Judgement

Failure to Claim TDS in Return Does Not Defeat Substantive Right When Tax Is Deposited and Income Offered

ITAT Mumbai: Genuine TDS Credit Cannot Be Denied for Mere Procedural Lapse in ITR

The Tribunal cited that to invoke Section 41(1), the assessee must credit the said liability to its profit and loss account, which was not the case here.

Section 41(1) Cannot be Invoked Without P&L Credit Proof: ITAT Deletes Cessation Addition

There is no requirement that the doctor's prescriptions and the identity of the persons buying the medicines need to be kept on record to prove the genuineness of the cash sales during the demonetisation.

ITAT Delhi Grants Relief to Pharmacy Owner on Demonetisation Cash Deposits

ITAT Delhi Grants Relief to Pharmacy Owner on Demonetization Cash Deposits

The ITAT held that the receipts from Bandwidth charges are not taxable as royalty income either under section 9(1)(vi) of the Income Tax Act or Article 12(3) of India-Singapore DTAA.

Receipts from Bandwidth Charges Are Not Taxable as Royalty: ITAT Delhi

ITAT restores 80G approval for assessee, remanding case for fresh adjudication due to incomplete Form 10AB details.

ITAT Restores 80G Approval Application; Remands Case for Fresh Adjudication

Articles

A taxpayer who filed and verified his ITR on time is still waiting for his refund even after 130 days, causing financial stress as the money is needed for his daughter’s school fees.

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ITAT Mumbai: Genuine TDS Credit Cannot Be Denied for Mere Procedural Lapse in ITR

Section 41(1) Cannot be Invoked Without P&L Credit Proof: ITAT Deletes Cessation Addition

ITAT Delhi Grants Relief to Pharmacy Owner on Demonetization Cash Deposits

Receipts from Bandwidth Charges Are Not Taxable as Royalty: ITAT Delhi

ITAT Restores 80G Approval Application; Remands Case for Fresh Adjudication

Taxpayer Awaits ITR Refund for Over 130 Days, Says Delay Affects Daughter’s School Fees