Income Tax Act, 1961 - Section 68—Exemption under section 10(38)—Long-term capital gains—Sale of shares —CIT(A) confirmed addition under section 68 by AO treating LTCG as bogus Ritu Udaipuria v. ITO (2024) 196 TR (A) 617 (Ran-Trib) : 2024 TaxPub(DT) 1688 (Ranchi-Trib) Income Tax Act, 1961 - Section 2(15), Pro. 11—Charitable trust—Exemption under section 11—Applicability of proviso to section 11—Assessee having object related to foundry industry, derived income from membership, advertisement, contractual receipts, publication of journals/directories, etc. Institute of Indian Foundrymen v. ITO (2024) 196 TR (A) 610 (Kol-Trib) : 2024 TaxPub(DT) 1473 (Kol-Trib) : (2024) 206 ITD 203 (Kol-Trib) Income Tax Act, 1961 - Section 36(1)(iii)—Business deduction under section 36(1)(iii)—Interest on borrowed capital—Interest free advance to AOP members out of assessee’s sufficient own funds Coral Associates v. ITO (2024) 196 TR (A) 614 (Jodh-Trib) : 2024 TaxPub(DT) 1259 (Jod-Trib) Income Tax Act, 1961 - Section 143(3)—Assessment—Lump sum disallowance made by AO—Vouchers of expenses supported only by self-made slips or Kaccha bills issued by local traders Coral Associates v. ITO (2024) 196 TR (A) 622 (Jodh-Trib) : 2024 TaxPub(DT) 1259 (Jod-Trib) Income Tax Act, 1961 - Section 80—Double taxation relief—Agreement between India and Mauritius—Long-term capital gain on sale of shares Superb Mind Holding Ltd. v. Asstt. CIT (2024) 196 TR (A) 619 (Del-Trib) : 2024 TaxPub(DT) 1231 (Del-Trib) Income Tax Act, 1961 - Section 115JB—MAT—Computation of book profit—Treatment of receipt on account of surrender of gift of shares Shivi Holdings (P) Ltd. v. ACIT (2024) 196 TR (A) 621 (Del-Trib) : 2024 TaxPub(DT) 1218 (Del-Trib) Income Tax Act, 1961 - Section 45—Capital gains—Long term capital loss—AO disallowed assessee’s claim Shivi Holdings (P) Ltd. v. ACIT (2024) 196 TR (A) 616 (Del-Trib) : 2024 TaxPub(DT) 1218 (Del-Trib) Income Tax Act, 1961 - Section 32(1)—Depreciation—Goodwill acquired in the scheme of amalgamation—Allowability of Sara Suppliers (P) Ltd. v. Asstt. CIT (2024) 196 TR (A) 613 (Ahd-Trib) : 2024 TaxPub(DT) 1214 (Ahd-Trib) Income Tax Act, 1961 - Section 37(1)—Capital or revenue expenditure—Royalty payment—Enduring benefit Escorts Ltd. v. Dy. CIT (2024) 196 TR (A) 616 (Del-Trib) : 2024 TaxPub(DT) 1178 (Del-Trib) Income Tax Act, 1961 - Section 11—Charitable trust—Exemption under section 11—Contributions received from students towards development and welfare funds of school—AO disallowed exemption under section 11(1)(d) Carmel Convent Coton Hill v. ITO(E) (2024) 196 TR (A) 610 (Coch-Trib) : 2024 TaxPub(DT) 1164 (Coch-Trib) : (2024) 119 ITR (Trib) 589 (Coch-Trib)