![Meals, Transport & Courier Expenses not Part of “Transfer of House Property”: ITAT Rejects NRI’s Income Tax Deduction Claims [Read Order]](https://images.taxscan.in/h-upload/2025/11/18/500x300_2106243-transport-courier-expenses-itat-courier-expenses-transport-taxscan.webp "Meals, Transport & Courier Expenses not Part of “Transfer of House Property”: ITAT Rejects NRI’s Income Tax Deduction Claims [Read Order]")
Meals, Transport & Courier Expenses not Part of “Transfer of House Property”: ITAT Rejects NRI’s Income Tax Deduction Claims [Read Order]
The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) recently affirmed that expenses for air tickets, meals, local transport, boarding...
![Permanent Fixtures become Part and Parcel of Building: ITAT Allows ₹20L Income Tax deductions to Senior Citizen on Total Improvement Cost [Read Order]](https://images.taxscan.in/h-upload/2025/11/18/250x150_2106221-itat-bengaluru-permanent-fixtures-income-tax-deductions-total-improvement-cost-taxscan.webp "Permanent Fixtures become Part and Parcel of Building: ITAT Allows ₹20L Income Tax deductions to Senior Citizen on Total Improvement Cost [Read Order]")
![Relief to Zydus Head Diabetologist: ITAT quashes Revision u/s 263 on Income Tax Deduction for Political Donation, says AO Conducted Due Enquiry [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/250x150_2092379-zydus-healthcare-income-tax-demand-taxscan.webp "Relief to Zydus Head Diabetologist: ITAT quashes Revision u/s 263 on Income Tax Deduction for Political Donation, says AO Conducted Due Enquiry [Read Order]")
![Income Tax Deduction claim of Employees Contribution to PF or ESI is allowable only if deposited on or before statutory due date under ESI/PF Act: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/250x150_2085811-pf-esi-pf-esi-tax-deduction-taxscan.webp "Income Tax Deduction claim of Employees Contribution to PF or ESI is allowable only if deposited on or before statutory due date under ESI/PF Act: Delhi HC [Read Order]")
Income Tax Deduction u/s 80 P allowable for Interest Earned on Surplus Lending Funds to Banking Business: Calcutta HC [Read Order]
The Calcutta High Court has held that interest earned on surplus lending funds is attributable to banking business and allowable for deduction under section 80 P of the Income Tax Act, 1961. ...
![Income Tax Deduction u/s 80 P allowable for Interest Earned on Surplus Lending Funds to Banking Business: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078144-deduction-us-80p2d-of-income-tax-banking-business-taxscan.webp "Income Tax Deduction u/s 80 P allowable for Interest Earned on Surplus Lending Funds to Banking Business: Calcutta HC [Read Order]")
![ITAT Rules in Favor of Co-op Society: Bank Interest Income Eligible for 80P Deduction [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/500x300_2070979-itat-rules-favor-co-op-society-bank-interest-income-eligible-80p-deduction-taxscan.webp "ITAT Rules in Favor of Co-op Society: Bank Interest Income Eligible for 80P Deduction [Read Order]")
Income Tax Deduction u/s 80HHC Had to Be Given Without Reducing S. 80IB Deduction: Madras HC Follows SC Ruling [Read Order]
The Madras High Court has reaffirmed that deduction under Section 80HHC of the Income Tax Act, 1961 must be granted without reducing the amount allowed under Section 80IB. The first question...
![Income Tax Deduction u/s 80HHC Had to Be Given Without Reducing S. 80IB Deduction: Madras HC Follows SC Ruling [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050629-income-tax-deduction-income-tax-deduction-madras-hc-taxscan.webp "Income Tax Deduction u/s 80HHC Had to Be Given Without Reducing S. 80IB Deduction: Madras HC Follows SC Ruling [Read Order]")
Income Tax Deduction u/s 10AA Cannot Be Denied for Delay in Filing Form 56F: Madras HC Dismisses Revenue's Appeal [Read Order]
The Madras High Court has held that the income tax deduction under Section 10AA cannot be denied on the grounds of delay in the filing of Form 56F. The assessee, Astrotech Steels Private ...
![Income Tax Deduction u/s 10AA Cannot Be Denied for Delay in Filing Form 56F: Madras HC Dismisses Revenues Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/500x300_2043113-madras-hc.webp "Income Tax Deduction u/s 10AA Cannot Be Denied for Delay in Filing Form 56F: Madras HC Dismisses Revenues Appeal [Read Order]")
Comparing Income Tax Deductions/Exemptions under the Old and New Regimes: 80C, 80D, LTA, HRA and More
The Indian tax system continues to effect changes to its tax system every year. One of the most important choices that taxpayers have to make while filing their returns is whether to opt for the old...
