Begin typing your search above and press return to search.
![ITAT deletes Disallowance made u/s 36(1)(vii) of Income Tax Act in respect of Bad Debts written off by Non-Rural branches of Canara Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/bad-debts-written-off-by-Non-Rural-branches-of-Canara-Bank-Non-Rural-branches-bad-debts-TAXSCAN.jpg "ITAT deletes Disallowance made u/s 36(1)(vii) of Income Tax Act in respect of Bad Debts written off by Non-Rural branches of Canara Bank [Read Order]")
ITAT deletes Disallowance made u/s 36(1)(vii) of Income Tax Act in respect of Bad Debts written off by Non-Rural branches of Canara Bank [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has annulled the disallowance under Section 36(1)(vii) of the Income Tax Act, 1961,...
![No Corroborative Evidence to show Bogus Purchase: ITAT sets aside Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-Corroborative-Evidence-Bogus-Purchase-ITAT-Income-Tax-Addition-taxscan.jpg "No Corroborative Evidence to show Bogus Purchase: ITAT sets aside Income Tax Addition [Read Order]")
![Non-Consideration of Rectification Application for 4 years: Kerala HC directs ITO to decide Matter expeditiously [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Non-Consideration-of-Rectification-Application-Kerala-HC-directs-ITO-to-decide-Matter-expeditiously-TAXSCAN_300.jpg "Non-Consideration of Rectification Application for 4 years: Kerala HC directs ITO to decide Matter expeditiously [Read Order]")
![Jharkhand HC confirms Deletion of Income Tax Addition on Business Expenses under “Provision for Warranty Expenses” [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Jharkhand-High-Court-Jharkhand-HC-confirms-Deletion-of-Income-Tax-Addition-Income-Tax-Addition-Income-Tax-Addition-on-Business-Expenses-Business-Expenses-Taxscan.jpg "Jharkhand HC confirms Deletion of Income Tax Addition on Business Expenses under “Provision for Warranty Expenses” [Read Order]")
![Reassessment Made After 4 years is not valid: Madras High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Reassessment-Madras-High-Court-Taxscan.jpg "Reassessment Made After 4 years is not valid: Madras High Court [Read Order]")
Preliminary Expenditure incurred on Public Issue is Capital in Nature, Not Deductible from Income Tax: SC [Read Judgment]
In CIT v. M/s Raghuvir Synthetic Ltd, the two-judge bench of the Supreme Court categorically held that preliminary expenditure incurred on public issue is capital in nature and this, being a settled...
![Preliminary Expenditure incurred on Public Issue is Capital in Nature, Not Deductible from Income Tax: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "Preliminary Expenditure incurred on Public Issue is Capital in Nature, Not Deductible from Income Tax: SC [Read Judgment]")