![Trademark Registration Expenses to sell Products in Foreign Countries allowable as Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Trademark-Registration-Expenses-Products-Foreign-Countries-Business-Expenditure-ITAT-taxscan.jpg "Trademark Registration Expenses to sell Products in Foreign Countries allowable as Business Expenditure: ITAT [Read Order]")
Trademark Registration Expenses to sell Products in Foreign Countries allowable as Business Expenditure: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that trademark registration expenses to sell products in foreign countries are...
![Remuneration and Share Profits received from Partnership Firm are not eligible for Deduction u/s 80IB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Remuneration-Share-Profits-Partnership-Firm-Deduction-ITAT-Taxscan.jpg "Remuneration and Share Profits received from Partnership Firm are not eligible for Deduction u/s 80IB: ITAT [Read Order]")
![Co-operative Society providing Financial Accommodation to members without RBI License for Banking Business is eligible for Exemption u/s 80P(2)(a)(I): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Chennai-Co-operative-Society-Financial-Accommodation-members-RBI-License-Banking-Business-Exemption-ITAT-Taxscan.jpeg "Co-operative Society providing Financial Accommodation to members without RBI License for Banking Business is eligible for Exemption u/s 80P(2)(a)(I): ITAT [Read Order]")
![Cash Deposits out of Business of Shroff cannot be Treated as Undisclosed Income U/S 68: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Cash-Deposits-Business-Shroff-Undisclosed-Income-ITAT-Taxscan.jpg "Cash Deposits out of Business of Shroff cannot be Treated as Undisclosed Income U/S 68: ITAT [Read Order]")
![Interest on Enhanced Compensation for Land Acquisition: No Addition Even If TDS was Deducted, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Interest-Compensation-Land-Acquisition-TDS-ITAT-taxscan.jpg "Interest on Enhanced Compensation for Land Acquisition: No Addition Even If TDS was Deducted, rules ITAT [Read Order]")
![Deemed Dividend u/s 2(22)(e) not applicable on Non-Shareholders: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Deemed-dividend-applicable-Non-Shareholders-ITAT-Taxscan.jpg "Deemed Dividend u/s 2(22)(e) not applicable on Non-Shareholders: ITAT [Read Order]")
Software-related Services cannot be treated as FTS in the absence of Cogent Material: ITAT [Read Order]
The Delhi Bench, of the Income Tax Appellate Tribunal (ITAT), comprises sh. Pradip Kumar Kedia, AM and sh. Anubhav Sharma, JM has held that treating software-related services as FTS in the absence of...
![Software-related Services cannot be treated as FTS in the absence of Cogent Material: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Software-related-Services-FTS-Cogent-Material-sustainable-ITAT-Taxscan.jpg "Software-related Services cannot be treated as FTS in the absence of Cogent Material: ITAT [Read Order]")
Benefit not derived on Compulsory Afforestation done over Land not owned by Assessee: ITAT upholds deletion of Addition made on NPV [Read Order]
In a ruling in favour of Orissa Minning Corporation the Cuttack Bench, of the Income Tax Appellate Tribunal ( ITAT ), held that benefits were not derived from compulsory afforestation done on land...
![Benefit not derived on Compulsory Afforestation done over Land not owned by Assessee: ITAT upholds deletion of Addition made on NPV [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/afforestation-land-assessee-ITAT-NPV-Taxscan.jpeg "Benefit not derived on Compulsory Afforestation done over Land not owned by Assessee: ITAT upholds deletion of Addition made on NPV [Read Order]")
Warranty Expenses claimed under Provisional basis is not Unascertained Liability: ITAT sets aside Order disallowing Provisional Warranty Expenses [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench has held that warranty expenses claimed under a provisional basis are not an unascertained liability and set-asides order disallowing provisional...
![Warranty Expenses claimed under Provisional basis is not Unascertained Liability: ITAT sets aside Order disallowing Provisional Warranty Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Warranty-Expenses-Unascertained-Liability-ITAT-Provisional-Warranty-Expenses-Taxscan.jpg "Warranty Expenses claimed under Provisional basis is not Unascertained Liability: ITAT sets aside Order disallowing Provisional Warranty Expenses [Read Order]")
Discount on Issue of ESOP Deductible from Business Income: ITAT grants Relief to Morgan Stanley [Read Order]
In a major relief to Morgan Stanley Advantage Services Pvt. Ltd, a division bench of the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri Kuldip Singh, Judicial Member and...
![Discount on Issue of ESOP Deductible from Business Income: ITAT grants Relief to Morgan Stanley [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Discount-ESOP-Business-Income-ITAT-Morgan-Stanley-taxscan.jpg "Discount on Issue of ESOP Deductible from Business Income: ITAT grants Relief to Morgan Stanley [Read Order]")
![Addition of Unaccounted Sales is not sustained in absence of Cogent Material: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/unaccounted-sales-cogent-material-ITAT-taxscan.jpg "Addition of Unaccounted Sales is not sustained in absence of Cogent Material: ITAT [Read Order]")
![Mere Disallowance of Claim u/s 54F will not attract Penalty u/s 271(1)(c): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Disallowance-Claim-AttractPenalty-ITAT-taxscan.jpeg "Mere Disallowance of Claim u/s 54F will not attract Penalty u/s 271(1)(c): ITAT [Read Order]")