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
![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]")
Jirayat Land is Cultivable Land: ITAT grants Tax Exemption [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the Jirayat land is cultivable land and therefore, can be treated as agricultural...
![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]")
![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]")
![Purchases can’t be treated as Bogus If Dept has not discarded Sales: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Bogus-Purchases-Taxscan.jpg "Purchases can’t be treated as Bogus If Dept has not discarded Sales: ITAT [Read Order]")
![Payment to Amazon for Web-Hosting not ‘Royalty’, No TDS Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/Amazon-Taxscan.jpg "Payment to Amazon for Web-Hosting not ‘Royalty’, No TDS Liability: ITAT [Read Order]")
![EOU can claim Deduction of Interest Earned on Fixed Deposits u/s 10A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Income-Tax-Deduction-Taxscan-1.jpg "EOU can claim Deduction of Interest Earned on Fixed Deposits u/s 10A: ITAT [Read Order]")
Slump Price paid to Acquire Business has to be Bifurcated between Tangible and Intangible Assets for allowing Depreciation: ITAT [Read Order]
Pune bench of the Income Tax Appellate Tribunal (ITAT) recently held that slump price paid to acquire a business has to be bifurcated between both tangible and intangible assets for the purpose of...
![Slump Price paid to Acquire Business has to be Bifurcated between Tangible and Intangible Assets for allowing Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Slump Price paid to Acquire Business has to be Bifurcated between Tangible and Intangible Assets for allowing Depreciation: ITAT [Read Order]")
![ITAT Pune allows Expenditure of PF Contribution in respect of Contractual Labours [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/EPF-Organisation-Taxscan.jpg "ITAT Pune allows Expenditure of PF Contribution in respect of Contractual Labours [Read Order]")
Ex-Gratia Payments to Retiring Employees are ‘Profits in Lieu of Salary’: ITAT Pune allows Deduction [Read Order]
While allowing deduction under Section 37(1) of Income Tax Act to the assessee, Prathamik Shikshak Sahakari Bank Ltd, the Pune bench of the ITAT held that ex-gratia payment made to the retiring...
![Ex-Gratia Payments to Retiring Employees are ‘Profits in Lieu of Salary’: ITAT Pune allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Cash-Payments.jpg "Ex-Gratia Payments to Retiring Employees are ‘Profits in Lieu of Salary’: ITAT Pune allows Deduction [Read Order]")