Read all Latest Updates on and about deduction

Top

Begin typing your search above and press return to search.

Home
»
deduction

Relief to Serum Institute of India, Benefit of deduction u/s 10AA cannot be denied merely on ground that Goods not Exported outside India: ITAT [Read Order]

Taxscan Team

In the case of the Serum Institute of India, the Pune Bench of the Income Tax Appellate Tribunal (ITAT) has held that the benefit of deduction under...

Relief to Facebook: ITAT directs to conduct enquiry on deduction of TDS [Read Order]

GTD Expenses are allowable as Income Tax Deduction: ITAT upholds deletion of Disallowance [Read...

Claim for Deduction of Educational Cess not Allowable: ITAT [Read Order]

Interest Paid on Delayed TDS Payment is allowable as Deduction: ITAT [Read Order]

Assessee entitled to 80G Deduction on Donations made towards Chief Minister KanyaKelvaniNidhi : ITAT [Read Order]

The Income Tax Appellate Tribunal “A” Bench, Ahmedabad, has recently, in an appeal filed before it, held that the assessee is entitled to 80G deduction with regard to the contributions or donations...

Relief to ICICI Bank: ITAT confirms Interest Expenses on Perpetual Bonds, allowable as Deduction u/s 36(1)(iii) [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that Interest expenses on perpetual bonds, allowable as deduction under Section 36(1)(iii) of the Income Tax Act, 1961 thereby granting...

Failure in Submission of Form-10CCB: ITAT confirms Income Tax Deduction u/s 80IB [Read Order]

The Visakhapatnam bench of Income Tax Appellate Tribunal (ITAT), confirms the deduction u/s 80IB of the Act,1961 when the assessee failed in the submission of Form-10CCB. The respondent-assessee,...

Interest on Income Tax not allowable as Deduction u/s 40(a)(ii): ITAT [Read Order]

The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the interest on income tax cannot be allowable as deduction under section 40(a)(ii) of the Income Tax Act, 1961. The...

Deduction u/s 54F is allowable on Purchase of Property Outside India: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that deduction under section 54F is allowable on the purchase of property outside India. During assessment proceedings of the...

Payment made for Usage of Software is Revenue Expenditure: ITAT allows Income Tax Deduction [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that payment made for the usage of the software is revenue expenditure and deduction is allowable. The assessee was represented by...

Deduction u/s 54 allowable on Multiple Residential Houses built in same physical location and contiguous place: ITAT [Read Order]

The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT) upheld the CIT(A) order which allowed the deduction under section 54 of the Income Tax Act,1961 on multiple residential houses built in...

Prev Page Next Page