![No deduction shall be allowable if Payment of Employee Contribution towards PF & ESI not made due Date As per PF & ESI Act :ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-deduction-allowable-Payment-Employee-Contribution-PF-ESI-due-Date-PF-ESI-Act-ITAT-TAXSCAN.jpg "No deduction shall be allowable if Payment of Employee Contribution towards PF & ESI not made due Date As per PF & ESI Act :ITAT [Read Order]")
No deduction shall be allowable if Payment of Employee Contribution towards PF & ESI not made due Date As per PF & ESI Act :ITAT [Read Order]
The Mumbai  Bench of Income Tax Appellate Tribunal (ITAT) has held that no deduction should be allowed if payment of employee contribution towards...
![ITAT Upholds Disallowance made u/s 143(1) of Income Tax Act on ground of Late Deposition of Employee’s Contribution to PF/ESI [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Uphold-Employees-Contribution-Provident-fund-deposit-Disallowance-income-tax-taxscan.jpg "ITAT Upholds Disallowance made u/s 143(1) of Income Tax Act on ground of Late Deposition of Employee’s Contribution to PF/ESI [Read Order]")
![No Disallowance u/s.40A (3) of Income Tax Act on Payment made towards Purchase of Beer from State Government: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/disallowance-Income-Tax-Act-payment-Purchase-Beer-State-Government-ITAT-income-tax-taxscan.jpg "No Disallowance u/s.40A (3) of Income Tax Act on Payment made towards Purchase of Beer from State Government: ITAT [Read Order]")
![Assessee should get Reasonable Opportunity before Making Addition u/s 40A (7) before Processing Rectification Application: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessee-get-Reasonable-Opportunity-before-Making-Addition-Processing-Rectification-Application-ITAT-TAXSCAN.jpg "Assessee should get Reasonable Opportunity before Making Addition u/s 40A (7) before Processing Rectification Application: ITAT [Read Order]")
![Penalty u/s 271(1)(c) Cannot be Imposed when Income Determined on Estimate Basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-Income-Determined-Income-Determined-on-Estimate-Basis-Estimate-Basis-ITAT-Income-Tax-taxscan.jpg "Penalty u/s 271(1)(c) Cannot be Imposed when Income Determined on Estimate Basis: ITAT [Read Order]")
Deduction u/s 36(1) (va) Allowable Only if Employees’ Share in Relevant Funds Are Deposited before due Date Stipulated in Respective Acts: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, held that deduction under Section 36(1) (va) is allowable only if employees’ share in relevant funds...
![Deduction u/s 36(1) (va) Allowable Only if Employees’ Share in Relevant Funds Are Deposited before due Date Stipulated in Respective Acts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Deduction-Employees-Share-in-Relevant-Funds-ITAT-Employees-Share-Relevant-Funds-taxscan.jpg "Deduction u/s 36(1) (va) Allowable Only if Employees’ Share in Relevant Funds Are Deposited before due Date Stipulated in Respective Acts: ITAT [Read Order]")
Pendency of Applications: Delhi HC directs Assessment Officer to Decide Pending Rectification Application [Read Order]
In a recent development, the Delhi High Court has directed the Jurisdictional Assessing Officer (JAO) to render a decision on the pending rectification application filed by the assessee. The...
![Pendency of Applications: Delhi HC directs Assessment Officer to Decide Pending Rectification Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessment-officer-Pendency-of-Applications-rectification-application-direction-to-decide-pending-rectification-application-Delhi-Highcourt-directs-Assessment-Officer-taxscan.jpg "Pendency of Applications: Delhi HC directs Assessment Officer to Decide Pending Rectification Application [Read Order]")
Re-Assessment Order Passed Completely Inconsistent With Previous Assessment without a valid reason is invalid: Delhi HC [Read Order]
The Delhi High Court has held that the re-assessment order passed completely inconsistent with the previous assessment without a valid reason is invalid. Prem Kumar Chopra, the petitioner, a...
![Re-Assessment Order Passed Completely Inconsistent With Previous Assessment without a valid reason is invalid: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Re-Assessment-Order-Passed-Completely-Inconsistent-With-Previous-Assessment-Delhi-HC-TAXSCAN.jpg "Re-Assessment Order Passed Completely Inconsistent With Previous Assessment without a valid reason is invalid: Delhi HC [Read Order]")
![ITAT disallows Deduction under Section 80P Due to Late Submission of Return [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-disallows-Deduction-ITAT-disallows-Deduction-Late-Submission-of-Return-Submission-of-Return-taxscan.jpg "ITAT disallows Deduction under Section 80P Due to Late Submission of Return [Read Order]")
Addition of loan Amount as Outstanding Balance without Proper Evidence and Documents: ITAT directs AO to Re-adjudicate [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has directed the Assessing Officer to re-adjudicate the case regarding the addition of a loan amount as an outstanding balance. The...
![Addition of loan Amount as Outstanding Balance without Proper Evidence and Documents: ITAT directs AO to Re-adjudicate [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/loan-Amount-as-Outstanding-Balance-Proper-Evidence-Documents-ITAT-Re-adjudicate-Addition-of-loan-Amount-taxscan.jpg "Addition of loan Amount as Outstanding Balance without Proper Evidence and Documents: ITAT directs AO to Re-adjudicate [Read Order]")
Income has to be Computed after making Disallowance and 40% Resultant Income to be Treated as Taxable Income: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT), ruled that the income has to be computed after making disallowance and 40% resultant income to be treated as taxable income. The...
![Income has to be Computed after making Disallowance and 40% Resultant Income to be Treated as Taxable Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Income-Income-has-to-be-Computed-Disallowance-Resultant-Income-Taxable-Income-ITAT-Income-Tax-taxscan.jpg "Income has to be Computed after making Disallowance and 40% Resultant Income to be Treated as Taxable Income: ITAT [Read Order]")