![Failure to Deposit Employees’ share of PF and ESIC within prescribed time under Respective Act: ITAT upholds Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Pune-Income-Tax-Income-Tax-news-Provident-Fund-Employee-State-Insurance-Corporation-TAXSCAN.jpg "Failure to Deposit Employees’ share of PF and ESIC within prescribed time under Respective Act: ITAT upholds Disallowance [Read Order]")
Failure to Deposit Employees’ share of PF and ESIC within prescribed time under Respective Act: ITAT upholds Disallowance [Read Order]
The Pune bench Income Tax Appellate Tribunal ( ITAT ) while upheld the disallowance observed that the assessee Failed to deposit employees share of...
![Disallowance made on basis of delayed filing of GST return without vouching exact amount of GST discharged by extended due date: ITAT Directs readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-Pune-Income-Tax-GST-ITAT-GST-Payment-Due-Date-Delayed-filing-GST-GST-return-taxscan.jpg "Disallowance made on basis of delayed filing of GST return without vouching exact amount of GST discharged by extended due date: ITAT Directs readjudication [Read Order]")
![ITAT Annual Digest 2023 [Part 8]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Part-8.jpg "ITAT Annual Digest 2023 [Part 8]")
![Discrepancies found in Document produced for Registration of Trust u/s 12AA of Income Tax Act: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/DISCRE1.jpg "Discrepancies found in Document produced for Registration of Trust u/s 12AA of Income Tax Act: ITAT directs Re-adjudication [Read Order]")
![Registration u/s 12AB of Income Tax Act cannot be Denied on Non-Clarification of Discrepancies due to Non-Receipt of Notice: ITAT directs De-novo Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Income-Tax-Act-Non-Receipt-of-Notice-ITAT-De-novo-Consideration-taxscan.jpg "Registration u/s 12AB of Income Tax Act cannot be Denied on Non-Clarification of Discrepancies due to Non-Receipt of Notice: ITAT directs De-novo Consideration [Read Order]")
Development of Commercial Project along with Residential Project: ITAT directs readjudication for claiming deduction u/s 80IB(10) Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune bench held that, while noting the development of commercial projects by assessee along with residential projects directed readjudication for claiming...
![Development of Commercial Project along with Residential Project: ITAT directs readjudication for claiming deduction u/s 80IB(10) Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Development-Development-of-Commercial-Project-Commercial-Project-ITAT-taxscan.jpg "Development of Commercial Project along with Residential Project: ITAT directs readjudication for claiming deduction u/s 80IB(10) Income Tax Act [Read Order]")
Deduction towards Remuneration of Partners, Not covered within Scope of "Limited Scrutiny": ITAT Quashes Revision Order [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) quashed the revision order on the ground of deduction made towards the remuneration of partners which was not covered within the scope of...
![Deduction towards Remuneration of Partners, Not covered within Scope of Limited Scrutiny: ITAT Quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Deduction-towards-Remuneration-of-Partners-Not-covered-within-Scope-of-Limited-Scrutiny-ITAT-Quashes-Revision-Order-TAXSCAN.jpg "Deduction towards Remuneration of Partners, Not covered within Scope of Limited Scrutiny: ITAT Quashes Revision Order [Read Order]")
Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench while deleting the revision order passed under Section 263 of Income Tax Act, 1961 held that interest income earned by cooperative bank on...
![Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Interest-Income-Cooperative-Bank-Investments-Cooperative-Bank-eligible-Deduction-ITAT-TAXSCAN.jpg "Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision Order [Read Order]")
ITAT Upholds Rejection of Claim of Exemption u/s 80G of Income Tax Act due to Utilisation of Income for Religious Expenses More than Prescribed Limit. [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) upheld the rejection of the claim of exemption under section 80G of the Income Tax Act,1961 due to utilization of income for religious...
![ITAT Upholds Rejection of Claim of Exemption u/s 80G of Income Tax Act due to Utilisation of Income for Religious Expenses More than Prescribed Limit. [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Upholds-Rejection-of-Claim-of-Exemption-of-Income-Tax-Act-due-to-Utilisation-of-Income-for-Religious-Expenses-More-than-Prescribed-Limit-TAXSCAN.jpg "ITAT Upholds Rejection of Claim of Exemption u/s 80G of Income Tax Act due to Utilisation of Income for Religious Expenses More than Prescribed Limit. [Read Order]")
Compulsory Acquisition of Agricultural Land will not Attract Capital Gains which Chargeable to Tax: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the compulsory acquisition of agricultural land will not attract the capital gains which was chargeable to tax calculation. ...
![Compulsory Acquisition of Agricultural Land will not Attract Capital Gains which Chargeable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Compulsory-Acquisition-of-Agricultural-Land-Capital-Gains-which-Chargeable-to-Tax-ITAT-TAXSCAN.jpg "Compulsory Acquisition of Agricultural Land will not Attract Capital Gains which Chargeable to Tax: ITAT [Read Order]")
Engineering and Development costs incurred for manufacture and sale of Seats for Passenger cars are Revenue Expenditure :ITAT [Read Order]
The Pune bench of Income Tax Appellate Tribunal (ITAT) has held that engineering and development costs incurred for manufacture and sale of seats for passenger cars are revenue expenditure. The...
![Engineering and Development costs incurred for manufacture and sale of Seats for Passenger cars are Revenue Expenditure :ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Engineering-and-Development-costs-incurred-for-manufacture-and-sale-of-Seats-for-Passenger-cars-are-Revenue-Expenditure-ITAT-TAXSCAN-1.jpg "Engineering and Development costs incurred for manufacture and sale of Seats for Passenger cars are Revenue Expenditure :ITAT [Read Order]")
ITAT allows Increase in Proportionate Capital Gains Deduction u/s 54F for Disallowance of Indexed Cost of Improvement: ITAT [Read Order]
The Pune bench of Income Tax Appellate Tribunal (ITAT) has allowed increase in proportionate capital gain deduction under Section 54F of the Income Tax Act, 1961 for disallowance of index cost of...
![ITAT allows Increase in Proportionate Capital Gains Deduction u/s 54F for Disallowance of Indexed Cost of Improvement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Proportionate-Capital-Gains-Deduction-Disallowance-Indexed-Cost-of-Improvement-ITAT-TAXSCAN.jpg "ITAT allows Increase in Proportionate Capital Gains Deduction u/s 54F for Disallowance of Indexed Cost of Improvement: ITAT [Read Order]")