![Interest Income Earned by Co-Operative Society from Deposits With Co-Op Banks & Nationalised Bank Eligible for S. 80P Deduction: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/13/500x300_2119113-interest-income-co-operative-society-deposits-co-op-banks-nationalised-bank-itat-taxscan.webp "Interest Income Earned by Co-Operative Society from Deposits With Co-Op Banks & Nationalised Bank Eligible for S. 80P Deduction: ITAT [Read Order]")
Interest Income Earned by Co-Operative Society from Deposits With Co-Op Banks & Nationalised Bank Eligible for S. 80P Deduction: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) held that interest income earned by a co-operative credit society from deposits with...
![AO Cannot make Additions on Issues Unrelated to Recorded Reopening Reasons: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/13/250x150_2118743-itat-mumbai-reopening-reasons-reopening-of-assessment-income-tax-reassessment-recorded-reasons-itat-reassessment-judgment-recorded-reopening-reasons-taxscan.webp "AO Cannot make Additions on Issues Unrelated to Recorded Reopening Reasons: ITAT [Read Order]")
![STT-Paid STCL Set-Off allowed against 30% STCG Despite 15% Rate: ITAT Quashes Denial [Read Order]](https://images.taxscan.in/h-upload/2026/01/13/250x150_2118761-stt-stcl-set-off-allowed-against-stcg-despite-rate-itat-quashes-denial-taxscan.webp "STT-Paid STCL Set-Off allowed against 30% STCG Despite 15% Rate: ITAT Quashes Denial [Read Order]")
![Schedule BP Adjustment Ignored: ITAT Sets Aside ₹33.83 Cr Disallowance u/s. 37 & MAT Addition u/s. 115JB [Read Order]](https://images.taxscan.in/h-upload/2026/01/13/250x150_2118745-schedule-bp-adjustment-ignored-taxscan.webp "Schedule BP Adjustment Ignored: ITAT Sets Aside ₹33.83 Cr Disallowance u/s. 37 & MAT Addition u/s. 115JB [Read Order]")
Date of Share Transfer Determines “Holding Period”, Not Allotment Date: ITAT allows LTCG Exemption [Read Order]
The Mumbai Bench, Income Tax Appellate Tribunal (ITAT) held that for the purpose of determining the “holding period” of shares concerning eligibility for long-term capital gains (LTCG) exemption,...
![Date of Share Transfer Determines “Holding Period”, Not Allotment Date: ITAT allows LTCG Exemption [Read Order]](https://images.taxscan.in/h-upload/2026/01/13/500x300_2118753-date-share-transfer-holding-period-allotment-itat-ltcg-exemption-taxscan.webp "Date of Share Transfer Determines “Holding Period”, Not Allotment Date: ITAT allows LTCG Exemption [Read Order]")
![Brought-Forward Losses Cannot be Set Off against DTAA-Exempt LTCG: ITAT Bars Adjustment [Read Order]](https://images.taxscan.in/h-upload/2026/01/13/500x300_2118727-brought-forward-losses-cannot-be-set-off-against-dtaa-exempt-ltcg-taxscan.webp "Brought-Forward Losses Cannot be Set Off against DTAA-Exempt LTCG: ITAT Bars Adjustment [Read Order]")
ITAT Grants Relief on Unexplained Income in ₹94-Lakh Property Sale Despite Invalid Income Tax Return [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) has held that the assessing officer cannot ignore the examination of source of funds merely because of the error in income tax return ( ITR ) due to...
![ITAT Grants Relief on Unexplained Income in ₹94-Lakh Property Sale Despite Invalid Income Tax Return [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118429-itat-grants-relief-unexplained-income-property-sale-despite-invalid-income-tax-return-taxscan.webp "ITAT Grants Relief on Unexplained Income in ₹94-Lakh Property Sale Despite Invalid Income Tax Return [Read Order]")
Reversal of Interest u/s 23 of MSMED Act Cannot Attract Addition In Absence of Deduction Claim: ITAT Directs AO to Verify [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the reversal of interest provided under Section 23 of the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED...
![Reversal of Interest u/s 23 of MSMED Act Cannot Attract Addition In Absence of Deduction Claim: ITAT Directs AO to Verify [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118411-reversal-interest-msmed-act-addition-deduction-claim-itat-ao-taxscan.webp "Reversal of Interest u/s 23 of MSMED Act Cannot Attract Addition In Absence of Deduction Claim: ITAT Directs AO to Verify [Read Order]")
![TOLA cannot Revive Reassessment Bar After 6 Years: ITAT Sets Aside ₹1.09 Cr Demand [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118405-tola-cannot-revive-reassessment-bar-taxscan.webp "TOLA cannot Revive Reassessment Bar After 6 Years: ITAT Sets Aside ₹1.09 Cr Demand [Read Order]")
Mistaken Self-Disallowance u/S.36 in Income tax Return Can Be Rectified: ITAT Orders Fresh Review [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) observed an inadvertent self-disallowance made by a taxpayer in the return of income cannot be treated as final if it does not reflect...
![Mistaken Self-Disallowance u/S.36 in Income tax Return Can Be Rectified: ITAT Orders Fresh Review [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118414-mistaken-self-disallowance-income-tax-return-rectified-taxscan.webp "Mistaken Self-Disallowance u/S.36 in Income tax Return Can Be Rectified: ITAT Orders Fresh Review [Read Order]")