![Assessee can Apply for Registration u/s 80G(5)(iii) Within 6 Months After commencement of activity: Calcutta HC Upholds ITAT’s Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-Court-ITAT-ITAT-Order-HC-Upholds-ITATs-Order-section-80g5iii-Income-Tax-Act-taxscan.jpeg "Assessee can Apply for Registration u/s 80G(5)(iii) Within 6 Months After commencement of activity: Calcutta HC Upholds ITAT’s Order [Read Order]")
Assessee can Apply for Registration u/s 80G(5)(iii) Within 6 Months After commencement of activity: Calcutta HC Upholds ITAT’s Order [Read Order]
In a recent case, the Calcutta High Court upheld the decision of Income Tax Appellate Tribunal ( Tribunal ) that the assessee can apply for...
![Issue of Bogus Loss on Sale of Share does not arise From ITAT Order Challenged in Petition: Calcutta HC dismisses Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/income-Tax-Income-Tax-Order-Issue-of-Bogus-Loss-writ-petition-TAXSCAN.jpg "Issue of Bogus Loss on Sale of Share does not arise From ITAT Order Challenged in Petition: Calcutta HC dismisses Petition [Read Order]")
![Calcutta HC upholds ITATs deletion of Income Tax Addition u/s 69 of the Income Tax Act due to lack of Direct Evidence against Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-tax-act-Income-Tax-Appellate-Tribunal-Calcutta-HC-Section-69-Income-tax-act-taxscan.jpg "Calcutta HC upholds ITATs deletion of Income Tax Addition u/s 69 of the Income Tax Act due to lack of Direct Evidence against Assessee [Read Order]")
![Relief Granted to Trust Despite Late Audit Report Submission: Calcutta High Court Upholds ITATs Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-Calcutta-HC-Income-Tax-Audit-Direct-Taxes-TAXSCAN.webp "Relief Granted to Trust Despite Late Audit Report Submission: Calcutta High Court Upholds ITATs Decision [Read Order]")
Addition u/s 68 of Income Tax Act is invalid as AO fails to Verify Genuineness of Transaction: Calcutta High Court dismiss Appeal [Read Order]
The Calcutta High court dismissed the appeal as it lacked a substantial question of law. The Court found that the addition was made under section 68 of the Income Tax Act, 1961 as the Assessing...
![Addition u/s 68 of Income Tax Act is invalid as AO fails to Verify Genuineness of Transaction: Calcutta High Court dismiss Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-court-Income-Tax-Income-Tax-Act-section-68-Income-Tax-Act-Genuineness-of-Transaction-taxscan.jpg "Addition u/s 68 of Income Tax Act is invalid as AO fails to Verify Genuineness of Transaction: Calcutta High Court dismiss Appeal [Read Order]")
Unexplained Cash Deposit Addition made after deducting withdrawals: Rajasthan HC confirms Penalty u/s 271 [Read Order]
The Rajasthan High Court has upheld a penalty imposed under Section 271(1)(c) of the Income Tax Act, confirming that the unexplained cash deposits were correctly added by the income tax department...
Income Tax Dept fails to Contradict Taxpayer’s Evidence for LTCG from Share Sale: Rajasthan HC Upholds ITAT Order [Read Order]
In a recent ruling, the Rajasthan High Court upheld the order of the Income Tax Appellate Tribunal ( ITAT ), observing that the income tax department failed to provide any contradictory evidence...
![Income Tax Dept fails to Contradict Taxpayer’s Evidence for LTCG from Share Sale: Rajasthan HC Upholds ITAT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/income-tax-LTCG-from-Share-Sale-Income-Tax-Dept-ITAT-Order-Rajasthan-HC-Upholds-ITAT-Order-income-tax-news-itat-news-rajasthan-hc-news-share-sale-tax-news-taxscan.jpg "Income Tax Dept fails to Contradict Taxpayer’s Evidence for LTCG from Share Sale: Rajasthan HC Upholds ITAT Order [Read Order]")
Rajasthan HC upholds ITAT Decision Deleting Addition Made on Capital Gain from Share Sale, Dismisses Income Tax Dept's Appeal [Read Order]
The Rajasthan High Court, while dismissing the appeal filed by the Income Tax Department under Section 260A of the Income Tax Act, 1961 challenging the order passed by the Income Tax Appellate...
![Rajasthan HC upholds ITAT Decision Deleting Addition Made on Capital Gain from Share Sale, Dismisses Income Tax Depts Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Rajasthan-High-Court-ITAT-Decision-Capital-Gain-Share-Sale-Income-Tax-Dept-Appeal-taxscan.jpg "Rajasthan HC upholds ITAT Decision Deleting Addition Made on Capital Gain from Share Sale, Dismisses Income Tax Depts Appeal [Read Order]")
![AO cannot Draw Adverse Inference on Non response of Directors to Notices: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/AO-Draw-Adverse-Inference-Non-response-Directors-Notices-Calcutta-HC-taxscan.jpg "AO cannot Draw Adverse Inference on Non response of Directors to Notices: Calcutta HC [Read Order]")
Licensing of software products of Microsoft in Territory of India is not taxable in India: Supreme Court Dismisses SLP
The Supreme Court dismissed the Special Leave Petition ( SLP ) arose out of impugned final judgment and order passed by the High Court. The court upheld the order of High Court wherein it was ruled...
Use of Trademark incidental to Advertisement is Business Income, Not Royalty and FTS: Delhi HC grants relief to Hyatt International [Read Order]
In a major relief to Hyatt International Southwest Asia, the Delhi High Court ruled that the use of trademark incidental to advertisement is business income and not Royalty and fees for technical...
