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Page 25 - Itat S Sean E Exit Question News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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No Relief In ₹10l Tax Fine For Not Disclosing Foreign Assets

A recent order of the Mumbai bench of the ITAT, which upheld a penalty of Rs 10 lakh under the Black Money Act for each year of default, has created ripples. ....

Rutvik Sanghvi , Indian Ngos , Ministry Of Home Affairs , Black Money Act , Foreign Account Tax Compliance Act , Black Money , Home Affairs , Economic Times News App , Daily Market Updates , Live Business , Tax Returns , Income Tax , Foreign Investments ,

There Can Be No Protective Addition In Absence Of Substantive Addition: ITAT

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that protective addition presupposes the existence of substantive additions; there can be no protective addition in the absence of. ....

Yogesh Kumar , Pradip Kumar Kedia , Income Tax Appellate Tribunal , Judicial Member , Accountant Member , For Appellant , Rotective Addition , Ubstantive Addition ,

Bogus Capital Gain By Sale Of Shares, Assessee Not A Beneficiary, ITAT Deletes Addition

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition on account of bogus capital gain by the sale of shares of a penny stock company in the absence of incriminating. ....

Bombay Stock Exchange , Global Infratech Finance Ltd , Ahmedabad Bench , Income Tax Appellate Tribunal , Siddhartha Nautiyal , Judicial Member , Waseem Ahmed , Accountant Member , Assessing Officer , Asianlak Capital , Finance Ltd , Global Infratech Finance , Bombay Stock , For Appellant , Capital Gain ,

Presumptive Taxation, Income From Profession Can't Be In Absence Of Notified Professional Qualification: ITAT

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that income from professions against which TDS is deducted cannot be taxed at 50% in the absence of notified professional. ....

Jitendra Singh , Narender Kumar Choudhry , Income Tax Appellate Tribunal , Judicial Member , Accountant Member , For Appellant , Presumptive Taxation , Professional Qualification ,

ITAT Excludes Infosys From The List Of Comparables Under Software Development Services Segment

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has upheld the exclusion of Infosys from the list of comparables under the software development services segment.The bench of Saktijit Dey. ....

Nishank Vashistha , Infosys Ltd , Income Tax Appellate Tribunal , Saktijit Dey , Vice President , Brr Kumar , Accountant Member , Transfer Pricing Officer , Assessing Officer , For Appellant , Oftware Development Services Segment ,