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
![Education Cess including Secondary and Higher Secondary Education Cess is not allowable as a Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Education-Cess-Secondary-Education-Cess-Higher-Secondary-Education-Cess-Deduction-ITAT-taxscan.jpg "Education Cess including Secondary and Higher Secondary Education Cess is not allowable as a Deduction: ITAT [Read Order]")
Education Cess including Secondary and Higher Secondary Education Cess is not allowable as a Deduction: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the education Cess including secondary and higher secondary education cess...
![Expenditure incurred during setting up of New Business and its Commencement is allowable as a Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Expenditure-Business-Deduction-ITAT-taxscan.jpg "Expenditure incurred during setting up of New Business and its Commencement is allowable as a Deduction: ITAT [Read Order]")
![Amount Received as Compensation for Pre-closure of BOT projects is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Amount-Compensation-BOT-projects-Capital-Receipt-ITAT-Taxscan.jpg "Amount Received as Compensation for Pre-closure of BOT projects is Capital Receipt: ITAT [Read Order]")
![Employee’s contribution towards PF has to be Deposited before due date mentioned in Employee’s Provident Funds and Miscellaneous Provisions Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Employees-contribution-towards-PF-has-to-be-Deposited-before-due-date-mentioned-in-Employees-Provident-Funds-and-Miscellaneous-Provisions-Act-ITAT-TAXSCAN.jpg "Employee’s contribution towards PF has to be Deposited before due date mentioned in Employee’s Provident Funds and Miscellaneous Provisions Act: ITAT [Read Order]")
![Addition u/s 68 based on Cash Deposit not allowable in the Absence of Corroborative Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Addition-Cash-Deposit-not-allowable-in-the-Absence-of-Corroborative-Evidence-ITAT-TAXSCAN.jpg "Addition u/s 68 based on Cash Deposit not allowable in the Absence of Corroborative Evidence: ITAT [Read Order]")
Repairs and Maintenance Expenditure in Rented Showroom and Workshop amounts to Revenue Expenditure, can allow Disallowance u/s 30(a )(i): ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has held that repairs and maintenance expenditure in rented showrooms and workshop amounts to revenue expenditure and can allow...
![Repairs and Maintenance Expenditure in Rented Showroom and Workshop amounts to Revenue Expenditure, can allow Disallowance u/s 30(a )(i): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Repairs-and-Maintenance-Rented-Showroom-Workshop-Revenue-Expenditure-Repairs-Maintenance-taxscan.jpg "Repairs and Maintenance Expenditure in Rented Showroom and Workshop amounts to Revenue Expenditure, can allow Disallowance u/s 30(a )(i): ITAT [Read Order]")
![Exemption allowable u/s 80G to the Charitable Trust: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Exemption-Charitable-Trust-ITAT-taxscan.jpg "Exemption allowable u/s 80G to the Charitable Trust: ITAT [Read Order]")
Forex Fluctuations Export/Imports can be treated as Operating Cost: ITAT grants Relief to Dana India Ltd [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench, constituted of the Vice President of ITAT, Pune alongside being an Accountant Member Ravinder Singh Syal, and a Judicial Member Partha Sarathy...
![Forex Fluctuations Export/Imports can be treated as Operating Cost: ITAT grants Relief to Dana India Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Forex-Fluctuations-Export-Imports-Operating-Cost-ITAT-Dana-India-Ltd-Income-Tax-taxscan-.jpg "Forex Fluctuations Export/Imports can be treated as Operating Cost: ITAT grants Relief to Dana India Ltd [Read Order]")
One percentage Disallowance is reasonable on Fraudulent Capital Gain obtained by Manipulating Stock Broker: ITAT [Read Order]
The Pune bench of Income Tax Appellate Tribunal ( ITAT ) has held that one percentage disallowance is reasonable on fraudulent Capital gain obtained by manipulating stock broker Dineshkumar R....
![One percentage Disallowance is reasonable on Fraudulent Capital Gain obtained by Manipulating Stock Broker: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Fraudulent-Capital-Gain-Capital-Gain-Fraudulent-Manipulating-Stock-Broker-Stock-Broker-ITAT-taxscan.jpg "One percentage Disallowance is reasonable on Fraudulent Capital Gain obtained by Manipulating Stock Broker: ITAT [Read Order]")
Income Tax Exemption cannot be granted since Share Transactions found as Sham and Used as a Device to Make Undisclosed Income Accountable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench recently in an appeal held that income tax exemption cannot be granted since share transactions are found as sham and used as a device to make...
![Income Tax Exemption cannot be granted since Share Transactions found as Sham and Used as a Device to Make Undisclosed Income Accountable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Exemption-income-Share-Transactions-Undisclosed-Income-Income-tax-ITAT-taxscan.jpg "Income Tax Exemption cannot be granted since Share Transactions found as Sham and Used as a Device to Make Undisclosed Income Accountable: ITAT [Read Order]")
ITAT refuses to Condones delay of 1315 days in filing appeal in the absence of reasonable cause [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) refuses to condones delay of 1315 days in filing appeal in the absence of reasonable cause. The ITAT bench comprising of Shri S S...
![ITAT refuses to Condones delay of 1315 days in filing appeal in the absence of reasonable cause [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/ITAT-Condones-delay-appeal-reasonable-cause-taxscan.jpg "ITAT refuses to Condones delay of 1315 days in filing appeal in the absence of reasonable cause [Read Order]")
AO failed to record the satisfaction envisaged u/s 14A(2): ITAT deletes proceedings against Serum Institute of India [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) deleted proceedings against Serum Institute of India by upholding the order of CIT(A) which deletes the disallowance as the AO failed to...
![AO failed to record the satisfaction envisaged u/s 14A(2): ITAT deletes proceedings against Serum Institute of India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/AO-ITAT-Serum-Institute-of-India-taxscan.jpg "AO failed to record the satisfaction envisaged u/s 14A(2): ITAT deletes proceedings against Serum Institute of India [Read Order]")