![GST cannot be included while computing Deemed Income u/s 44B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/income-tax-act-itat-Section-44AB-Income-Tax-Act-Deemed-Income-itat-mumbai-income-tax-taxscan.jpg "GST cannot be included while computing Deemed Income u/s 44B: ITAT [Read Order]")
GST cannot be included while computing Deemed Income u/s 44B: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) held that, Goods and Services Tax should not be added while computing Deemed Income...
![ITAT remands Assessment back to AO for Fresh Review due to Non-Receipt of Notices and Disputed Cash Payments [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-in-Cuttack-Income-Tax-Appellate-Tribunal-ITAT-Remands-ITAT-Remands-Assessment-Non-Receipt-of-Notices-TAXSCAN-1.jpg "ITAT remands Assessment back to AO for Fresh Review due to Non-Receipt of Notices and Disputed Cash Payments [Read Order]")
![Penalty u/s 271B for Not Filing Audit Report: ITAT upholds Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Penalty-under-section-271B-ITAT-Audit-Report-Income-Tax-Appellate-Tribunal-under-section-271-income-tax-news-ITAT-Chennai-taxscan-1.jpg "Penalty u/s 271B for Not Filing Audit Report: ITAT upholds Order [Read Order]")
![Revisionary Jurisdiction under Income Tax Act cannot be invoked on allegation of Improper Inquiry by AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-ITAT-Delhi-Income-tax-act-Revisionary-Jurisdiction-improper-inquiry-Assessing-Officer-taxscan.jpg "Revisionary Jurisdiction under Income Tax Act cannot be invoked on allegation of Improper Inquiry by AO: ITAT [Read Order]")
Limitation on Number of Audits per Year by CA: Supreme Court upholds Operation of ICAI Rule w.e.f. April 1, 2024
On Friday, May 17, the Supreme Court upheld a rule issued by the Institute of Chartered Accountants of India (ICAI) that limits Chartered Accountants to a maximum of 60 tax audit assignments per...
Income Tax Dept releases Common Offline Utility for Tax Audit Reporting Form 3CA-3CD and 3CB-3CD, updates S. 43B(h) Point No. 66
The Income Tax Department has released the latest common offline utility for Form 3CA-3CD and 3CB-3CD, bearing the latest updates with respect to MSME Payment amendment, Section 43B(h) of the Income...
No Deduction of TDS u/s 194 C of Income Tax Act for land leveling Expenses: ITAT deletes Income Tax addition [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) has decided to delete the Income Tax addition, as it found that no deduction of Tax Deducted at source ( TDS ) under Section 194C of...
![No Deduction of TDS u/s 194 C of Income Tax Act for land leveling Expenses: ITAT deletes Income Tax addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/No-Deduction-TDS-Income-Tax-Act-land-leveling-Expenses-ITAT-Income-Tax-taxscan.webp "No Deduction of TDS u/s 194 C of Income Tax Act for land leveling Expenses: ITAT deletes Income Tax addition [Read Order]")
![ITAT Annual Digest [Part18]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-ANNUAL-DIGEST-ANNUAL-DIGEST-PART-18-ITAT-ANNUAL-DIGEST-PART-18-taxscan.jpg "ITAT Annual Digest [Part18]")
ITAT Directs Revision as no Fault could be Found in the Observation that the Assessment was Framed without Making due enquires [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that no fault could be found in the observation that the assessment was framed without making due enquiries. In such a case,...
![ITAT Directs Revision as no Fault could be Found in the Observation that the Assessment was Framed without Making due enquires [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-directs-revision-found-in-the-observation-assessment-was-framed-without-making-due-enquires-TAXSCAN.jpg "ITAT Directs Revision as no Fault could be Found in the Observation that the Assessment was Framed without Making due enquires [Read Order]")