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.
Deemed dividend provisions not applicable on Normal Business Advances
Mere transaction through banking channel not sufficient to prove genuineness
Notional Interest which is part of Purchase price is business income
Bogus LTCG – ITAT refuses to grant Stay of Demand
Penalty justified for not complying section 142(1) notices without reasonable cause
Section 153A Assessment not sustainable if No incriminating material found during search
Section 153C Assessment not valid for assessment years not covered within 6 year period
Bogus Purchases: Only GP can be added as undisclosed income
Section 147: Mere ‘Yes’ on approval not amounts to due application of mind
No TDS if no separate payment made for purchase of software embedded in mobile phones
Section 54/54F Deduction cannot be denied for delay in construction by developer
No CBDT circular or instruction can be contrary to decision of SC
Mere participation in section 147 proceedings not confers jurisdiction upon AO
No penalty for wrong claim due to inadvertent clerical error committed by CA
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.
