![Disallowance of Expenditure Written off deleted Without Examining Commercial Rationale and Nature of Loss: ITAT Remands Matter [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113756-disallowance-expenditure-written-off-taxscan.webp "Disallowance of Expenditure Written off deleted Without Examining Commercial Rationale and Nature of Loss: ITAT Remands Matter [Read Order]")
Disallowance of Expenditure Written off deleted Without Examining Commercial Rationale and Nature of Loss: ITAT Remands Matter [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) remanded the matter of a disallowed expenditure write off totaling ₹4,19,61,906 back...
![Provision for Warranty Not Contingent when Based on Scientific Method: ITAT Directs AO to allow Correct Deduction [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113411-provision-warranty-contingent-based-scientific-method-itat-directs-ao-allow-correct-deduction-taxscan.webp "Provision for Warranty Not Contingent when Based on Scientific Method: ITAT Directs AO to allow Correct Deduction [Read Order]")
![Rental Income from Leasing Trailers and Exhibition Space is Business Income, Not House Property: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113395-rental-income-leasing-trailers-exhibition-space-business-income-house-property-itat-taxscan.webp "Rental Income from Leasing Trailers and Exhibition Space is Business Income, Not House Property: ITAT Deletes Addition [Read Order]")
![S.56(2)(viib) Not Applicable to Shares issued to Non-Resident Holding Company: ITAT Deletes ₹198 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113435-itat-deletes-198-cr-addition-taxscan.webp "S.56(2)(viib) Not Applicable to Shares issued to Non-Resident Holding Company: ITAT Deletes ₹198 Cr Addition [Read Order]")
![Depreciation on Genuine Fixed Assets Cannot be Disallowed Merely for Alleged Source Deficiency: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113358-depreciation-on-genuine-fixed-assets-cannot-be-disallowed-merely-itat-taxscan.webp "Depreciation on Genuine Fixed Assets Cannot be Disallowed Merely for Alleged Source Deficiency: ITAT [Read Order]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 29]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Income-Tax-Annual-Digest-2024-Annual-Digest-2024-ITAT-ITAT-Cases-Part-29-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 29]")
![Service Tax not applicable on extraction of Iron Ore from leased mines: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Service-Tadax-leased-mines-CESTAT-Bangalore-Section-65-Tax-not-applicable-extraction-of-Iron-Ore-taxscan.jpg "Service Tax not applicable on extraction of Iron Ore from leased mines: CESTAT [Read Order]")
Imported Cocoa Beans: CESTAT observes 11-Month BIS Testing Delays possibly causing Quality Deterioration, Reduces Penalty [Read Order]
The Bangalore Bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) reduced the redemption fine and penalty imposed on the import of cocoa beans acknowledging 11-month delay in...
![Imported Cocoa Beans: CESTAT observes 11-Month BIS Testing Delays possibly causing Quality Deterioration, Reduces Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Imported-Cocoa-Beans-Cocoa-Beans-CESTAT-Quality-Deterioration-Reduces-Penalty-BIS-Testing-taxscan.jpg "Imported Cocoa Beans: CESTAT observes 11-Month BIS Testing Delays possibly causing Quality Deterioration, Reduces Penalty [Read Order]")
Advertising and Marketing, Banking and Financial Services are Admissible to Cenvat Credit: CESTAT [Read Order]
The Bangalore bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that advertising and marketing, banking and financial services are admissible to Cenvat credit. ...
AO Adds Purchases from Suppliers Issuing Fake Bills to Income, Labels Them Bogus: ITAT directs for Further Verification [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) directed further verification in the matter concerning the Assessing Officer (AO) treating entire purchases as bogus citing that the...
![AO Adds Purchases from Suppliers Issuing Fake Bills to Income, Labels Them Bogus: ITAT directs for Further Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Bangalore-Assessing-Officer-Label-Them-Bogus-Suppliers-Issuing-Fake-Bills-to-Income-AO-Adds-Purchases-taxscan.jpg "AO Adds Purchases from Suppliers Issuing Fake Bills to Income, Labels Them Bogus: ITAT directs for Further Verification [Read Order]")
CVD at 10% Levied on Insoluble Sulphar Despite ‘Nil’ Excise Duty: CESTAT sets aside Order [Read Order]
The Bangalore bench of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) has overturned the assessing authority's order imposing a 10% Countervailing Duty (CVD) on insoluble sulfur,...
![CVD at 10% Levied on Insoluble Sulphar Despite ‘Nil’ Excise Duty: CESTAT sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/site-imd-7.jpg "CVD at 10% Levied on Insoluble Sulphar Despite ‘Nil’ Excise Duty: CESTAT sets aside Order [Read Order]")