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
![Tangible Information to form belief of Escapement of Income: ITAT validates Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Escapement-of-Income-ITAT-Re-Assessment-taxscan.jpg "Tangible Information to form belief of Escapement of Income: ITAT validates Re-Assessment [Read Order]")
Tangible Information to form belief of Escapement of Income: ITAT validates Re-Assessment [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench validated re assessment on the ground that there was tangible information to form belief of...
![Builder not liable to Pay Notional Rent on Residential Assets held as Stock-in-Trade: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Builder-Residential-Assets-Notional-Rent-Notional-Rent-on-Residential-Assets-Stock-in-Trade-ITAT-Income-Tax-Addition-taxscan-.jpg "Builder not liable to Pay Notional Rent on Residential Assets held as Stock-in-Trade: ITAT deletes Income Tax Addition [Read Order]")
![ITAT quashes Disallowance of Customs Duty Drawback written-off relating to preceding Assessment Years ‘as prior period item’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-Customs-Duty-Customs-Customs-Duty-Drawback-written-off-Assessment-Assessment-Years-Taxscan.jpg "ITAT quashes Disallowance of Customs Duty Drawback written-off relating to preceding Assessment Years ‘as prior period item’ [Read Order]")
![Taxing of Bogus Purchase GP rate violates Income Tax Act,100% disallowance towards Bogus /Hawala Purchase is valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Taxing-Bogus-Purchase-GP-rate-Income-Tax-Act-Income-Tax-Tax-Bogus-Hawala-Purchase-ITAT-taxscan.jpg "Taxing of Bogus Purchase GP rate violates Income Tax Act,100% disallowance towards Bogus /Hawala Purchase is valid: ITAT [Read Order]")
![Commission Agent not obliged to get Account Audited, Penalty u/s 271 B not leviable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Commission-Agent-Account-Audited-Audit-Penalty-ITAT-Taxscan.jpg "Commission Agent not obliged to get Account Audited, Penalty u/s 271 B not leviable: ITAT [Read Order]")
Deduction u/s 36(1)(va) not allowable When Assessee failed to Deposit Employee's Contribution to PF within due date: ITAT
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that deduction under section 36(1)(va) of the Income Tax Act,1961 is not allowable when the assessee failed to deposit employee's...
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 is not allowable as deduction. CC Engineers Pvt....
![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]")
Expenditure incurred during setting up of New Business and its Commencement is allowable as a Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench has held that expenditure incurred during the setting up of the new business and its commencement is allowable as a deduction. The appellant,...
![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]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that Employee’s contribution towards PF has to be deposited before the due date mentioned in the Employees’ Provident Funds and...
![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]
The Pune bench of the Income Tax Appellate Tribunal(ITAT) has held that addition under section 68 of the Income Tax Act,1961 based on Cash deposit is not allowable in the absence of the...
![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]")