Charges received for Carrying out of Re-fabrication of Bushings Not Taxable under Indo-Singapore Treaty: ITAT Allows TDS Credit to Owens Corning
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has allowed the Tax Deducted at Source (TDS) credit to Owens Corning holding that the...
![Late Fee cannot be levied during processing of the TDS Statement prior to Amendment in s. 200A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/TDS-Statement.jpg "Late Fee cannot be levied during processing of the TDS Statement prior to Amendment in s. 200A: ITAT [Read Order]")
![DMHO cannot be treated as Assessee-in-Default since DDOs are liable to Deduct TDS on Payment to Pharmacist, Ads etc: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/DMO-Taxscan.jpg "DMHO cannot be treated as Assessee-in-Default since DDOs are liable to Deduct TDS on Payment to Pharmacist, Ads etc: ITAT [Read Order]")
TDS Credit can be granted only in the year in which the Income/Receipt on which such Tax Deducted at Source is Assessable to Tax: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that credit of Tax Deducted at Source (TDS) can be allowed only in the year in which the income or receipt on which TDS is...
![TDS Credit can be granted only in the year in which the Income/Receipt on which such Tax Deducted at Source is Assessable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "TDS Credit can be granted only in the year in which the Income/Receipt on which such Tax Deducted at Source is Assessable to Tax: ITAT [Read Order]")
No TDS when Transport Charges are initially incurred by the Suppliers and Subsequently Reimbursed by Assessee: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that when transport charges are initially incurred by the suppliers and subsequently reimbursed by the assessee there is no need of...
ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a case involving additions of Rs. 2.31 crore back to the Assessing Officer (AO) for fresh adjudication, citing the need for...
![ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cash-Deposit-ITAT-Chennai-taxscan.jpg "ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]")
Mere Change of Opinion not a Ground to Reopen Income Tax Assessment Order u/s 143: Bombay HC [Read Order]
The Bombay High Court recently reiterated that a mere change of opinion expressed by the revenue cannot be grounds to effectuate reopening of original income tax assessment passed under section...
![Mere Change of Opinion not a Ground to Reopen Income Tax Assessment Order u/s 143: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Assessment-Order-site-img.jpg "Mere Change of Opinion not a Ground to Reopen Income Tax Assessment Order u/s 143: Bombay HC [Read Order]")