![Distribution of Samples of Infant Milk Substitutes, Feeding Bottles and Infant Foods are Legally Prohibited Activities: ITAT disallows Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Infant-Milk-Substitutes-Feeding-Bottles-Infant-Foods-ITAT-Expenditure-TAXSCAN.jpg "Distribution of Samples of Infant Milk Substitutes, Feeding Bottles and Infant Foods are Legally Prohibited Activities: ITAT disallows Expenditure [Read Order]")
Distribution of Samples of Infant Milk Substitutes, Feeding Bottles and Infant Foods are Legally Prohibited Activities: ITAT disallows Expenditure [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has disallowed expenditure holding that the distribution of samples of infant milk...
![No Satisfaction of Jurisdictional conditions by AO: Bombay HC quashes Re-Assessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Bombay-High-Court-Re-Assessment-Notice-Bombay-HC-quashes-Re-Assessment-Notice-Jurisdictional-conditions-AO-Assessing-Officer-Re-Assessment-Taxscan.jpg "No Satisfaction of Jurisdictional conditions by AO: Bombay HC quashes Re-Assessment Notice [Read Order]")
![Failure to Carry Investigation by AO: ITAT discredits Seized Loose Papers as Dumb Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/investigation-AO-ITAT-loose-papers-dumb-documents-taxscan.jpeg "Failure to Carry Investigation by AO: ITAT discredits Seized Loose Papers as Dumb Documents [Read Order]")
![Interest Paid on Delayed TDS Payment is allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Interest-Paid-TDS-Payment-Deduction-ITAT-TAXSCAN.jpeg "Interest Paid on Delayed TDS Payment is allowable as Deduction: ITAT [Read Order]")
No Documentary Evidence to substantiate Performance Related Pay as Expenditure, claim not sustainable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), of Kolkata bench has held that the claim of Performance Related Pay (PRP) is not sustainable when no documentary evidence was produced to substantiate the...
![No Documentary Evidence to substantiate Performance Related Pay as Expenditure, claim not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/documentary-evidence-expenditure-ITAT-taxscan.jpg "No Documentary Evidence to substantiate Performance Related Pay as Expenditure, claim not sustainable: ITAT [Read Order]")
Actual Write-off of doubtful Debts from Corresponding amounts and shown in the Balance Sheet, Addition u/s 115 JB not sustainable: ITAT [Read Order]
The Income Tax Appellate Tribunal(ITAT), Ahmedabad bench held that when actual write-off of diminution in value of the asset from the corresponding amount of trade receivables and shown in the...
![Actual Write-off of doubtful Debts from Corresponding amounts and shown in the Balance Sheet, Addition u/s 115 JB not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/write-off-debts-balance-sheet-ITAT-taxscan.jpg "Actual Write-off of doubtful Debts from Corresponding amounts and shown in the Balance Sheet, Addition u/s 115 JB not sustainable: ITAT [Read Order]")
![Rectification proceedings cannot be invoked by AO in case of Debatable Issues: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Rectification-proceedings-AO-Debatable-Issues-ITAT-taxscan.jpg "Rectification proceedings cannot be invoked by AO in case of Debatable Issues: ITAT [Read Order]")
Set off of Loss incurred in Share Trading by Directors with the Income of Company not valid: ITAT upholds Revisional Order [Read Order]
While upholding the revisional order, the Income Tax Appellate Tribunal (ITAT) Hyderabad bench has held that the set off of loss incurred in share trading by the directors with the income of the...
![Set off of Loss incurred in Share Trading by Directors with the Income of Company not valid: ITAT upholds Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/share-trading-income-ITAT-Revisional-order-taxscan.jpeg "Set off of Loss incurred in Share Trading by Directors with the Income of Company not valid: ITAT upholds Revisional Order [Read Order]")
![Revisional Jurisdiction cannot be invoked on Highly Debatable Issues: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Revisional-Jurisdiction-Debatable-Issues-ITAT-taxscan.jpeg "Revisional Jurisdiction cannot be invoked on Highly Debatable Issues: ITAT [Read Order]")
Penalty can't be imposed where Concealment of Income has not been proven: Delhi High Court [Read Order]
The Delhi High Court, while quashing the appeal of the revenue held that penalty cannot be imposed where concealment of income has not been proven. The assessing officer had passed the assessment...
![Penalty cant be imposed where Concealment of Income has not been proven: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Penalty-concealment-of-income-Delhi-High-Court-Taxscan.jpg "Penalty cant be imposed where Concealment of Income has not been proven: Delhi High Court [Read Order]")
![ITAT quashes ex parte order against Fox Mandal [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/ITAT-ex-parte-order-Fox-Mandal-Taxscan.jpg "ITAT quashes ex parte order against Fox Mandal [Read Order]")