Courts: All ITAT
25,449 articlesIncome Tax

Income Tax
Disallowance u/s 14A cannot be more than exempt income
Income Tax

Income Tax
Addition u/s 68 towards unexplained cash credit unjustified as source of credit entries explained
Income Tax

Income Tax
Disallowance of foreign travel expenditure justified as business expediency not proved
Income Tax

Income Tax
Income derived from twin land transactions treated as business income
Income Tax

Income Tax
Discount towards sale of low-quality sponge iron to sister concern duly allowable
Income Tax

Income Tax
Revision u/s 263 without recording a finding regarding escapement of income is unsustainable
Income Tax

Income Tax
Annual Lettable Value of vacant property held as stock-in-trade is computed at NIL
Income Tax

Income Tax
‘Mark to Market’ loss on forward and further contracts are not contingent in nature
Income Tax

Income Tax
Law Doesn’t Mandate establishment of Nexus Between Interest-Free Funds & Exempt Income Investments by assessee
Income Tax

Income Tax
ITAT Delhi Dismisses Revenue’s Appeal on Low Tax Effect
Income Tax

Income Tax
Addition u/s 69A deleted as receipt of gifts in cash on various occasions is common in India
Income Tax

Income Tax
Penalty u/s 271(1)(c) not leviable in absence of concealment of particulars of income
Income Tax

Income Tax
Interest from investment in bank governed by Co-operative Societies Act is eligible for deduction u/s 80P(2)(d)
Income Tax

Income Tax
