![STPI Unit Losses Form Part of Total Income: Madras HC allows Set-Off u/s 10A/10B of IT Act against other Profits [Read Order]](https://images.taxscan.in/h-upload/2025/12/03/500x300_2109845-stpi-total-income-madras-hc-it-act-profits-taxscan.webp "STPI Unit Losses Form Part of Total Income: Madras HC allows Set-Off u/s 10A/10B of IT Act against other Profits [Read Order]")
STPI Unit Losses Form Part of Total Income: Madras HC allows Set-Off u/s 10A/10B of IT Act against other Profits [Read Order]
The Madras High Court in a recent case of Cognizant Technology Solutions India Pvt. Ltd has ruled that losses incurred by Software Technology Parks...
![Income Tax Rules Amendment: CBDT Fixes ₹4 Lakh Salary and ₹8 Lakh Gross Income Thresholds [Read Notification]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078208-cbdt-salary-income-tax-rules-taxscan.webp "Income Tax Rules Amendment: CBDT Fixes ₹4 Lakh Salary and ₹8 Lakh Gross Income Thresholds [Read Notification]")
![CIT(A) disallows ₹1.41 Crore u/s 54F for Additional Residential Property: ITAT Remands Matter Clarifying Commercial Properties Ownership [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CIT-ITAT-Remands-Matter-ITAT-Remands-Matter-Clarifying-Commercial-Properties-Ownership-Income-Tax-Appellate-Tribunal-income-tax-return-declaring-assessing-officer-Commissioner-of-Income-Tax-Taxscan.jpg "CIT(A) disallows ₹1.41 Crore u/s 54F for Additional Residential Property: ITAT Remands Matter Clarifying Commercial Properties Ownership [Read Order]")
![Salary paid by Indian Company to Non-Resident for service rendered outside India is not Taxable in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Salary-Salary-paid-by-Indian-Company-to-Non-Resident-Indian-Company-ITAT-taxscan.jpg "Salary paid by Indian Company to Non-Resident for service rendered outside India is not Taxable in India: ITAT [Read Order]")
![Inadvertent Mistake due to Typographical Error in Calculating Total Income: ITAT Set Aside Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Inadvertent-Mistake-Mistake-Typographical-Error-Total-Income-Income-ITAT-Revision-Order-ITAT-Set-Aside-Revision-Order-taxscan.jpg "Inadvertent Mistake due to Typographical Error in Calculating Total Income: ITAT Set Aside Revision Order [Read Order]")
![Firm liable for Levy of Surcharge Only When Total Income Exceeds One Crore Rupees: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Levy-of-Surcharge-Total-Income-ITAT-Surcharge-Income-Taxscan.jpg "Firm liable for Levy of Surcharge Only When Total Income Exceeds One Crore Rupees: ITAT [Read Order]")
Arrangement b/w Husband and Wife without Real Money Exchange not amount to Unexplained Investment u/s. 69: ITAT [Read Order]
The Vishkhapatanam bench of the Income Tax Appellate Tribunal (ITAT) has held that a mere arrangement between a husband and wife without real money exchange cannot be doubted as an unexplained...
![Arrangement b/w Husband and Wife without Real Money Exchange not amount to Unexplained Investment u/s. 69: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Arrangement-Husband-and-Wife-Real-Money-Exchange-Unexplained-Investment-ITAT-Taxscan.jpg "Arrangement b/w Husband and Wife without Real Money Exchange not amount to Unexplained Investment u/s. 69: ITAT [Read Order]")
Relief to Fenner India: Royalty Income not relatable to Export Business excludable from Business Profit u/s 80HHC, rules Madras HC [Read Order]
The division bench of Madras High Court presided by Mr. Justice R. Mahadevan and Mr. Justice J. Sathya Narayana Prasad has upheld the exclusion of royalty income from business profits for calculation...
![Relief to Fenner India: Royalty Income not relatable to Export Business excludable from Business Profit u/s 80HHC, rules Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Export-Business-Madras-HC-Royalty-Income-Business-Profits-Deduction-Taxscan.jpeg "Relief to Fenner India: Royalty Income not relatable to Export Business excludable from Business Profit u/s 80HHC, rules Madras HC [Read Order]")
Addition of Part of Cash Deposit to Total Income on Surmises and Conjectures: ITAT upholds deletion of Addition u/s 69A [Read Order]
The Income Tax Appellate Tribunal, Chandigarh Bench has held that addition of part of cash deposit to total Income on surmises and conjectures and upholds the deletion of addition u/s 69A. ...
![Addition of Part of Cash Deposit to Total Income on Surmises and Conjectures: ITAT upholds deletion of Addition u/s 69A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Addition-Cash-Deposit-Total-Income-ITAT-taxscan.jpeg "Addition of Part of Cash Deposit to Total Income on Surmises and Conjectures: ITAT upholds deletion of Addition u/s 69A [Read Order]")
Amount once included and Taxed from Partner can’t be added to Taxable Income of Firm: ITAT [Read Order]
In a significant ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that amount once included and taxed by a partner can’t be added to the taxable income of the firm. ...
![Amount once included and Taxed from Partner can’t be added to Taxable Income of Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Amount-taxable-income-ITAT-taxscan.jpeg "Amount once included and Taxed from Partner can’t be added to Taxable Income of Firm: ITAT [Read Order]")
Addition made on Undisclosed Income sustained in the Absence of Contrary Evidence: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) comprising Shri Waseem Ahmed, accountant member and Shri Siddhartha Nautiyal, Judicial member has held that addition made on undisclosed...
![Addition made on Undisclosed Income sustained in the Absence of Contrary Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/undisclosed-income-contrary-evidence-ITAT-Taxscan.jpg "Addition made on Undisclosed Income sustained in the Absence of Contrary Evidence: ITAT [Read Order]")
Reimbursement of Expenses in the usage of Third-party Software without any Mark-up is not liable for TDS: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore has held that the reimbursement of expenses in the usage of third-party software without any markup is not liable for TDS, and provision under...
![Reimbursement of Expenses in the usage of Third-party Software without any Mark-up is not liable for TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Reimbursement-expenses-Third-party-Software-mark-up-liable-TDS-ITAT-Taxscan.jpg "Reimbursement of Expenses in the usage of Third-party Software without any Mark-up is not liable for TDS: ITAT [Read Order]")