![Interest on Statutory Deposits Integral to Lending Business, qualifies for Deduction u/s 80P(2)(a)(i): ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094777-itat-banglore-section-80p-deduction-taxscan-1.webp "Interest on Statutory Deposits Integral to Lending Business, qualifies for Deduction u/s 80P(2)(a)(i): ITAT [Read Order]")
Interest on Statutory Deposits Integral to Lending Business, qualifies for Deduction u/s 80P(2)(a)(i): ITAT [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) held that the Sullia Primary Co-operative Agricultural & Rural Development Bank, the...
![Appeal Filing Delayed by 729 days Due to Death of Counsel and illness: ITAT Condones Delay, Remands LTCG Addition to CIT for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/250x150_2094751-appeal-filing-delayed-itat-condones-delay-ltcg-cit-fresh-adjudication-taxscan.webp "Appeal Filing Delayed by 729 days Due to Death of Counsel and illness: ITAT Condones Delay, Remands LTCG Addition to CIT for Fresh Adjudication [Read Order]")
![Housing Loan Deduction u/s 80C Disallowed by AO: ITAT Confirms Eligibility of Co-op Credit Society for Deduction [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/250x150_2094747-income-tax-income-tax-benefit-home-loan-know-how-to-claim-income-tax-benefit-taxscan-1.webp "Housing Loan Deduction u/s 80C Disallowed by AO: ITAT Confirms Eligibility of Co-op Credit Society for Deduction [Read Order]")
![₹4.81L Housing Loan Repayment Treated as Unexplained u/s 69C: ITAT Remands Matter to AO for Reassessment After Reviewing Assessee’s Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/250x150_2094741-2060517-unexplained-cash-credit.webp "₹4.81L Housing Loan Repayment Treated as Unexplained u/s 69C: ITAT Remands Matter to AO for Reassessment After Reviewing Assessee’s Evidence [Read Order]")
![ITAT Quashes PCIT’s Revision; Cancellation of Land Deal Meant No Taxable Cash Income [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094649-itat-quashes-pcit-land-deal-cash-income-taxscan.webp "ITAT Quashes PCIT’s Revision; Cancellation of Land Deal Meant No Taxable Cash Income [Read Order]")
![No Notice, No Justice: ITAT Sends Homemaker’s Tax Case Back for Fresh Trial [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094657-no-justice-itat-homemakers-tax-case-homemakers-tax-taxscan.webp "No Notice, No Justice: ITAT Sends Homemaker’s Tax Case Back for Fresh Trial [Read Order]")
Error in Reading Jewellery Sale as Purchase Costs CIT(A); ITAT Orders Fresh Look at Cash Deposit Addition [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal has set aside an order of the Commissioner of Income Tax (Appeals) after finding that a factual error had crept into the reading of evidence...
![Error in Reading Jewellery Sale as Purchase Costs CIT(A); ITAT Orders Fresh Look at Cash Deposit Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094646-cash-deposit-addition-quashed-itat-rule-sales-audited-books-vat-returns.webp "Error in Reading Jewellery Sale as Purchase Costs CIT(A); ITAT Orders Fresh Look at Cash Deposit Addition [Read Order]")
Unexplained Deposits of ₹41.02 Lakh Restored to AO: ITAT Cites Illiteracy, Allows Additional Evidence with 5k Costs [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) acknowledged the assessee's illiteracy and restored the assessment involving an unexplained deposit of Rs. 41,02,924 to the...
![Unexplained Deposits of ₹41.02 Lakh Restored to AO: ITAT Cites Illiteracy, Allows Additional Evidence with 5k Costs [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094636-gst-itc.webp "Unexplained Deposits of ₹41.02 Lakh Restored to AO: ITAT Cites Illiteracy, Allows Additional Evidence with 5k Costs [Read Order]")
TDS Disallowance u/s 40(a)(ia): ITAT Allows Rs. 23.67L Deduction, Sets Aside First Appellate Order [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal ( ITAT ) allowed a deduction of Rs. 23,67,760 lakh under section 40(a)(ia) of Income Tax Act,1961 for Tax Deducted at Source (TDS) deposited ...
![TDS Disallowance u/s 40(a)(ia): ITAT Allows Rs. 23.67L Deduction, Sets Aside First Appellate Order [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094586-itat-weekly-round-up-itat-income-tax-income-tax-act-weekly-round-up-taxscan.webp "TDS Disallowance u/s 40(a)(ia): ITAT Allows Rs. 23.67L Deduction, Sets Aside First Appellate Order [Read Order]")
Brokerage Addition of ₹20.30 Lakh by Relying on Rough Jottings Without Corroborative Evidence Unsustainable: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of Rs. 20,30,000/- on account of alleged unaccounted brokerage income made by the Assessing Officer (AO), ruling ...
![Brokerage Addition of ₹20.30 Lakh by Relying on Rough Jottings Without Corroborative Evidence Unsustainable: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094640-brokerage-addition-corroborative-evidence-itat-taxscan.webp "Brokerage Addition of ₹20.30 Lakh by Relying on Rough Jottings Without Corroborative Evidence Unsustainable: ITAT [Read Order]")
Approval u/s 35(1)(ii) For Donee's trust Expired: ITAT Upholds ₹26.25 Lakh Disallowance [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) upheld the disallowance of Rs. 26,25,000 claimed as a deduction u/s 35(1)(ii) of the Income Tax Act, 1961 citing the approval under ...
![Approval u/s 35(1)(ii) For Donees trust Expired: ITAT Upholds ₹26.25 Lakh Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094647-itat-upholds-disallowance-approval-taxscan.webp "Approval u/s 35(1)(ii) For Donees trust Expired: ITAT Upholds ₹26.25 Lakh Disallowance [Read Order]")