Begin typing your search above and press return to search.
![Firm Eligible to Deduct Profit from Sale of Flats Declared as Stock-in-Trade to Partners u/s 80IB (10) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Firm-Profit-Sale-of-Flats-Stock-in-Trade-Partners-Income-Tax-Act-ITAT-Taxscan.jpg "Firm Eligible to Deduct Profit from Sale of Flats Declared as Stock-in-Trade to Partners u/s 80IB (10) of Income Tax Act: ITAT [Read Order]")
Firm Eligible to Deduct Profit from Sale of Flats Declared as Stock-in-Trade to Partners u/s 80IB (10) of Income Tax Act: ITAT [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) has held that the firm shall be eligible to deduct profit from the sale of flats which...
![Income Tax Deduction u/s 10AA of Income Tax Act cannot be Availed without Tax Audit Report: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-Tax-Deduction-Income-Tax-Income-Tax-Act-Tax-Audit-Report-ITAT-Taxscan.jpg "Income Tax Deduction u/s 10AA of Income Tax Act cannot be Availed without Tax Audit Report: ITAT [Read Order]")
![Forex Loss from Trade Debtors/Creditors is Operating in Nature, No Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Forex-Loss-from-Trade-Debtors-Creditors-is-Operating-in-Nature-No-Tax-Deduction-ITAT-TAXSCAN.jpg "Forex Loss from Trade Debtors/Creditors is Operating in Nature, No Tax Deduction: ITAT [Read Order]")
![UPS and Printers are part of Computer Systems, 60 % Depreciation allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/UPS-and-Printers-are-part-of-computer-systems-60-depreciation-allowable-ITAT-TAXSCAN.jpg "UPS and Printers are part of Computer Systems, 60 % Depreciation allowable: ITAT [Read Order]")
Warranty Obligation being Part and Parcel of Sales Transactions, TDS not applicable as FTS: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the warranty obligation being part and parcel of sales transactions cannot be treated as technical services for the purpose of...
![Warranty Obligation being Part and Parcel of Sales Transactions, TDS not applicable as FTS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Warranty-Obligation-Part-Parcel-Sales-Transactions-TDS-FTS-ITAT-Taxscan.jpeg "Warranty Obligation being Part and Parcel of Sales Transactions, TDS not applicable as FTS: ITAT [Read Order]")
Urban Land Leased out to Educational Trust can't be treated as ‘Vacant Land’, No Wealth Tax, says ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench held that wealth tax is not applicable on lands held by a trust for charitable purposes. The bunch of 33 appeals filed by different...
![Urban Land Leased out to Educational Trust cant be treated as ‘Vacant Land’, No Wealth Tax, says ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Urban-Land-Leased-Educational-Trust-Vacant-Land-Wealth-Tax-ITAT-Taxscan.jpg "Urban Land Leased out to Educational Trust cant be treated as ‘Vacant Land’, No Wealth Tax, says ITAT [Read Order]")