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.
Incorrect claim based on CA report won’t attract penalty
Export made through third parties eligible for deduction u/s 10B
Non-Consideration of Preposition laid down by Jurisdictional HC by Tribunal in its order is an apparent mistake
No penalty for bonafide mistake in claiming both depreciation & deduction U/s. 24(a)
Sec.153A Addition without incriminating material w.r.t. completed assessments not valid
Reopening to disallow deduction allowed during scrutiny assessment not permissible
Books cannot be rejected for mere irregularities in case payment
In absence of books of account, no penalty for non-Audit of books
S.40A(3) No disallowance for genuine & bonafide cash transactions
Arbitrary higher profit rate on unaccounted sale not permitted
Assessment u/s 150 not permissible for time barred assessments
S.24 Interest for property acquisition allowed despite use in construction
Liaison office not in core business activity, not constitute PE
While granting sanction u/s 151, application of mind is sacrosanct
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.
