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![ITAT Allows Prior-Period Interest Deduction Citing No Revenue Loss [Read Order]](https://images.taxscan.in/h-upload/2025/06/14/500x300_2044235-interest-deduction-revenue-loss-itat.webp "ITAT Allows Prior-Period Interest Deduction Citing No Revenue Loss [Read Order]")
ITAT Allows Prior-Period Interest Deduction Citing No Revenue Loss [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the deduction of prior-period interest expenses for the appellant, holding...
![When There is no Revenue Loss, Liberal View Needs to be Taken: CESTAT quashes Excise Duty Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Revenue-Loss-Liberal-View-Needs-Liberal-View-Needs-to-Be-Taken-CESTAT-CESTAT-Quashes-Excise-Duty-Demand-Excise-Duty-taxscan-.jpg "When There is no Revenue Loss, Liberal View Needs to be Taken: CESTAT quashes Excise Duty Demand [Read Order]")
![AO adds Rs. 24 lakhs u/s 69A Income Tax Act: ITAT confirms Agriculture Income, reduces addition to Rs. 2 lakhs to prevent Revenue Loss [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Surat-Income-Tax-Act-Agriculture-Income-taxscan.jpg "AO adds Rs. 24 lakhs u/s 69A Income Tax Act: ITAT confirms Agriculture Income, reduces addition to Rs. 2 lakhs to prevent Revenue Loss [Read Order]")
![Expiry of E-way Bill does not Create Scope for Evasion, No Revenue Loss: Madras HC sets aside order demanding Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Expiry-of-E-way-Bill-E-way-Bill-Revenue-Loss-Madras-High-Court-demanding-Penalty-Penalty-taxscan.jpg "Expiry of E-way Bill does not Create Scope for Evasion, No Revenue Loss: Madras HC sets aside order demanding Penalty [Read Order]")
![Irrecoverable Loss due to Technical Snags and Bad Weather Conditions: ITAT allows Deduction of Revenue Loss [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/Irrecoverable-Loss-Technical-Snags-Bad-Weather-Conditions-ITAT-Deduction-of-Revenue-Loss-Taxscan.jpg "Irrecoverable Loss due to Technical Snags and Bad Weather Conditions: ITAT allows Deduction of Revenue Loss [Read Order]")
![Foreign Exchange Contract forward loss are Revenue Loss: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Foreign-Exchange.jpg "Foreign Exchange Contract forward loss are Revenue Loss: Bombay HC [Read Judgment]")