![Finds Addition Too Harsh: ITAT directs Re-examination of PCITs Rs. 3.4 cr Addition due to Sales Discrepancy [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cuttack-ITAT-directs-Re-examination-PCIT-Income-Tax-Appellate-Tribunal-Principal-Commissioner-of-Income-Tax-Sales-Discrepancy-Finds-Addition-Too-Harsh-ITAT-news-taxscan.jpeg "Finds Addition Too Harsh: ITAT directs Re-examination of PCITs Rs. 3.4 cr Addition due to Sales Discrepancy [Read Order]")
'Finds Addition Too Harsh': ITAT directs Re-examination of PCIT's Rs. 3.4 cr Addition due to Sales Discrepancy [Read Order]
The Cuttack Bench of the Income Tax Appellate Tribunal ( ITAT ) found Rs. 3.4 crore addition related to a sale discrepancy excessive and remanded the...
![18% GST leviable on Catering Service along with Renting of Premises for more than Rs. 7500/-: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/AAR-AAR-West-Bengal-Authority-for-Advance-Ruling-18-GST-Catering-Service-GST-on-Catering-Service-Renting-of-Premises-Taxscan.jpg "18% GST leviable on Catering Service along with Renting of Premises for more than Rs. 7500/-: AAR [Read Order]")
![Belated Return Filed u/s 139(4) Satisfies Proviso to S.201(1) of Income Tax Act: ITAT Allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-ITAT-ITAT-Raipur-Income-Tax-Return-filing-TAXSCAN.jpg "Belated Return Filed u/s 139(4) Satisfies Proviso to S.201(1) of Income Tax Act: ITAT Allows Appeal [Read Order]")
![ITAT upholds CIT(A)’s Deletion of ₹3.4 crore Addition u/s 69A, Dismisses AO’s Appeal for Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cuttack-CITA-Commissioner-of-Income-Tax-Appeals-AO-assessing-officer-Evidence-TAXSCAN.webp "ITAT upholds CIT(A)’s Deletion of ₹3.4 crore Addition u/s 69A, Dismisses AO’s Appeal for Lack of Evidence [Read Order]")
![Self Funded Assets of Delhi Airport Metro Express: ITAT Upholds Depreciation Claimed [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Delhi-Airport-Metro-Express.jpg "Self Funded Assets of Delhi Airport Metro Express: ITAT Upholds Depreciation Claimed [Read Order]")
![[BREAKING] Ghaziabad GST Officer Files Complaint against UP Trader for Strip-Protest](https://www.taxscan.in/wp-content/uploads/2024/10/Strip-Protest-case-Ghaziabad-Protest-case-Flying-Squad-Seven-GST-GST-Officer-Ghaziabad-Strip-case-taxscan-1.jpg "[BREAKING] Ghaziabad GST Officer Files Complaint against UP Trader for Strip-Protest")
Baby Carrier with Hip Seat attracts 5% GST on Sale below ₹1000 per piece and 12% on Sales above ₹1000: AAR [Read Order]
The West Bengal Authority For Advance Ruling (AAR) recently ruled that the supply of baby carriers with hip seat priced below Rs.1000/- per piece would attract a Goods and Services Tax (GST) of 5%...
Advantageous Ambiguity v/s Interpretational Adamancy: Supreme Court’s take on Interpretation of Tax Laws in Safari Retreats Case
The interpretation of tax laws has always been a complex and evolving domain, particularly when it involves determining taxpayers' rights and liabilities. Recently, the Supreme Court of India...
Punjab and Haryana HC Upholds ITAT Order Granting S.12A Registration to Vocational Training Institute [Read Order]
In the recent case the Punjab and Haryana High Court upheld the Income Tax Appellate Tribunal (ITAT)'s decision granting Section 12A registration to the Unique Educational Society, which operates a...
![Punjab and Haryana HC Upholds ITAT Order Granting S.12A Registration to Vocational Training Institute [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/SITE-IMG.jpg "Punjab and Haryana HC Upholds ITAT Order Granting S.12A Registration to Vocational Training Institute [Read Order]")
Unexplained Cash Deposits of Rs. 3.13 Crore: ITAT Directs AO to Consider Bank Withdrawals in Reassessment [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) directed the Assessing Officer (AO) to consider bank withdrawals while reassessing the unexplained cash deposits totaling Rs. 3.13 crore....
![Unexplained Cash Deposits of Rs. 3.13 Crore: ITAT Directs AO to Consider Bank Withdrawals in Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-ITAT-Directs-ITAT-Directs-AO-Unexplained-Cash-Deposits-Consider-Bank-Withdrawals-taxscan.jpg "Unexplained Cash Deposits of Rs. 3.13 Crore: ITAT Directs AO to Consider Bank Withdrawals in Reassessment [Read Order]")
