![Denial of Claim of Deduction u/s 80 of Income Tax Act without stating Reason: Kerala HC directs to Stay Recovery Till Finalisation of Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Denial-of-Claim-of-Deduction-us-80-of-Income-Tax-Act-Kerala-HC-Recovery-Till-Finalisation-of-Appeal-TAXSCAN.jpg "Denial of Claim of Deduction u/s 80 of Income Tax Act without stating Reason: Kerala HC directs to Stay Recovery Till Finalisation of Appeal [Read Order]")
Denial of Claim of Deduction u/s 80 of Income Tax Act without stating Reason: Kerala HC directs to Stay Recovery Till Finalisation of Appeal [Read Order]
The Kerala High Court directed to stay in recovery till the finalisation of the appeal against the denial of the claim of deduction under section 80...
![Relief to Britannia Industries: ITAT Allows claim of Deduction for Lease Premium on ground of Absence of Capital Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Relief-Relief-to-Britannia-Industries-Britannia-Industries-ITAT-claim-Deduction-claim-of-Deduction-ITAT-Allows-claim-of-Deduction-Lease-Premium-Capital-Expenditure-taxscan.jpg "Relief to Britannia Industries: ITAT Allows claim of Deduction for Lease Premium on ground of Absence of Capital Expenditure [Read Order]")
![Failure of Assessee to Furnish any Evidence to Support Claim of Deduction u/s 54F of Income Tax Act: ITAT Remands Matter to AO for Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Failure-of-Assessee-to-Furnish-any-Evidence-to-Support-Claim-of-Deduction-Income-Tax-Act-ITAT-Remands-Matter-to-AO-for-Re-adjudication-TAXSCAN.jpg "Failure of Assessee to Furnish any Evidence to Support Claim of Deduction u/s 54F of Income Tax Act: ITAT Remands Matter to AO for Re-adjudication [Read Order]")
![Claim of Deduction u/s 80P (2) of Income Tax Act by Co-op Society cannot be Denied on Breach of Principle of Mutuality or Violation of Bye Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Claim-of-Deduction-Income-Tax-Act-by-Co-op-Society-Deduction-Breach-of-Principle-of-Mutuality-Violation-of-Bye-Law-ITAT-taxscan.jpg "Claim of Deduction u/s 80P (2) of Income Tax Act by Co-op Society cannot be Denied on Breach of Principle of Mutuality or Violation of Bye Law: ITAT [Read Order]")
![Claim of Deduction u/s 40(a)(ia) of Income Tax Act rejected on ground of Non Deduction of TDS: ITAT Dismisses Appeal of Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Claim-of-deduction-deduction-Claim-Income-Tax-Act-Non-Deduction-of-TDS-TDS-Deduction-of-TDS-ITAT-Dismisses-Appeal-of-Assessee-ITAT-Assessee-Appeal-of-Assessee-Income-Tax-taxscan.jpg "Claim of Deduction u/s 40(a)(ia) of Income Tax Act rejected on ground of Non Deduction of TDS: ITAT Dismisses Appeal of Assessee [Read Order]")
Claim of Deduction on Freight Outward Expenses Allowable only on Submission of Actual Payment Details: ITAT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) has held that claim of deduction on freight outward expenses would be allowable only on submission of actual payment details. The AO...
![Claim of Deduction on Freight Outward Expenses Allowable only on Submission of Actual Payment Details: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Claim-of-Deduction-Deduction-Freight-Outward-Expenses-Expenses-Actual-Payment-Details-Submission-of-Actual-Payment-Details-ITAT-Income-Tax-taxscan.jpg "Claim of Deduction on Freight Outward Expenses Allowable only on Submission of Actual Payment Details: ITAT [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]")
![ITAT allows Claim of Deduction u/s 80C to Hero Motocorp [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/ITAT-claim-of-deduction-Hero-Motocorp-Taxscan.jpg "ITAT allows Claim of Deduction u/s 80C to Hero Motocorp [Read Order]")
'Initial Assessment Year' for Claim of Deduction need not be 'first year' of 'Commencement of Operations': ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that “Initial assessment year” for the claim of deduction need not be “first year” of the “commencement of operations”. The assessee,...
![Initial Assessment Year for Claim of Deduction need not be first year of Commencement of Operations: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Initial-assessment-year-claim-of-deduction-commencement-of-operations-ITAT-taxscan.jpeg "Initial Assessment Year for Claim of Deduction need not be first year of Commencement of Operations: ITAT [Read Order]")
Relief to Finolex Cables: ITAT allows claim of deduction u/s 80IC in respect of Sale of Scrap [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench allowed the claim of deduction under section 80IC of the Income Tax Act in respect of sale of scrap. The Assessee, M/s. Finolex Cables Limited...
![Relief to Finolex Cables: ITAT allows claim of deduction u/s 80IC in respect of Sale of Scrap [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Finolex-Cables-ITAT-claim-of-deduction-sale-of-scrap-Taxscan.jpg "Relief to Finolex Cables: ITAT allows claim of deduction u/s 80IC in respect of Sale of Scrap [Read Order]")
Transfer of Registration of Vehicle in Assessees’ Name not mandatory for allowing Depreciation: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai has held that the transfer of registration in the name of the assessee is not a necessary condition for allowing the claim of depreciation under...
![Transfer of Registration of Vehicle in Assessees’ Name not mandatory for allowing Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Rental-Lorry.jpg "Transfer of Registration of Vehicle in Assessees’ Name not mandatory for allowing Depreciation: ITAT [Read Order]")
![‘Repairs & Maintenance’ expenditure are revenue in nature: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/07/ITAT-Tax-Scan.jpg "‘Repairs & Maintenance’ expenditure are revenue in nature: ITAT Mumbai [Read Order]")