![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]")
Activity of Preparation of Dossier Amount to Manufacture u/s 10B: ITAT allows Deduction [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Strides Shasun Ltd. v. The ACIT held that the activity of preparation of...
![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]")
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]")
S. 80G Deduction is allowable in the Year of Actual Payment even without Donation Receipt: ITAT [Read Order]
In the case between General Capital and Holding Company Pvt. Ltd vs Income Tax Officer, Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) held that deduction under Section 80G of the Income Tax...
![S. 80G Deduction is allowable in the Year of Actual Payment even without Donation Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Donation-Taxscan.jpg "S. 80G Deduction is allowable in the Year of Actual Payment even without Donation Receipt: ITAT [Read Order]")