Courts: ITAT Delhi
6,401 articlesIncome Tax
Income Tax
Taxing under capital gain can be burdened only when cost of acquisition is established
Income Tax
Income Tax
Withdrawing benefit of TDS on advance rent received unjustified: ITAT Delhi
Income Tax
Income Tax
TDS provisions not applicable on Year end Provisions in absence of ascertainable amount & identifiable payee,
Income Tax
Income Tax
Approval accorded u/s. 153D without application of mind is unenforceable in law
Income Tax
Income Tax
Reassessment merely based on information received from investigation wing is bad in law
Income Tax
Income Tax
Deduction towards bad debts written off available as part of sales amount not received
Income Tax
Income Tax
New property cost for exemption u/s 54 has to be as per collaboration agreement & sale deed
Income Tax
Income Tax
Disallowance u/s. 14A cannot be more than exempt income
Income Tax
Income Tax
Disallowance u/s 40(a)(ia) unsustainable as payment to non-resident not taxable in India
Income Tax
Income Tax
Expenditure relating to import of rubber process oil incurred for carrying on business is deductible u/s 37(1)
Income Tax
Income Tax
Secretion 32 – No condition of put to use once asset falls within a particular block
Income Tax
Income Tax
Amount paid wholly and exclusively for business purpose is allowable expenditure
Income Tax
Income Tax
Addition unjustified in absence of concrete material demonstrating understated scrap sales
Income Tax
Income Tax
