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
![Deduction u/s 35 (2AB) can invoke only for expenditure incurred R&D facility inside India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Deduction-expenditure-RD-facility-inside-India-ITAT-Taxscan.jpeg "Deduction u/s 35 (2AB) can invoke only for expenditure incurred R&D facility inside India: ITAT [Read Order]")
Deduction u/s 35 (2AB) can invoke only for expenditure incurred R&D facility inside India: ITAT [Read Order]
The Pune bench Income Tax Appellate Tribunal (ITAT) has held that deduction u/s 35(2AB) can allow only for expenditure incurred R&D facility in...
![Income Tax Penalty cannot be levied on Voluntarily Surrendered Income during Survey: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Penalty-levied-Voluntarily-surrendered-Income-Survey-ITAT-Taxscan.jpg "Income Tax Penalty cannot be levied on Voluntarily Surrendered Income during Survey: ITAT [Read Order]")
![Sec 269T of Income Tax Act restricting Cash Transactions above Rs. 20,000 not applicable to Repayment of Loans: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Act-Cash-Transactions-Repayment-of-Loans-ITAT-Taxscan.jpg "Sec 269T of Income Tax Act restricting Cash Transactions above Rs. 20,000 not applicable to Repayment of Loans: ITAT [Read Order]")
![Development Expenditure on Sale of Land not Deductible without Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Development-Expenditure-Sale-of-Land-Deductible-Evidence-ITAT-Taxscan.jpeg "Development Expenditure on Sale of Land not Deductible without Evidence: ITAT [Read Order]")
![Genuineness of Transaction needs to prove to invoke Tax Exemption under Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Genuineness-transaction-Tax-Exemption-Income-Tax-ITAT-Taxscan.jpeg "Genuineness of Transaction needs to prove to invoke Tax Exemption under Income Tax: ITAT [Read Order]")
Product Development Expenditure is ‘Revenue’ in Nature: ITAT allows Income Tax Deduction [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the expenditure incurred on testing and validation of the products is revenue in nature to allow deduction under the provisions of...
![Product Development Expenditure is ‘Revenue’ in Nature: ITAT allows Income Tax Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Product-Development-Expenditure-Revenue-Nature-ITAT-Deduction-Taxscan.jpeg "Product Development Expenditure is ‘Revenue’ in Nature: ITAT allows Income Tax Deduction [Read Order]")
Section 131 of the Income Tax Act can invoke only with Corroborative Evidence: ITAT sets aside Order of Commissioner [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench consisting of Shri S S Viswanethra Ravi, Judicial Member and Inturi Rama Rao has held that Section 131 of the Income Tax Act can invoke only with...
![Section 131 of the Income Tax Act can invoke only with Corroborative Evidence: ITAT sets aside Order of Commissioner [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Act-corroborative-evidence-ITAT-order-of-Commissioner-Taxscan.jpg "Section 131 of the Income Tax Act can invoke only with Corroborative Evidence: ITAT sets aside Order of Commissioner [Read Order]")
When there is No Clear Documentary Evidence to Prove Identity of Assessee, the Burden of Proof lies on him claiming the benefit: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune bench consisting of Partha Sarathi Chaudhury, Judicial Member and Dr. Dipak P. Ripote, Accountant Member held that when there is no clear documentary...
![When there is No Clear Documentary Evidence to Prove Identity of Assessee, the Burden of Proof lies on him claiming the benefit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Documentary-Evidence-ProveIdentity-of-Assessee-Burden-Proof-lies-claiming-benefit-ITAT-Taxscan.jpg "When there is No Clear Documentary Evidence to Prove Identity of Assessee, the Burden of Proof lies on him claiming the benefit: ITAT [Read Order]")
Difference in MRP and Price sold to Stockists do not constitute ‘Commission’, No TDS: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT), Pune bench has held that the difference between the MRP and the price sold to Stockists, cannot be considered as commission or brokerage...
![Difference in MRP and Price sold to Stockists do not constitute ‘Commission’, No TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/MRP-and-Price-Stockists-constitute-Commission-TDS-ITAT-Taxscan.jpeg "Difference in MRP and Price sold to Stockists do not constitute ‘Commission’, No TDS: ITAT [Read Order]")
Sec 54B Exemption not Available If Assessee purchased New Land in the name of Sons out of Sale Proceeds: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the exemption under section 54B of the Income Tax Act, 1961 is not available if the assessee purchased new agricultural land in the...
![Sec 54B Exemption not Available If Assessee purchased New Land in the name of Sons out of Sale Proceeds: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/S.-54B-Exemption-Assessee-purchased-New-Land-Sons-out-Sale-Proceeds-ITAT-taxscan-1.jpeg "Sec 54B Exemption not Available If Assessee purchased New Land in the name of Sons out of Sale Proceeds: ITAT [Read Order]")
![Interest on Security Deposit with MSEDCL eligible for Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Interest-Security-Deposit-MSEDCL-eligible-Income-Tax-Deduction-ITAT-Taxscan.jpg "Interest on Security Deposit with MSEDCL eligible for Income Tax Deduction: ITAT [Read Order]")
CIT(A) is expected to decide Appeal with reasons determining the points u/s 250(6) of the Income Tax Act: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal has held that under section 250(6) of the Income Tax Act, the CIT(A) is expected to decide the appeal with reasons determining the points thereon. ...
![CIT(A) is expected to decide Appeal with reasons determining the points u/s 250(6) of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/CITA-appeal-Income-Tax-Act-ITAT-Taxscan.jpg "CIT(A) is expected to decide Appeal with reasons determining the points u/s 250(6) of the Income Tax Act: ITAT [Read Order]")