Courts: ITAT Bangalore
2,100 articlesIncome Tax
Income Tax
No penalty on income surrendered in survey proceedings which was disclosed in return of Income
Income Tax
Income Tax
Cancellation of Trust Registration not valid for mere carrying of commercial activities
Income Tax
Income Tax
Loss of Eligible Business Unit u/s. 80IB(10) can be set off against other business income
Income Tax
Income Tax
Deduction u/s. 10A is allowable without setting off of losses of other units
Income Tax
Income Tax
TPO may use date which may not have been available to the assessee at the time of preparation of statutory transfer pricing study/documentation
Income Tax
Income Tax
TP – Comparable with more then 15% related party transactions not justified
Income Tax
Income Tax
Trust can claim double benefit of depreciation and application of Income U/s. 11 on Fixed Assets
Income Tax
Income Tax
If cash payments not covered by exceptions provided under rule 6D expense is disallowable
Income Tax
Income Tax
S. 54F Exemption can be claimed for residential house purchased outside India
Income Tax
Income Tax
Losses of non Section 10A units cannot be set off against profit of 10A unit
Income Tax
Income Tax
Non-technical services can be taxed as business income only if Non Resident has PE in India
Income Tax
Income Tax
TPO only has to compute ALP & not suppose to comment on a transaction
Income Tax
Income Tax
Warranty provisions made on scientific & Reasonable basis is allowable
Income Tax
Income Tax
