![Retrospective Amendment Inapplicable: ITAT Allows ₹2.32 Lakh Deduction for Trust’s Accumulated Fund Utilisation [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062465-retrospective-amendment-taxscan.webp "Retrospective Amendment Inapplicable: ITAT Allows ₹2.32 Lakh Deduction for Trust’s Accumulated Fund Utilisation [Read Order]")
Retrospective Amendment Inapplicable: ITAT Allows ₹2.32 Lakh Deduction for Trust’s Accumulated Fund Utilisation [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) and deleted the adjustment made by the Central Processing Centre (CPC), held that...
![ITAT Sets Aside Best Judgment Assessment u/s 144, Orders Fresh Hearing Noting Prior Grant of S.11 Exemption [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/250x150_2059926-itat-itat-sets-aside-best-judgment-assessment-judgment-assessment-orders-fresh-hearing-taxscan.webp "ITAT Sets Aside Best Judgment Assessment u/s 144, Orders Fresh Hearing Noting Prior Grant of S.11 Exemption [Read Order]")
![Income Tax Exemption u/s 11 Cannot be denied Merely due to Delay in Filing Form 10B: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057767-itat-ahmedabad-filing-form-10b-income-tax-taxscan.webp "Income Tax Exemption u/s 11 Cannot be denied Merely due to Delay in Filing Form 10B: ITAT [Read Order]")
![ITAT Holds Surplus From Textbook Sales as Educational, Not Commercial; Allows S.11 Exemption [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051774-textbook-sales-commercial-educational-taxscan.webp "ITAT Holds Surplus From Textbook Sales as Educational, Not Commercial; Allows S.11 Exemption [Read Order]")
Rent Receipts if Incidental and Ancillary to Main Object of Trust, has to be allowed: ITAT [Read Order]
In a significant ruling, the Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has held that rental income derived by a charitable trust, if incidental and ancillary to its main objectives,...
![Rent Receipts if Incidental and Ancillary to Main Object of Trust, has to be allowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Rent-Receipts-ITAT-TAXSCAN.jpg "Rent Receipts if Incidental and Ancillary to Main Object of Trust, has to be allowed: ITAT [Read Order]")
Depreciation Disallowed Without Verifying Application of Income: ITAT Restores Rs. 26.84 Lakh Addition Matter [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) restored the matter to the file of the Assessing Officer for fresh verification in a case where depreciation was disallowed under...
![Depreciation Disallowed Without Verifying Application of Income: ITAT Restores Rs. 26.84 Lakh Addition Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Depreciation-Disallowed-Without-Verifying-Application-of-Income-Verifying-Application-of-Income-taxscan.jpg "Depreciation Disallowed Without Verifying Application of Income: ITAT Restores Rs. 26.84 Lakh Addition Matter [Read Order]")
When Dept. is Custodian, It Cannot Blame Taxpayer for Not Filing Original S.12A Registration Certificate: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that the Department cannot blame the assessee for not filing the original certificate when the Department is the custodian of the...
![When Dept. is Custodian, It Cannot Blame Taxpayer for Not Filing Original S.12A Registration Certificate: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Pune-Income-tax-Section-12A-of-Income-Tax-Act-TAXSCAN.jpg "When Dept. is Custodian, It Cannot Blame Taxpayer for Not Filing Original S.12A Registration Certificate: ITAT [Read Order]")
![ITAT Upholds Tax Exemption for Trust, Citing Consistency in Previous Assessments [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Bangalore-Assessments-Tax-Exemption-Taxscan.jpg "ITAT Upholds Tax Exemption for Trust, Citing Consistency in Previous Assessments [Read Order]")
AO Disallows Depreciation over Alleged Double Deduction: ITAT directs Taxpayer to Produce Documents [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) directed the assessee to produce supporting documents after the Assessing Officer (AO) disallowed depreciation over alleged double...
![AO Disallows Depreciation over Alleged Double Deduction: ITAT directs Taxpayer to Produce Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/AO-Depreciation-Deduction-ITAT-Taxpayer-Produce-Documents-taxscan.jpg "AO Disallows Depreciation over Alleged Double Deduction: ITAT directs Taxpayer to Produce Documents [Read Order]")
