![Income from Staff Loans and Misc. Income directly related to Business is Deemed Business Income, not Income from other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Ahmedabad-Income-Tax-business-income-business-income-classification-Income-from-staff-loans-TAXSCAN.jpg "Income from Staff Loans and Misc. Income directly related to Business is Deemed Business Income, not Income from other Sources: ITAT [Read Order]")
Income from Staff Loans and Misc. Income directly related to Business is Deemed 'Business Income, not Income from other Sources: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decision to classify Rs....
![Second Chance to Shilp Gravures Ltd: ITAT Remands Matter Back to CIT(A) for Non-Examination of Facts of Deduction Claim u/s 80IA [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/TAT-ITAT-Ahmedabad-Shilp-Gravures-Ltd-ITAT-Remands-Matter-Back-to-CITA-Non-Examination-TAXSCAN.jpg "Second Chance to Shilp Gravures Ltd: ITAT Remands Matter Back to CIT(A) for Non-Examination of Facts of Deduction Claim u/s 80IA [Read Order]")
![Cash Sales Evidence not Produced to Prove genuineness of Cash Deposit Made During Demonetisation Period: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-directs-Adjudication-Cash-Sales-Fresh-Adjudication-Cash-Deposit-Commissioner-of-Income-Tax-Commissioner-of-Income-Tax-Appeals-taxscan.webp "Cash Sales Evidence not Produced to Prove genuineness of Cash Deposit Made During Demonetisation Period: ITAT directs Fresh Adjudication [Read Order]")
![ITAT sets aside PCITs Revision Order for Failing to provide Adequate Hearing Opportunity and ignoring Submissions of Taxpayer [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Ahmedabad-PCIT-PCIT-Revision-Order-Income-Tax-Appellate-Tribunal-Taxpayer-Submissions-taxscan.jpg "ITAT sets aside PCITs Revision Order for Failing to provide Adequate Hearing Opportunity and ignoring Submissions of Taxpayer [Read Order]")
![ITAT allows Deduction u/s 80P(2)(d) for Interest on Deposits with Co-operative Banks, Condones 9 Days Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Ahmedabad-ITAT-allows-Deduction-under-Section-80P2d-Income-Tax-Appellate-Tribunal-Co-operative-Banks-Taxscan.jpg "ITAT allows Deduction u/s 80P(2)(d) for Interest on Deposits with Co-operative Banks, Condones 9 Days Delay [Read Order]")
![Deficient Appeal Fee would result in Defective Appeal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Deficient-Appeal-Fee-Defective-Appeal-ITAT-TAXSCAN.jpg "Deficient Appeal Fee would result in Defective Appeal: ITAT [Read Order]")
Addition can't be deleted in absence of Incriminating Material showing the Purchase of Furniture and Fixtures including Decoration: ITAT [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT) of Varanasi Bench has held that an addition can't be deleted in absence of incriminating material showing the purchase of furniture...
![Addition cant be deleted in absence of Incriminating Material showing the Purchase of Furniture and Fixtures including Decoration: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Addition-Incriminating-Material-Furniture-and-Fixtures-ITAT-TAXSCAN.jpg "Addition cant be deleted in absence of Incriminating Material showing the Purchase of Furniture and Fixtures including Decoration: ITAT [Read Order]")
ITAT restores issue back to AO for fresh adjudication of deduction of TDS on payments made towards Suspense Service Expenses, Rent
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench stores issue back to AO for denovo adjudication concerning the deduction of TDS on payments made towards Suspense Service Expenses and Rent. ...
Nazareth Hospital Society case: ITAT finds Educational Donation ultra vires to Trust objective, rules non-eligibility for exemption u/s 11(1)(a) [Read Order]
The Income Tax Appellate Tribunal (ITAT) Allahabad has ruled that donations by a charitable trust to educational activities will not be eligible for exemptions under section 11(1)(a) of the Income...
![Nazareth Hospital Society case: ITAT finds Educational Donation ultra vires to Trust objective, rules non-eligibility for exemption u/s 11(1)(a) [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Nazareth-Hospital-Society-ITAT-Educational-Donation-Trust-objective-exemption-Taxscan.jpg "Nazareth Hospital Society case: ITAT finds Educational Donation ultra vires to Trust objective, rules non-eligibility for exemption u/s 11(1)(a) [Read Order]")
Interest Income linked with Power Plant set up is Capital Receipt, can’t be Taxed: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench held that the no tax is applicable on the interest income linked with the power plant set up as it is capital receipt. The assessee, M/s...
![Interest Income linked with Power Plant set up is Capital Receipt, can’t be Taxed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Interest-income-power-plant-capital-receipt-ITAT-Taxscan.jpg "Interest Income linked with Power Plant set up is Capital Receipt, can’t be Taxed: ITAT [Read Order]")
ITAT Recalls Order passed beyond 90 Days from the Date of Hearing; Sets date for Fresh hearing [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) in Cromption Greaves Limited vs. CIT recalled an order of the Tribunal which was passed beyond the period of 90 days from the date of...
![ITAT Recalls Order passed beyond 90 Days from the Date of Hearing; Sets date for Fresh hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/ITAT-Taxscan.jpg "ITAT Recalls Order passed beyond 90 Days from the Date of Hearing; Sets date for Fresh hearing [Read Order]")
![Right of Cross-Examination is not Absolute: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Service-Tax-Taxscan.jpg "Right of Cross-Examination is not Absolute: ITAT [Read Order]")