Absence of 'make available' clause, services rendered not FTS under India-Netherland DTAA: ITAT grants Relief to Shell Global Solutions Intl [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) held that the condition of “make available” has not been satisfied in the instant set of...
![No TDS applicable u/s 194C of Income Tax Act for Purchase expenses claimed under head contract expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-TDS-applicable-Income-Tax-Act-Purchase-expenses-claimed-head-contract-expenses-ITAT-TAXSCAN.jpg "No TDS applicable u/s 194C of Income Tax Act for Purchase expenses claimed under head contract expenses: ITAT [Read Order]")
![Third-Party Statements cannot be used against assessee until and unless the opportunity of cross examination is afforded: ITAT deletes of addition made u/s 68 IT Act towards receipt of interest free unsecured loan [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Third-Party-Statements-used-against-assessee-until-and-unless-the-opportunity-of-cross-examination-is-afforded-TATIT-Act-towards-receipt-of-interest-free-unsecured-loan-TAXSCAN.jpg "Third-Party Statements cannot be used against assessee until and unless the opportunity of cross examination is afforded: ITAT deletes of addition made u/s 68 IT Act towards receipt of interest free unsecured loan [Read Order]")
![Books of Accounts cannot be Rejected Merely based on Non-Maintenance of Stock Register in Desired Format: ITAT Deletes Addition u/s 69 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/BOOKSO1.jpg "Books of Accounts cannot be Rejected Merely based on Non-Maintenance of Stock Register in Desired Format: ITAT Deletes Addition u/s 69 of Income Tax Act [Read Order]")
![No Concealment of Particulars or Furnishment of Inaccurate Particulars of Income : ITAT Deletes Penalty u/s 271 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-Concealment-Particulars-or-Furnishment-Inaccurate-Particulars-Income-ITAT-Deletes-Penalty-Income-Tax-Act-TAXSCAN.jpg "No Concealment of Particulars or Furnishment of Inaccurate Particulars of Income : ITAT Deletes Penalty u/s 271 of Income Tax Act [Read Order]")
Ex-Parte Assessment Orders passed without considering Additional Evidence filed under Rule 46A of Income Tax Rules: ITAT directs Readjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad bench while directing readjudication in respect of assessment order observed that the assessment order was passed without considering the additional...
![Ex-Parte Assessment Orders passed without considering Additional Evidence filed under Rule 46A of Income Tax Rules: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Ex-Parte-Assessment-Orders-Additional-Evidence-Rule-46A-of-Income-Tax-Rules-ITAT-Readjudication-taxscan.jpg "Ex-Parte Assessment Orders passed without considering Additional Evidence filed under Rule 46A of Income Tax Rules: ITAT directs Readjudication [Read Order]")
Non-Compliance behavior of assessee before Lower Authorities during Appellate Proceedings: ITAT directs to deposit cost of Rs 25,000/- In PM relief Fund [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench directed to deposit cost of Rs 25,000/- in Prime Minister Relief Fund (PMRF) due to non-compliance behavior of assessee before lower authorities...
![Non-Compliance behavior of assessee before Lower Authorities during Appellate Proceedings: ITAT directs to deposit cost of Rs 25,000/- In PM relief Fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Non-Compliance-behavior-Lower-Authorities-Appellate-Proceedings-ITAT-PM-relief-Fund-taxscan.jpg "Non-Compliance behavior of assessee before Lower Authorities during Appellate Proceedings: ITAT directs to deposit cost of Rs 25,000/- In PM relief Fund [Read Order]")
Reopening After 4 years in the Absence of Tangible Material Amounts to Change of Opinion Only: ITAT quashes Reopening u/s 147 of Income Tax Act [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has quashed the reopening under Section 147 of the Income Tax Act 1961 holding that reopening after 4 years in the absence of tangible...
![Reopening After 4 years in the Absence of Tangible Material Amounts to Change of Opinion Only: ITAT quashes Reopening u/s 147 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Reopening-Tangible-Material-ITAT-Income-Tax-Act-Income-Tax-Tangible-Material-Amounts-to-Change-of-Opinion-Taxscan.jpg "Reopening After 4 years in the Absence of Tangible Material Amounts to Change of Opinion Only: ITAT quashes Reopening u/s 147 of Income Tax Act [Read Order]")
Income Tax Not Leviable if no Right over Income Accrues upon Transfer of Development Rights: ITAT [Read Order]
The Ahemdabad Bench of Income Tax Appellate Tribunal (ITAT) held that assessee did not get the right over the income as per accrual accounting system as provided under the provisions of section 145...
![Income Tax Not Leviable if no Right over Income Accrues upon Transfer of Development Rights: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Tax-Not-Leviable-Right-over-Income-Accrues-upon-Transfer-of-Development-Rights-ITAT-TAXSCAN.jpg "Income Tax Not Leviable if no Right over Income Accrues upon Transfer of Development Rights: ITAT [Read Order]")
ITAT allows 10% of Cash Deposits as Taxable Income in Absence of Evidence of Source u/s 69A of IT Act [Read Order]
The Rajkot bench of the Income Tax Appellate Tribunal (ITAT) has allowed only 10% of the cash deposits made by an assessee as taxable income, citing a lack of evidence of the source of the deposits...
![ITAT allows 10% of Cash Deposits as Taxable Income in Absence of Evidence of Source u/s 69A of IT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Cash-Deposits-Taxable-Income-Absence-Evidence-Source-IT-Act-TAXSCAN.jpg "ITAT allows 10% of Cash Deposits as Taxable Income in Absence of Evidence of Source u/s 69A of IT Act [Read Order]")
Nirma Ltd. entitles to Additional Compensation for Delay in Issuing Refund u/s 244A of Income Tax Act: ITAT [Read Order]
The Ahemdabad bench of the Income Tax Appellate Tribunal (ITAT) held that the amount of refund granted to the assessee, first, has to be adjusted against the interest payable to the assessee and thus...
![Nirma Ltd. entitles to Additional Compensation for Delay in Issuing Refund u/s 244A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Nirma-0Ltd-Additional-Compensation-Delay-Refund-Income-Tax-Act-ITAT-taxscan.jpg "Nirma Ltd. entitles to Additional Compensation for Delay in Issuing Refund u/s 244A of Income Tax Act: ITAT [Read Order]")
Exemption u/s 11 should not be Denied Merely on Account of Delay in Furnishing the Audit Report in Form No. 10B: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the exemption under Section 11 of the Income Tax Act 1961 should not be denied merely on account of delay in furnishing the...
![Exemption u/s 11 should not be Denied Merely on Account of Delay in Furnishing the Audit Report in Form No. 10B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Exemption-Delay-Furnishing-the-Audit-Report-Audit-Report-Form-No.-10B-ITAT-Taxscan.jpg "Exemption u/s 11 should not be Denied Merely on Account of Delay in Furnishing the Audit Report in Form No. 10B: ITAT [Read Order]")