![Challenge on Condonation of Delay u/s 119(2)(b) of Income Tax Act for filing Form 10-IC : Gauhati HC Lists Matter on July 17th [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Challenge-on-Condonation-Condonation-of-Delay-Income-Tax-Act-Gauhati-High-Court-section-1192b-of-the-Income-Tax-Act-Income-Tax-Authority-incometax-updates-taxscan.jpg "Challenge on Condonation of Delay u/s 119(2)(b) of Income Tax Act for filing Form 10-IC : Gauhati HC Lists Matter on July 17th [Read Order]")
Challenge on Condonation of Delay u/s 119(2)(b) of Income Tax Act for filing Form 10-IC : Gauhati HC Lists Matter on July 17th [Read Order]
The Gauhati High Court listed the matter of challenge on condonation of delay under section 119(2)(b) of the Income Tax Act, 1961 for filing Form...
![Appeal against order of ITAT by providing 100% deduction u/s 80IC of IT Act : HP HC dismisses application for condone 224 days delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Appeal-order-ITAT-deduction-us-80IC-of-IT-Act-HP-HC-TAXSCAN.jpg "Appeal against order of ITAT by providing 100% deduction u/s 80IC of IT Act : HP HC dismisses application for condone 224 days delay [Read Order]")
![Deduction u/s 36(1)(va) of Income Tax Act is not allowable if Employees Contributions are not Paid within Due Dates Specified under PF Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Deduction-Income-Tax-Act-Employees-Contributions-Paid-Due-Dates-PF-Act-ITAT-taxscan.jpg "Deduction u/s 36(1)(va) of Income Tax Act is not allowable if Employees Contributions are not Paid within Due Dates Specified under PF Act: ITAT [Read Order]")
![Income from Housing Finance for Non-Residential purposes not eligible for Deduction u/s 36(1)(viii) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Housing-Finance-Residential-purposes-deduction-us-361viii-Income-Tax-Act-ITAT-TAXSCAN.jpg "Income from Housing Finance for Non-Residential purposes not eligible for Deduction u/s 36(1)(viii) of Income Tax Act: ITAT [Read Order]")
![Differentiation made by State between Central and State Govt employees u/s 10 (10 AA) of Income Tax Act is not Discriminatory: Patna HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Differentiation-State-Central-State-Govt-employees-Income-Tax-Act-Discriminatory-Patna-HC-taxscan.jpg "Differentiation made by State between Central and State Govt employees u/s 10 (10 AA) of Income Tax Act is not Discriminatory: Patna HC [Read Order]")
Interpretation of Section 32(2) of Income Tax Act: SC disposes of SLP filed by Income Tax Dept [Read Order]
The Supreme Court of India disposes of the Special Leave Petition ( SLP ) filed by the Income Tax Department in the challenge regarding the interpretation of Section 32(2) of the Income Tax Act,...
![Interpretation of Section 32(2) of Income Tax Act: SC disposes of SLP filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-Income-Tax-Income-Tax-Department-SLP-taxscan.jpg "Interpretation of Section 32(2) of Income Tax Act: SC disposes of SLP filed by Income Tax Dept [Read Order]")
Printing and Binding of Books Amounts to Manufacturing Activity, Deduction u/s 80IC of the Income Tax Act: Delhi HC [Read Order]
The Delhi High Court has held that printing and binding of books amounts to manufacturing activity and deduction under section 80IC of the Income Tax Act, 1961. The appellant/revenue seeks...
![Printing and Binding of Books Amounts to Manufacturing Activity, Deduction u/s 80IC of the Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Printing-and-Binding-of-Books-Amounts-Manufacturing-Activity-Deduction-Income-Tax-Act-Delhi-HC-gtaxscan.jpg "Printing and Binding of Books Amounts to Manufacturing Activity, Deduction u/s 80IC of the Income Tax Act: Delhi HC [Read Order]")
Commitment of Performance towards Machines Supplied not liable for rendering Declared Service u/s 66E (e) of Finance Act: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) observed that the commitment of performance towards machines supplied not liable for rendering declared service...
![Commitment of Performance towards Machines Supplied not liable for rendering Declared Service u/s 66E (e) of Finance Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Commitment-Performance-Machines-Supplied-rendering-Service-Finance-Act-CESTAT-TAXSCAN.jpg "Commitment of Performance towards Machines Supplied not liable for rendering Declared Service u/s 66E (e) of Finance Act: CESTAT [Read Order]")
Deduction u/s 57 shall be allowed on Cost of Funds and Proportionate Administrative Expenses for Earning Interest Income: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) held that the deduction under Section 57 of the Income Tax Act, 1961 shall be allowed on the cost of funds and proportionate...
![Deduction u/s 57 shall be allowed on Cost of Funds and Proportionate Administrative Expenses for Earning Interest Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Deduction-Proportionate-Administrative-Expenses-Earning-Interest-Income-ITAT-Cost-of-Funds-ITAT-Bangalore-taxscan.jpg "Deduction u/s 57 shall be allowed on Cost of Funds and Proportionate Administrative Expenses for Earning Interest Income: ITAT [Read Order]")
ITAT directs to allow Deduction on claim of Guarantee provided by trust to lending institution [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench directed the allowance of a deduction for the claim of guarantee provided by the Credit Guarantee Fund Trust for Micro and Small Enterprises, an...
![ITAT directs to allow Deduction on claim of Guarantee provided by trust to lending institution [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-Deduction-on-claim-of-Guarantee-provided-by-trust-lending-institution-TAXSCAN.jpg "ITAT directs to allow Deduction on claim of Guarantee provided by trust to lending institution [Read Order]")
[BREAKING] Relief to Jindal Steel: Supreme Court dismisses Revenue Appeal, upholds computation of Market Value of Electricity for Deduction u/s 80IA [Read Judgement]
In a major relief to Jindal Steel and Power, the Supreme Court has upheld the computation of market value of electricity for deduction under Section 80IA of the Income Tax Act, 1961. The issue at...
