainable when Tax payable after Credit of prepaid Taxes less than Rs 3000: Madras HC [Read Order]")
Failure to prove Statement and Certificate filed along with Form No.67Â u /r 128(8)(ii) IT Rules for claiming FTC in which Income received from Kazakhstan Employer: ITAT directs Re-Adjudication
The Income Tax Appellate Tribunal (ITAT), Pune bench, while directing readjudication in respect of Foreign Tax Credit (FTC), observed that the assessee had failed to prove the statement and...
Commissioner of Income Tax empowered to condone delay for Filing Return u/s 119 (2)(b) of Income Tax Act: Kerala HC directs to CIT to Condone Delay [Read Order]
A Single Bench of Kerala High Court directed the Commissioner of Income Tax Appeal (CIT(A)) to condone delay as the Commissioner of Income Tax is empowered to condone delay for filing return under...
![Commissioner of Income Tax empowered to condone delay for Filing Return u/s 119 (2)(b) of Income Tax Act: Kerala HC directs to CIT to Condone Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Commissioner-of-Income-Tax-Income-Tax-condone-delay-Kerala-HC-kerala-high-court-high-court-taxscan.jpg "Commissioner of Income Tax empowered to condone delay for Filing Return u/s 119 (2)(b) of Income Tax Act: Kerala HC directs to CIT to Condone Delay [Read Order]")
Non-Responding and Non-Complaining before PCIT when issue Restored to AO for Proper Enquiries cannot make Revision Illegal and not Maintainable: ITAT [Read Order]
The Raipur Bench of Income Tax Appellate Tribunal (ITAT) has held that non responding and non-complaining before Principal Commissioner of Income Tax (PCIT) when issue was restored to the Assessing...
![Non-Responding and Non-Complaining before PCIT when issue Restored to AO for Proper Enquiries cannot make Revision Illegal and not Maintainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Non-Responding-and-Non-Complaining-before-PCIT-when-issue-Restored-Proper-Enquiries-Revision-Illegal-Maintainable-ITAT-TAXSCAN.jpg "Non-Responding and Non-Complaining before PCIT when issue Restored to AO for Proper Enquiries cannot make Revision Illegal and not Maintainable: ITAT [Read Order]")
Assessee adopted an Evasive/lackadaisical Approach and didn't Participate in Assessment Proceedings: ITAT upheld Addition u/s 69A of Income Tax Act [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) upheld the addition under Section 69A of the Income Tax Act, 1961 for the unexplained cash as the assessee adopted an evasive or...
![Assessee adopted an Evasive/lackadaisical Approach and didnt Participate in Assessment Proceedings: ITAT upheld Addition u/s 69A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Assessee-Evasive-lackadaisical-Approach-Participate-Assessment-Proceedings-ITAT-Addition-Income-Tax-Act-TAXSCAN.jpg "Assessee adopted an Evasive/lackadaisical Approach and didnt Participate in Assessment Proceedings: ITAT upheld Addition u/s 69A of Income Tax Act [Read Order]")
Challenge of final order passed by Settlement Commissioner after 9 years: Calcutta HC dismisses Income Tax Appeal [Read Order]
The Calcutta High Court dismissed an income tax appeal on the ground that the challenge of the final order passed by Settlement Commissioner was made after 9 years. The appeal is directed against...
![Challenge of final order passed by Settlement Commissioner after 9 years: Calcutta HC dismisses Income Tax Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Challenge-final-order-passed-Settlement-Commissioner-Calcutta-HC-Income-Tax-Appeal.jpg "Challenge of final order passed by Settlement Commissioner after 9 years: Calcutta HC dismisses Income Tax Appeal [Read Order]")
Mere Change of Opinion by AO can't be a Reason to Reopen Assessment Proceeding u/s 147 of Assessment Proceeding: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that a mere change of opinion by the Assessing Officer cannot be a reason to reopen the assessment proceedings under Section 147...
![Mere Change of Opinion by AO cant be a Reason to Reopen Assessment Proceeding u/s 147 of Assessment Proceeding: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Mere-Change-of-Opinion-Reason-to-Reopen-Assessment-Proceeding-Income-Tax-Act-ITAT-TAXSCAN.jpg "Mere Change of Opinion by AO cant be a Reason to Reopen Assessment Proceeding u/s 147 of Assessment Proceeding: ITAT [Read Order]")
Assessee Co-Operative Society Governed by Due Date of Filing Return as per Maharashtra Co-Operative Society Act: ITAT allows Deduction u/s. 80P of Income Tax Act [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has allowed the deduction under Section 80P of the Income Tax Act ,1961 holding that the assessee co-operative society would be governed by...
![Assessee Co-Operative Society Governed by Due Date of Filing Return as per Maharashtra Co-Operative Society Act: ITAT allows Deduction u/s. 80P of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Assessee-Co-Operative-Society-ITAT-income-tax-act-Maharashtra-Co-Operative-Society-Act-taxscan.jpg "Assessee Co-Operative Society Governed by Due Date of Filing Return as per Maharashtra Co-Operative Society Act: ITAT allows Deduction u/s. 80P of Income Tax Act [Read Order]")