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
![ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-08-at-1.11.11-PM.jpeg "ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]")
ITAT Deletes Rs.22.93 Lakh Penalty on Builder, Cites Auditor’s Mistake & Lack of Intent to Evade Tax [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has cancelled a penalty of Rs.22.93 lakh that was imposed on Silver Oak Buildcon Private...
![No Possession, No Taxation: ITAT Deletes Capital Gains Addition u/s 2(47) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-08-at-1.39.50-PM.jpeg "No Possession, No Taxation: ITAT Deletes Capital Gains Addition u/s 2(47) of Income Tax Act [Read Order]")
![AO adds Rs. 30 crore as Unexplained Investment: ITAT restores matter in Interest of Justice with Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/AO-Unexplained-Investment-ITAT-Interest-Justice-Penalty-TAXSCAN.jpg "AO adds Rs. 30 crore as Unexplained Investment: ITAT restores matter in Interest of Justice with Penalty [Read Order]")
![Wrong Clause Selection Not Fatal to Proceedings: ITAT Grants Fresh Opportunity for 12AA Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Wrong-Clause-Wrong-Clause-Selection-Not-Fatal-to-Proceedings-ITAT-ITAT-Grants-Fresh-Opportunity-Section-12AA-Registration-taxscan.jpg "Wrong Clause Selection Not Fatal to Proceedings: ITAT Grants Fresh Opportunity for 12AA Registration [Read Order]")
![Assessee Still Eligible for Section 54F Income Tax Deduction even when Sale Deed Executed after Two Years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Pune-Section-54F-Income-Tax-Deduction-TAXSCAN.jpg "Assessee Still Eligible for Section 54F Income Tax Deduction even when Sale Deed Executed after Two Years: ITAT [Read Order]")
Stamp Duty Valuation Dispute: ITAT Condones 111-Day Delay in Interest of Fairness, Restores Matter [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) condoned a 111-day delay in filing an appeal citing the interest of fairness and restored the matter for fresh adjudication. Vaibhav...
![Stamp Duty Valuation Dispute: ITAT Condones 111-Day Delay in Interest of Fairness, Restores Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Stamp-Duty-Stamp-Duty-Valuation-Dispute-ITAT-ITAT-Condones-Delay-in-Interest-of-Fairness-Interest-of-Fairness-Restores-Matter-taxscan.jpg "Stamp Duty Valuation Dispute: ITAT Condones 111-Day Delay in Interest of Fairness, Restores Matter [Read Order]")
Interest Income from Cooperative Banks Eligible for Deduction u/s 80P(2)(d): ITAT allows deduction of Rs. 35 lakhs [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) held that the interest income that is derived from the cooperative banks is eligible for deduction under Section 80P(2) of the Income Tax...
![Interest Income from Cooperative Banks Eligible for Deduction u/s 80P(2)(d): ITAT allows deduction of Rs. 35 lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Interest-Income-Deduction-Cooperative-Banks-taxscan.jpg "Interest Income from Cooperative Banks Eligible for Deduction u/s 80P(2)(d): ITAT allows deduction of Rs. 35 lakhs [Read Order]")
![Change in Tax Consultant: ITAT Condones 38 days appeal Filing Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Change-in-Tax-Consultant-ITAT-Condones-Filing-Delay-taxscan.jpg "Change in Tax Consultant: ITAT Condones 38 days appeal Filing Delay [Read Order]")
Interest Income from Cooperative Bank Investments Eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) ruled that interest income earned from investments in cooperative banks qualifies for deduction under Section 80P(2)(d) of the Income Tax...
![Interest Income from Cooperative Bank Investments Eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Pune-Interest-Income-from-Cooperative-Bank-Investments-TAXSCAN.jpg "Interest Income from Cooperative Bank Investments Eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]")
Taxation of AOP: ITAT Allows Normal Tax Rates for Charitable Trust, Sets Aside CIT(A)’s Order [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that a charitable trust, classified as an Association of Persons ( AOP ), should be taxed at normal rates instead of the maximum...
![Taxation of AOP: ITAT Allows Normal Tax Rates for Charitable Trust, Sets Aside CIT(A)’s Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Taxation-of-AOP-Normal-Tax-Rates-Charitable-Trust-taxscan.jpg "Taxation of AOP: ITAT Allows Normal Tax Rates for Charitable Trust, Sets Aside CIT(A)’s Order [Read Order]")
ITAT Upholds Overseas R&D Expenses as Capital Expenditure, Citing Consistency with Prior Years [Read Order]
The Pune Bench of Income Tax Appellate Tribunal(ITAT) upheld the deduction of overseas Research and Development (R&D) expenses as capital expenditure, citing consistency with prior years. The...
![ITAT Upholds Overseas R&D Expenses as Capital Expenditure, Citing Consistency with Prior Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Upholds-RD-Expenses-Capital-Expenditure-Citing-Consistency-with-Prior-Years-Citing-Consistency-taxscan.jpg "ITAT Upholds Overseas R&D Expenses as Capital Expenditure, Citing Consistency with Prior Years [Read Order]")
![ITAT affirms 8% Profit Rate Estimation for Government Contractor [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Government-Contracts-Tax.jpg "ITAT affirms 8% Profit Rate Estimation for Government Contractor [Read Order]")