![ITAT allows Deduction u/s 80IA to a Developer paid by Government [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-Deduction-80IA-developer-Government-Taxscan.jpg "ITAT allows Deduction u/s 80IA to a Developer paid by Government [Read Order]")
ITAT allows Deduction u/s 80IA to a Developer paid by Government [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench allowed the deduction under section 80IA to a developer paid by Government. The assessee...
![Excess Expenditure incurred by Trust in earlier Assessment Year could be allowed to be set off against Income of subsequent years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/expenditure-trust-assessment-year-income-of-subsequent-years-ITAT-Taxscan.jpg "Excess Expenditure incurred by Trust in earlier Assessment Year could be allowed to be set off against Income of subsequent years: ITAT [Read Order]")
![No Retrospective Effect of Deduction u/s 54 restricted to only one Residential House by the Finance Act 2014: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Deduction-residential-house-Finance-Act-ITAT-Taxscan.jpeg "No Retrospective Effect of Deduction u/s 54 restricted to only one Residential House by the Finance Act 2014: ITAT [Read Order]")
![ITAT deletes disallowance on Medical Insurance Premium provided to Family Members of the Employees [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-disallowance-medical-insurance-premium-family-members-employees-Taxscan.jpeg "ITAT deletes disallowance on Medical Insurance Premium provided to Family Members of the Employees [Read Order]")
![Gujarat HC allows re-opening of assessment as there was enough material before AO [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Re-Assessment-Information-from-Investigation-Jurisdiction-Gujarat-High-Court-Taxscan.jpg "Gujarat HC allows re-opening of assessment as there was enough material before AO [Read Judgment]")
![ITAT deletes Capital Gain brought to tax under 50C [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-Capital-Gain-Tax-50C-Taxscan.jpg "ITAT deletes Capital Gain brought to tax under 50C [Read Order]")
![ITAT deletes Addition of Rs.24.35 Cr on account of Unexplained Cash Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-Unexplained-Cash-Credit-Taxscan.jpg "ITAT deletes Addition of Rs.24.35 Cr on account of Unexplained Cash Credit [Read Order]")
Relief to NLC: Simpliciter Interest received for delay in payment can’t be considered as Income generated from Business Operations, eligible for Deduction, says ITAT
The Income Tax Appellate Tribunal (ITAT), Chennai Bench held that simpliciter interest received for delay in payment cannot be considered as income generated from business operations, eligible for...
Relief to IDBI Bank: ITAT deletes disallowance on Expenditure incurred in relation to Income not includible in Total Income [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, while granting relief to the IDBI Bank deleted the disallowance on expenditure incurred in relation to income not includible in total income. ...
![Relief to IDBI Bank: ITAT deletes disallowance on Expenditure incurred in relation to Income not includible in Total Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/IDBI-Bank-ITAT-disallowance-expenditure-income-total-income-Taxscan.jpg "Relief to IDBI Bank: ITAT deletes disallowance on Expenditure incurred in relation to Income not includible in Total Income [Read Order]")
Internal financial arrangements to Fund Expenditure can’t disentitle assessee to claim Employee benefit expenses, Depreciation: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that internal financial arrangements to fund expenditure can not disentitle assessee to claim employee benefit expenses and...
![Internal financial arrangements to Fund Expenditure can’t disentitle assessee to claim Employee benefit expenses, Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Internal-financial-arrangements-fund-expenditure-assessee-employee-benefit-expenses-depreciation-ITAT-Taxscan.jpg "Internal financial arrangements to Fund Expenditure can’t disentitle assessee to claim Employee benefit expenses, Depreciation: ITAT [Read Order]")
![Interests from FDRs not to be assessed under Income from Other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Interests-FDRs-Income-from-other-sources-ITAT-Delhi-Taxscan.jpg "Interests from FDRs not to be assessed under Income from Other Sources: ITAT [Read Order]")
Karnataka High Court deletes disallowance made on Expenditure incurred from Income not includible in Total Income [Read Judgment]
The Karnataka High Court deleted disallowance made in respect of Expenditure incurred from income not includible in total income under Section 14A of Income Tax Act. The assessee, Hindustan...
![Karnataka High Court deletes disallowance made on Expenditure incurred from Income not includible in Total Income [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/01/Karnataka-High-Court-disallowance-Expenditure-income-Taxscan.jpg "Karnataka High Court deletes disallowance made on Expenditure incurred from Income not includible in Total Income [Read Judgment]")