The Income Tax Appellate Tribunal (ITAT), Pune Bench passed a ruling that no income tax can be levied on a transaction that has never materialized. Here, in this case, The assessee filed his income tax return declaring a total income of Rs.2,94,330/-. The Assessing Officer noticed that...
Imposing some checks on arbitrary actions of taxmen, the Income Tax Appellate Tribunal has made it tougher for the Assessing Officers (AO) to impose penalty on common taxpayers. Setting aside the orders of the AO and Commissioner of Income Tax (Appea
October 2, 2022Arpit KulshresthaIncome Tax News and Articles, Taxes in India 3 Minutes Read The Ahmedabad income tax appellate tribunal (ITAT) Bench, arranging the appeals furnished via both the taxpayer and the revenue, ruled that the interest income from the staff loans and advances along with...
IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B HYDERABAD BEFORE SMT P MADHAVI DEVI JUDICIAL MEMBER AND SHRI A MOHAN ALANKAMONY ACCOUNTANT MEMBER THROU
P. P. Bhatt, President, ITAT at Jammu in the presence of Sh. N.K. Saini, Hon’ble Vice-President, ITAT, Sh. (CA.) G.S. Pannu, Hon’ble Vice-President, ITAT, CA. Atul Kumar Gupta, President ICAI, Smt. Poonam Sidhu, (IRS), Chief Commissioner of Income Tax, and Sh. R.L ...
The Income Tax Appellate Tribunal (ITAT) Delhi ruled that long-term capital gains tax It came up in a matter of the sale of Singapore-based Accelyst Pte Ltd (Freecharge) by Singapore startup incubator Augustus Capital PTE Ltd to Jasper Infotech Pvt Ltd (
November 9, 2022Arpit KulshresthaIncome Tax News and Articles, Taxes in India 2 Minutes Read The Income Tax Appellate Tribunal (ITAT), Ahmedabad ruled that Assessing Officer (AO) must take cognizance of the claim that the taxpayer made on the filing of revised returns and must move to the ...
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A Single Bench of the Income Tax Appellate Tribunal (ITAT) Pune, ruled that the Assessing Officer (AO) cannot reopen an assessment without tangible material showing escapement of income. The taxpayer is the owner of Sikandar and Company a company that in
ITAT Inside the Auburn Tigers (Auburn University; Auburn, AL) ITAT Information Technology Architecture Team (DLA) Note: We have 4 other definitions for ITAT in our Acronym Attic new search suggest new definition Abbreviation Database Surfer « Previous Next » ITARDA ITARI ITARP ITARS ITA...