![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]")
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...
![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]](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]")
S. 36(1)(viia) Deduction not allowable without Provision for Bad and Doubtful Debts in Books of Account: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that deduction under Section 36(1)(viia) of Income tax Act, 1961 is not allowed without any provision for Bad and Doubtful...
![S. 36(1)(viia) Deduction not allowable without Provision for Bad and Doubtful Debts in Books of Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Deduction-Bad-Doubtful-Debts-Books-of-Account-ITAT-taxscan.jpg "S. 36(1)(viia) Deduction not allowable without Provision for Bad and Doubtful Debts in Books of Account: ITAT [Read Order]")
NBFC Loan to its Sister Concern is for Mere Shift of Funds from One Entity to Another: ITAT rejects Bad Debt Claim [Read Order]
Recently, the Income Tax Appellate Authority ( ITAT ) of Delhi disallowed a bad debt deduction claim upholding the CIT(A)’s decision stating the loan provided by the NBFC to its sister concern was...
![NBFC Loan to its Sister Concern is for Mere Shift of Funds from One Entity to Another: ITAT rejects Bad Debt Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/WhatsApp-Image-2024-08-05-at-11.58.26-AM.jpeg "NBFC Loan to its Sister Concern is for Mere Shift of Funds from One Entity to Another: ITAT rejects Bad Debt Claim [Read Order]")
LTCG of Mauritius Company on Sale of Shares of Indian Investment made before 1st April 2017 is not Taxable in India: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ruled that the Long term Capital Gain ( LTCG ) of Mauritius Company on the sale of shares of an Indian investment made before the 1st April 2024...
![LTCG of Mauritius Company on Sale of Shares of Indian Investment made before 1st April 2017 is not Taxable in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/LTCG-Mauritius-Company-Sale-Shares-Indian-Investment-Taxable-in-India-ITAT-taxscan.jpg "LTCG of Mauritius Company on Sale of Shares of Indian Investment made before 1st April 2017 is not Taxable in India: ITAT [Read Order]")
