How to Save Tax Legally in India: 10 Smart Tips you Must Know
The Indian Income Tax Act offers several provisions that allow taxpayers to reduce their taxable income through deductions and exemptions. By...
![ITAT Grants Section 80IA Deduction, Recognizes Infrastructure Development Role [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Deduction-ITAT-Income-Tax-taxscan.webp "ITAT Grants Section 80IA Deduction, Recognizes Infrastructure Development Role [Read Order]")
![Deduction u/s 80IA(4) cannot be Denied for Delayed Filing of Form 10CCB Audit Report: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Deduction-us-80IA4-Delayed-Filing-of-Form-10CCB-Audit-Report-ITAT-TAXSCAN.jpg "Deduction u/s 80IA(4) cannot be Denied for Delayed Filing of Form 10CCB Audit Report: ITAT [Read Order]")
![Interest Income from Business Investments by Co-operative Society Eligible for Deduction u/s 80P(2)(a): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Interest-Income-Business-Co-operative-Society-Co-operative-ITAT-Pune-Bench-of-ITAT-ITAT-Pune-Assessment-Income-Tax-Return-ITR-Assessing-Officer-Commissioner-of-Income-Tax-Taxscan.jpg "Interest Income from Business Investments by Co-operative Society Eligible for Deduction u/s 80P(2)(a): ITAT [Read Order]")
Incorrect Rejection of S.80IC Deduction due to Village Name Discrepancy: ITAT Allows Appeal [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) allowed the appeal filed by the assessee challenging the incorrect rejection of the Section 80IC of Income Tax Act,1961 deduction claim...
![Incorrect Rejection of S.80IC Deduction due to Village Name Discrepancy: ITAT Allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Incorrect-Rejection-Deduction-Due-to-Village-Name-Discrepancy-ITAT-taxscan.jpg "Incorrect Rejection of S.80IC Deduction due to Village Name Discrepancy: ITAT Allows Appeal [Read Order]")
Taxpayer is Eligible for Deduction u/s 80IA (4) for Operating and Maintaining Infrastructure Facility: ITAT [Read Order]
In a recent judgment, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT)Â has ruled that the taxpayer is eligible for a deduction amounting to Rs. 295,58,08,285 under Section 80IA(4) of...
![Taxpayer is Eligible for Deduction u/s 80IA (4) for Operating and Maintaining Infrastructure Facility: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Taxpayer-Deduction-Operating-and-Maintaining-Infrastructure-Facility-ITAT-taxscan.jpg "Taxpayer is Eligible for Deduction u/s 80IA (4) for Operating and Maintaining Infrastructure Facility: ITAT [Read Order]")
![Capital Gain Exemption Shall Not Be Denied Merely Due To Claim Made Additionally: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Capital-Gain-Capital-Gain-Exemption-Income-Tax-Appellate-Tribunal-ITAT-raipur-revision-assessment-Income-Tax-Appellate-Tribunal-taxscan.jpg "Capital Gain Exemption Shall Not Be Denied Merely Due To Claim Made Additionally: ITAT [Read Order]")
Interest Income from Fixed Deposits Can be Set Off against Property Maintenance Expenses: ITAT [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) recently held in a case that interest income from fixed deposits can be set off against property maintenance expenses. The assessee/...
![Interest Income from Fixed Deposits Can be Set Off against Property Maintenance Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Tax-Saver-Fixed-Deposit-Tax-Saver-Fixed-Deposit-Tax-Tax-Saving-Saving-Top-10-Tax-Saving-FDs-in-India-Taxscan.jpg "Interest Income from Fixed Deposits Can be Set Off against Property Maintenance Expenses: ITAT [Read Order]")
Interest Expenditure incurred for Earning Income Chargeable under "Income from Business and Profession" Eligible for Deduction u/s 36(1)(iii): ITAT [Read Order]
The two member bench of the Income Tax appellate Tribunal (ITAT), Raipur, has ruled that Expenditures incurred for earning income chargeable under "Income from Other Sources" should be eligible for...
![Interest Expenditure incurred for Earning Income Chargeable under Income from Business and Profession Eligible for Deduction u/s 36(1)(iii): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/TAT-Deduction-Interest-Expenditure-Income-from-Business-Income-from-Other-Sources-Section-361iii-of-the-Income-Tax-ITAT-Raipur-taxscan.webp "Interest Expenditure incurred for Earning Income Chargeable under Income from Business and Profession Eligible for Deduction u/s 36(1)(iii): ITAT [Read Order]")
![Section 80IA Deduction not allowable for Belated Income Tax Returns: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-Tax-Returns-Income-Tax-Appellate-Tribunal-Income-Tax-Calcutta-High-Court-ITAT-Nagpur-Section-80IA-Deduction-taxscan.jpg "Section 80IA Deduction not allowable for Belated Income Tax Returns: ITAT [Read Order]")