![ITAT allows deduction u/s 10AA of Income Tax Act in respect of profits derived by Unit from re-export of goods imported [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-deduction-us-10AA-of-Income-Tax-Act-profits-Unit-from-re-export-of-goods-imported-TAXSCAN.jpg "ITAT allows deduction u/s 10AA of Income Tax Act in respect of profits derived by Unit from re-export of goods imported [Read Order]")
ITAT allows deduction u/s 10AA of Income Tax Act in respect of profits derived by Unit from re-export of goods imported [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) allowed deduction claimed under Section 10AA of Income Tax Act, 1961 in respect of...
![Allegation Bogus Purchase: ITAT confirms Gross profit at 12 .5% as Sales are not Disputed [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Allegation-Bogus-Purchase-ITAT-ITAT-mumbai-Income-Tax-taxscan.jpg "Allegation Bogus Purchase: ITAT confirms Gross profit at 12 .5% as Sales are not Disputed [Read Order]")
![ITAT allows deduction claimed u/s 54F of Income Tax Act with respect all apartment units received pursuant to JDA [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-bangalore-Joint-Development-Agreement-tax-updates-taxscan.jpg "ITAT allows deduction claimed u/s 54F of Income Tax Act with respect all apartment units received pursuant to JDA [Read Order]")
![No addition warranted u/s 56(2)(viib) of Income Tax Act as difference between issue Price and Value Adopt by AO is Minuscule [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Delhi-Income-Tax-Act-Assessing-officer-tax-updates-taxscan.jpg "No addition warranted u/s 56(2)(viib) of Income Tax Act as difference between issue Price and Value Adopt by AO is Minuscule [Read Order]")
![Interest Income from Co-operative Banks to be considered for Deduction u/s 80P(2)(d) of Income Tax Act: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Bangalore-Tax-news-I-ncome-Tax-Deduction-Taxscan.jpg "Interest Income from Co-operative Banks to be considered for Deduction u/s 80P(2)(d) of Income Tax Act: ITAT allows Appeal [Read Order]")
ITAT upholds Deletion of E-stamp Duty Expense Addition for Dish Infra Services' NCD Issuance [Read Order]
The Two member bench of Delhi Income Tax Appellate Tribunal (ITAT) upheld the deletion of addition made on account of expenditure incurred on e-stamp duty expenses paid towards Non-Convertible...
![ITAT upholds Deletion of E-stamp Duty Expense Addition for Dish Infra Services NCD Issuance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/E-stamp-Duty-Expense-Dish-Infra-Services-ITAT-delhi-income-tax-updates-taxscan.jpg "ITAT upholds Deletion of E-stamp Duty Expense Addition for Dish Infra Services NCD Issuance [Read Order]")
Non Submission of PAN and confirmation of parties regarding advances received for Dish Installation: ITAT upholds Addition [Read Order]
The Two member bench of Delhi Income Tax Appellate Tribunal (ITAT) upheld the addition made on account of non submission of PAN and confirmation of parties regarding the advances received for Dish...
![Non Submission of PAN and confirmation of parties regarding advances received for Dish Installation: ITAT upholds Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/48945e5b-3815-4f21-8f1d-29fd971d7ecf.jpg "Non Submission of PAN and confirmation of parties regarding advances received for Dish Installation: ITAT upholds Addition [Read Order]")
ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]
The Two member bench of Mumbai Income Tax Appellate Tribunal ( ITAT ) directs readjudication for determining the municipal rateable value of the flats held as stock in trade The Assessee, La...
![ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Mumbai-readjudication-ITAT-Updating-taxscan.jpg "ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]")
![Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Delay-of-726-Days-ITAT-Appeal-taxscan.jpg "Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]")
ITAT Directs Readjudication with respect to Interest paid to Related Persons and Family Members for Availing of Unsecured Loans [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) recently directed readjudication with respect to interest paid to the related persons and family members for availing of unsecured loans. ...
![ITAT Directs Readjudication with respect to Interest paid to Related Persons and Family Members for Availing of Unsecured Loans [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Readjudication-Interest-paid-Unsecured-Loans-TAXSCAN.jpg "ITAT Directs Readjudication with respect to Interest paid to Related Persons and Family Members for Availing of Unsecured Loans [Read Order]")
![ITAT allows Bad Debts claimed u/s 36(1)(vii) in respect of Identified Debts [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Bad-Debts-Identified-Debts-ITAT-allows-Bad-Debts-claimed-itat-delhi-taxscan.jpg "ITAT allows Bad Debts claimed u/s 36(1)(vii) in respect of Identified Debts [Read Order]")
Purchase and Sale of Shares Transactions cannot be considered bogus when Documentary Evidence Genuinely Established : ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT)  recently ruled that purchase and sale of shares transactions could not be considered bogus when documentary evidence genuinely...
![Purchase and Sale of Shares Transactions cannot be considered bogus when Documentary Evidence Genuinely Established : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Purchase-Purchase-and-Sale-of-Shares-Transactions-bogus-Documentary-Evidence-taxscan.jpg "Purchase and Sale of Shares Transactions cannot be considered bogus when Documentary Evidence Genuinely Established : ITAT [Read Order]")