![Form 3CM and Form 3CL issued by DSIR is not mandatory for allowing deduction u/s 35(1)(i) of Income Tax Act: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Form-3CM-and-Form-3CL-issued-by-DSIR-deduction-Income-Tax-Act-ITAT-quashes-Revision-Order-TAXSCAN.jpg "Form 3CM and Form 3CL issued by DSIR is not mandatory for allowing deduction u/s 35(1)(i) of Income Tax Act: ITAT quashes Revision Order [Read Order]")
Form 3CM and Form 3CL issued by DSIR is not mandatory for allowing deduction u/s 35(1)(i) of Income Tax Act: ITAT quashes Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai held that Form 3CM and Form 3CL issued by DSIR is not mandatory for allowing deduction under Section...
![Act of AO Prejudicial to Interests of Revenue: ITAT upholds Revision Order of PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Act-AO-Prejudicial-Interests-Revenue-ITAT-Revision-PCIT-TAXSCAN-1.jpg "Act of AO Prejudicial to Interests of Revenue: ITAT upholds Revision Order of PCIT [Read Order]")
![Failure of AO to Consider Sale of Scrap is Erroneous and Prejudicial to Interest of Revenue: ITAT Allows Exercise of Revisionary Power to PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Failure-of-AO-to-Consider-Sale-of-Scrap-Interest-of-Revenue-Sale-of-Scrap-ITAT-Allows-Exercise-of-Revisionary-Power-to-PCIT-ITAT-taxscan.jpg "Failure of AO to Consider Sale of Scrap is Erroneous and Prejudicial to Interest of Revenue: ITAT Allows Exercise of Revisionary Power to PCIT [Read Order]")
![Violation of Natural Justice Principles: Allahabad HC imposes Costs of Rs 10,000 on Income Tax Authority [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Violation-of-Natural-Justice-Principles-Natural-Justice-Principles-Allahabad-High-Court-Income-Tax-Authority-Income-Tax-Taxscan.jpg "Violation of Natural Justice Principles: Allahabad HC imposes Costs of Rs 10,000 on Income Tax Authority [Read Order]")
![Order passed by AO in Absence of Proper Inquiry shall be liable to Revision u/s 263 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Order-AO-Proper-Inquiry-Order-passed-by-AO-in-Absence-of-Proper-Inquiry-Revision-taxscan.jpg "Order passed by AO in Absence of Proper Inquiry shall be liable to Revision u/s 263 of Income Tax Act: ITAT [Read Order]")
Compensation Paid for Non-Fulfilment of Contractual Obligation Deemed Non-Penal as No Infringement or Violation of Law Involved: ITAT upholds Deduction [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata has upheld the deduction for expenditure incurred by the appellant, for non-fulfilment of a contractual obligation, deeming it as non-penal and not...
![Compensation Paid for Non-Fulfilment of Contractual Obligation Deemed Non-Penal as No Infringement or Violation of Law Involved: ITAT upholds Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Non-Fulfilment-of-Contractual-Obligation-Compensation-Paid-Non-Fulfilment-Contractual-Obligation-Infringement-Violation-of-Law-ITAT-upholds-Deduction-ITAT-Deduction-taxscan.jpg "Compensation Paid for Non-Fulfilment of Contractual Obligation Deemed Non-Penal as No Infringement or Violation of Law Involved: ITAT upholds Deduction [Read Order]")
No Revision Order can be passed u/s 263 of Income Tax Act without issuing Show Cause Notice regarding issues in Assessment Order: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Surat bench held that no revision order could be passed under Section 263 of Income Tax Act ,1961 without issuing show cause notice regarding issues in the...
![No Revision Order can be passed u/s 263 of Income Tax Act without issuing Show Cause Notice regarding issues in Assessment Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Revision-Order-Income-Tax-Act-Show-Cause-Notice-Assessment-Order-ITAT-Income-Tax-taxscan.jpg "No Revision Order can be passed u/s 263 of Income Tax Act without issuing Show Cause Notice regarding issues in Assessment Order: ITAT [Read Order]")
Reassessment order passed on basis of invalid assumption of Jurisdiction cannot be Revised u/s 263 of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Raipur bench held that reassessment order passed on the basis of invalid assumption of jurisdiction could not be revised under Section 263 of...
![Reassessment order passed on basis of invalid assumption of Jurisdiction cannot be Revised u/s 263 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Reassessment-invalid-assumption-Jurisdiction-Revised-Income-Tax-Act-ITAT-TAXSCAN-1.jpg "Reassessment order passed on basis of invalid assumption of Jurisdiction cannot be Revised u/s 263 of Income Tax Act: ITAT [Read Order]")
ITAT quashes Revision Order u/s 263 against TATA Teleservices on ground of Lack of Jurisdiction [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that is trite law that in order to invoke Section 263, the assessment order must be erroneous and also prejudicial to revenue, also...
![ITAT quashes Revision Order u/s 263 against TATA Teleservices on ground of Lack of Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-ITAT-Quashes-Revision-Order-Revision-Order-TATA-Teleservices-Jurisdiction-taxscan.jpg "ITAT quashes Revision Order u/s 263 against TATA Teleservices on ground of Lack of Jurisdiction [Read Order]")
![ITAT Quashes Revision Order u/s 263 against TATA AIG for want of Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Quashes-Revision-Order-TATA-AIG-Jurisdiction-Revision-Order-taxscan.jpg "ITAT Quashes Revision Order u/s 263 against TATA AIG for want of Jurisdiction [Read Order]")
Income from Letting Out properties along with other Amenities are chargeable to Tax under head ‘’Income from Business” : ITAT deletes revision order
The Income Tax Appellate Tribunal (ITAT) Jaipur Bench held that Income from letting out properties along with other amenities are chargeable to tax under the head of Income from business ....
![Revision Order u/s 263 of Income Tax Act Against a Deceased Person is Not Valid : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Revision-Order-Income-Tax-Act-Income-Tax-Deceased-Person-ITAT-taxscan.jpg "Revision Order u/s 263 of Income Tax Act Against a Deceased Person is Not Valid : ITAT [Read Order]")