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.
Disallowance U/s. 14A not applicable on investment on which dividend received is chargeable to tax but allowed Rebate under DTAA
Deduction U/s. 80IA not available on interest on FDR by a company engaged in providing infrastructure facilities
Amount forfeited due to breach of lease contract is allowable Business expenditure
Notice/ order on dead person/ wound-up company is a nullity if department is made aware of the same
TDS not deductible on service tax component on rent
Provision for warranty expenses for ascertained liabilities calculated on technical estimates deductible
Exemption claimed cannot be denied for mere wrong Punching in ITR due to Oversight
Hostel, mess and transport facility surplus cannot be considered as business income if these are incidental to the main object of the Society
Profit from share is assessable as business Income in case of short duration of holding of shares and lack of clarity in account books
Transport facility by School is incidental to main object of education
Penalty U/s. 271AAA cannot be levies if No search has taken place at assessee’s premises
Disallowance for personal use of Car cannot be made for mere non maintenance of log book
Jewellery cannot be treated as unexplained merely for continuance of sale jewellery for years
Deduction U/s. 54F available on Payment towards construction of house prior to sale of flat
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.
