![Taxpayer provides Full Details pertaining to LTCG as Exempt u/s 10(38) of Income Tax Act: ITAT quashes Reopening Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-ITAT-Delhi-Long-Term-Capital-Gain-Income-Tax-ReAssessment-Reopening-Assessment-Capital-Gains-Taxscan.jpg "Taxpayer provides Full Details pertaining to LTCG as Exempt u/s 10(38) of Income Tax Act: ITAT quashes Reopening Assessment [Read Order]")
Taxpayer provides Full Details pertaining to LTCG as Exempt u/s 10(38) of Income Tax Act: ITAT quashes Reopening Assessment [Read Order]
The two member bench of the Income Tax Appellate Tribunal( ITAT ) comprising G.S Pannu ( Vice President) and Anubhav Sharma ( Judicial member) Delhi,...
![Calcutta HC dismiss Writ Petition on Availability of Appeal under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/calcutta-high-court-Income-Tax-Act-Calcutta-HC-Dismiss-Writ-Petition-income-tax-news-taxscan.jpg "Calcutta HC dismiss Writ Petition on Availability of Appeal under Income Tax Act [Read Order]")
![Bombay HC quashes Reassessment Notice under Income Tax Act in Absence of Change in Opening and Closing Stock of NCDs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Bombay-high-court-Income-Tax-Income-tax-news-non-convertible-debts-Tax-reassessment-taxscan.jpeg "Bombay HC quashes Reassessment Notice under Income Tax Act in Absence of Change in Opening and Closing Stock of NCDs [Read Order]")
![Notice issued u/s 148 of Income Tax Act Wholly without Jurisdiction and Bad in law: ITAT quashes Reopening of Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-mumbai-Income-Tax-Act-Section-148-of-the-Income-Tax-Act-taxscan.jpg "Notice issued u/s 148 of Income Tax Act Wholly without Jurisdiction and Bad in law: ITAT quashes Reopening of Assessment [Read Order]")
Madras HC dismisses WP against Revision Order, Stresses Distinction from Scrutiny Assessment Order u/s 143(3) of IT Act; Directs Pursuit of Statutory Appeal [Read Order]
The Madras High Court has upheld an order under Section 263 of the Income Tax Act, dismissing a writ petition filed against it. The court emphasised the clear distinction between the scrutinised...
![Madras HC dismisses WP against Revision Order, Stresses Distinction from Scrutiny Assessment Order u/s 143(3) of IT Act; Directs Pursuit of Statutory Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Madras-HC-WP-Revision-Order-Scrutiny-Assessment-Order-IT-Act-Statutory-Appeal-taxscan.jpg "Madras HC dismisses WP against Revision Order, Stresses Distinction from Scrutiny Assessment Order u/s 143(3) of IT Act; Directs Pursuit of Statutory Appeal [Read Order]")
ITAT allows Capital Gain Deduction for Additional Compensation Paid to Vendors for Land Acquisition Costs, Finding no grounds for doubt [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) allowed capital gain deduction for additional compensation of Rs. 25 lakhs paid to vendors for land acquisition costs, finding no grounds...
![ITAT allows Capital Gain Deduction for Additional Compensation Paid to Vendors for Land Acquisition Costs, Finding no grounds for doubt [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Delhi-Income-tax-Income-tax-news-Capital-gain-taxscan.jpg "ITAT allows Capital Gain Deduction for Additional Compensation Paid to Vendors for Land Acquisition Costs, Finding no grounds for doubt [Read Order]")
ITAT directs to Rectify Assessment Order passed u/s 143(3)of Income Tax Act regarding 80P deduction [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Bangalore bench directed to rectify the assessment order passed under Section 143(3) of the Income Tax Act, 1961 regarding the 80P deduction . The...
![ITAT directs to Rectify Assessment Order passed u/s 143(3)of Income Tax Act regarding 80P deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Bangalore-Income-Tax-Deduction-TAXSCAN.jpg "ITAT directs to Rectify Assessment Order passed u/s 143(3)of Income Tax Act regarding 80P deduction [Read Order]")
Framing of Assessment in name of non-existing entity is invalid and Void Ab-initio: ITAT quashes Assessment Order u/s 143(3) of Income Tax Act [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) invalidated the assessment order under Section 143(3) of the Income Tax Act, 1961 stating it as null and void from the beginning,...
![Framing of Assessment in name of non-existing entity is invalid and Void Ab-initio: ITAT quashes Assessment Order u/s 143(3) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Kolkata-Income-Tax-Assessment-Order-TAXSCAN.jpg "Framing of Assessment in name of non-existing entity is invalid and Void Ab-initio: ITAT quashes Assessment Order u/s 143(3) of Income Tax Act [Read Order]")
Satisfaction Note not provided: ITAT rejects Assessment Order due to Oversight and Typographical Error u/s 143(3) of Income Tax Act [Read Order]
The Chennai bench Income Tax Appellate Tribunal ( ITAT ), rejected the assessment order under Section 143(3) of the Income Tax Act, 1961, due to oversight and typographical error, as the satisfaction...
![Satisfaction Note not provided: ITAT rejects Assessment Order due to Oversight and Typographical Error u/s 143(3) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Chennai-Income-Tax-Satisfaction-Note-TAXSCAN.jpg "Satisfaction Note not provided: ITAT rejects Assessment Order due to Oversight and Typographical Error u/s 143(3) of Income Tax Act [Read Order]")