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.
Wrong Name on Assessment Order of non existent Company can’t be cured by section 292B
Estimation of NP: Separate addition for creditors & Loan cannot be done
No Penalty U/s. 271AAA if Assessee substantiated the manner in which undisclosed income was derived
Severe financial crisis is a reasonable cause for late payment of TDS
No Penalty for addition due to deeming provisions of Section 50C
Income from let out property- Ownership vis-a-vis nature of activity
Remuneration to partners cannot be disallowed if Partnership deed mentions the method of quantification
Registration U/s. 12AA cannot be denied for mere failure to produce original copy of MoA
Disallowance U/s. 40A(2)(b) not justified without proving that expense incurred by assessee is excessive
Remuneration to Chairman of Govt Company is Business Expense
Merely because Agricultural land is declared as industrial land same cannot be held to be a capital asset
In absence of accumulated profit, section 2(22)(e) cannot be invoked
Mere charging of fee from student would amount to uncharitable activity
Annual expenses on WAN and & local hardware are allowable as revenue expenditure
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.
