![Interest paid on loans borrowed for real estate and finance business is allowable as deduction: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-loan-interest-Real-estate-business-tax-Tax-deductions-in-business-Tax-news-Business-loans-interest-taxscan.jpg "Interest paid on loans borrowed for real estate and finance business is allowable as deduction: ITAT deletes Disallowance [Read Order]")
Interest paid on loans borrowed for real estate and finance business is allowable as deduction: ITAT deletes Disallowance [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) while deleting the disallowance made by the assessing officer towards the interest expenses...
![No justification for disallowance on Ad Hoc basis, without pointing out any deficiency in books in nature of business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/No-justification-disallowance-Ad-Hoc-without-pointing-deficiency-books-nature-of-business-ITAT-taxscan.jpg "No justification for disallowance on Ad Hoc basis, without pointing out any deficiency in books in nature of business: ITAT [Read Order]")
![Income Tax addition upheld without Application of Mind: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Delhi-Income-Tax-Income-Tax-Addition-Upheld-taxscan.jpg "Income Tax addition upheld without Application of Mind: ITAT deletes Addition [Read Order]")
![ITAT Resolves Boeing Indias transfer Pricing battle: Clears INR 21,52,899 adjustment on grounds of Operational Inactivity and BCIL Merger [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Boeing-India-Boeing-India-Transfer-pricing-ITAT-Income-Tax-Boeing-Corporation-India-ITAT-on-Boeing-India-taxscan.jpg "ITAT Resolves Boeing Indias transfer Pricing battle: Clears INR 21,52,899 adjustment on grounds of Operational Inactivity and BCIL Merger [Read Order]")
TDS u/s 194 C Deduction on Common Maintenance Charges:Â ITAT Accepts Additional Evidence [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has accepted additional evidence regarding Tax Deducted at Source ( TDS ) under Section 194C of Income Tax Act, 1961, deduction on common...
![TDS u/s 194 C Deduction on Common Maintenance Charges:Â ITAT Accepts Additional Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-delhi-Income-tax-Common-maintenance-charges-TDS-Maintenance-Charges-taxscan.jpg "TDS u/s 194 C Deduction on Common Maintenance Charges:Â ITAT Accepts Additional Evidence [Read Order]")
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Notice for continuing assessment proceedings of deceased person issued on Individual name instead of HUF: ITAT directs re adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, while directing readjudication, observed that the notice for continuing assessment proceedings of deceased persons was issued in the individual...
![Notice for continuing assessment proceedings of deceased person issued on Individual name instead of HUF: ITAT directs re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/itat-delhi-Deceased-person-tax-assessment-Continuing-assessment-of-a-deceased-person-HUF-assessment-proceedings-Taxscan.jpg "Notice for continuing assessment proceedings of deceased person issued on Individual name instead of HUF: ITAT directs re adjudication [Read Order]")
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![ITAT Annual Digest 2023 [Part-13]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-cases-2023-Annual-tax-analysis-Tax-tribunal-updates-Income-tax-appeals-ITAT-decisions-2023-ITAT-cases-taxscan.jpg "ITAT Annual Digest 2023 [Part-13]")
Agricultural Land purchased in Name of Wife Eligible for Capital Gain Deduction u/s 54B of Income Tax Act: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the agricultural land purchased in the name of the wife is eligible for capital gain deduction under Section 54B of the Income...
![Agricultural Land purchased in Name of Wife Eligible for Capital Gain Deduction u/s 54B of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Agricultural-Land-purchase-Land-purchased-in-name-of-wife-Capital-Gain-Deduction-Agricultural-Land-Eligiblity-for-Capital-Gain-Deduction-taxscan.jpg "Agricultural Land purchased in Name of Wife Eligible for Capital Gain Deduction u/s 54B of Income Tax Act: ITAT [Read Order]")