![No TDS u/s 195 of Income Tax Act when No Income Chargeable to Tax Arose on Non-Resident: Delhi HC upholds Order of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/TDS-Income-Tax-Act-Income-Tax-Arose-Non-Resident-Delhi-HC-upholds-Order-of-ITAT-Delhi-High-Court-ITAT-taxscan.jpg "No TDS u/s 195 of Income Tax Act when No Income Chargeable to Tax Arose on Non-Resident: Delhi HC upholds Order of ITAT [Read Order]")
No TDS u/s 195 of Income Tax Act when No Income Chargeable to Tax Arose on Non-Resident: Delhi HC upholds Order of ITAT [Read Order]
The Delhi High Court has held that no Tax Deductible at Source (TDS ) under section 195 of the Income Tax Act when no income chargeable to tax arose...
![Mere System Error is no basis for Disallowance: ITAT allows full Deduction to Assessee u/s 10AA after Re-computation by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Mere-system-error-is-no-basis-for-disallowance-ITAT-allows-full-deduction-re-computation-by-AO-TAXSCAN.jpg "Mere System Error is no basis for Disallowance: ITAT allows full Deduction to Assessee u/s 10AA after Re-computation by AO [Read Order]")
![Business Profit Earned by US Talent Agency for Arranging Maroon 5 Performance in India cannot be Assessable in India for want of PE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Business-Profit-Earned-by-US-Talent-Agency-Arranging-Maroon-5-Performance-in-India-cannot-be-Assessable-in-India-PE-ITAT-taxscan.jpg "Business Profit Earned by US Talent Agency for Arranging Maroon 5 Performance in India cannot be Assessable in India for want of PE: ITAT [Read Order]")
![Mistake of Tax Auditor using Incorrect Words in Tax Audit Report towards Purchase of Granules: ITAT quashes Revision Order against Firm [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Mistake-of-Tax-Auditor-using-Incorrect-Words-Tax-Audit-Report-towards-Purchase-of-Granules-ITAT-quashes-Revision-Order-Firm-TAXSCAN.jpg "Mistake of Tax Auditor using Incorrect Words in Tax Audit Report towards Purchase of Granules: ITAT quashes Revision Order against Firm [Read Order]")
Set Back to MTS: ITAT Orders Fresh Adjudication on Initiation of Action u/s 154 of Income Tax Act on Basis of Shortfall in TDS under Form 3CD [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that It is not in dispute that the Assessing Officer proceeded to initiate action under Section 154 of the Income Tax Act, 1961 on the...
![Set Back to MTS: ITAT Orders Fresh Adjudication on Initiation of Action u/s 154 of Income Tax Act on Basis of Shortfall in TDS under Form 3CD [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/MTS-ITAT-Orders-Fresh-Adjudication-on-Initiation-of-Action-Income-Tax-Act-Fresh-Adjudication-on-Initiation-of-Action-TDS-under-Form-3CD-Form-3CD-taxscan.jpg "Set Back to MTS: ITAT Orders Fresh Adjudication on Initiation of Action u/s 154 of Income Tax Act on Basis of Shortfall in TDS under Form 3CD [Read Order]")
National Research & Technologies Consortium cannot Deduct TDS as was not a "specified person" as defined Under Section 194C of Income Tax Act: ITAT [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) has held that National Research & Technologies Consortium (NRTC) was not required to deduct tax at source (TDS) under Section 194C...
![National Research & Technologies Consortium cannot Deduct TDS as was not a specified person as defined Under Section 194C of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/National-Research-Technologies-Consortium-Deduct-TDS-specified-person-Income-Tax-Act-ITAT-income-tax-taxscan.jpg "National Research & Technologies Consortium cannot Deduct TDS as was not a specified person as defined Under Section 194C of Income Tax Act: ITAT [Read Order]")
Revenue Cannot Adjust Withheld Tax not Deposited by Employer in Central Govt account, against Refund Due and Payable to Employee u/s 205 of Income Tax Act: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the revenue could not adjust the withheld tax not deposited by the employer in a central Government account against the refund...
![Revenue Cannot Adjust Withheld Tax not Deposited by Employer in Central Govt account, against Refund Due and Payable to Employee u/s 205 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Revenue-Adjust-Withheld-Tax-Deposited-by-Employer-in-Central-Govt-account-Refund-Employee-Income-Tax-Act-ITAT-TAXSCAN.jpg "Revenue Cannot Adjust Withheld Tax not Deposited by Employer in Central Govt account, against Refund Due and Payable to Employee u/s 205 of Income Tax Act: ITAT [Read Order]")
CBDT amends Rule of Rate of Exchange for Purpose of TDS on Income Payable in Foreign Currency [Read Notification]
The Central Board of Direct Taxes (CBDT) vide notification no. G.S.R. 607(E) notified the amendment in the Rule 26 of the Income Tax Rules, 1962 on 17th August 2023. According to the notification,...
![CBDT amends Rule of Rate of Exchange for Purpose of TDS on Income Payable in Foreign Currency [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/08/CBDT-Rule-of-Rate-of-Exchange-Rate-of-Exchange-TDS-Income-Payable-in-Foreign-Currency-Income-Payable-Foreign-Currency-taxscan.jpg "CBDT amends Rule of Rate of Exchange for Purpose of TDS on Income Payable in Foreign Currency [Read Notification]")
![TDS Not Applicable on Payments Made to HUDA on Behalf of State Government: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/TDS-Applicable-Payments-HUDA-Behalf-State-Government-ITAT-TAXSCAN.jpeg "TDS Not Applicable on Payments Made to HUDA on Behalf of State Government: ITAT [Read Order]")
Extended Period of Limitation Invokable on Failure to File ST-3 Returns with Malafide Intention to Evade Tax: CESTAT [Read Order]
The Delhi Bench of Customs Excise & Service Tax Appellate Tribunal (CESTAT) has held that an extended period of limitation is invokable on failure to file st-3 returns with malafide intention to...
![Extended Period of Limitation Invokable on Failure to File ST-3 Returns with Malafide Intention to Evade Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Extended-Period-of-Limitation-Invokable-on-Failure-File-ST-3-Returns-with-Malafide-Intention-to-Evade-Tax-CESTAT-TAXSCAN.jpg "Extended Period of Limitation Invokable on Failure to File ST-3 Returns with Malafide Intention to Evade Tax: CESTAT [Read Order]")
![TDS Deduction on Unsecured Loan: Calcutta HC Confirms Order u/s 148A(d) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/TDS-Deduction-Unsecured-Loan-Calcutta-HC-Income-Tax-Act-TAXSCAN.jpg "TDS Deduction on Unsecured Loan: Calcutta HC Confirms Order u/s 148A(d) of Income Tax Act [Read Order]")