![Taxpayer produced books of accounts, Vouchers, Payment required for TDS Deduction: ITAT deletes Penalty u/s 270 A (9)(a) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Bangalore-Income-tax-Income-tax-news-books-of-accounts-TDS-TDS-deduction-taxscan.jpg "Taxpayer produced books of accounts, Vouchers, Payment required for TDS Deduction: ITAT deletes Penalty u/s 270 A (9)(a) [Read Order]")
Taxpayer produced books of accounts, Vouchers, Payment required for TDS Deduction: ITAT deletes Penalty u/s 270 A (9)(a) [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the penalty under Section 270A(9)(a) of the Income Tax Act, 1961 as the...
![No liability to Deduct TDS on Payment made to Wholly-Owned Subsidiary Company in respect of Sales commission u/s 40 (a)(i): ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Bangalore-ITAT-Income-Tax-TDS-Tax-Deducted-At-Source-ITAT-TDS-liability-ruling-Taxscan.jpg "No liability to Deduct TDS on Payment made to Wholly-Owned Subsidiary Company in respect of Sales commission u/s 40 (a)(i): ITAT deletes addition [Read Order]")
![TDS on Salary paid to all Categories of Doctors shall be covered u/s 194J of Income Tax Act, not Section 192: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-tax-TDS-TDS-on-salary-Doctor-Salary-TDS-Doctor-salary-taxation-taxscan.jpg "TDS on Salary paid to all Categories of Doctors shall be covered u/s 194J of Income Tax Act, not Section 192: ITAT [Read Order]")
Service Tax is leviable on Rent received by Individual assessee from a Property jointly owned: CESTAT [Read Order]
The Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal has held that service tax is leviable on rent received by an individual assessee from a property jointly owned. While...
![Service Tax is leviable on Rent received by Individual assessee from a Property jointly owned: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/CESTAT-CESTAT-Ahmedabad-Service-Tax-Service-Tax-on-Rent-Individual-Assessee-taxscan.jpg "Service Tax is leviable on Rent received by Individual assessee from a Property jointly owned: CESTAT [Read Order]")
Income Tax TRACES Portal Now accepts Applications for Lower or Nil TDS/TCS Deduction for FY 2024-25
The Income Tax Department of India has announced that the TRACES portal is now accepting applications for lower or nil Tax Deducted at Source ( TDS ) and Tax Collected at Source ( TCS ) deduction for...
No TDS applicable u/s 194H in B2B Transactions if assessee not responsible for paying Income Tax or Filing Returns: Supreme Court [Read Order]
The Supreme Court of India has held that, “the assessees would not be under a legal obligation to deduct tax at source on the income/profit component in the payments received by the...
![No TDS applicable u/s 194H in B2B Transactions if assessee not responsible for paying Income Tax or Filing Returns: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-B2B-transactions-TDS-exemption-Tax-deduction-on-payments-Filing-returns-for-TDS-exemption-taxscan.jpg "No TDS applicable u/s 194H in B2B Transactions if assessee not responsible for paying Income Tax or Filing Returns: Supreme Court [Read Order]")
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]")
No TDS Deduction u/s 194 J of Income Tax Act, when consultancy charges excluding Service Tax does not Exceed Rs. 30,000: ITAT
The two member bench of the Income Tax Appellate Tribunal ( ITAT ), Delhi, observed that no Tax Deducted at Source ( TDS ) deduction under Section 194J of the Income Tax Act, 1961, when consultancy...
Income Tax TRACES Portal new functionality: Dept enables lower/nil TDS Application Facility against Excessive TDS Deductions
In a recent TRACES Portal update, individuals encountering high TDS deductions beyond their tax liability under the Income Tax Act now have the opportunity to seek relief. By applying for a...
