![ÂÂRoyalty Expenditure is Revenue in Nature, Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Royalty-Expenditure-Revenue-Taxable-ITAT-TAXSCAN.jpg "ÂÂRoyalty Expenditure is Revenue in Nature, Taxable: ITAT [Read Order]")
ÂÂRoyalty Expenditure is Revenue in Nature, Taxable: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has recently while dismissing an appeal filed before it by the Revenue Department, held...
![Penalty u/s 271 (1) (c)cannot be imposed for Unsustainable Claims: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-imposed-unsustainable-claims-ITAT-TAXSCAN.jpeg "Penalty u/s 271 (1) (c)cannot be imposed for Unsustainable Claims: ITAT [Read Order]")
![Interest Paid on Delayed TDS Payment is allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Interest-Paid-TDS-Payment-Deduction-ITAT-TAXSCAN.jpeg "Interest Paid on Delayed TDS Payment is allowable as Deduction: ITAT [Read Order]")
![No Fresh Addition can be made for Assessment already Completed after Proper Enquiry on absence of Incriminating Material: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/addition-assessment-proper-enquiry-incriminating-material-ITAT-TAXSCAN.jpg "No Fresh Addition can be made for Assessment already Completed after Proper Enquiry on absence of Incriminating Material: ITAT [Read Order]")
![Assessee entitled to 80G Deduction on Donations made towards Chief Minister KanyaKelvaniNidhi : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Assessee-Deduction-Donations-Towards-ITAT-TAXSCAN.jpg "Assessee entitled to 80G Deduction on Donations made towards Chief Minister KanyaKelvaniNidhi : ITAT [Read Order]")
Disallowance on account of TDS payable not sustained When Assessee has Shown Expenditure in his Accounts: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) New Delhi has held that disallowance on account of TDS payable is not sustained when the assessee has shown the expenditure in his account. The assessee,...
![Disallowance on account of TDS payable not sustained When Assessee has Shown Expenditure in his Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Disallowance-TDS-Assessee-Expenditure-ITAT-TAXSCAN.jpeg "Disallowance on account of TDS payable not sustained When Assessee has Shown Expenditure in his Accounts: ITAT [Read Order]")
![ITAT directs to Re-Consider Warranty Claim by MRF Tyres [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/ITAT-Re-Consider-Warranty-Claim-MRF-Tyres-TAXSCAN.jpg "ITAT directs to Re-Consider Warranty Claim by MRF Tyres [Read Order]")
Claim of Deduction on Compensation Paid for Settlement of Encroachment on Property not allowable as Business Expenditure without Evidence: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) New Delhi held that the claim of deduction basedoncompensation paid for settlement of encroachment on the property is not allowable as business expenditure in...
![Claim of Deduction on Compensation Paid for Settlement of Encroachment on Property not allowable as Business Expenditure without Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Claim-of-Deduction-Compensation-Settlement-Encroachment-Property-Business-Expenditure-ITAT-TAXSCAN.jpeg "Claim of Deduction on Compensation Paid for Settlement of Encroachment on Property not allowable as Business Expenditure without Evidence: ITAT [Read Order]")
![Demand of Late Fee u/s. 234E on TDS Default before 01/06/2015 not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Demand-of-Late-Fee-TDS-sustainable-ITAT-TAXSCAN.jpg "Demand of Late Fee u/s. 234E on TDS Default before 01/06/2015 not sustainable: ITAT [Read Order]")
No Disallowance of Expenses on basis of Lack of Business Activity or Non-Reporting Income under PGBP: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that no disallowance of expenses on basis of lack of business activity or non-reporting income under Profit and gains of business or...
![No Disallowance of Expenses on basis of Lack of Business Activity or Non-Reporting Income under PGBP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Disallowance-Expenses-Business-Activity-Income-PGBP-ITAT-taxscan.jpg "No Disallowance of Expenses on basis of Lack of Business Activity or Non-Reporting Income under PGBP: ITAT [Read Order]")
Failure to file Form No.10B Electronically: ITAT upholds Denial of Exemption claimed u/s 11 and 12 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has up held the denial of exemption claimed under sections 11 and 12 since failure to file Form No.10B electronically. The appellant, Shri...
![Failure to file Form No.10B Electronically: ITAT upholds Denial of Exemption claimed u/s 11 and 12 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Form-No.10B-ITAT-claim-taxscan.jpeg "Failure to file Form No.10B Electronically: ITAT upholds Denial of Exemption claimed u/s 11 and 12 [Read Order]")
![Failure in Submission of Form-10CCB: ITAT confirms Income Tax Deduction u/s 80IB [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Form-10CCB-ITAT-deduction-us-80IB-taxscan.jpeg "Failure in Submission of Form-10CCB: ITAT confirms Income Tax Deduction u/s 80IB [Read Order]")