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.
TP: No deduction u/s 10A on enhanced value after ALP adjustment
S. 80IC: 100% deduction allowed on every substantial expansion
Penalty u/s 271AAA not tenable where no search conducted
S. 68 No addition if parties have enough bank balance while giving loan
Subsidy to set up new unit/expand existing unit is capital receipts
Unilateral claim based on internally generated documents without any independent evidence cannot be allowed as business expenditure
License fee for use of application software with limited right to use, is revenue expenditure u/s 37
Income from temporary letting of Property taxable as Income from House property if letting is not main object
Revenue expenses u/s 37 allowed in same year, AO not authorized to treat as deferred revenue expenditure
Assessment in the name of non-existent entity is void ab initio
Actual date of transfer relevant for benefit u/s 54 if possession been given before ‘Sale Deed’
Can ITAT decide on stay of demand without having quantum appeal before it?
Licence/ Royalty fees to facilitate Trading Operation & Effective Management is Revenue in Nature
Notice issued or assessment made post receiving direction u/s 124 from CIT to transfer the case is invalid
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.
