Courts: ITAT Delhi
Find latest ITAT Delhi judgments, orders and case laws on income tax covering assessments, transfer pricing, international taxation, deductions, TDS, reassessment and penalties.
Merely claiming exemption which was not acceptable to department cannot entail levy of penalty u/s 271(1)(c)
Committed & obligated payment are reimbursement of expenses & not fee for technical service
Repayment of debt which is taken as part of receipt is application of income
Without assessing escaped income AO cannot assess other items of income
Grants used as per terms & condition for particular event held abroad doesn’t require CBDT approval
Audited Books cannot be rejected for Producing Photocopy of Bills instead of original
Claim allowed in scrutiny proceedings cannot be withdrawn by AO by mere change of opinion
Once it is proved that receipt is in nature of managerial service, same cannot be treated as FTS
Depreciation allowed in earlier year cannot be disallowed later alleging non-generation of revenue
As per India-Japan DTAA, levy of surcharge and cess cannot exceed tax rate of 10%
Filing of Form 10CCB is Directory in Nature and Not Mandatory
Reasonable amount of expense towards gifts for dealers is allowable
Penalty u/s. 271(1)(c) unsustainable as no adjustment on transfer pricing issue wouldn’t subsist
No Penalty u/s 271(1)(c) when Quantum and Enhancement by CIT(A)-Deleted in Quantum Appeal
ITAT Delhi judgments and orders constitute a substantial body of appellate case law under the Income-tax Act. This page compiles ITAT Delhi decisions concerning assessments, additions, deductions, exemptions, business income, capital gains, transfer pricing, international taxation, TDS, reassessment, unexplained income, penalties, limitation and procedural disputes. Companies, individuals, Chartered Accountants, advocates and tax professionals can use this collection to research Tribunal precedents relevant to income-tax matters. TaxGuru brings together recent and significant earlier ITAT Delhi judgments and orders, providing a convenient resource for following developments in direct tax jurisprudence and researching recurring issues arising in assessments and appeals.
