# Indian Income Tax Appellate Tribunal rulings > Live situation record from CLSTR: https://clstr.news/situations/indian-income-tax-appellate-tribunal-rulings > Updated: 2026-08-24T08:23:11.000Z. Sources: 5. Developments: 3. The Income Tax Appellate Tribunal (ITAT) in India has issued several rulings addressing diverse tax disputes, deductions, and assessment procedures across multiple jurisdictions. In early August, the Bangalore bench denied a Section 80P deduction claim for a Primary Agricultural Credit Co‑operative Society due to filing delays, while the Jaipur bench ruled in favor of Bhandari Bros, directing that TDS credit be granted despite being deducted under the wrong provision. By mid-August, the tribunal's activity expanded to include rulings in Hyderabad, New Delhi, Bangalore, Pune, and Delhi. These decisions covered topics such as profit estimation on seized materials, the validity of capital loss claims on unlisted shares, partner remuneration deductions, and transfer pricing adjustments. Additionally, the Delhi ITAT remanded an assessment for Hitachi Astemo Haryana Private Ltd. because the final order failed to follow mandatory directions from the Dispute Resolution Panel. In late August, the tribunal issued further rulings across several cities. In Mumbai, the ITAT upheld tax exemptions for the National Payments Corporation of India (NPCI) under Sections 11 and 12, ruling that transaction fees for services like RuPay and IMPS do not render its operations commercial. In Delhi, the tribunal ruled in favor of K R Pulp & Papers Ltd., deleting adjustments exceeding ₹84 crore regarding electricity and steam transfers. Other recent decisions include the Mumbai ITAT directing TDS payment verification for Vaayu Infrastructure LLP, the deletion of tax additions for Eager Corporation due to a lack of incriminating material, and the Bangalore ITAT condoning a 247-day delay for a farmer's appeal. Expanding beyond the ITAT, the Supreme Court of India ruled in the case of Wipro Limited that conditions under Section 10B(8) of the Income Tax Act, 1961, regarding the timing of declarations for opting out of certain exemptions, are mandatory. ## Timeline ### 2026-08-24: India's ITAT issues major rulings for Reliance Jio and NPCI The Indian Income Tax Appellate Tribunal has issued multiple rulings, including a major ₹11,003 crore tax victory for Reliance Jio and upholding tax exemptions for the NPCI. 5 sources. https://clstr.news/cluster/income-tax-appellate-tribunal-issues-multiple-rulings-in-india ### 2026-08-17: Income Tax Appellate Tribunal issues multiple rulings on Indian tax disputes The Income Tax Appellate Tribunal has issued multiple rulings in India, covering cases on transfer pricing, capital losses for unlisted shares, and partner remuneration deductions. 2 sources. https://clstr.news/cluster/income-tax-appellate-tribunal-issues-multiple-rulings-on-indian-tax-assessments ### 2026-08-03: India's ITAT rejects Section 80P deduction claim and restores TDS credit in tax appeals India's ITAT denied a Section 80P deduction for a co‑operative society that missed its original return and ordered a review of income classification, while it granted TDS credit under Section 194Q to commission 2 sources. https://clstr.news/cluster/indias-itat-rejects-section-80p-deduction-claim-and-restores-tds-credit-in-tax-appeals --- Cite as: Indian Income Tax Appellate Tribunal rulings. CLSTR, https://clstr.news/situations/indian-income-tax-appellate-tribunal-rulings