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Bona Fide Non-Offering Of Interest On Income Tax Refund While Filing ITR Does Not Amount To Under-Reporting Of Income: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the explanation of the assessee for not offering the interest on income tax refund while filing its return of income is bona. ....

Sandeep Singh Karhail , Mumbai Bench , Income Tax Appellate Tribunal , Judicial Member , Amarjit Singh , Accountant Member , Income Tax , For Appellant , Income Tax , Under Reporting ,

Output VAT Refund Received By Hyundai Motor Towards Investment Promotion Subsidy Is Non-Taxable Capital Receipt: ITAT

The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has held that the output VAT refund received by Hyundai Motor towards investment promotion subsidy is a non-taxable capital receipt.The bench. ....

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No penalty on non-disclosure of interest on tax refund: ITAT | India News

India News: The Mumbai Income Tax Appellate Tribunal (ITAT) has ruled in favor of a senior citizen by stating that the penalty imposed for not disclosing the inte ....

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Itat: ITAT holds Singapore's tax residency certificate as proof for tax treaty eligibility

India Business News: The Delhi bench of the Income-tax Appellate Tribunal (ITAT) has ruled in favor of The Golden State Capital Pte Ltd, a Singapore entity, stating that i ....

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Income Received By UK Telecom Company From Indian Telecom Company For Rendering Roaming Services To Customers Abroad Is Not 'Royalty': ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that income received by a UK telecom company from an Indian telecom company for rendering roaming services to customers abroad is not. ....

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