![Capital Gain cannot be Taxed from Owner of Property When Sale Consideration is already Taxed from PoA Holder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Capital-Gain-Owner-Property-Sale-Consideration-PoA-Holder-ITAT-taxscan.jpeg "Capital Gain cannot be Taxed from Owner of Property When Sale Consideration is already Taxed from PoA Holder: ITAT [Read Order]")
Capital Gain cannot be Taxed from Owner of Property When Sale Consideration is already Taxed from PoA Holder: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gain in respect of consideration received from sale of property...
![Surcharge, Education Cess, and Additional Surcharges are eligible for MAT Credit u/s 115JAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Surcharge-Education-Cess-Additional-Surcharges-MAT-Credit-ITAT-taxscan.jpg "Surcharge, Education Cess, and Additional Surcharges are eligible for MAT Credit u/s 115JAA: ITAT [Read Order]")
![Income from IT Support Services and Software License not chargeable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-IT-support-services-software-license-tax-ITAT-taxscan.jpeg "Income from IT Support Services and Software License not chargeable to Tax: ITAT [Read Order]")
![Subsidy granted by Govt. for encouraging Industries are Capital Receipts: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Subsidy-Govt-Industries-Capital-Receipts-ITAT-taxscan.jpg "Subsidy granted by Govt. for encouraging Industries are Capital Receipts: ITAT deletes Addition [Read Order]")
![HR, Marketing Consultancy Services, and Employee Training Services are not chargeable to Tax in India FTS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/HR-Marketing-Tax-FTS-ITAT-taxscan.jpeg "HR, Marketing Consultancy Services, and Employee Training Services are not chargeable to Tax in India FTS: ITAT [Read Order]")
SBI cannot take a Defense of Scarcity of Advisors: ITAT imposes Cost of Rs. 1 Lakh for Late filing of TDS Statement [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that State Bank of India (SBI) cannot take a defense of scarcity of advisors and imposes a cost of Rs. 1 lakh for late filing of Tax...
![SBI cannot take a Defense of Scarcity of Advisors: ITAT imposes Cost of Rs. 1 Lakh for Late filing of TDS Statement [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/SBI-ITAT-TDS-Statement-taxscan.jpg "SBI cannot take a Defense of Scarcity of Advisors: ITAT imposes Cost of Rs. 1 Lakh for Late filing of TDS Statement [Read Order]")
ITAT grants Tax Exemption to Trust carrying out Study Programmes for University’s registered Students [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench consisting of S S Godara, Judicial Member and Dr Dipak P Ripote, Accountant Member granted tax exemption to trust carrying out study programmes...
![ITAT grants Tax Exemption to Trust carrying out Study Programmes for University’s registered Students [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/ITAT-Tax-Exemption-Study-programmes-universitys-registered-students-taxscan.jpeg "ITAT grants Tax Exemption to Trust carrying out Study Programmes for University’s registered Students [Read Order]")
Co-Operative Bank eligible for TDS Exemption u/s 194A for deposits by Nominal Members: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench has held that Cooperative bank share eligible for Tax Deduction at Source (TDS) exemption under section 194A for deposits by nominal members. ...
![Co-Operative Bank eligible for TDS Exemption u/s 194A for deposits by Nominal Members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Co-operative-bank-TDS-exemption-ITAT-taxscan.jpeg "Co-Operative Bank eligible for TDS Exemption u/s 194A for deposits by Nominal Members: ITAT [Read Order]")
Royalty Expenses paid by Mercedes Benz India to Daimler AG Deductible from Business Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the royalty expenses incurred by Mercedes Benz India to Daimler AG is deductible from the business income of the Company as the same...
![Royalty Expenses paid by Mercedes Benz India to Daimler AG Deductible from Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Royalty-Expenses-Mercedes-Benz-India-Daimler-AG-Business-Income-ITAT-taxscan.jpeg "Royalty Expenses paid by Mercedes Benz India to Daimler AG Deductible from Business Income: ITAT [Read Order]")
Land Re-purchased need not be 'Agricultural' on the Date of Re-Investment: ITAT allows Deduction u/s 54B [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench, while allowing a claim of deduction under section 54B of the Income Tax Act, 1961, has held that the provision does not mandate lands...
![Land Re-purchased need not be Agricultural on the Date of Re-Investment: ITAT allows Deduction u/s 54B [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Land-Re-purchased-Agricultural-Re-Investment-ITAT-taxscan.jpg "Land Re-purchased need not be Agricultural on the Date of Re-Investment: ITAT allows Deduction u/s 54B [Read Order]")
Father cannot be Taxed for Cash Deposit in Bank Account opened in the Name of Son once He attained Majority: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT), while deleting an addition for cash deposit, has held that the clubbing of income under the provisions of the Income Tax Act, 1961 is...
![Father cannot be Taxed for Cash Deposit in Bank Account opened in the Name of Son once He attained Majority: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Father-Cash-Deposit-Bank-Account-Son-ITAT-taxscan.jpg "Father cannot be Taxed for Cash Deposit in Bank Account opened in the Name of Son once He attained Majority: ITAT [Read Order]")
Stamp Value will be considered as Full Consideration only If Payment was made through Bank on or before the Date of Transfer: ITAT
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has observed that the stamp value on the date of agreement to sell shall be considered as full value of consideration for the purpose of...
