![Deduction allowable on Purchase of Old Gold from Customers against Purchase of New Ornaments: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Other-Income-ITAT-Taxscan.jpg "Deduction allowable on Purchase of Old Gold from Customers against Purchase of New Ornaments: ITAT [Read Order]")
Deduction allowable on Purchase of Old Gold from Customers against Purchase of New Ornaments: ITAT [Read Order]
The Hyderabad bench of Income Tax Appellate Tribunal ( ITAT ) in Dy. Commissioner of Income Tax, Hyderabad v. Kalanikethan Silks Private Limited ruled...
![Activity of Preparation of Dossier Amount to Manufacture u/s 10B: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Deduction-Taxscan.jpg "Activity of Preparation of Dossier Amount to Manufacture u/s 10B: ITAT allows Deduction [Read Order]")
![Payment in relation with Security Transactions by a Sub-Broker not liable to TDS u/s 194H: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Security-Transactions-TDS-Taxscan.jpg "Payment in relation with Security Transactions by a Sub-Broker not liable to TDS u/s 194H: ITAT [Read Order]")
![Sec 80P Deduction available to Bank for Investments with Sub-Treasuries during its Business / Providing Credit Facilities to its Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Income-Tax-Deduction-Taxscan-1.jpg "Sec 80P Deduction available to Bank for Investments with Sub-Treasuries during its Business / Providing Credit Facilities to its Members: ITAT [Read Order]")
![No Deduction on Interest Income received from Bank on FDRs Pledged as Security Deposit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Income-Taxscan.jpg "No Deduction on Interest Income received from Bank on FDRs Pledged as Security Deposit: ITAT [Read Order]")
Sec 80IA (4) Deduction allowable to Widening of Existing Roads by Construction of Additional Lanes of a Highway: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ) in Adhunik Infrastructure (P)Ltd. vs. JCIT, held that the assessee is eligible for deduction under Section 80 IA (4) of the Income Tax...
Expenses Incurred to keep the Status of Company Active is Eligible for Deduction: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal recently proclaimed that expenses incurred in order to keep the status of company activities are eligible for deduction. The Tribunal bench comprising...
![Expenses Incurred to keep the Status of Company Active is Eligible for Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Expenses-ITAT-Taxscan.jpg "Expenses Incurred to keep the Status of Company Active is Eligible for Deduction: ITAT [Read Order]")
Expenses Incurred for Earning Dividend Income including Finance Charges are allowable as Deduction: ITAT [Read Order]
The ITAT in the case of M/s. Asia Investments Private Limited vs revenue has said that expenses incurred for earning dividend income including finance charges are allowable as deduction. Presently...
![Expenses Incurred for Earning Dividend Income including Finance Charges are allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Dividend-Income-Taxscan.jpg "Expenses Incurred for Earning Dividend Income including Finance Charges are allowable as Deduction: ITAT [Read Order]")
![Loss of Consumable Stock can be held as Accidental to Business: ITAT Allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Consumable-Stock-Rasna-Taxscan.jpg "Loss of Consumable Stock can be held as Accidental to Business: ITAT Allows Deduction [Read Order]")
Discontinuance of Deduction for Eligible Projects: SC grants Exemption to Persons Donating Money for Construction of Specified Hospital [Read Order]
While hearing a special leave petition challenging the constitutional validity of Section 35AC(7) of the Income Tax Act, 1961, the Supreme Court held that persons who want to donate money for...
![Discontinuance of Deduction for Eligible Projects: SC grants Exemption to Persons Donating Money for Construction of Specified Hospital [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Donating-Money-Taxscan.jpg "Discontinuance of Deduction for Eligible Projects: SC grants Exemption to Persons Donating Money for Construction of Specified Hospital [Read Order]")
Private Company held by a Public Company can be treated as a ‘Public Company’ for the purpose of Deduction u/s 43B: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) recently held that a private company held by a public company can be treated as a public company for the purpose of getting deduction under...
![Private Company held by a Public Company can be treated as a ‘Public Company’ for the purpose of Deduction u/s 43B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Income-Tax-Deduction-Taxscan.jpg "Private Company held by a Public Company can be treated as a ‘Public Company’ for the purpose of Deduction u/s 43B: ITAT [Read Order]")