![Incorrect Amount of Expenses in Form 3CD due to Typographical Error, No Income Tax Addition:Â ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Incorrect-Amount-of-Expenses-in-Form-3CD-Typographical-Error-Income-Tax-Addition-ITAT-TAXSCAN.jpg "Incorrect Amount of Expenses in Form 3CD due to Typographical Error, No Income Tax Addition:Â ITAT [Read Order]")
Incorrect Amount of Expenses in Form 3CD due to Typographical Error, No Income Tax Addition:Â ITAT [Read Order]
The Chennai Income Tax Appellate Tribunal (ITAT) explained that a typographical error in mentioning the incorrect amount of expenses in Form 3CD does...
![Taxpayer Filed Copy of Bills and Bank Transaction Evidences: ITAT allows 40 lakhs Addition while Calculating LTCG from Property Sale [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-income-tax-acts-in-2024-ITAT-ruling-on-LTCG-addition-Long-term-capital-gain-TAXSCAN.jpg "Taxpayer Filed Copy of Bills and Bank Transaction Evidences: ITAT allows 40 lakhs Addition while Calculating LTCG from Property Sale [Read Order]")
![Timeline Prescribed for Filing Form No. 10AB for recognition u/s 12 A of Income Tax Act has been Extended up to 30.09.2023: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-Tax-Act-section-12A-of-the-Income-Tax-Act-Tax-updates-ITAT-chennai-taxscan.jpg "Timeline Prescribed for Filing Form No. 10AB for recognition u/s 12 A of Income Tax Act has been Extended up to 30.09.2023: ITAT allows Appeal [Read Order]")
![AO failure to Re-computing Book Profit u/s 115 JB of Income Tax Act: ITAT directs AO to deletes addition of Rs. 4.71 crore [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-tax-ITAT-Income-tax-act-Tax-news-Taxscan.jpg "AO failure to Re-computing Book Profit u/s 115 JB of Income Tax Act: ITAT directs AO to deletes addition of Rs. 4.71 crore [Read Order]")
![Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Chennai-ITAT-Income-tax-Time-barred-appeal-Income-tax-news-taxscan.jpg "Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]")
ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has allowed Union Bank of India to claim deduction under Section 80P (2) (a) (i) for dividends received from cooperative bank shares. ...
![ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Union-Bank-of-India-us-80P-2ai-Dividends-Co-operative-Bank-Shares-TAXSCAN-1.jpg "ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]")
![Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Delay-of-726-Days-ITAT-Appeal-taxscan.jpg "Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]")
ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has allowed Union Bank of India to claim deduction under Section 80P (2) (a) (i) for dividends received from cooperative bank shares. ...
![ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Deduction-to-Union-Bank-of-India-u-s-80P-2ai-for-Dividends-Co-operative-Bank-Shares-TAXSCAN.jpg "ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]")
Form No. 10AB Timeline Extension for S.12A Recognition is Deemed Extension for Approval Renewal u/s 80G (iii) First Provison of Income Tax Act: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) noted that the extension timeline provided in Form No. 10AB for Section 12A recognition was deemed to be an extension for the approval...
![Form No. 10AB Timeline Extension for S.12A Recognition is Deemed Extension for Approval Renewal u/s 80G (iii) First Provison of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Form-No.-10AB-Timeline-Extension-S.12A-Recognition-Deemed-Extension-Approval-Renewal-First-Provison-Income-Tax-ITAT-taxscan.jpg "Form No. 10AB Timeline Extension for S.12A Recognition is Deemed Extension for Approval Renewal u/s 80G (iii) First Provison of Income Tax Act: ITAT [Read Order]")
Deduction u/s 80 IA of Income Tax Act not allowed to Enterprise carrying Civil Contract Work for Developer of Infrastructure facility: ITAT [Read Order]
In a recent ruling the Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) observed that the deduction under Section 80 IA of the Income Tax Act, 1961 is not allowed to enterprise carrying...
![Deduction u/s 80 IA of Income Tax Act not allowed to Enterprise carrying Civil Contract Work for Developer of Infrastructure facility: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Chennai-Income-Tax-Infrastructure-development-taxscan.jpg "Deduction u/s 80 IA of Income Tax Act not allowed to Enterprise carrying Civil Contract Work for Developer of Infrastructure facility: ITAT [Read Order]")
Trust mistakenly applies for Registration u/s 12A (1)(ac)(ii) instead of 12A(1)(ac)(iii) of Income Tax Act: ITAT directs Readjudication [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) sets aside the order of the Commissioner of Income Tax (Exemption) [(CIT(E)] and directs re-adjudication after a trust mistakenly...
![Trust mistakenly applies for Registration u/s 12A (1)(ac)(ii) instead of 12A(1)(ac)(iii) of Income Tax Act: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Income-tax-news-Commissioner-of-Income-Tax-Trust-registration-Trust-taxation-Trust-taxing-mistake-taxscan.jpg "Trust mistakenly applies for Registration u/s 12A (1)(ac)(ii) instead of 12A(1)(ac)(iii) of Income Tax Act: ITAT directs Readjudication [Read Order]")