![Disallowance of deduction made u/s 80P Beyond Scope of Section 143(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Disallowance-Disallowance-of-deduction-Income-Tax-taxscan.jpg "Disallowance of deduction made u/s 80P Beyond Scope of Section 143(1): ITAT [Read Order]")
Disallowance of deduction made u/s 80P Beyond Scope of Section 143(1): ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the disallowance made under Section 80 P of the Income Tax Act, 1961, as it...
![TPO already made Adjustments on Information & Technology Fees: ITAT deletes AOs Protective Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/TPO-Adjustments-Information-Technology-Fees-ITAT-AOs-Protective-Addition-taxscan.jpg "TPO already made Adjustments on Information & Technology Fees: ITAT deletes AOs Protective Addition [Read Order]")
![Disallowance of Depreciation Due to Lack of Evidence for Machinery Installation: ITAT Restores AOs Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Visakhapatnam-Machinery-Installation-Disallowance-Taxscan.jpg "Disallowance of Depreciation Due to Lack of Evidence for Machinery Installation: ITAT Restores AOs Order [Read Order]")
![ITAT Rules Abandoned IPO Expenses as Revenue in Nature, Deletes Disallowance u/s 37(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Rules-ITAT-Rules-Abandoned-IPO-Expenses-IPO-Revenue-in-Nature-Deletes-Disallowance-Disallowance-taxscan.jpg "ITAT Rules Abandoned IPO Expenses as Revenue in Nature, Deletes Disallowance u/s 37(1) [Read Order]")
![ITAT upholds Disallowance of Knitting Charges Under Section 40A(3), allows Set-Off of Carry Forward Losses [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-upholds-Disallowance-of-Knitting-Charges-Disallowance-Knitting-Charges-Under-Section-40A3-Set-Off-of-Carry-Forward-Losses-Carry-Forward-Losses-taxscan-1.jpg "ITAT upholds Disallowance of Knitting Charges Under Section 40A(3), allows Set-Off of Carry Forward Losses [Read Order]")
![Disallowance should not Exceed the Amount of Exempt income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Disallowance-exceed-amount-exempt-income-ITAT-TAXSCAN.jpg "Disallowance should not Exceed the Amount of Exempt income: ITAT [Read Order]")
Disallowance of ₹96.71 Lakh Foreign Exchange Loss on Import-Export Transactions Without Hedging: ITAT upholds CIT(A)’s Decision [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) upheld the Commissioner of Income Tax Appeals(CIT(A))'s decision on the disallowance of ₹96.71 Lakh foreign exchange loss incurred by the...
![Disallowance of ₹96.71 Lakh Foreign Exchange Loss on Import-Export Transactions Without Hedging: ITAT upholds CIT(A)’s Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Disallowance-Foreign-Exchange-Loss-Foreign-Exchange-Import-Export-Transactions-ITAT-ITAT-Upholds-CITAs-Decision-CITA-taxscan.jpg "Disallowance of ₹96.71 Lakh Foreign Exchange Loss on Import-Export Transactions Without Hedging: ITAT upholds CIT(A)’s Decision [Read Order]")
12 Lakhs TDS Disallowance u/s 40(a)(ia): ITAT Remands Case to AO for Verification and Reassessment [Read Order]
In a recent case, the Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) remanded the assessee's case to the assessment officer (AO) for proper verification concerning the returns filed in the...
![12 Lakhs TDS Disallowance u/s 40(a)(ia): ITAT Remands Case to AO for Verification and Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/TDS-TDS-Disallowance-Disallowance-TDS-Disallowance-Section-40aia-ITAT-Remands-Case-AO-AO-for-Verification-and-Reassessment-ITAT-Remands-Case-taxscan.jpg "12 Lakhs TDS Disallowance u/s 40(a)(ia): ITAT Remands Case to AO for Verification and Reassessment [Read Order]")
ITAT deletes 50% Disallowance of Foreign Travel Expenses, Citing Lack of Evidence for Personal Use [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT )Â deleted the 50% disallowance of foreign travel expenses, ruling that the disallowance was arbitrary due to a lack of evidence supporting...
![ITAT deletes 50% Disallowance of Foreign Travel Expenses, Citing Lack of Evidence for Personal Use [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Disallowance-of-Foreign-Travel-Expenses-Citing-Lack-of-Evidence-Personal-Use-taxscan.jpg "ITAT deletes 50% Disallowance of Foreign Travel Expenses, Citing Lack of Evidence for Personal Use [Read Order]")
Disallowance of Expenses u/s 14A for Exempt Dividend Income: ITAT deletes Rs.33.75 Lakh [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted a Rs.33.75 Lakh disallowance under Section 14A for exempt dividend income, noting that the investments were made in prior years...
![Disallowance of Expenses u/s 14A for Exempt Dividend Income: ITAT deletes Rs.33.75 Lakh [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Disallowance-of-Expenses-Exempt-Dividend-Income-ITAT-taxscan.jpg "Disallowance of Expenses u/s 14A for Exempt Dividend Income: ITAT deletes Rs.33.75 Lakh [Read Order]")
Disallowance Claim on Loans written Off to Titan International:Â ITAT remands matter for Consideration of additional Evidence brought by Assessee [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) remanded the matter to the AO for a fresh examination concerning the write-off of loans amounting to Rs. 29.52 crore advanced by the...
![Disallowance Claim on Loans written Off to Titan International:Â ITAT remands matter for Consideration of additional Evidence brought by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Disallowance-Claim-Loans-Titan-International-ITAT-Consideration-of-additional-Evidence-brought-Assessee-taxscan.jpg "Disallowance Claim on Loans written Off to Titan International:Â ITAT remands matter for Consideration of additional Evidence brought by Assessee [Read Order]")
Assessee Gets Partial Relief from ITAT as Tribunal sets aside Interest Expenses Addition and Partly Sustains Household Expenses Disallowance [Read Order]
In a recent ruling by the Income Tax Appellate Tribunal (ITAT), Surat Bench, the assessee, Manish Chiranjilal Jain, received partial relief in his appeal concerning the assessment for the financial...
![Assessee Gets Partial Relief from ITAT as Tribunal sets aside Interest Expenses Addition and Partly Sustains Household Expenses Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Interest-Expenses-Addition-Household-Expenses-Disallowance-taxscan.jpg "Assessee Gets Partial Relief from ITAT as Tribunal sets aside Interest Expenses Addition and Partly Sustains Household Expenses Disallowance [Read Order]")