![Expenditure towards Repairs to make House habitable deductible from Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Expenditure-capital-gain-House-habitable-deductible-ITAT-Taxscan.jpg "Expenditure towards Repairs to make House habitable deductible from Capital Gain: ITAT [Read Order]")
Expenditure towards Repairs to make House habitable deductible from Capital Gain: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has recently held that the expenditure incurred by the assessee to repair the house to make...
![Relief to Shilpa Medicare: ITAT allows Deduction for Expenditure incurred on Research and Development [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Shilpa-Medicare-ITAT-deduction-expenditure-research-and-development-Taxscan.jpeg "Relief to Shilpa Medicare: ITAT allows Deduction for Expenditure incurred on Research and Development [Read Order]")
![CBDT notifies Bennett University under the category of ‘University, College or other institution’ for various Researches to allow Deductions [Read Notifications]](https://www.taxscan.in/wp-content/uploads/2021/03/CBDT-Bennett-University-University-College-or-other-institution-Researches-deductions-Taxscan.jpeg "CBDT notifies Bennett University under the category of ‘University, College or other institution’ for various Researches to allow Deductions [Read Notifications]")
![ITAT directs AO to allow Expenditure incurred at Head Office except director Salary against Interest Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-AO-expenditure-interest-income-Taxscan.jpg "ITAT directs AO to allow Expenditure incurred at Head Office except director Salary against Interest Income [Read Order]")
Relief to IDBI Bank: ITAT deletes disallowance on Expenditure incurred in relation to Income not includible in Total Income [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, while granting relief to the IDBI Bank deleted the disallowance on expenditure incurred in relation to income not includible in total income. ...
![Relief to IDBI Bank: ITAT deletes disallowance on Expenditure incurred in relation to Income not includible in Total Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/IDBI-Bank-ITAT-disallowance-expenditure-income-total-income-Taxscan.jpg "Relief to IDBI Bank: ITAT deletes disallowance on Expenditure incurred in relation to Income not includible in Total Income [Read Order]")
Expenditure incurred by Deloitte towards defending Suit against Partner is Deductible Business Expenditure: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that the expenditure incurred by Deloitte Haskins & Sells towards defending suit against the partner is deductible business expenditure....
![Expenditure incurred by Deloitte towards defending Suit against Partner is Deductible Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Deloitte-ITAT-Suit-Expenditure-Taxscan.jpg "Expenditure incurred by Deloitte towards defending Suit against Partner is Deductible Business Expenditure: ITAT [Read Order]")
Deduction can be claimed under R&D for Amount incurred towards development on a mechanism to produce customised products: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench held that the deduction can be claimed under Research and Development (R&D) for Amount incurred towards development on a mechanism to...
![Deduction can be claimed under R&D for Amount incurred towards development on a mechanism to produce customised products: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Deduction-ITAT-RD-claimed-customised-products-Taxscan.jpg "Deduction can be claimed under R&D for Amount incurred towards development on a mechanism to produce customised products: ITAT [Read Order]")
Expenditure on Lease premises towards Civil Works, Furniture, etc. can’t be Capital Expenditure: Madras High Court [Read Judgment]
The Madras High Court held that expenditure on the leased premises towards civil works, furniture, etc. can not be capital expenditure. The matters arose pursuant to an order under Section 254 of...
![Expenditure on Lease premises towards Civil Works, Furniture, etc. can’t be Capital Expenditure: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Expenditure-Lease-premises-Civil-Works-Furniture-Capital-Expenditure-Madras-High-Court-Taxscan.jpg "Expenditure on Lease premises towards Civil Works, Furniture, etc. can’t be Capital Expenditure: Madras High Court [Read Judgment]")
Business Loss can’t be equated with Expenditure: S. 115JB doesn’t cover Loss incurred in redemption of Mutual Fund, says ITAT
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the business loss and business expenditure are different and the same cannot be equated since the expenditure is indicative of...
