ITAT partly allows Appeal of Nike: Holds Disallowance on Purchase of Trade Samples to be Safeguarded against Double Taxation of Income
The Income Tax Appellate Tribunal Bangalore Benches “C”, has recently in an appeal filed by Nike, held that disallowance on purchase of trade samples...
![Acceptance of Returned Income by AO after Proper Inquiry: ITAT quashes Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Returned-Income-AO-ITAT-Revisional-Order-taxscan.jpg "Acceptance of Returned Income by AO after Proper Inquiry: ITAT quashes Revisional Order [Read Order]")
![No Compulsory Scrutiny when Income Tax Return Furnished u/ s 142(1) based on Departmental Information: CBDT issues Guidelines [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/Compulsory-Scrutiny-Income-Tax-Return-CBDT-taxscan.jpg "No Compulsory Scrutiny when Income Tax Return Furnished u/ s 142(1) based on Departmental Information: CBDT issues Guidelines [Read Circular]")
![Charitable entity u/s 2(15) of Income Tax Act eligible for Exemption u/s 11: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Charitable-entity-IT-Act-ITAT-taxscan.jpeg "Charitable entity u/s 2(15) of Income Tax Act eligible for Exemption u/s 11: ITAT [Read Order]")
![Legal necessity of passing Transfer Order u/s 127 cannot be foregone even If Transfer made at request of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Legal-necessity-transfer-order-assessee-ITAT-taxscan.jpg "Legal necessity of passing Transfer Order u/s 127 cannot be foregone even If Transfer made at request of Assessee: ITAT [Read Order]")
No Notice required to be issued when No Return filed in response to Sec 148 Notice: Jammu & Kashmir HC [Read Order]
The division bench of the Jammu and Kashmir High Court has held that, notice under Section 143(2) of the Income Tax Act was not required to be issued even in the case when no return in response to...
![No Notice required to be issued when No Return filed in response to Sec 148 Notice: Jammu & Kashmir HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Notice-Taxscan.jpg "No Notice required to be issued when No Return filed in response to Sec 148 Notice: Jammu & Kashmir HC [Read Order]")
ITAT Quashes Assessment Orders since Competent Authority omitted to Issue Scrutiny Notices [Read Order]
The Income Tax Appellate Authority ( ITAT ), Kolkata has set aside the assessment orders passed against the Lexmark International (India) Pvt Ltd, by finding that the authority who passed the scrutiny...
![ITAT Quashes Assessment Orders since Competent Authority omitted to Issue Scrutiny Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/ITAT-Exemption-Taxscan.jpg "ITAT Quashes Assessment Orders since Competent Authority omitted to Issue Scrutiny Notices [Read Order]")
Limited Scrutiny applicable only in cases where AO seeks to do Comprehensive Scrutiny to Find if there is Potential Escapement of Income: Kerala HC [Read Judgment]
The Kerala High Court held that Limited Scrutiny was applicable only in cases where the Assessing Officer needs to take the case of the assessee for a comprehensive scrutiny on a finding that there is...
![Limited Scrutiny applicable only in cases where AO seeks to do Comprehensive Scrutiny to Find if there is Potential Escapement of Income: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/06/Limited-Scrutiny-Kerala-High-Court-Taxscan.jpg "Limited Scrutiny applicable only in cases where AO seeks to do Comprehensive Scrutiny to Find if there is Potential Escapement of Income: Kerala HC [Read Judgment]")
![Revised Return can be Filed after Receiving Income Tax Notice: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Revised-Return-Taxscan.jpg "Revised Return can be Filed after Receiving Income Tax Notice: ITAT [Read Order]")
Scrutiny Assessment without a notice u/s 143(2) within the prescribed Time is Invalid: Delhi HC grants relief to NIC [Read Order]
In a major relief to National Informatics Centre Services Inc., a division bench of the Delhi High Court held that scrutiny assessment without a notice under Section 143(2) of the Income Tax Act...
![Scrutiny Assessment without a notice u/s 143(2) within the prescribed Time is Invalid: Delhi HC grants relief to NIC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/NIC-Taxscan.jpg "Scrutiny Assessment without a notice u/s 143(2) within the prescribed Time is Invalid: Delhi HC grants relief to NIC [Read Order]")
Tax Exemption cannot be denied to a Society Imparting Education to Poor Women due to Non-Recognition of Courses: ITAT [Read Order]
Delhi bench of Income Tax Appellate Tribunal (ITAT) proclaimed in its recent order that society imparting education to poor women is eligible for tax exemption and it doesn’t matter whether the...
![Tax Exemption cannot be denied to a Society Imparting Education to Poor Women due to Non-Recognition of Courses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Tax-Exemptions-Tax-Scan.jpg "Tax Exemption cannot be denied to a Society Imparting Education to Poor Women due to Non-Recognition of Courses: ITAT [Read Order]")