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![Deduction u/s 54 can’t be denied for non-completion of construction of new residential house within 3 years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Deduction-construction-residential-house-ITAT-Taxscan.jpg "Deduction u/s 54 can’t be denied for non-completion of construction of new residential house within 3 years: ITAT [Read Order]")
Deduction u/s 54 can’t be denied for non-completion of construction of new residential house within 3 years: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that the deduction under Section 54 can not be denied for non-completion of...
![Expenditures required to be reduced from Export Turnover u/s 10A should also be reduced from Total Turnover: ITAT grants relief to TCS [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Tata-Consultancy-Services-Expenditures-Export-Turnover-Turnover-ITAT-TCS-Taxscan.jpg "Expenditures required to be reduced from Export Turnover u/s 10A should also be reduced from Total Turnover: ITAT grants relief to TCS [Read Order]")
![Karnataka High Court quashes order directing AO to disallow the Deduction TO both Owner and Land Developer [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Karnataka-High-Court-AO-deduction-Taxscan.jpg "Karnataka High Court quashes order directing AO to disallow the Deduction TO both Owner and Land Developer [Read Order]")
![Deduction allowable on Payment to Employees under Voluntary Retirement Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Voluntary-Retirement-Scheme-ITAT-Deduction-Taxscan.jpg "Deduction allowable on Payment to Employees under Voluntary Retirement Scheme: ITAT [Read Order]")
![ITAT allows 60% of Deduction on Computers and Computer Software [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Computers-Software-ITAT-Taxscan.jpg "ITAT allows 60% of Deduction on Computers and Computer Software [Read Order]")
Assessee can’t be denied benefit of 50% Deduction merely because Assessee’s son name is also there in Purchase Document: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) held that the assessee can not be denied the 50% of deduction under Section 54 of the Income Tax Act, 1961 merely because the name of assessee’s son is also...
![Assessee can’t be denied benefit of 50% Deduction merely because Assessee’s son name is also there in Purchase Document: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Assessee-Penalty-Appeal-Income-Tax-Income-Tax-Officer-Taxscan.jpg "Assessee can’t be denied benefit of 50% Deduction merely because Assessee’s son name is also there in Purchase Document: ITAT [Read Order]")
![Yahoo gets Income Tax Relief from ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/Yahoo-Income-Tax-Relief-ITAT-Taxscan.jpeg "Yahoo gets Income Tax Relief from ITAT [Read Order]")
Deduction not claimed earlier can be claimed during the proceeding under Section 151A: Bombay HC [Read Judgment]
The Bombay High Court while affirming the right of the assessee and held that the deduction which is not claimed earlier can be claimed during the proceeding under Section 151A. In the case of...
![Deduction not claimed earlier can be claimed during the proceeding under Section 151A: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/08/Bombay-High-Court-Taxscan.jpg "Deduction not claimed earlier can be claimed during the proceeding under Section 151A: Bombay HC [Read Judgment]")
![No disallowance of Interest Expenses on Account of Non-Deduction of TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Interest-Expenses-TDS-ITAT-Assessee-Taxscan.jpg "No disallowance of Interest Expenses on Account of Non-Deduction of TDS: ITAT [Read Order]")
Capital Gain Exception can't be denied If Non-completion of Construction was not Assessee's Fault: ITAT [Read Order]
The New Delhi bench of due Income Tax Appellate Tribunal (ITAT) in the case of Abodh Borar v ITO held that delay in developer’s delivery of possession to which the assessee could not complete the...
![Capital Gain Exception cant be denied If Non-completion of Construction was not Assessees Fault: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/deduction-Section-54F-Taxscan.jpg "Capital Gain Exception cant be denied If Non-completion of Construction was not Assessees Fault: ITAT [Read Order]")