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.
No Penalty under section 271(1)(c) if Addition on estimate basis
Ground & technical handling services rendered to other airlines in India- Taxation
Transfer pricing provisions do not apply to non-genuine or sham transactions
ITAT deletes addition made based on transactions wrongly reported in AIR
Processing fees paid to bank for increase in working capital overdraft facilities is revenue expense
Exemption U/s. 11 on Importing, developing & distributing Bar code technology to Business
No Addition U/s. 68 if Assessee able to Prove identity of creditor, its creditworthiness & genuineness of transaction
Transactions, cannot be doubted merely because companies have meager income or for mere non-production of director
For Similar Transactions with Related and Unrelated Parties if Price is Comparable, It is taken to be at ALP
No penalty for Wrong claim of depreciation by crediting capital subsidy to reserves instead of reducing from actual cost/ WDV
Interest received from debtors for late payment of sale proceeds eligible for Deduction U/s. 80-IC
Reason for reassessment without application of mind if it not specifies that accommodation entries were taken or provided
TDS not deductible on Sim Card & recharge coupon discount
Search & Seizure: No Incriminating Evidence Found, No Addition Can Be Made
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.
