![Failure to pay within due date under PF Act will be Negating Employers claim for Deduction permanently forever u/s.36(1)(va): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/PF-Act-PF-Employer-claim-Deduction-ITAT-Taxscan.jpg "Failure to pay within due date under PF Act will be Negating Employers claim for Deduction permanently forever u/s.36(1)(va): ITAT [Read Order]")
Failure to pay within due date under PF Act will be Negating Employer's claim for Deduction permanently forever u/s.36(1)(va): ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) has held that failure to pay within due date under Provident Fund (PF) Act will be...
![Expenses to Musical Programme and Garba Event are Personal in Nature, No Income Tax deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Expenses-Musical-Programme-Garba-Event-Personal-in-Nature-Income-Tax-deduction-Income-Tax-deduction-ITAT-taxscan.jpg "Expenses to Musical Programme and Garba Event are Personal in Nature, No Income Tax deduction: ITAT [Read Order]")
![Marketing and Survey Expenses are allowable as Deduction u/s 37(1) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Marketing-and-Survey-Expenses-Marketing-Survey-Expenses-Deduction-Income-Tax-Act-Income-Tax-ITAT-Tax-Taxscan.jpg "Marketing and Survey Expenses are allowable as Deduction u/s 37(1) of Income Tax Act: ITAT [Read Order]")
![Brand Promotion Expenditure to Force India are Revenue in Nature, allowable as Deduction: ITAT rules in favour of United Breweries [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Brand-Promotion-Expenditure-Brand-Promotion-Revenue-in-Nature-Deduction-ITAT-United-Breweries-Taxscan.jpg "Brand Promotion Expenditure to Force India are Revenue in Nature, allowable as Deduction: ITAT rules in favour of United Breweries [Read Order]")
Deduction u/s 36(1)(va) not allowable When Assessee failed to Deposit Employee's Contribution to PF within due date: ITAT
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that deduction under section 36(1)(va) of the Income Tax Act,1961 is not allowable when the assessee failed to deposit employee's...
IT Deduction for Affordable Houses cannot be Denied to Builder on ground of Subsequent Changes in Building on Completion of Statutory Conditions: Bombay HC
A Division Bench of the Bombay High Court has recently set aside the denial of income tax deduction under Section 80-IB(10) of the Income Tax Act, 1961 merely on ground of subsequent changes in...
Education Cess including Secondary and Higher Secondary Education Cess is not allowable as a Deduction: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the education Cess including secondary and higher secondary education cess is not allowable as deduction. CC Engineers Pvt....
![Education Cess including Secondary and Higher Secondary Education Cess is not allowable as a Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Education-Cess-Secondary-Education-Cess-Higher-Secondary-Education-Cess-Deduction-ITAT-taxscan.jpg "Education Cess including Secondary and Higher Secondary Education Cess is not allowable as a Deduction: ITAT [Read Order]")
Additional Income offered as part of Business Income, entitled to Income Tax Deduction u/s 40(b)(v): ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Bangalore Bench held that Additional income offered as part of business income, entitled to deduction under Section 40(b)(v) of the Income Tax Act, 1961. ...
![Additional Income offered as part of Business Income, entitled to Income Tax Deduction u/s 40(b)(v): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Additional-Income-Business-Income-Income-Tax-Deduction-Income-Tax-Deduction-Tax-ITAT-taxscan.jpg "Additional Income offered as part of Business Income, entitled to Income Tax Deduction u/s 40(b)(v): ITAT [Read Order]")
Income from Design Charges are business income to compute deduction u/s 10A of Income Tax Act: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ), held that Income from Design Charges are business income to compute deduction under Section 10A of the Income Tax Act, 1961. The...
![Income from Design Charges are business income to compute deduction u/s 10A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Design-Charges-business-income-business-income-deduction-Income-Tax-Act-Income-Tax-Tax-ITAT-taxscan.jpg "Income from Design Charges are business income to compute deduction u/s 10A of Income Tax Act: ITAT [Read Order]")
Interest paid on Belated Payments of Service Tax is allowable for deduction u/s 37(1) Income Tax Act: ITAT [Read Order]
In a recent ruling, Chennai Bench of the Income Tax Appellate Tribunal (ITAT) presided over by a Judicial Member V. Durga Rao and an Accountant Member G. Manjunatha decided that the interest paid on...
![Interest paid on Belated Payments of Service Tax is allowable for deduction u/s 37(1) Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Interest-paid-Belated-Payments-Service-Tax-Payments-deduction-Income-Tax-Act-Income-Tax-ITAT-taxscan.jpg "Interest paid on Belated Payments of Service Tax is allowable for deduction u/s 37(1) Income Tax Act: ITAT [Read Order]")
Interest on Loan of Leased portion of Building cannot be allowed as work-in-progress when eligible for Deduction u/s 24: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal( ITAT ) has held that Interest on the loan of the leased portion of a building cannot be allowed as a work-in-progress when eligible for...
![Interest on Loan of Leased portion of Building cannot be allowed as work-in-progress when eligible for Deduction u/s 24: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Interest-on-loan-loan-Interest-work-in-progress-deduction-ITAT-Taxscan.jpg "Interest on Loan of Leased portion of Building cannot be allowed as work-in-progress when eligible for Deduction u/s 24: ITAT [Read Order]")