Unexplained Source Of Expenditure Attracts Provisions Of Section 69: ITAT However, citing exceptions, allows the assessee's appeal and directs the assessing officer to delete the additions The...
Kerala High Court Grants Income Tax Exemption For Agricultural Land Income Under Section 10(1) Of IT Act The Kerala High Court has ruled that the land in question was utilized for agricultural...
Jammu & Kashmir High Court Affirms Leasehold Interest in Land as Valuable Company AssetThe Jammu & Kashmir High Court, comprising Justices Tashi Rabstan and Puneet Gupta, recently ruled that...
Kolkata ITAT Rejects Revenue's Revision Order in Cash Deposit Case The Income Tax Appellate Tribunal (ITAT) in Kolkata has issued a favourable verdict for the assessee (taxpayer) in a case...
Dispute Over Warehousing Deduction Referred Back To Assessment Officer By ITAT The Income Tax Appellate Tribunal (ITAT) bench in Indore, comprising Judicial Member Vijay Pal Rao and Accountant...
ITAT Grants Tax Exemption To Google Ireland On Rs.8,699 Crores Received From India Unit Cites the provisions under the Income Tax Act and the Double Taxation Avoidance Agreement The Income Tax...
ITAT: Hospitals Must Deduct TDS On Doctor Fees Under Section 194J The Delhi Bench of the Income Tax Appellate Tribunal (ITAT), presided over by M. Balaganesh (Accountant Member) and Anubhav Sharma...
Income Tax Appellate Tribunal: CIT(A) Cannot Dismiss Appeals For Non-Prosecution The Delhi Bench of the Income Tax Appellate Tribunal (ITAT), comprising Challa Nagendra Prasad (Judicial Member) and...
ITAT: Premium on Issue Of Shares To Existing Shareholders Not Deemed Income If Beneficiary Derives No Revenue Cites the decision in a previous case to make its point The Delhi bench of the...
ITAT Remits Matter For Re-Adjudication As Taxpayer Fails To Disclose Identity Of Source of Fund Cites the judgment of the Delhi High Court in a previous case The Kolkata bench of the Income Tax...
ITAT: Employees’ Contributions Not Deposited Within Due Dates Under PF and ESIC Acts Not Eligible For Deduction The bench referred to the decision of the Supreme Court in a previous case The...
ITAT Chides IT Department For Refusing Tax Benefit To Abu Dhabi Investment Authority Admonishes it for not verifying the genuinity of the government-owned company through its address and PAN...
