![ITAT slashes Tax Demand on Builder LLP, Rejects On-Money Extrapolation Due to Lack of Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/08/04/500x300_2072966-tax-demand-on-builder.webp "ITAT slashes Tax Demand on Builder LLP, Rejects On-Money Extrapolation Due to Lack of Evidence [Read Order]")
ITAT slashes Tax Demand on Builder LLP, Rejects 'On-Money' Extrapolation Due to Lack of Evidence [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has significantly reduced the tax demand on Meenamani Ganga Builder LLP, ruling that the...
![ITAT Slashes Tax Demand: Pune Developer’s Rs.1.1 Cr Cash Deposits Partly Accepted as Business Income [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071290-cash-deposit-taxscan.webp "ITAT Slashes Tax Demand: Pune Developer’s Rs.1.1 Cr Cash Deposits Partly Accepted as Business Income [Read Order]")
![ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-08-at-1.11.11-PM.jpeg "ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]")
![ITAT Sets Aside Order Passed by CIT(A) for Ignoring Assessees Consistent Business Practice: Directs Re-examination of TDS Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Pune-CITA-Re-examination-of-TDS-Claim-TDS-TAXSCAN.jpg "ITAT Sets Aside Order Passed by CIT(A) for Ignoring Assessees Consistent Business Practice: Directs Re-examination of TDS Claim [Read Order]")
![Capitalized R&D expenditure can be claimed u/s 35(1)(iv) if disallowed u/s 35(2AB): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Capitalized-RD-expenditure-RD-expenditure-claimed-Section-351iv-disallowed-Section-352AB-disallowed-ITAT-taxscan.jpg "Capitalized R&D expenditure can be claimed u/s 35(1)(iv) if disallowed u/s 35(2AB): ITAT [Read Order]")
ITAT sets aside PCIT’s Section 263 Order, Holds Bank of Maharashtra’s ₹1137 Crore Deduction for Bad and Doubtful Debts [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has set aside the Principal Commissioner of Income Tax (PCIT) revision order under Section 263 of the Income Tax Act, 1961, in the case of...
![ITAT sets aside PCIT’s Section 263 Order, Holds Bank of Maharashtra’s ₹1137 Crore Deduction for Bad and Doubtful Debts [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Set-PCIT-PCITs-Section-263-Bank-of-Maharashtra-Deduction-for-Bad-and-Doubtful-Debts-Doubtful-Debts-Debts-taxscan.jpg "ITAT sets aside PCIT’s Section 263 Order, Holds Bank of Maharashtra’s ₹1137 Crore Deduction for Bad and Doubtful Debts [Read Order]")
CPC Assessed Income under New Regime via Form 10IE: ITAT sets aside Order as Return Filed under Old Regime, Conditions of S. 115 BAC Not Fully Met [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the assessment order which was assessed under the new regime citing that the return was filed under the new regime and conditions...
![CPC Assessed Income under New Regime via Form 10IE: ITAT sets aside Order as Return Filed under Old Regime, Conditions of S. 115 BAC Not Fully Met [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Pune-CPC-Assessed-Income-Income-CPC-New-Regime-via-Form-10IE-Form-10IE-taxscan.jpg "CPC Assessed Income under New Regime via Form 10IE: ITAT sets aside Order as Return Filed under Old Regime, Conditions of S. 115 BAC Not Fully Met [Read Order]")
Delay in filing appeal due to pending cases in civil courts and financial struggle: ITAT condones 180 days delay [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) condoned the delay of 180 days for delay in filing appeal due to pending cases in civil courts and financial struggle of the assessee. ...
![Delay in filing appeal due to pending cases in civil courts and financial struggle: ITAT condones 180 days delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/TAT-condones-delay-ITAT-Pune-Appeal-delay-due-to-civil-court-cases-ITAT-lenient-on-delay-Delay-condonation-petition-taxscan.jpg "Delay in filing appeal due to pending cases in civil courts and financial struggle: ITAT condones 180 days delay [Read Order]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 9]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-Annual-Digest-ITAT-ITAT-Cases-ITAT-Benches-of-India-Income-Tax-Act-Rules-annual-round-up-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 9]")
AO's Share Capital/Premium Addition Invalid Due to Absence of Incriminating Evidence in Search: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) invalidated the addition made by the assessing officer for share capital/premium due to the absence of incriminating evidence found during...
![AOs Share Capital/Premium Addition Invalid Due to Absence of Incriminating Evidence in Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Pune-Incriminating-Evidence-AO-Taxscan.jpg "AOs Share Capital/Premium Addition Invalid Due to Absence of Incriminating Evidence in Search: ITAT [Read Order]")
ITAT allows Deduction on Investment made for Mosque constructed used for Religious purposes in Residential Property u/s 54F of Income Tax Act [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) has permitted a deduction for the investment made in the construction of a mosque utilized for religious purposes within a...
![ITAT allows Deduction on Investment made for Mosque constructed used for Religious purposes in Residential Property u/s 54F of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Hyderabad-Income-Tax-Income-Tax-deduction-for-mosque-construction-Deduction-TAXSCAN.jpg "ITAT allows Deduction on Investment made for Mosque constructed used for Religious purposes in Residential Property u/s 54F of Income Tax Act [Read Order]")
