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![Disallowance of ₹16.84 Lakhs as LC Discounting Charges u/s 36(1)(iii): ITAT Finds Addition Unjustified [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-LC-Discounting-Charges-Section-361iii-of-Income-Tax-Act-Disallowance-of-money-taxscan.jpg "Disallowance of ₹16.84 Lakhs as LC Discounting Charges u/s 36(1)(iii): ITAT Finds Addition Unjustified [Read Order]")
Disallowance of ₹16.84 Lakhs as LC Discounting Charges u/s 36(1)(iii): ITAT Finds Addition Unjustified [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) found the addition of ₹16.84 Lakhs as LC discounting charges under Section 36(1)(iii)...
![Depository Charges should not be Disallowed u/s 14A r.w.r. 8D(2)(i) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Depository-Charges-Depository-Income-Tax-Act-Income-Tax-Tax-income-tax-news-taxscan.jpg "Depository Charges should not be Disallowed u/s 14A r.w.r. 8D(2)(i) of Income Tax Act: ITAT [Read Order]")
![ITAT quashes Addition by AO towards Business Loss on ground of Absence of Speculation Loss of Share Capital Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-Addition-AO-Business-Loss-Speculation-Loss-Share-Capital-taxscan.jpg "ITAT quashes Addition by AO towards Business Loss on ground of Absence of Speculation Loss of Share Capital Income [Read Order]")
![Determination of ALP of Professional Fee should not be carried out by AO in a case where reference is not made to TPO: ITAT Deletes Addition towards transfer pricing adjustment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Determination-of-ALP-Professional-Fee-AO-TPO-ITAT-Addition-transfer-pricing-adjustment-taxscan.jpg "Determination of ALP of Professional Fee should not be carried out by AO in a case where reference is not made to TPO: ITAT Deletes Addition towards transfer pricing adjustment [Read Order]")
![Business Advances made without Interest to Indian and Foreign Subsidiaries can’t be Disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Business-Advances-Taxscan.jpg "Business Advances made without Interest to Indian and Foreign Subsidiaries can’t be Disallowed: ITAT [Read Order]")