![No Deduction of Profits and Gains from Industrial undertakings u/s 80IA (4) without Notification issued by the Competent Authority: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Deduction-Profits-and-Gains-Competent-Authority-taxscan.jpeg "No Deduction of Profits and Gains from Industrial undertakings u/s 80IA (4) without Notification issued by the Competent Authority: ITAT [Read Order]")
No Deduction of Profits and Gains from Industrial undertakings u/s 80IA (4) without Notification issued by the Competent Authority: ITAT [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal has held that no deduction of profits and gains from industrial undertakings u/s 80IA(4) without...
![Gujarat HC Strikes Down Portion of GST Notification mandating 1/3rd Deduction of Land [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Gujarat-HC-Down-Portion-GST-Notification-Deduction-of-Land-Taxscan.jpeg "Gujarat HC Strikes Down Portion of GST Notification mandating 1/3rd Deduction of Land [Read Order]")
![Relief to Google: ITAT allows Deduction of ESI/PF Contributions paid after Due Date [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/WhatsApp-Image-2022-03-24-at-3.25.31-PM.jpeg "Relief to Google: ITAT allows Deduction of ESI/PF Contributions paid after Due Date [Read Order]")
![Finance Act Amendment denying Deduction towards ESI/PF Contributions beyond Due Date not applicable prior to 2021: ITAT allows 47 Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Finance-Act-Amendment-Deduction-Contribution-ITAT-Appeals-taxscan.jpeg "Finance Act Amendment denying Deduction towards ESI/PF Contributions beyond Due Date not applicable prior to 2021: ITAT allows 47 Appeals [Read Order]")
![Relief to Deloitte: ESI & PF Contributions made after Due Date allowable as Deduction, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/ITAT-Delhi-Deloitte-ESI-PF-Contributions-Deduction-ITAT-taxscan.jpeg "Relief to Deloitte: ESI & PF Contributions made after Due Date allowable as Deduction, rules ITAT [Read Order]")
CENVAT Credit receivables which couldn’t be Set Off can be allowable as Income Tax Deduction: ITAT [Read Order]
The ITAT, Delhi bench has held that CENVAT credit receivables which could not be set off are allowable as deduction under the Income Tax Act, 1961. The assessee is in the business of manufacturing...
![CENVAT Credit receivables which couldn’t be Set Off can be allowable as Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Income-Tax-Deduction-CENVAT-Credit-Deduction-ITAT-Taxscan.jpeg "CENVAT Credit receivables which couldn’t be Set Off can be allowable as Income Tax Deduction: ITAT [Read Order]")
Amended Provisions relating to Income Tax Deduction towards Contribution towards ESI and PF not applicable to AY 2018-19: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the amended provisions of section 43B and 36(1)(va) of the Income Tax Act, 1961 relating to employees’ contribution...
![Amended Provisions relating to Income Tax Deduction towards Contribution towards ESI and PF not applicable to AY 2018-19: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Amended-Provisions-Deduction-Contribution-ESI-and-PF-AY-ITAT-Taxscan.jpeg "Amended Provisions relating to Income Tax Deduction towards Contribution towards ESI and PF not applicable to AY 2018-19: ITAT [Read Order]")
Deduction of Employees Contribution to ESI and PF: Amendment in Finance Act, 2021 does not applicable to AY 2018-19 and AY 2019-2020, rules ITAT
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the amendment under the Finance Act, 2021 relating to deduction of employees’ contribution to ESI and PF would not be...
Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the claim of deduction of contribution to Employee’s State Insurance Scheme (ESI) and Provident Fund u/s.36(1)(va) could not be...
![Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Claim-of-Deduction-ESI-Provident-Fund-Finance-Act-Amendment-ITAT-Taxscan.jpg "Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]")
![Deduction allowable to Loss on Investment in Subsidiary made to Boost Sales: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Deduction-Loss-on-Investment-Boost-Sales-ITAT-taxscan.jpg "Deduction allowable to Loss on Investment in Subsidiary made to Boost Sales: ITAT [Read Order]")
![R&D Activity in Biotechnology Services would be treated as ‘Computer Software’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Computer-Software-ITAT.jpg "R&D Activity in Biotechnology Services would be treated as ‘Computer Software’: ITAT [Read Order]")
ITAT upholds Order denying Income Tax Deduction of sum paid to Real Estate Broker for want of Proof of Payment [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the Income Tax deduction cannot be allowed to the payment of brokerage at the time of purchasing the property on the ground that the...
![ITAT upholds Order denying Income Tax Deduction of sum paid to Real Estate Broker for want of Proof of Payment [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Finance-Minister-Income-Tax-Relief-Developers-Home-Buyers-Boost-Real-Estate-Demand-Taxscan.jpeg "ITAT upholds Order denying Income Tax Deduction of sum paid to Real Estate Broker for want of Proof of Payment [Read Order]")