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
![Subsidy Received under Grain Distillery Scheme is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Subsidy-Taxscan.jpg "Subsidy Received under Grain Distillery Scheme is Capital Receipt: ITAT [Read Order]")
Subsidy Received under Grain Distillery Scheme is Capital Receipt: ITAT [Read Order]
In a series of cross-appeals, The Income Tax Appellate Tribunal (ITAT) Pune on April 4th, ruled that subsidy received under Grain Distillery Scheme...
![Penalty can’t be levied on the basis of Vague Charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty can’t be levied on the basis of Vague Charges: ITAT [Read Order]")
![Professional Fee paid to Trustees who are Doctors allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Professional-Fee-Business-Expenditure-Taxscan.jpg "Professional Fee paid to Trustees who are Doctors allowable as Deduction: ITAT [Read Order]")
![Partners can’t be Taxed for the Transaction made by Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Partners-ITAT-Taxscan.jpg "Partners can’t be Taxed for the Transaction made by Firm: ITAT [Read Order]")
![Provisos to Section 50C inserted by FA 2017 Retrospectively Applicable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Cross-Examination-ITAT-Taxscan.jpg "Provisos to Section 50C inserted by FA 2017 Retrospectively Applicable: ITAT [Read Order]")
![Jirayat Land is Cultivable Land: ITAT grants Tax Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/Jirayat-Land-ITAT-Taxscan.jpg "Jirayat Land is Cultivable Land: ITAT grants Tax Exemption [Read Order]")
Income Tax Exemption can’t be allowed on Failure of Deposit in Capital Gains Scheme Account before ITR Due Date: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the income tax exemption under section 54 cannot be allowable if the assessee failed to deposit the amount in the capital gains...
![Income Tax Exemption can’t be allowed on Failure of Deposit in Capital Gains Scheme Account before ITR Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Tax-Exemptions-Tax-Scan.jpg "Income Tax Exemption can’t be allowed on Failure of Deposit in Capital Gains Scheme Account before ITR Due Date: ITAT [Read Order]")
![ITAT allows Capital Gain Exemption for purchase of Agricultural Land in Son’s Name [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "ITAT allows Capital Gain Exemption for purchase of Agricultural Land in Son’s Name [Read Order]")
No Penalty for Cash Payment made out of Money from Unorganized Finance Sector due to Insistence of Lenders: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that no penalty under section 271D of the Income Tax Act can be levied for cash transactions above the permitted limit if such...
![No Penalty for Cash Payment made out of Money from Unorganized Finance Sector due to Insistence of Lenders: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Cash-Payments.jpg "No Penalty for Cash Payment made out of Money from Unorganized Finance Sector due to Insistence of Lenders: ITAT [Read Order]")
Date of Possession of Flat is the Date of Actual Purchase for claiming S. 54F Exemption: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Pune bench has held that the date of possession of flat is the date of actual purchase for the purpose of claiming exemption under section 54F of the Income...
![Date of Possession of Flat is the Date of Actual Purchase for claiming S. 54F Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Property-Tax-Taxscan.jpg "Date of Possession of Flat is the Date of Actual Purchase for claiming S. 54F Exemption: ITAT [Read Order]")
Section 54F Benefit not available If Assessee failed to deposit the unutilized amount in Capital Gains Scheme Account: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the benefit of section 54F of the Income Tax Act is not available to the assessee on failure of depositing the unutilized...
![Section 54F Benefit not available If Assessee failed to deposit the unutilized amount in Capital Gains Scheme Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/deduction-Section-54F-Taxscan.jpg "Section 54F Benefit not available If Assessee failed to deposit the unutilized amount in Capital Gains Scheme Account: ITAT [Read Order]")