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ITAT Grants Section 54B Relief for Agricultural Land Purchases
Discover how the ITAT allowed a Section 54B tax deduction of Rs 15.22 lakh for purchasing agricultural land prior to the official sale deed.
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Infrastructure Developers Eligible for Section 80-IA Deduction Despite Government Contracts ITAT Ruling
ITAT Ahmedabad rules that infrastructure developers can claim Section 80-IA deductions despite executing government contracts. Read the full analysis.
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ITAT Delhi Rules Passenger Service Fee Falls Under TDS Section 194C Not 194J
ITAT Delhi rules that passenger service fees attract TDS under Section 194C rather than Section 194J, clarifying that standard airport facilities are not technical services.
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ITAT Jaipur Remands Salary Expense Claim For Reasonable Allowance
ITAT Jaipur directs reassessment of a 32.53 lakh salary expense claim, rejecting blanket disallowance and mandating a fair evaluation.
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Hyderabad ITAT Rules in Favor of Section 80P Deduction Following Condonation of Delay
In a recent ruling that brings relief to taxpayers, the Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has directed the Assessing Officer (AO) to reconsider a tax deduction…
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ITAT Pune Sets Aside Denial of Section 80P(2)(d) Deduction on Interest Income
In a recent ruling, the Pune bench of the Income Tax Appellate Tribunal (ITAT) addressed a significant tax dispute involving a housing co-operative society. The judicial body ruled in favor…
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ITAT Rules Technical Errors in ITR Filing Do Not Void Section 80P Deductions
Discover how a new ITAT ruling protects Section 80P deductions for cooperative societies despite minor technical ITR filing errors.