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
![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]")
Exemption allowable u/s 80G to the Charitable Trust: ITAT [Read Order]
The Pune bench of Income Tax Appellate Tribunal (ITAT) presided over by R.S. Syal, Vice President and Accountant Member with Partha Sarathi...
![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]](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]](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]](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]")
Overwhelming Genuine Business Transactions cannot be Disallowed under section 40(3) Income Tax: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench held that the Overwhelming Genuine Business Transactions cannot be Disallowed under section 40(3) Income Tax Act 1961 where the overwhelming...
![Overwhelming Genuine Business Transactions cannot be Disallowed under section 40(3) Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Business-Transactions-Income-Tax-ITAT-taxscan.jpg "Overwhelming Genuine Business Transactions cannot be Disallowed under section 40(3) Income Tax: ITAT [Read Order]")
![Co-Operative Bank Not Obliged to Deduct TDS on Interest Payments to Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Co-Operative-Bank-TDS-Interest-Payments-Members-ITAT-taxscan.jpg "Co-Operative Bank Not Obliged to Deduct TDS on Interest Payments to Members: ITAT [Read Order]")
Proper filing of Form 10 manually with Income Tax Return: ITAT grants exemption u/s 11 of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Pune Bench granted exemption under Section 11 of the Income Tax Act, 1961 on the ground of proper filing of Form 10 manually with Income Tax Return. The...
![Proper filing of Form 10 manually with Income Tax Return: ITAT grants exemption u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Form-10-Income-Tax-Return-ITAT-Income-Tax-Act-taxscan.jpg "Proper filing of Form 10 manually with Income Tax Return: ITAT grants exemption u/s 11 of Income Tax Act [Read Order]")
Construction of House couldn't be Completed Within 3 years, ITAT denies Capital Gain Exemption under Section 54F [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Pune Bench, has recently in an appeal filed before it, held that construction of house if couldn’t be completed within 3 years, the capital gain exemption...
![Construction of House couldnt be Completed Within 3 years, ITAT denies Capital Gain Exemption under Section 54F [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Construction-of-House-ITAT-Capital-Gain-Exemption-taxscan.jpg "Construction of House couldnt be Completed Within 3 years, ITAT denies Capital Gain Exemption under Section 54F [Read Order]")
Segregation of Expenditure not sufficient reason to deny the benefit u/s 35(2AB): ITAT uphold allowance of weighted Deduction of Expenditure on Serum Institute of India
Segregation of Expenditure, not sufficient reason to deny the benefit under section 35(2AB) of the Income Tax Act,1961, ruled the Pune Bench of the Income Tax Appellate Tribunal (ITAT) and upheld the...
Relief to Serum Institute of India, Corporate Guarantee cannot be treated on par with Bank Guarantees: ITAT upholds the order of CIT(A) [Read Order]
As a relief to the serum institute of India, the Pune Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that corporate guarantees cannot be treated on par with Bank Guarantees and upheld...
![Relief to Serum Institute of India, Corporate Guarantee cannot be treated on par with Bank Guarantees: ITAT upholds the order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Serum-Institute-of-India-Corporate-Guarantee-Bank-Guarantees-ITAT-CITA-taxscan.jpg "Relief to Serum Institute of India, Corporate Guarantee cannot be treated on par with Bank Guarantees: ITAT upholds the order of CIT(A) [Read Order]")