![No Taxable Capital Gain from JDA: ITAT quashes revision order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/capital-gain-JDA-ITAT-revision-order-taxscan.jpg "No Taxable Capital Gain from JDA: ITAT quashes revision order [Read Order]")
No Taxable Capital Gain from JDA: ITAT quashes revision order [Read Order]
The Income Tax Appellate Tribunal (ITAT), quashed revision order since no taxable capital-gain from Joint Development Agreement (JDA). The...
![AO should take Cognizance of Claim made by Assessee on filing of Revised Returns and should proceed in Assessment Stage: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Claim-Revised-Returns-Assessment-ITAT-taxscan.jpg "AO should take Cognizance of Claim made by Assessee on filing of Revised Returns and should proceed in Assessment Stage: ITAT [Read Order]")
![Limitation Period not applicable When There is No Full and True Disclosure: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Madras-HC-taxscan.jpeg "Limitation Period not applicable When There is No Full and True Disclosure: Madras HC [Read Order]")
![Notice u/s 143(2) served on Wrong Address invalidates Assessment Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Notice-Assessment-Order-ITAT-taxscan.jpg "Notice u/s 143(2) served on Wrong Address invalidates Assessment Order: ITAT [Read Order]")
Acceptance of Returned Income by AO after Proper Inquiry: ITAT quashes Revisional Order [Read Order]
The Income Tax Appellate Tribunal Bangalore (ITAT), has quashed the revisional order of Principal Commissioner of Income Tax (PCIT) as acceptance of returned income was done by Assessing Officer (AO)...
![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]
The Central Board Of Direct Taxes (CBDT), ITA –II division, Dept. of Revenue, Ministry Of Finance, New Delhi, has recently issued guidelines clarifying that when a return has been furnished in...
![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]
Legal necessity of passing transfer order under Section 127 cannot be foregone even if transfer made at request of assessee, so was held by the Income Tax Appellate Tribunal (ITAT), Jaipur. The...
![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]")