![Co-op Society wins ₹10.14L Tax Relief: ITAT rules FDR Interest Eligible for 80P Deduction [Read Order]](https://images.taxscan.in/h-upload/2025/06/26/500x300_2054663-cooperative-society-taxscan.webp "Co-op Society wins ₹10.14L Tax Relief: ITAT rules FDR Interest Eligible for 80P Deduction [Read Order]")
Co-op Society wins ₹10.14L Tax Relief: ITAT rules FDR Interest Eligible for 80P Deduction [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has granted substantial tax relief to a cooperative credit society, holding that interest...
![ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cash-Deposit-ITAT-Chennai-taxscan.jpg "ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]")
![Assessee opts for Vivad-se-Vishwas Scheme 2024: ITAT dismisses appeal as Infructuous [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Assessee-opts-for-Vivad-se-Vishwas-Scheme-2024-Vivad-se-Vishwas-Scheme-2024-ITAT-ITAT-dismisses-appeal-appeal-as-infructuous-infructuous-taxscan.jpg "Assessee opts for Vivad-se-Vishwas Scheme 2024: ITAT dismisses appeal as Infructuous [Read Order]")
![Disallowance Claim on Loans written Off to Titan International:Â ITAT remands matter for Consideration of additional Evidence brought by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Disallowance-Claim-Loans-Titan-International-ITAT-Consideration-of-additional-Evidence-brought-Assessee-taxscan.jpg "Disallowance Claim on Loans written Off to Titan International:Â ITAT remands matter for Consideration of additional Evidence brought by Assessee [Read Order]")
![Exemption u/s 10(38) of Income Tax Act shall be denied when Assessee enters into Sham Transaction with Paper Companies: ITAT upholds Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Exemption-Income-Tax-Act-Assessee-Transaction-Paper-Companies-ITAT-taxscan.jpg "Exemption u/s 10(38) of Income Tax Act shall be denied when Assessee enters into Sham Transaction with Paper Companies: ITAT upholds Order of CIT(A) [Read Order]")
Interest Paid on Delayed Payment of TDS u/s 201(1A) of Income Tax Act is not Eligible for Allowance as Business Expenditure: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that the interest paid on delayed payments of Tax Deducted at Source (TDS) under Section 201(1A) of the Income Tax Act, 1961 is not...
![Interest Paid on Delayed Payment of TDS u/s 201(1A) of Income Tax Act is not Eligible for Allowance as Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Interest-Paid-on-Delayed-Payment-of-TDS-Interest-Payment-of-TDS-TDS-Income-Tax-Act-Income-Tax-ITAT-Taxscan.jpg "Interest Paid on Delayed Payment of TDS u/s 201(1A) of Income Tax Act is not Eligible for Allowance as Business Expenditure: ITAT [Read Order]")
![ITAT quashes Revision Order passed u/s 263 of Income Tax Act during Covid -19 Pandemic [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-quashes-Revision-Order-passed-of-Income-Tax-Act-Covid-19-Pandemic-TAXSCAN.jpg "ITAT quashes Revision Order passed u/s 263 of Income Tax Act during Covid -19 Pandemic [Read Order]")
Disallowance made u/s40(a)(ia) of Income Tax Act on Ground of Violation of Non Deduction of Tax u/s 194H : ITAT Directs Re-adjudication [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT) directed re-adjudication for the disallowance made under section 40(a)(a) of the Income Tax Act,1961 on the ground of violation of...
![Disallowance made u/s40(a)(ia) of Income Tax Act on Ground of Violation of Non Deduction of Tax u/s 194H : ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Act-Ground-of-Violation-of-Non-Deduction-of-Tax-re-adjudication-TXSCAN.jpg "Disallowance made u/s40(a)(ia) of Income Tax Act on Ground of Violation of Non Deduction of Tax u/s 194H : ITAT Directs Re-adjudication [Read Order]")
Claim of Deduction on Freight Outward Expenses Allowable only on Submission of Actual Payment Details: ITAT [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) has held that claim of deduction on freight outward expenses would be allowable only on submission of actual payment details. The AO...
![Claim of Deduction on Freight Outward Expenses Allowable only on Submission of Actual Payment Details: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Claim-of-Deduction-Deduction-Freight-Outward-Expenses-Expenses-Actual-Payment-Details-Submission-of-Actual-Payment-Details-ITAT-Income-Tax-taxscan.jpg "Claim of Deduction on Freight Outward Expenses Allowable only on Submission of Actual Payment Details: ITAT [Read Order]")
No addition can made u/s 23(4) of Act on Deemed Rent on Unsold Flats declared as Stock In Trade: ITAT [Read Order]
In a significant case the Pune bench of the Income Tax Appellate Tribunal (ITAT) held that no addition could be made under Section 23(4) of Income Tax Act, 1961 on deemed rent on unsold flats...
![No addition can made u/s 23(4) of Act on Deemed Rent on Unsold Flats declared as Stock In Trade: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/u-s-234-Act-Deemed-Rent-on-Unsold-Flats-declared-as-Stock-In-Trade-ITAT-TAXSCAN.jpg "No addition can made u/s 23(4) of Act on Deemed Rent on Unsold Flats declared as Stock In Trade: ITAT [Read Order]")
Expenditure incurred during setting up of New Business and its Commencement is allowable as a Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench has held that expenditure incurred during the setting up of the new business and its commencement is allowable as a deduction. The appellant,...
![Expenditure incurred during setting up of New Business and its Commencement is allowable as a Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Expenditure-Business-Deduction-ITAT-taxscan.jpg "Expenditure incurred during setting up of New Business and its Commencement is allowable as a Deduction: ITAT [Read Order]")
Income Tax Exemption cannot be granted since Share Transactions found as Sham and Used as a Device to Make Undisclosed Income Accountable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench recently in an appeal held that income tax exemption cannot be granted since share transactions are found as sham and used as a device to make...
![Income Tax Exemption cannot be granted since Share Transactions found as Sham and Used as a Device to Make Undisclosed Income Accountable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Exemption-income-Share-Transactions-Undisclosed-Income-Income-tax-ITAT-taxscan.jpg "Income Tax Exemption cannot be granted since Share Transactions found as Sham and Used as a Device to Make Undisclosed Income Accountable: ITAT [Read Order]")