![ITAT Weekly Round-Up [Feb 8th-Feb 14th,2025]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Weekly-Round-Up-ITAT-Weekly-Round-Up-taxscan.jpg "ITAT Weekly Round-Up [Feb 8th-Feb 14th,2025]")
ITAT Weekly Round-Up [Feb 8th-Feb 14th,2025]
This weekly round-up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan during the...
![Expenditure Incurred on Foreign Currency on Telecommunications Charges and Technical Services Outside India, not Excluded from Export Turnover: ITAT Allows Income Tax Deduction to Tech Mahindra [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Expenditure-Incurred-on-Foreign-Currency-Expenditure-Incurred-Foreign-Currency-Telecommunications-Charges-ITAT-Allows-Income-Tax-Deduction-to-Tech-Mahindra-ITAT-Taxscan.jpg "Expenditure Incurred on Foreign Currency on Telecommunications Charges and Technical Services Outside India, not Excluded from Export Turnover: ITAT Allows Income Tax Deduction to Tech Mahindra [Read Order]")
![CBDT Notifies Conditions u/s 10(23FE) for Tax Exemption to Ontario Fund [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/Tax-Exemption-to-Ontario-Fund-TAXSCAN.jpg "CBDT Notifies Conditions u/s 10(23FE) for Tax Exemption to Ontario Fund [Read Notification]")
![Interest Income from FD is Eligible for Deduction u/s 10AA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Interest-Income-from-FD-is-Eligible-for-Deduction-Interest-Income-from-FD-Interest-Income-Interest-Income-FD-Deduction-ITAT-Taxscan.jpg "Interest Income from FD is Eligible for Deduction u/s 10AA: ITAT [Read Order]")
Benefit of S. 10AA Allowable If Consideration in respect of Exports was Received in India or brought into India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, in an appeal filed before it, held that benefit of s. 10AA is allowable, if the consideration in respect of exports was received...
![Benefit of S. 10AA Allowable If Consideration in respect of Exports was Received in India or brought into India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Exports-ITAT-Income-Tax-taxscan-.jpg "Benefit of S. 10AA Allowable If Consideration in respect of Exports was Received in India or brought into India: ITAT [Read Order]")
Filing of Income Tax Return within Due Date is Mandatory Not Directory to Claim Benefit u/s 10A: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that the filing of the income tax return under section 139 of the Income Tax Act, 1961 is mandatory not directory to claim the...
![Filing of Income Tax Return within Due Date is Mandatory Not Directory to Claim Benefit u/s 10A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Filing-of-Income-Tax-Return-Income-Tax-Return-Income-Tax-Due-Date-Mandatory-Claim-Benefit-ITAT-taxscan.jpg "Filing of Income Tax Return within Due Date is Mandatory Not Directory to Claim Benefit u/s 10A: ITAT [Read Order]")
Income derived from Training Fee and related Course Material, not entitled to Deduction u/s.10B: ITAT [Read Order]
In a recent ruling, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that the rental income derived from the lease of plant & machinery or equipment is taxable under the...
![Income derived from Training Fee and related Course Material, not entitled to Deduction u/s.10B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/training-fee-Income-course-material-deduction-ITAT-Income-Tax-taxscan.jpg "Income derived from Training Fee and related Course Material, not entitled to Deduction u/s.10B: ITAT [Read Order]")
Income from Design Charges are business income to compute deduction u/s 10A of Income Tax Act: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ), held that Income from Design Charges are business income to compute deduction under Section 10A of the Income Tax Act, 1961. The...
![Income from Design Charges are business income to compute deduction u/s 10A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Design-Charges-business-income-business-income-deduction-Income-Tax-Act-Income-Tax-Tax-ITAT-taxscan.jpg "Income from Design Charges are business income to compute deduction u/s 10A of Income Tax Act: ITAT [Read Order]")
Incidental Income in form of Interest Income, eligible for Deduction u/s 10A: Delhi High Court [Read Order]
The Delhi High Court held that incidental income in form of interest income, eligible for deduction under Section 10A of the Income Tax Act, 1961. The Income Tax Appeal has been filed challenging...
![Incidental Income in form of Interest Income, eligible for Deduction u/s 10A: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Incidental-Income-Interest-Income-Delhi-High-Court-taxscan.jpg "Incidental Income in form of Interest Income, eligible for Deduction u/s 10A: Delhi High Court [Read Order]")
Expenditures required to be reduced from Export Turnover u/s 10A should also be reduced from Total Turnover: ITAT grants relief to TCS [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the expenditures required to be reduced from export turnover under section 10A should also be reduced from the total turnover. The...
![Expenditures required to be reduced from Export Turnover u/s 10A should also be reduced from Total Turnover: ITAT grants relief to TCS [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Tata-Consultancy-Services-Expenditures-Export-Turnover-Turnover-ITAT-TCS-Taxscan.jpg "Expenditures required to be reduced from Export Turnover u/s 10A should also be reduced from Total Turnover: ITAT grants relief to TCS [Read Order]")