Judgement

The Court held that the increased tax rate under section 115BBE of 60% is applicable from 01.04.2017 and not for the transactions before 01.04.2017

Higher Tax Rate Under Section 115BBE Applicable from April 2017: ITAT Delhi

The court observed that the company had submitted enough explanation about the source of the cash deposit during the demonetization period and deleted the Rs 1.22 crore addition.

ITAT Deletes Rs 1.22 Cr Addition Made Against Company in Demonitisation Case

The ITAT held that there was no question of filing any TDS return if the payment was not made and TDS was not deducted on it.

ITAT Deletes Rs 1.16 Lakh Late Filing Fee U/S 234E As TDS Was Not Deducted

ITAT held that not mentioning proper reasons for reassessment proceedings is bad in law; therefore, it quashed the reassessment proceedings made by the AO.

ITAT Delhi Quashes Reassessment Proceedings Based on Suspicion

Articles

The Government of India clarifies in Rajya Sabha that no force-wise tax tracking or policy review exists for defence and security personnel, citing limitations in current ITR data.

ITR Filing: Few Specially Designed Exemptions, Deductions for Defence Personnel

TAT rules surcharge on AOP taxable income must follow slab rates of Finance Act; sets aside 37% levy under maximum marginal rate

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Higher Tax Rate Under Section 115BBE Applicable from April 2017: ITAT Delhi

ITAT Deletes Rs 1.22 Cr Addition Made Against Company in Demonitisation Case

ITAT Deletes Rs 1.16 Lakh Late Filing Fee U/S 234E As TDS Was Not Deducted

ITAT Delhi Quashes Reassessment Proceedings Based on Suspicion

ITR Filing: Few Specially Designed Exemptions, Deductions for Defence Personnel

ITAT Rules Surcharge on AOP Income Limited to 10%, Not 37%