Courts: ITAT Delhi
6,401 articlesIncome Tax

Income Tax
Penalty u/s. 271AAA not imposable as undisclosed income admitted in statement recorded u/s 132(4)
Income Tax

Income Tax
Bogus expenditure incurred in earlier years can be taxed in subsequent years
Income Tax

Income Tax
Mere non-construction of property cannot be a ground to deny benefit u/s 54F
Income Tax

Income Tax
NAV method is one of recognized methods provided in rule 11UA of Income Tax Rules
Income Tax

Income Tax
ITAT refuses condonation of 1005 days delay caused due to negligence
Income Tax

Income Tax
Discounted cash flow is the recognized method as per section 56(2)(viib)
Income Tax

Income Tax
Addition for Violation of section 40A(3) sustained because of non-satisfying reply
Income Tax

Income Tax
Order passed on non-existing entity is liable to be quashed
Income Tax

Income Tax
ITAT deletes Addition for Cash Deposit which was based on strange logic
Income Tax

Income Tax
On-money received on sale of agricultural land, even when not declared, is also exempt & cannot be taxed
Income Tax

Income Tax
Invocation of revisionary proceedings u/s 263 merely because of non-agreeing to the view of AO is unjustified
Income Tax

Income Tax
Global operation fees not taxable as FTS under India-UK DTAA
Income Tax

Income Tax
Notional interest not taxable as bank statement doesn’t show credit of any interest
Income Tax

Income Tax
