Revision of Erroneous Order prejudicial to Interests of Revenue: ITAT refuses to quash and stay operation of Order u/s 263 by CIT(E)
The Jodhpur Bench of the Income Tax Appellate Tribunal (ITAT), refused to quash and stay the operation of order under Section 263 of the Income Tax...
![Domestic Transaction from a Related Party is not a Specified Domestic Transaction u/s 92BA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Specified-Domestic-Transaction-ITAT-taxscan.jpg "Domestic Transaction from a Related Party is not a Specified Domestic Transaction u/s 92BA: ITAT [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]")
![No Jurisdiction of PCIT to Enquire u/s 263 Where Assessee had already Commenced his Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/Cross-Examination-ITAT-Taxscan.jpg "No Jurisdiction of PCIT to Enquire u/s 263 Where Assessee had already Commenced his Business: ITAT [Read Order]")
![Interest on Late deposit of VAT, Service Tax, TDS are allowable Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Professional-Fee-Business-Expenditure-Taxscan.jpg "Interest on Late deposit of VAT, Service Tax, TDS are allowable Business Expenditure: ITAT [Read Order]")
Revisional Jurisdiction can’t be invoked against an Illegal Re-Assessment Order: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the revisional jurisdiction under section 263 of the Income Tax Act cannot be invoked by the Commissioner if the assessment in...
![Revisional Jurisdiction can’t be invoked against an Illegal Re-Assessment Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/05/Revisional-Jurisdiction-ITAT-Taxscan.jpg "Revisional Jurisdiction can’t be invoked against an Illegal Re-Assessment Order: ITAT [Read Order]")
![TDS not applicable to Payment made for Reimbursement of Costs: Bombay High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/04/CBDT-Bombay-High-Court-Taxscan.jpg "TDS not applicable to Payment made for Reimbursement of Costs: Bombay High Court [Read Judgment]")
![Purchase of Land before Sale of Capital Asset ineligible for Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/05/Capital-Asset-ITAT-Taxscan.jpg "Purchase of Land before Sale of Capital Asset ineligible for Income Tax Deduction: ITAT [Read Order]")
Revisional Jurisdiction can’t be exercised on an Issue not covered in Re-Assessment: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the Commissioner of Income Tax cannot invoke revisional jurisdiction under Section 263 of the Income Tax Act in respect on an...
ITAT confirms Assessment against District Judges as there is No Provision in IT Rules Exempting Medical, Conveyance and Sumptuary Allowances [Read Order]
The Cochin bench of Income Tax Appellate Tribunal ( ITAT ) confirmed the assessment order passed by the Commissioner of Income Tax by holding that there is no provision in Income Tax rules exempting...
![ITAT confirms Assessment against District Judges as there is No Provision in IT Rules Exempting Medical, Conveyance and Sumptuary Allowances [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Medical-Allowance-Taxscan.jpg "ITAT confirms Assessment against District Judges as there is No Provision in IT Rules Exempting Medical, Conveyance and Sumptuary Allowances [Read Order]")
Capital Gain Exemption allowed by AO on the basis of Certificate from Tahasildar can’t be treated as ‘erroneous’’: ITAT Quashes Revisional Assessment [Read Order]
While quashing the revisional assessment in the case of Sangeeta Jain, Income Tax Appellate Tribunal (ITAT) Delhi bench recently ruled that capital gain exemption allowed by the Assessing Officer (AO)...
![Capital Gain Exemption allowed by AO on the basis of Certificate from Tahasildar can’t be treated as ‘erroneous’’: ITAT Quashes Revisional Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Capital-Gain-Tax.jpg "Capital Gain Exemption allowed by AO on the basis of Certificate from Tahasildar can’t be treated as ‘erroneous’’: ITAT Quashes Revisional Assessment [Read Order]")
Tribunal can’t Review its own decisions u/s 254(2) unless there is a Mistake apparent from Records: ITAT [Read Order]
Mumbai bench of the ITAT in the case of Sh. Bimal V. Pala v. Principal CIT has held that the Appellate Tribunal cannot review its own decisions within limited scope of Section 254(2) of the Income Tax...
![Tribunal can’t Review its own decisions u/s 254(2) unless there is a Mistake apparent from Records: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Tribunal can’t Review its own decisions u/s 254(2) unless there is a Mistake apparent from Records: ITAT [Read Order]")