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ITAT Limits Hospital Receipt Additions to 5 Percent and Cancels Diary Based Tax Demands
Discover the latest Chandigarh ITAT ruling restricting hospital receipt additions to 5 percent and deleting diary based unexplained income demands.
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ITAT Jaipur Remands Salary Expense Claim For Reasonable Allowance
ITAT Jaipur directs reassessment of a 32.53 lakh salary expense claim, rejecting blanket disallowance and mandating a fair evaluation.
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ITAT Jaipur Deletes Tax Addition for Income Declared Under Section 44AD
Learn how ITAT Jaipur deleted a tax addition of Rs 4.53 lakh when income was declared presumptively under Section 44AD.
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Understanding Minimum Alternate Tax MAT for Companies Calculation and Credit
Learn how the Minimum Alternate Tax MAT works for companies, including calculation methods and credit availability under Indian tax regulations.
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ITAT Pune Deletes Notice Default Penalty Under Section 272A(1)(d)
ITAT Pune sets aside a Rs 20,000 penalty under section 272A(1)(d) after accepting reasonable cause for failing to comply with section 142(1) notices.
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ITAT Kolkata Rules in Favor of Taxpayer on Pass-Through AE Purchases
ITAT Kolkata deletes a significant transfer pricing adjustment after determining the associated enterprise acted strictly as a pass-through entity.
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ITAT Mumbai Rules Section 92CA Reference Must Identify Specific Transaction
ITAT Mumbai rules that a Section 92CA reference must identify a transaction and the Transfer Pricing Officer cannot determine a Permanent Establishment.
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ITAT Jaipur Rules in Favor of 15 Percent Tax Rate After Form 10-ID Correction
ITAT Jaipur grants the 15 percent tax rate under section 115BAB after a timely filed Form 10-ID error was corrected.
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ITAT Mumbai Rules SaaS Subscription Fees Are Not Royalty Under Section 91vi
ITAT Mumbai rules that SaaS subscription payments do not qualify as royalties under Section 9(1)(vi) or the India-Ireland tax treaty in the absence of a PE.
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Understanding Delay Condonation in Insurance Appeals: A Legal Overview
Explore the legal principles surrounding the condonation of delay in insurance appeals under Section 5 of the Limitation Act through a recent case study.