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
![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]")
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...
![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]")
Benefit of S. 11 would not be denied on the Entire Income of Trust on Ground of Investments in Mutual Funds: ITAT Pune [Read Order]
In a recent ruling, the Pune bench of the ITAT held that the benefit of section 11 of the Income Tax Act would not be denied on the entire income of a Trust merely on ground of investments in Mutual...
![Benefit of S. 11 would not be denied on the Entire Income of Trust on Ground of Investments in Mutual Funds: ITAT Pune [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Benefit of S. 11 would not be denied on the Entire Income of Trust on Ground of Investments in Mutual Funds: ITAT Pune [Read Order]")
Sale of SIM cards/Recharge Coupons at discounted rate to distributors is not ‘Commission’: ITAT Pune [Read Order]
In recent decision, the division bench of the Pune ITAT allowed the appeal of the Vodafone Cellular Ltd and held that the sale of SIM cards/recharge coupons at discounted rate to distributors is not...
![Sale of SIM cards/Recharge Coupons at discounted rate to distributors is not ‘Commission’: ITAT Pune [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Vodafone-Taxscan.jpg "Sale of SIM cards/Recharge Coupons at discounted rate to distributors is not ‘Commission’: ITAT Pune [Read Order]")
Addition on Account of Unexplained Cash Credits merely on the basis of Bank Pass Book is invalid: ITAT Pune [Read Order]
In Vinod Kewalchand Bafna v. ITO, the Pune ITAT held that addition on account of unexplained cash credits under s. 68 of the Income Tax merely on the basis of Bank Pass Book is invalid since Bank...
![Addition on Account of Unexplained Cash Credits merely on the basis of Bank Pass Book is invalid: ITAT Pune [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Addition on Account of Unexplained Cash Credits merely on the basis of Bank Pass Book is invalid: ITAT Pune [Read Order]")
![Addition on the Basis of Estimation cannot be a Ground for imposing Penalty: ITAT Pune [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Addition on the Basis of Estimation cannot be a Ground for imposing Penalty: ITAT Pune [Read Order]")