ITAT directs AO to delete disallowance of salary paid overseas to expatriates of the MUFG Bank working in India by HO under India-Japan Tax Treaty
The Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) to delete the disallowance of salary paid overseas to expatriates of the...
![Income received during negotiation for Transfer of Capital Asset as ‘Other Income’, Usage of Fund can’t be a Reason to impose Tax Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Tax-Liability-Usage-Fund-Income-impose-Tax-Liability-Capital-Asset-Other-Income-Taxscan.jpg "Income received during negotiation for Transfer of Capital Asset as ‘Other Income’, Usage of Fund can’t be a Reason to impose Tax Liability: ITAT [Read Order]")
![No disallowance of non-deduction of TDS for expenses incurred on trade offers provided to distributors: ITAT grants relief to Nokia [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Delhi-disallowance-non-deduction-TDS-expenses-incurred-trade-offers-distributors-ITAT-grants-Nokia-India-Taxscan.jpg "No disallowance of non-deduction of TDS for expenses incurred on trade offers provided to distributors: ITAT grants relief to Nokia [Read Order]")
![Income received for Sale of specialized Software and Maintenance and Support Services is not ‘Royalty’ as per India-Finland Tax Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Income-Sale-specialized-Software-Maintenance-Support-Services-Royalty-India-Finland-Tax-Treaty-ITAT-Taxscan.jpg "Income received for Sale of specialized Software and Maintenance and Support Services is not ‘Royalty’ as per India-Finland Tax Treaty: ITAT [Read Order]")
![Acer India can’t be fastened with liability to TDS retrospectively in respect of payments made for purchase of Licensed Software: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Acer-India-liability-TDS-Licensed-Software-payments-Purchase-Taxscan.jpeg "Acer India can’t be fastened with liability to TDS retrospectively in respect of payments made for purchase of Licensed Software: ITAT [Read Order]")
Disallowance of Depreciation on Software can’t be made: ITAT grants relief to Wipro [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench while directing the AO to delete the disallowance held that disallowance of depreciation on Software can not be made under section 40(a)(ia)...
![Disallowance of Depreciation on Software can’t be made: ITAT grants relief to Wipro [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/disallowance-depreciation-ITAT-Software-Wipro-Taxscan.jpg "Disallowance of Depreciation on Software can’t be made: ITAT grants relief to Wipro [Read Order]")
Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur Bench held that income already disclosed under Pradhan Mantri Garib Kalyan Yojana (PMGKY), 2016 can not be treated as unexplained income under section...
![Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Pradhan-Mantri-Garib-Kalyan-Yojana-income-unexplained-income-Taxscan.jpg "Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order]")
ITAT allows the dispute to be withdrawn in respect of the grounds challenging the Transfer Pricing addition due to APA [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench allows the dispute to be withdrawn in respect of the grounds challenging the Transfer Pricing (TP) addition due to Unilateral Advance...
![ITAT allows the dispute to be withdrawn in respect of the grounds challenging the Transfer Pricing addition due to APA [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-grounds-challenging-Transfer-Pricing-Taxscan.jpg "ITAT allows the dispute to be withdrawn in respect of the grounds challenging the Transfer Pricing addition due to APA [Read Order]")
Assessment Order can’t erroneous merely for reason that PCIT doesn’t agree with view taken by AO: ITAT grants relief to Tata Housing
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that the Assessment order sought to be revised does not suffer from error merely for the reason that PCIT does not agree with one of the...
ITAT allows the Deduction of Rs. 1.78 Billion on Profit and Gains in development of SEZ to DLF Limited [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench allowed the deduction of Rs. 1.78 Billion in respect of profit and gains in the development of the Special Economic Zone (SEZ) under section...
![ITAT allows the Deduction of Rs. 1.78 Billion on Profit and Gains in development of SEZ to DLF Limited [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/DLF-development-SEZ-ITAT-Taxscan.jpg "ITAT allows the Deduction of Rs. 1.78 Billion on Profit and Gains in development of SEZ to DLF Limited [Read Order]")
ITAT allows Deduction to Cafe Coffee Day on belated payment of Employee’s contribution to PF [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench while upholding the order passed by the CIT(A) allowed the deduction to the assessee, Cafe Coffee Day in respect of belated payment of...
![ITAT allows Deduction to Cafe Coffee Day on belated payment of Employee’s contribution to PF [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Cafe-Coffee-Day-Taxscan.jpg "ITAT allows Deduction to Cafe Coffee Day on belated payment of Employee’s contribution to PF [Read Order]")
![Assessee entitled for claim of Interest paid on Borrowed Capital: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-assessee-Interest-Taxscan.jpg "Assessee entitled for claim of Interest paid on Borrowed Capital: ITAT deletes Addition [Read Order]")