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
![No Live Link b/w AIR Information and AO’s Finding that Assessee is Beneficiary of Fraudulent Transactions: ITAT Quashes Re-Assessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Live-Link-between-AIR-Information-and-AOs-Finding-AIR-Information-Assessee-is-Beneficiary-of-Fraudulent-Transactions-ITAT-Re-Assessment-Proceedings-Taxscan.jpg "No Live Link b/w AIR Information and AO’s Finding that Assessee is Beneficiary of Fraudulent Transactions: ITAT Quashes Re-Assessment Proceedings [Read Order]")
No Live Link b/w AIR Information and AO’s Finding that Assessee is Beneficiary of Fraudulent Transactions: ITAT Quashes Re-Assessment Proceedings [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that Mere ground of being benefitted from fraudulent transaction doesn't prove being...
![No Variation in Returned Income and Assessable Income: Penalty u/s 271(1)(c) of Income Tax Act Not Leviable, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Variation-in-Returned-Income-and-Assessable-Income-Returned-Income-Assessable-Income-Income-Tax-ITAT-Taxscan.jpg "No Variation in Returned Income and Assessable Income: Penalty u/s 271(1)(c) of Income Tax Act Not Leviable, rules ITAT [Read Order]")
![Excess Stock and Excess Cash found during Survey Proceedings are recorded in Books of Account: ITAT Upholds surrendered income as Business Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Excess-Stock-Excess-Cash-found-during-Survey-Proceedings-are-recorded-in-Books-of-Account-ITAT-Upholds-surrendered-income-as-Business-Income-.jpg "Excess Stock and Excess Cash found during Survey Proceedings are recorded in Books of Account: ITAT Upholds surrendered income as Business Income [Read Order]")
![Revisionary Powers u/s 263 of Income Tax Act not prevails if AO Conducts Inquiry and Verification during Assessment: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Revisionary-Powers-Income-Tax-Act-not-prevails-if-AO-Conducts-Inquiry-and-Verification-during-Assessment-ITAT-quashes-Revision-Order-TAXSCAN.jpg "Revisionary Powers u/s 263 of Income Tax Act not prevails if AO Conducts Inquiry and Verification during Assessment: ITAT quashes Revision Order [Read Order]")
![Incorrect Claim of Deduction or Expenses Made in ITR does not Amount to Concealment of Income or Furnishing Inaccurate Particulars: ITAT sets aside NFAC Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Incorrect-Claim-Incorrect-Claim-of-Deduction-Incorrect-Claim-Deduction-Expenses-taxscan.jpg "Incorrect Claim of Deduction or Expenses Made in ITR does not Amount to Concealment of Income or Furnishing Inaccurate Particulars: ITAT sets aside NFAC Order [Read Order]")
Amount given for Admission is not Donation to Charitable Trust: ITAT Confirms Income Tax Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench, confirmed the income tax addition of 6 Lakhs given for the admission in college is not donation to charitable trust and thus is taxable. The...
![Amount given for Admission is not Donation to Charitable Trust: ITAT Confirms Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Amount-given-for-Admission-is-not-Donation-to-Charitable-Trust-ITAT-Confirms-Income-Tax-Addition-TAXSCAN.jpg "Amount given for Admission is not Donation to Charitable Trust: ITAT Confirms Income Tax Addition [Read Order]")
ITAT Upholds Addition made u/s.115BBC of Income Tax Act as Anonymous Donations due to Defects in Maintaining record by Public Trust Society [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) upheld the addition made under section 115BBC of the Income Tax Act, 1961 as Anonymous donations due to defects in maintaining record by the...
![ITAT Upholds Addition made u/s.115BBC of Income Tax Act as Anonymous Donations due to Defects in Maintaining record by Public Trust Society [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Upholds-Addition-ITAT-Addition-Income-Tax-Act-Anonymous-Donations-due-to-Defects-in-Maintaining-record-by-Public-Trust-Society-Taxscan.jpg "ITAT Upholds Addition made u/s.115BBC of Income Tax Act as Anonymous Donations due to Defects in Maintaining record by Public Trust Society [Read Order]")
Addition made on Account of Sundry Creditors Balance due to Improper Explanation on part of Assessee: ITAT Directs Re-adjudication [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the addition made on account of sundry creditors' balances due to improper explanation on...
![Addition made on Account of Sundry Creditors Balance due to Improper Explanation on part of Assessee: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Addition-made-on-Account-of-Sundry-Creditors-Balance-ITAT-Directs-Re-adjudication-Re-adjudication-ITAT-Sundry-Creditors-Balance-taxscan.jpg "Addition made on Account of Sundry Creditors Balance due to Improper Explanation on part of Assessee: ITAT Directs Re-adjudication [Read Order]")
ITAT upholds Addition made by AO on Money Receipts on ground of Seizure of Relevant Documents u/s 292C of Income Tax Act [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) upheld the addition made by the assessing officer on money receipts on the ground of seizure of relevant documents under section 292C of the...
![ITAT upholds Addition made by AO on Money Receipts on ground of Seizure of Relevant Documents u/s 292C of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-upheld-addition-assessing-officer-Income-Tax-Act-money-receipts-assessee-relevant-documents-income-tax-taxscan.jpg "ITAT upholds Addition made by AO on Money Receipts on ground of Seizure of Relevant Documents u/s 292C of Income Tax Act [Read Order]")
ITAT Upholds Rejection of Claim of Exemption u/s 80G of Income Tax Act due to Utilisation of Income for Religious Expenses More than Prescribed Limit. [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) upheld the rejection of the claim of exemption under section 80G of the Income Tax Act,1961 due to utilization of income for religious...
![ITAT Upholds Rejection of Claim of Exemption u/s 80G of Income Tax Act due to Utilisation of Income for Religious Expenses More than Prescribed Limit. [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Upholds-Rejection-of-Claim-of-Exemption-of-Income-Tax-Act-due-to-Utilisation-of-Income-for-Religious-Expenses-More-than-Prescribed-Limit-TAXSCAN.jpg "ITAT Upholds Rejection of Claim of Exemption u/s 80G of Income Tax Act due to Utilisation of Income for Religious Expenses More than Prescribed Limit. [Read Order]")
Compensation paid by Builder for Delay in Handing over Possession of Flat is part of Work-In-Progress: ITAT allows Deduction [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the compensation paid by the builder for delay in handing over the possession of the flat is a part of a work-in-progress, thus,...
![Compensation paid by Builder for Delay in Handing over Possession of Flat is part of Work-In-Progress: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Compensation-paid-Builder-for-Delay-in-Handing-over-Possession-of-Flat-Possession-of-Flat-Work-In-Progress-ITAT-allows-Deduction-taxscan.jpg "Compensation paid by Builder for Delay in Handing over Possession of Flat is part of Work-In-Progress: ITAT allows Deduction [Read Order]")
Compulsory Acquisition of Agricultural Land will not Attract Capital Gains which Chargeable to Tax: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the compulsory acquisition of agricultural land will not attract the capital gains which was chargeable to tax calculation. ...
![Compulsory Acquisition of Agricultural Land will not Attract Capital Gains which Chargeable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Compulsory-Acquisition-of-Agricultural-Land-Capital-Gains-which-Chargeable-to-Tax-ITAT-TAXSCAN.jpg "Compulsory Acquisition of Agricultural Land will not Attract Capital Gains which Chargeable to Tax: ITAT [Read Order]")