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.
Bogus purchases- ITAT allows addition only for gross profit not for full Purchase
Omission to claim deduction u/s 57(iv) is rectifiable under Section 154
No capital gain tax on disputed pending transfer of shares
Mere suspicion of transaction cannot conclude unsecured loan as unexplained
Interest on income tax refund received by non-resident companies is taxable irrespective of PE
Bad Debts allowable if written off in books of account despite non-reply by such debtor to Section 133(6) notice
ITAT set-aside Section 12A order passed by CIT(E), which was passed without considering objection of Appellant
Activities of ‘Ernet India’ are charitable & eligible for Section 11 exemption
Amount given for purchasing share holding cannot be treated as Loan for Section 2(22)(e)
Section 54F deduction claimable to the extent of capital gain amount utilized till return filing under Section 139(4)
ITAT rejects Fabrics business theory put by a practicing CA to explain Cash Deposits
Interest on Idle fund deposited in bank temporarily is taxable as Business Income
Expense on purchase of cigarettes, wines etc. cannot be allowed as business expenses
Section 14A disallowance needs to be re-worked based on investments which yielded tax free income
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.
