![Lack of Motive behind Allegation of Assessee taking Accommodation Entries to Reduce Taxable Income: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Accommodation-Entries-to-Reduce-Taxable-Income-ITAT-Revenues-Appeal-TAXSCAN.jpg "Lack of Motive behind Allegation of Assessee taking Accommodation Entries to Reduce Taxable Income: ITAT dismisses Revenues Appeal [Read Order]")
Lack of Motive behind Allegation of Assessee taking Accommodation Entries to Reduce Taxable Income: ITAT dismisses Revenue's Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, on finding that there is lack of motive behind the...
![Difference b/w Amounts shown in Form No.26AS and reflected in P&L Account cannot brought to Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Difference-bw-Amounts-Form-No.26AS-PL-Account-Income-Tax-ITAT-Taxscan.jpg "Difference b/w Amounts shown in Form No.26AS and reflected in P&L Account cannot brought to Income Tax: ITAT [Read Order]")
![Service Tax component not includible in Gross Receipts for Computing Deemed taxable Income u/s 44BBA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Service-Tax-Gross-Receipts-taxable-Income-ITAT-taxscan.jpeg "Service Tax component not includible in Gross Receipts for Computing Deemed taxable Income u/s 44BBA: ITAT [Read Order]")
![Transfer Fee Paid in Connection with Transfer of Licence is Capital Expenditure and Hence Deductible From Taxable Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Transfer-Fee-Transfer-of-Licence-Capital-Expenditure-Taxable-Income-ITAT-taxscan.jpeg "Transfer Fee Paid in Connection with Transfer of Licence is Capital Expenditure and Hence Deductible From Taxable Income: ITAT [Read Order]")
![Set Off of Business Loss by Showing Bogus Transactions: ITAT upholds Income Tax Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Business-Loss-Bogus-Transactions-ITAT-Income-Tax-Penalty-taxscan.jpeg "Set Off of Business Loss by Showing Bogus Transactions: ITAT upholds Income Tax Penalty [Read Order]")
Amount once included and Taxed from Partner can’t be added to Taxable Income of Firm: ITAT [Read Order]
In a significant ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that amount once included and taxed by a partner can’t be added to the taxable income of the firm. ...
![Amount once included and Taxed from Partner can’t be added to Taxable Income of Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Amount-taxable-income-ITAT-taxscan.jpeg "Amount once included and Taxed from Partner can’t be added to Taxable Income of Firm: ITAT [Read Order]")
Quantification of Penalty is dependent upon Additions made to Income of Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of Pradip Kumar Kedia, Accountant Member and Narender Kumar Choudhry, Judicial Member held that quantification of penalty is dependent...
![Quantification of Penalty is dependent upon Additions made to Income of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/penalty-income-assessee-ITAT-Taxscan.jpeg "Quantification of Penalty is dependent upon Additions made to Income of Assessee: ITAT [Read Order]")
Expenditure on Maintenance, Back-Up, and Support Services to existing Hardware and Software is Revenue in Nature: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench consisting of Mahavir Prasad, Judicial Member, and Waseem Ahmed, Accountant Member held that expenditure on maintenance, backup, and support...
![Expenditure on Maintenance, Back-Up, and Support Services to existing Hardware and Software is Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Expenditure-on-maintenance-back-up-support-services-hardware-and-software-revenue-ITAT-Taxscan.jpeg "Expenditure on Maintenance, Back-Up, and Support Services to existing Hardware and Software is Revenue in Nature: ITAT [Read Order]")
Difference in Share of Profit treated as ‘Income from Other Sources’: ITAT holds difference due to Mistake, Deletes Addition
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) in the issue of difference in the share of profit treated as ‘Income from other sources, held that difference was due to mistake and...
Charitable Trust engaged in Activities benefiting for particular Religion can claim Exemption u/s 11 of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench held that the charitable trust engaged in activities that benefited for particular religion can claim exemption u/s 11 of the Income Tax Act,1961...
![Charitable Trust engaged in Activities benefiting for particular Religion can claim Exemption u/s 11 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Charitable-trust-benefiting-for-particular-religion-exemption-Income-Tax-Act-ITAT.jpg "Charitable Trust engaged in Activities benefiting for particular Religion can claim Exemption u/s 11 of Income Tax Act: ITAT [Read Order]")
