![Assesee not eligible for Deduction u/s 80IC,If Plant not situate notified area: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Deduction-notified-area-Plant-ITAT-Income-Tax-Tax-Taxscan.jpg "Assesee not eligible for Deduction u/s 80IC,If Plant not situate notified area: ITAT [Read Order]")
Assesee not eligible for Deduction u/s 80IC,If Plant not situate notified area: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) recently held that assessee are not eligible for deduction under section 80IC of Income Tax...
![Value of Goods Declared for Central Excise Purpose shall be Considered before Concluding upon under Invoicing of Products: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Goods-Products-ITAT-taxscan.jpg "Value of Goods Declared for Central Excise Purpose shall be Considered before Concluding upon under Invoicing of Products: ITAT [Read Order]")
![Year of substantial expansion is initial Assessment Year within 10 years for claiming Deduction u/s 80-IC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Assessment-Year-Deduction-ITAT-taxscan.jpeg "Year of substantial expansion is initial Assessment Year within 10 years for claiming Deduction u/s 80-IC: ITAT [Read Order]")
![Substantial Work of Production was got done in Other State: Himachal Pradesh HC upholds Denial of Tax Subsidy for North-Eastern States u/s 80IC (2)(ii) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/work-of-Production-Himachal-Pradesh-HC-Tax-Subsidy-taxscan.jpeg "Substantial Work of Production was got done in Other State: Himachal Pradesh HC upholds Denial of Tax Subsidy for North-Eastern States u/s 80IC (2)(ii) [Read Order]")
![Section 80IC Deduction allowable to Income from Interest on Electricity Deposit, Recovery from Transporters and Sundry Balances of Vendors written off: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Section-80IC-Deduction-Income-Interest-Electricity-Deposit-Recovery-Transporters-Sundry-Balances-Vendors-ITAT-Taxscan.jpeg "Section 80IC Deduction allowable to Income from Interest on Electricity Deposit, Recovery from Transporters and Sundry Balances of Vendors written off: ITAT [Read Order]")
Relief to Finolex Cables: ITAT allows claim of deduction u/s 80IC in respect of Sale of Scrap [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench allowed the claim of deduction under section 80IC of the Income Tax Act in respect of sale of scrap. The Assessee, M/s. Finolex Cables Limited...
![Relief to Finolex Cables: ITAT allows claim of deduction u/s 80IC in respect of Sale of Scrap [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Finolex-Cables-ITAT-claim-of-deduction-sale-of-scrap-Taxscan.jpg "Relief to Finolex Cables: ITAT allows claim of deduction u/s 80IC in respect of Sale of Scrap [Read Order]")
![Half Yearly Income Tax Digest: ITAT Rulings 2024 [Part II]](https://www.taxscan.in/wp-content/uploads/2024/07/Half-Yearly-Case-Digest-ITAT-Case-Digest-Half-Yearly-Income-Tax-Digest-Income-Tax-TAXSCAN.jpg "Half Yearly Income Tax Digest: ITAT Rulings 2024 [Part II]")
Apportioning R & D Expenditure and ESOP cost to Units which Claimed Exemption u/s 10B, 80IB and 80IC not justified: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Dr. Reddy’s Laboratories Ltd. v. DCIT holding in favor of the assessee was of the view that Tax Authorities were not...
![Apportioning R & D Expenditure and ESOP cost to Units which Claimed Exemption u/s 10B, 80IB and 80IC not justified: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/ITAT-Exemption-Taxscan.jpg "Apportioning R & D Expenditure and ESOP cost to Units which Claimed Exemption u/s 10B, 80IB and 80IC not justified: ITAT [Read Order]")
![ITAT grants relief to Hero Moto Corp Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Hero-Motor-Corp-Taxscan.jpg "ITAT grants relief to Hero Moto Corp Ltd [Read Order]")
No Deduction on Interest Income received from Bank on FDRs Pledged as Security Deposit: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) while dismissing the appeal preferred by the assessee ordered that the assessee shall not be entitled to deduction on Interest Income...
![No Deduction on Interest Income received from Bank on FDRs Pledged as Security Deposit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Income-Taxscan.jpg "No Deduction on Interest Income received from Bank on FDRs Pledged as Security Deposit: ITAT [Read Order]")
![ITAT allows Deduction to Eco-Tourism Units including Hotels [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Eco-Tourism-Taxscan.jpg "ITAT allows Deduction to Eco-Tourism Units including Hotels [Read Order]")
Assessing Officer cannot Review his Own Order by invoking Sec 147 of the Income Tax Act: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that the Assessing Officer (AO) does not have any power to review his own order which has already been passed by him by invoking...
![Assessing Officer cannot Review his Own Order by invoking Sec 147 of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Assessing-Officer-ITAT-Taxscan.jpg "Assessing Officer cannot Review his Own Order by invoking Sec 147 of the Income Tax Act: ITAT [Read Order]")