![Interest Income from Cooperative Banks Eligible for Deduction u/s 80P(2)(d): ITAT allows deduction of Rs. 35 lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Interest-Income-Deduction-Cooperative-Banks-taxscan.jpg "Interest Income from Cooperative Banks Eligible for Deduction u/s 80P(2)(d): ITAT allows deduction of Rs. 35 lakhs [Read Order]")
Interest Income from Cooperative Banks Eligible for Deduction u/s 80P(2)(d): ITAT allows deduction of Rs. 35 lakhs [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) held that the interest income that is derived from the cooperative banks is eligible for...
![AO Cannot Initiate Reassessment Proceedings During Pending Rectification Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ruling-AO-reassessment-Income-Tax-Act-taxscan.jpg "AO Cannot Initiate Reassessment Proceedings During Pending Rectification Proceedings: ITAT [Read Order]")
![“Income Chargeable to Tax Means Chargeable Under the Act”: Rajasthan HC Quashes S.148A(d) Order on NRI’s Land Purchase [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Rajasthan-High-Court-NRIs-Land-Purchase-Chargeable-Under-the-Act-taxscan.jpg "“Income Chargeable to Tax Means Chargeable Under the Act”: Rajasthan HC Quashes S.148A(d) Order on NRI’s Land Purchase [Read Order]")
![Timely Application for Final Approval u/s 80G: ITAT Quashes CIT(E)’s Rejection [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Timely-Application-for-Final-Approval-Timely-Application-Final-Approval-Final-Approval-section-80G-ITAT-ITAT-Quashes-taxscan.jpg "Timely Application for Final Approval u/s 80G: ITAT Quashes CIT(E)’s Rejection [Read Order]")
![Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Employees-PF-ESI-Contribution-PF-ESI-Contribution-Employees-PF-ESI-Contribution-Disallowed-PF-ESI-Contribution-Disallowed-ITAT-taxscan.jpg "Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]")
Excise Duty Refund Under Industrial Promotion Scheme: ITAT Declares It Capital Receipt, Not Taxable [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) ruled that the excise duty refund received under the industrial promotion scheme in Gujarat's Kutch District was a capital receipt and not...
![Excise Duty Refund Under Industrial Promotion Scheme: ITAT Declares It Capital Receipt, Not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/exicse-duty.jpg "Excise Duty Refund Under Industrial Promotion Scheme: ITAT Declares It Capital Receipt, Not Taxable [Read Order]")
Interest Earned by Co-operative Society from Co-operative Bank Eligible for Deduction: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) ruled that interest earned by a co-operative society from a co-operative bank is eligible for deduction under section 80P(2)(d) of Income...
![Interest Earned by Co-operative Society from Co-operative Bank Eligible for Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Interest-Earned-by-Co-operative-Society-Co-operative-Society-Co-operative-Society-from-Co-operative-Bank-Co-operative-Bank-Co-operative-Bank-Eligible-for-Deduction-taxscan.jpg "Interest Earned by Co-operative Society from Co-operative Bank Eligible for Deduction: ITAT [Read Order]")
![Lack of Jurisdiction Disqualifies Entire Tax Proceedings against NRI: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Lack-Jurisdiction-Disqualifies-Tax-Proceedings-NRI-ITAT-taxscan.jpg "Lack of Jurisdiction Disqualifies Entire Tax Proceedings against NRI: ITAT [Read Order]")
Rejection of Trust's Registration u/s 80G due to Insufficient Details: ITAT Remands Matter to CIT(E) [Read Order]
The Nagpur Bench of Income Tax Appellate Tribunal(ITAT) remands matter to Commissioner of Income Tax(Exemption)[CIT(E)] after rejection of Trust's Registration under Section 80G of Income Tax...
![Rejection of Trusts Registration u/s 80G due to Insufficient Details: ITAT Remands Matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Rejection-of-Trusts-Registration-Trusts-Registration-Section-80G-Due-to-Insufficient-Details-Insufficient-Details-ITAT-ITAT-Remands-Matter-taxscan.jpg "Rejection of Trusts Registration u/s 80G due to Insufficient Details: ITAT Remands Matter to CIT(E) [Read Order]")
Reassessment based on Incorrect Presumptions Invalid: ITAT Quashes Reassessment Order [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) quashed a reassessment order under Section 147 of the Income Tax Act,1961, finding it based on incorrect presumptions and lacking supporting...
![Reassessment based on Incorrect Presumptions Invalid: ITAT Quashes Reassessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Reassessment-Reassessment-Based-on-Incorrect-Presumptions-Invalid-Incorrect-Presumptions-Invalid-ITAT-ITAT-Quashes-Reassessment-Order-taxscan.jpg "Reassessment based on Incorrect Presumptions Invalid: ITAT Quashes Reassessment Order [Read Order]")
![Rejection of Trusts S.12A Registration: ITAT Restores Matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Ahmedabad-CITE-reconsideration-Tax-exemption-trust-taxscan.jpg "Rejection of Trusts S.12A Registration: ITAT Restores Matter to CIT(E) [Read Order]")