ITAT Pune
Explore the latest ITAT Pune judgments, orders, and appellate decisions on direct tax matters from the Pune bench of the Income Tax Appellate Tribunal
ITAT Weekly Round-up
This Round-Up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during September 16...
![Distribution of food to poor people spending on cremation of diseased during Covid-19 by trust: ITAT allows registration u/s 2(15) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Distribution-of-food-poor-people-cremation-of-diseased-Covid-19-ITAT-Income-Tax-Act-registration-taxscan.jpg "Distribution of food to poor people spending on cremation of diseased during Covid-19 by trust: ITAT allows registration u/s 2(15) of Income Tax Act [Read Order]")
![Excess income declared during survey proceedings and credited to P&L Account not to be treated as Unexplained Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Excess-income-survey-proceedings-credited-PL-Account-treated-Unexplained-Income-ITAT-TAXSCAN.jpg "Excess income declared during survey proceedings and credited to P&L Account not to be treated as Unexplained Income: ITAT [Read Order]")
![Assessment order not to be termed erroneous if no addition in respect of cash deposit was made in reassessment proceeding: ITAT deletes addition on grounds of lack of jurisdiction u/s 263 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Assessment-order-erroneous-cash-deposit-reassessment-proceeding-ITAT-grounds-lack-jurisdiction-taxscan.jpg "Assessment order not to be termed erroneous if no addition in respect of cash deposit was made in reassessment proceeding: ITAT deletes addition on grounds of lack of jurisdiction u/s 263 [Read Order]")
![Cancellation of Registration of Trust u/s 12 AB of Income Tax Act due to Failure of Assessee to Furnish Genuiness of Activities: ITAT orders Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Cancellation-of-Registration-of-Trust-Income-Tax-Act-Cancellation-Failure-of-Assessee-to-Furnish-Genuiness-of-Activities-ITAT-orders-Re-Adjudication-Re-Adjudication-taxscan.jpg "Cancellation of Registration of Trust u/s 12 AB of Income Tax Act due to Failure of Assessee to Furnish Genuiness of Activities: ITAT orders Re-Adjudication [Read Order]")
Additional Income under excess stocks treated as 'business income' does not attract the provisions u/s 69B of Income Tax Act: ITAT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) held that the Commissioner of Income Tax (Appeals) [CIT(A)] was not justified in confirming the order of Assessing Officer (AO) in excluding the...
![Additional Income under excess stocks treated as business income does not attract the provisions u/s 69B of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Additional-Income-under-excess-stocks-treated-business-income-Income-Tax-Act-ITAT-TAXSCAN.jpg "Additional Income under excess stocks treated as business income does not attract the provisions u/s 69B of Income Tax Act: ITAT [Read Order]")
Amount of Subsidy received towards Investment made in expansion of Industrial unit shall be Characterized as Capital receipt: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the amount of subsidy received towards investment made in the expansion of industrial units shall be characterized as capital...
![Amount of Subsidy received towards Investment made in expansion of Industrial unit shall be Characterized as Capital receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Amount-of-Subsidy-received-Investment-made-in-expansion-of-Industrial-unit-Amount-of-Subsidy-expansion-of-Industrial-unit-Capital-receipt-ITAT-taxscan.jpg "Amount of Subsidy received towards Investment made in expansion of Industrial unit shall be Characterized as Capital receipt: ITAT [Read Order]")
Failure of AO to Consider Sale of Scrap is Erroneous and Prejudicial to Interest of Revenue: ITAT Allows Exercise of Revisionary Power to PCIT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) held that failure of Assessing Officer (AO) in non-consideration of sale of scrap in the total revenue is erroneous and prejudicial to interest...
![Failure of AO to Consider Sale of Scrap is Erroneous and Prejudicial to Interest of Revenue: ITAT Allows Exercise of Revisionary Power to PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Failure-of-AO-to-Consider-Sale-of-Scrap-Interest-of-Revenue-Sale-of-Scrap-ITAT-Allows-Exercise-of-Revisionary-Power-to-PCIT-ITAT-taxscan.jpg "Failure of AO to Consider Sale of Scrap is Erroneous and Prejudicial to Interest of Revenue: ITAT Allows Exercise of Revisionary Power to PCIT [Read Order]")
Income Tax Payable Fully Adjusted Against Refund for Subsequent AY: ITAT Condones Delay of 85 Days [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) condoned delay of 85 days and held that payment of income tax in Assessment Year (AY) 2022-23, considered as complete adjustment of return...
![Income Tax Payable Fully Adjusted Against Refund for Subsequent AY: ITAT Condones Delay of 85 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Re-calculation-of-Refund-Receivable-to-Claim-Interest-on-Refunds-ITAT-Condones-Delay-TAXSCAN.jpg "Income Tax Payable Fully Adjusted Against Refund for Subsequent AY: ITAT Condones Delay of 85 Days [Read Order]")
Taxpayer should be given Reasonable Opportunity to provide his Submission as per the Principles of Nature Justice: ITAT directs Readjudication [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the Income-tax Act is a welfare legislation and even principles of natural justice demands that the taxpayer/assessee should be...
![Taxpayer should be given Reasonable Opportunity to provide his Submission as per the Principles of Nature Justice: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Taxpayer-Reasonable-Opportunity-Submission-Principles-of-Nature-Justice-ITAT-directs-Readjudication-Readjudication-ITAT-taxscan.jpg "Taxpayer should be given Reasonable Opportunity to provide his Submission as per the Principles of Nature Justice: ITAT directs Readjudication [Read Order]")
Fraudulent Refund by Increasing Deductions and Reducing Taxable Income is Fraud committed against Dept to Evade Income Tax: ITAT upholds Penalty [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal upheld a penalty for misreporting income and suppressed gross total income and inflated deduction claims under chapter VI-A of the Income Tax Act,...
![Fraudulent Refund by Increasing Deductions and Reducing Taxable Income is Fraud committed against Dept to Evade Income Tax: ITAT upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Fraudulent-Refund-Increasing-Deductions-and-Reducing-Taxable-Income-is-Fraud-committed-Dept-to-Evade-Income-Tax-ITAT-Upholds-Penalty-TAXSCAN.jpg "Fraudulent Refund by Increasing Deductions and Reducing Taxable Income is Fraud committed against Dept to Evade Income Tax: ITAT upholds Penalty [Read Order]")
CIT(A) upholds addition of VSI Contribution and Sale of Sugar at Concessional Rate without appreciating Facts and Law: ITAT directs Fresh Adjudication [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that relief Granted by deleting one Addition doesn't mean to deny all other reliefs. The appellant is a Cooperative Society engaged...
![CIT(A) upholds addition of VSI Contribution and Sale of Sugar at Concessional Rate without appreciating Facts and Law: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/CITA-CITA-upholds-addition-CITA-upholds-addition-of-VSI-CITA-upholds-addition-of-VSI-Contribution-taxscan.jpg "CIT(A) upholds addition of VSI Contribution and Sale of Sugar at Concessional Rate without appreciating Facts and Law: ITAT directs Fresh Adjudication [Read Order]")