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.
Non resident assessee eligible to avail benefit of proviso to Section 112(1)
Penalty cannot be imposed in respect of income surrendered without linking to incriminating documents
Discount on Property Purchased from Broker is Capital Receipt
Section 148: Onus to prove Service & Proper Service of Notice is on AO
Unsigned & Undated Paper cannot be considered without corroborative evidence
Penalty only on Disproved claim of expenditure & not unproved
ALP not to be tested with growth in business rather by applying suitable method to transaction itself
Compensation for Loss of opportunity to do business is a capital receipt
Renovation in the nature of Permanent structure not eligible for 100% depreciation
S. 14A cannot be invoked if no regular activity in respect of Investment
Addition U/s. 68 not justified for mere allotment of Shares at Premium of Rs. 39900
No penalty for not declaring STCG due to bonafide mistake/clerical error
Satisfaction of need, rendition & benefit test is to be from assessee’s business point of view
Search Assessment in absence of incriminating material not valid
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.
