![Filing of Form 67 is a Procedural Requirement: Non-Compliance cannot attract Denial of FTC, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Form-67-Procedural-Requirement-Denial-of-FTC-FTC-ITAT-Income-Tax-taxscan.jpg "Filing of Form 67 is a Procedural Requirement: Non-Compliance cannot attract Denial of FTC, rules ITAT [Read Order]")
Filing of Form 67 is a Procedural Requirement: Non-Compliance cannot attract Denial of FTC, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench, has recently, in an appeal filed before it, ruled that the filing of Form 67 is a procedural...
![Audited Books of Accounts Cannot be Rejected for want of Producing Photocopy of Bills: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Audited-Books-of-Accounts-Photocopy-of-Bills-Bills-ITAT-taxscan.jpg "Audited Books of Accounts Cannot be Rejected for want of Producing Photocopy of Bills: ITAT [Read Order]")
![Income Tax Reassessment Proceedings Initiated during Pendency of Rectification Application is Invalid: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Reassessment-Proceedings-Initiated-during-Pendency-of-Rectification-Application-is-Invalid-Supreme-Court-TAXSCAN.jpg "Income Tax Reassessment Proceedings Initiated during Pendency of Rectification Application is Invalid: Supreme Court [Read Order]")
![Co-Operative Society Eligible to Claim Deduction of Interest from Deposits in Co-Operative Banks: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Co-Operative-Society-Claim-Deduction-of-Interest-Deduction-Deduction-of-Interest-Deposits-Co-Operative-Banks-ITAT-Income-Tax-Taxscan.jpg "Co-Operative Society Eligible to Claim Deduction of Interest from Deposits in Co-Operative Banks: ITAT [Read Order]")
![No Legal or Factual Issue on Merits can be Argued or Re- Argued While Considering Rectification Application: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Legal-Factual-Issue-Argued-Rectification-Application-ITAT-taxscan.jpg "No Legal or Factual Issue on Merits can be Argued or Re- Argued While Considering Rectification Application: ITAT [Read Order]")
Order u/s 148A(d) without considering petitioner’s responses is not valid: Delhi HC sets aside the Order [Read Order]
The Delhi High Court set aside the order under section 148A(d) of the Income Tax Act,1961 passed without considering petitioner’s responses being invalid. Mr Ved Jain, Mr. Nishchay Kantoor &...
![Order u/s 148A(d) without considering petitioner’s responses is not valid: Delhi HC sets aside the Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/petitioner-Delhi-HC-taxscan.jpeg "Order u/s 148A(d) without considering petitioner’s responses is not valid: Delhi HC sets aside the Order [Read Order]")
![Dividend Income needs to treated as Exempt Income u/s.10(34), No Tax Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Dividend-Income-Income-Tax-Liability-ITAT-taxscan.jpg "Dividend Income needs to treated as Exempt Income u/s.10(34), No Tax Liability: ITAT [Read Order]")
TDS Default cannot be alleged on Employee for Non-Remittance by Employer, Interest u/s 234 cannot be Levied: ITAT [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Chandigarh bench has held that the employee cannot be treated as “TDS defaulter” for the fault on the part of the employer who does...
![TDS Default cannot be alleged on Employee for Non-Remittance by Employer, Interest u/s 234 cannot be Levied: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/TDS-Employee-Non-Remittance-Employer-ITAT-TAXSCAN.jpeg "TDS Default cannot be alleged on Employee for Non-Remittance by Employer, Interest u/s 234 cannot be Levied: ITAT [Read Order]")
Deletion of Disallowance u/s 40(a) not valid in the Absence of Verification on Inclusion of Amount in Income: ITAT [Read Order]
The Income Tax Appellate Tribunal Ahmedabad “C” Bench has recently, while allowing an appeal filed by the Revenue, held that deletion of disallowance under section 40(a) is not valid in the absence...
![Deletion of Disallowance u/s 40(a) not valid in the Absence of Verification on Inclusion of Amount in Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Disallowance-Income-ITAT-taxscan.jpg "Deletion of Disallowance u/s 40(a) not valid in the Absence of Verification on Inclusion of Amount in Income: ITAT [Read Order]")
Withdrawal of Interest on Refund u/s 244 A(2) is beyond the Scope of Rectification u/s 154: ITAT Quashes Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bench Mumbai, has recently in a writ petition filed before it, held that the withdrawal of interest on refund u/s 244 A (2), is beyond the scope of...
![Withdrawal of Interest on Refund u/s 244 A(2) is beyond the Scope of Rectification u/s 154: ITAT Quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Interest-On-Refund-ITAT-taxscan.jpg "Withdrawal of Interest on Refund u/s 244 A(2) is beyond the Scope of Rectification u/s 154: ITAT Quashes Order [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]")
Sale Tax Incentive Subsidy and Excise Duty Incentive are Capital Receipt, not chargeable to Tax: ITAT [Read Order]
The sale tax incentive subsidy and excise duty incentive are capital receipt and not chargeable to tax, was ruled by the Delhi bench of the Income Tax Appellate Tribunal (ITAT). The assessee,...
![Sale Tax Incentive Subsidy and Excise Duty Incentive are Capital Receipt, not chargeable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Sale-tax-incentive-subsidy-excise-duty-capital-receipt-ITAT-TAXSCAN.jpeg "Sale Tax Incentive Subsidy and Excise Duty Incentive are Capital Receipt, not chargeable to Tax: ITAT [Read Order]")