![Expenditure on Interest-bearing Loans acquired for making Investment in Agricultural Land not allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "Expenditure on Interest-bearing Loans acquired for making Investment in Agricultural Land not allowable as Deduction: ITAT [Read Order]")
Expenditure on Interest-bearing Loans acquired for making Investment in Agricultural Land not allowable as Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cochin bench has held that the deduction cannot be allowed in respect of interest-bearing funds utilized by...
![Interest must be Calculated from the Date of Default by the Deductor to Actual Date of Remittance of Taxes by Deductees: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Interest-Taxscan.jpg "Interest must be Calculated from the Date of Default by the Deductor to Actual Date of Remittance of Taxes by Deductees: ITAT [Read Order]")
![Insolvency Professional suspended for using ‘IBBI’ in the Name of LLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Insolvency-and-Bankruptcy-Board-of-India.jpg "Insolvency Professional suspended for using ‘IBBI’ in the Name of LLP [Read Order]")
![Portfolio Management Services Fee is deductible from Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Portfolio-Management-Services-Capital-Gain-Taxscan.jpg "Portfolio Management Services Fee is deductible from Capital Gain: ITAT [Read Order]")
![Amazon Kindle is not Dictionary, attracts Customs Duty, rules Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/09/Amazon-Kindle-Customs-Duty-Taxscan.jpg "Amazon Kindle is not Dictionary, attracts Customs Duty, rules Delhi High Court [Read Judgment]")
Introducing Customers to Financial Institutes amount to Business Auxiliary Service: CESTAT [Read Order]
While upholding a service tax demand, the Custom, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi bench has ruled that the activity of introducing customers to the financial institutions for...
![Introducing Customers to Financial Institutes amount to Business Auxiliary Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Cash-Credits-Taxscan.jpg "Introducing Customers to Financial Institutes amount to Business Auxiliary Service: CESTAT [Read Order]")
![Ex-Director can’t Sign and Verify Appeal Memo filed before Tribunal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Ex-Director-Appeal-Memo-Taxscan.jpg "Ex-Director can’t Sign and Verify Appeal Memo filed before Tribunal: ITAT [Read Order]")
100% Deduction not available u/s 80-IC If Substantial Expansion in Manufacturing was carried out after 5 Years: SC [Read Judgment]
A two-judge bench of the Supreme Court comprising Justice A.K. Sikri and Justice Ashok Bhushan has held that 100% Deduction under Section 80-IC of the Income Tax Act, 1961 is not available if the...
![100% Deduction not available u/s 80-IC If Substantial Expansion in Manufacturing was carried out after 5 Years: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/09/Deduction-Supreme-Court-of-India-Taxscan.jpg "100% Deduction not available u/s 80-IC If Substantial Expansion in Manufacturing was carried out after 5 Years: SC [Read Judgment]")
No Legal Bar on GPA Holder to Execute Sale Deed when he is Authorized: ITAT confirms Addition [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT), while upholding an income tax addition, observed that there is no legal bar on GPA Holder to execute sale deed when he is authorized to do...
![No Legal Bar on GPA Holder to Execute Sale Deed when he is Authorized: ITAT confirms Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Sale-Deed-Taxscan.jpg "No Legal Bar on GPA Holder to Execute Sale Deed when he is Authorized: ITAT confirms Addition [Read Order]")
![Assessee can’t be Penalized for failure of Third Parties to submit PAN: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Transgenders-PAN-Card-Taxscan.jpg "Assessee can’t be Penalized for failure of Third Parties to submit PAN: ITAT [Read Order]")