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.
Penalty U/s. 271(1)(c) not justified based on mere high stamp duty valuation of property
Penalty for transfer pricing adjustment not justified if ALP was determined in good faith and with due diligence
Penalty not justified for loan received in cash and immediately refunded
Addition based on unauthentic / Unsigned Swiss bank statement U/s. 68 not sustainable
Allowability of Depreciation on Gym Equipment Installed at House of Managing Director
Accommodation entry: Reassessment based on mere inquiry in case of 3rd party not justified
Initiation of reassessment during pendency of Sec. 143(2) proceedings is invalid
Accrual basis accounting: Income of relevant F.Y. is to be accounted in same F.Y.
Sales Tax Penalty not allowable as business expense to the extent it is not compensatory
Penalty waived for non-attendance by earlier Counsel without intimating assesse
TDS U/s. 194H not applicable on Bank Guarantee Commission
Reassessment based on satisfaction of AO not having Jurisdiction over Assessee is invalid
Validity of Reassessment to verify genuineness of gift based on Assessment of relatives
Subsidy received for setting up of or expansion of industry: Whether ‘Capital receipt’ or a ‘Revenue Receipt’
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.
