Category: ITAT related

What came as a pleasant surprise was the compliment paid by the prestigious journal that the ITAT “stands as a major influence in the approach to the practice, with tax payers all over the world using the numerous decisions as bench marks for their own documentation and transfer pricing strategy

The Rules Committee of the Income Tax Appellate Tribunal intends to suggest amendments to the Income-Tax Appellate Tribunal Rules, 1963. For this, views and suggestions from our Association have been sought. We therefore, request members to send their views and suggestions on any aspect of the Rules, on or before 14.11.2011

We are pleased to announce that Hon’ble Shri. G. E. Veerabhadrappa has been appointed the officiating President of the Income Tax Appellate Tribunal with effect from 14.10.2011

A Full Court Farewell function to honour the elevation of Hon’ble Shri. R. V. Easwar, President, Income Tax Appellate Tribunal, as Judge of the Delhi High Court was held today, 14.10.2011

In pursuance of the consultations of the collegium of the Income Tax Appellate Tribunal consisting of the President and two senior-most Vice-Presidents, the following Members of the Tribunal are hereby transferred in public interest, (except Serial Nos. 1 & 8) in the same capacity, to the Bench/es of the Income Tax Appellate Tribunal as shown against their names with effect from 12.09.2011

Instructions regarding Standard Operating Procedure on filing of appeals to the ITAT under section 253 and related matters Instruction No. 08/2011 [F NO. 279/MISC./M- 43/2011-ITJ], DATED 11-8-2011 With a view to streamline the process of filing appeals to ITAT and …

CBDT’s Instructions On Filing Appeals Before The Tribunal Read More »

Whether Sec. 40(a)(ia) of the Income Tax Act can be, invoked only to disallow expenditure of the nature referred to therein which is shown as “payable” as on the date of the balance sheet or it can be invoked also to disallow such expenditure which become payable at any time during the relevant previous year and was actually paid within the previous year?

Whether in the facts and circumstances of the case, the Assessing Officer was right in adding the amount of liabilities being reflected in the negative net worth ascertained by the auditors of the assessee to the sale consideration for determining the capital gains on account of slump sale?

Whether, Shri Deepak R. Shah, Advocate and Ex-Accountant Member of the ITAT is debarred from practicing before the ITAT in view of insertion of Rule l3E in ITAT Members (Recruitment and Condition of Service) Rules,1963.

In pursuance of the consultations of the collegiums of the Income Tax Appellate Tribunal consisting of the President and two senior-most Vice Presidents, Smt. Diva Singh, Judicial Member, Income Tax Appellate Tribunal, Kolkata Benches, Kolkata is hereby transferred in the same capacity to the Income Tax Appellate Tribunal, Delhi Benches, New Delhi with effect from the forenoon of 20th May, 2011 for a period of one year