![Excess S.80HHC Deduction can be Reopened Even if Original Order was Silent: Madras HC holds Reliance on Expl 2 to S. 142 Valid [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112735-madras-highcourt-taxscan.jfif "Excess S.80HHC Deduction can be Reopened Even if Original Order was Silent: Madras HC holds Reliance on Expl 2 to S. 142 Valid [Read Order]")
Excess S.80HHC Deduction can be Reopened Even if Original Order was Silent: Madras HC holds Reliance on Expl 2 to S. 142 Valid [Read Order]
The Madras High Court has held that reopening of assessment is valid where excess deduction under Section 80HHC has been granted, even if the...
![Relief for Vodafone West Ltd: ITAT Allows Deduction u/s 80IA on SFIS Income, Cites Broader Language of S. 80IA(2A) [Read Order]](https://images.taxscan.in/h-upload/2025/12/13/250x150_2112002-relief-vodafone-west-ltd-itat-deduction-sfis-income-cites-language-taxscan.webp "Relief for Vodafone West Ltd: ITAT Allows Deduction u/s 80IA on SFIS Income, Cites Broader Language of S. 80IA(2A) [Read Order]")
![No GST on Balance Freight Amount Deposited by Shippers to Carriers’ Escrow Accounts: AAR [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/250x150_2111320-no-gst-balance-freight-amount-deposited-shippers-carriers-escrow-accounts-aar-taxscan.webp "No GST on Balance Freight Amount Deposited by Shippers to Carriers’ Escrow Accounts: AAR [Read Order]")
![Deduction u/s 57 for Bank Charges allowable as it Relates to Interest Income: ITAT Allows Claim [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/250x150_2103088-deduction-bank-charges-interest-income-itat-bank-charges-allowable-taxscan.webp "Deduction u/s 57 for Bank Charges allowable as it Relates to Interest Income: ITAT Allows Claim [Read Order]")
![Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/250x150_2101470-itat-mumbai-sidbi-itat-computation-of-deduction-taxscan.webp "Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]")
AO rejects Deduction u/s 10AA due to Delaying filing Form 56F: ITAT rules Forms are Directory, cannot take away Rights [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Ahmedabad bench has dismissed the Revenue’s appeal against the allowance of deduction under Section 10AA of the Income-tax Act, 1961 which was rejected...
![AO rejects Deduction u/s 10AA due to Delaying filing Form 56F: ITAT rules Forms are Directory, cannot take away Rights [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094531-itat-itat-ahmedabad-itat-grants-full-deduction-cooperative-bank-tax-relief-tax-relief-for-cooperative-banks-taxscan.webp "AO rejects Deduction u/s 10AA due to Delaying filing Form 56F: ITAT rules Forms are Directory, cannot take away Rights [Read Order]")
Deduction u/s 80JJAA Disallowed for Non-Filing of Form 10DA: ITAT Restores Matter to AO, Treating Lapse as Technical [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) restored the matter to the Assessing Officer (AO), treating the disallowance of deduction under section 80JJAA of Income Tax Act,1961, for...
![Deduction u/s 80JJAA Disallowed for Non-Filing of Form 10DA: ITAT Restores Matter to AO, Treating Lapse as Technical [Read Order]](https://images.taxscan.in/h-upload/2025/10/04/500x300_2093778-deduction-income-tax-act-assessee-conditions-itat-taxscan.webp "Deduction u/s 80JJAA Disallowed for Non-Filing of Form 10DA: ITAT Restores Matter to AO, Treating Lapse as Technical [Read Order]")
ITAT Deletes Capital Gains Addition of Rs.55 Lakh from Noida Property, Allows S.54 Deduction After Substantiation [Read Order]
The Chandigarh Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the capital gains addition of Rs.55 lakh from the sale of a Noida property and allowed the deduction under section 54 of...
![ITAT Deletes Capital Gains Addition of Rs.55 Lakh from Noida Property, Allows S.54 Deduction After Substantiation [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/500x300_2093458-2041943-capital-gains-tax-capital-gains-recent-judicial-trends-and-their-implications.webp "ITAT Deletes Capital Gains Addition of Rs.55 Lakh from Noida Property, Allows S.54 Deduction After Substantiation [Read Order]")
Deduction u/s 80P(2)(d) Confined to Co-operative Bank Deposits, RRB Interest Treated Separately with Expense Adjustment u/s 57(iii): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad has ruled on the eligibility of deductions claimed by a co-operative credit society in respect of interest earned from deposits with co-operative...
![Deduction u/s 80P(2)(d) Confined to Co-operative Bank Deposits, RRB Interest Treated Separately with Expense Adjustment u/s 57(iii): ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085594-deduction-co-operative-bank-deposits-rrb-taxscan.webp "Deduction u/s 80P(2)(d) Confined to Co-operative Bank Deposits, RRB Interest Treated Separately with Expense Adjustment u/s 57(iii): ITAT [Read Order]")
New Income Tax TDS Form, Requirements from April 1, 2026 with New Act, Rules Implementation: Find Checklist for Preparation Here
The Income Tax Department will roll out a new TDS (Tax Deducted at Source) form that will come into effect from April 1, 2026. The revised format is expected to improve compliance, minimize...
100 bed Requirement for Hospital’s Claim u/s 35AD(8): ITAT allows Deduction after Accepting Medical Director’s Certificate [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Chennai Bench, has upheld the order of the Commissioner of Income Tax (Appeals) [CIT(A)] allowing a substantial deduction claimed by a hospital under...
![100 bed Requirement for Hospital’s Claim u/s 35AD(8): ITAT allows Deduction after Accepting Medical Director’s Certificate [Read Order]](https://images.taxscan.in/h-upload/2025/09/08/500x300_2084769-hospitals-claim-requirement-for-hospitals-claim-itat-taxscan.webp "100 bed Requirement for Hospital’s Claim u/s 35AD(8): ITAT allows Deduction after Accepting Medical Director’s Certificate [Read Order]")