![Kerala HC Disallows Deduction u/s 37 for Interest on Agricultural Income Tax Payment Delays [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108297-kerala-hc-deduction-agricultural-income-tax-payment-delays-taxscan.webp "Kerala HC Disallows Deduction u/s 37 for Interest on Agricultural Income Tax Payment Delays [Read Order]")
Kerala HC Disallows Deduction u/s 37 for Interest on Agricultural Income Tax Payment Delays [Read Order]
The Kerala High Court has dismissed an appeal ruling that interest paid on delayed Agricultural Income Tax (AIT) payments cannot be claimed as a ...
![Delhi HC Upholds ITAT Order Allowing Deduction of Goodwill License Fee u/s 37 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-ITAT-ITAT-Order-Goodwill-License-Taxscan.jpg "Delhi HC Upholds ITAT Order Allowing Deduction of Goodwill License Fee u/s 37 [Read Order]")
![Marketing Expenses are Revenue Expenditure u/s 37 of Income Tax Act: ITAT deletes ₹2.16 Cr Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Marketing-Expenses-Revenue-Expenditure-Income-Tax-Act-ITAT-ITAT-Mumbai-Revenue-taxscan.jpg "Marketing Expenses are Revenue Expenditure u/s 37 of Income Tax Act: ITAT deletes ₹2.16 Cr Disallowance [Read Order]")
![Disallowance of ₹3.07 Crores for Contingent Liabilities: ITAT Quashes as Expenses Not Claimed in P&L [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/TAT-Delhi-Income-Tax-Income-Tax-News-Taxscan.jpg "Disallowance of ₹3.07 Crores for Contingent Liabilities: ITAT Quashes as Expenses Not Claimed in P&L [Read Order]")
![ITAT deletes Rs. 38.18 Lakh Disallowance u/s 37, Cites Lack of Evidence for Cash Expenses and Small Impact on Turnover [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-deletes-Disallowance-Cites-Lack-of-Evidence-Cash-Expenses-Small-Impact-Turnover-taxscan.jpg "ITAT deletes Rs. 38.18 Lakh Disallowance u/s 37, Cites Lack of Evidence for Cash Expenses and Small Impact on Turnover [Read Order]")
AO incorrectly applied S. 37 on already disallowed Penalty: ITAT deletes Penalty to prevent Double Addition [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) deleted the penalty disallowance after the assessing officer (AO) incorrectly applied Section 37 of the Income Tax Act, 1961 to an amount...
![AO incorrectly applied S. 37 on already disallowed Penalty: ITAT deletes Penalty to prevent Double Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/AO-incorrectly-already-disallowed-Penalty-ITAT-Penalty-prevent-Double-Addition-taxscan.jpg "AO incorrectly applied S. 37 on already disallowed Penalty: ITAT deletes Penalty to prevent Double Addition [Read Order]")
Budget 2024-25: No Income Tax Deduction u/s 37 for Settlement Amount if Paid for any Violation of Law [Read Bill]
According to Section 37 of Income Tax Act any business expenditure, excluding the capital expenditure and the individuals personal expenses, that is spent entirely for the business operations shall...
ITAT Approves Rs. 4.41 Crore Deduction u/s 37 for R&D Unit Operations u/s 35(2)(AB) of Income Tax Act
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) granted deduction under Section 37 as Rs. 4.41 crore expenditure justified for Research and Development ( R&D ) unit operations under...
Loss out born from Sale of Govt Securities by Bank is Business Loss: ITAT allows Income Tax Deduction [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that loss out born from sale of govt securities by bank is business loss and allowed the income tax deduction is allowable under...
![Loss out born from Sale of Govt Securities by Bank is Business Loss: ITAT allows Income Tax Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Loss-Sale-of-Govt-Securities-Bank-Business-Loss-ITAT-Income-Tax-Deduction-taxscan.jpg "Loss out born from Sale of Govt Securities by Bank is Business Loss: ITAT allows Income Tax Deduction [Read Order]")
Commission Paid for Works Obtained and Sub Contracted Allowable as Business Expenditure u/s 37: ITAT [Read Order]
In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that commission paid for works obtained and works sub contracted is allowable as business expenditure under...
![Commission Paid for Works Obtained and Sub Contracted Allowable as Business Expenditure u/s 37: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Commission-Paid-for-Works-Business-Expenditure-Commission-Paid-for-Works-Obtained-and-Sub-Contracted-ITAT-taxscan.jpg "Commission Paid for Works Obtained and Sub Contracted Allowable as Business Expenditure u/s 37: ITAT [Read Order]")
Taxpayer Fails to Provide Detailed Expenditure of Rs. 35.2 lakhs Claimed as Business Promotion Expenses: ITAT Directs Re-adjudication [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has directed re-adjudication as the taxpayer failed to provide detailed expenditure of Rs. 35.2 lakhs claimed as business promotion...
![Taxpayer Fails to Provide Detailed Expenditure of Rs. 35.2 lakhs Claimed as Business Promotion Expenses: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Mumbai-Income-Tax-Business-Promotion-Expenses-TAXSCAN.jpg "Taxpayer Fails to Provide Detailed Expenditure of Rs. 35.2 lakhs Claimed as Business Promotion Expenses: ITAT Directs Re-adjudication [Read Order]")
ITAT upholds disallowance of ‘commission on sales’ for failure to demonstrate actual role played by Commission Agents in procuring sales [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench upheld the disallowance of commission on sales due to the failure to demonstrate the actual role played by the commission agents in procuring...
![ITAT upholds disallowance of ‘commission on sales’ for failure to demonstrate actual role played by Commission Agents in procuring sales [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-disallowance-commission-on-sales-failure-actual-role-played-by-commission-agents-commission-agents-sales-taxscan.jpg "ITAT upholds disallowance of ‘commission on sales’ for failure to demonstrate actual role played by Commission Agents in procuring sales [Read Order]")