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.
Being an investment company, interest on loan used for investment in jointly controlled entity allowed as revenue expenditure
Gifting of property will entitle assessee to claim exemption u/s 54 if left with only one
Rates as per DTAA includes all surcharges, addition on account of education cess not sustainable
Warehouse leasing Income of Company incorporated with such object is to be taxed as business income
Addition u/s 68 cannot be made solely on the ground of non-production of payer’s bank statement
Section 263 – Revision valid where AO has not made any enquiry about quantification of losses claimed
Reassessment not valid on mere information of investigation wing as no direct nexus establishes with income escapement
If AMP is an International Transaction than TPO have jurisdiction over it even without any reference by A.O.
Mere Change in profit sharing ratio would not change constitution of Partnership firm
Continuously selling of product depicts commercial production not trial production
Transfer pricing adjustment is not one of the adjustments contemplated under Explanation 1 Section 115JB(2)
Reassessment proceedings could not be declared as null and void where AO was prompted by correct information
S.132(4A): Additions based on passbook found in custody of assessee, who operates such account, is duly valid
ITAT explain difference between Corporation by and under an Act while considering TDS on Interest to Noida
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.
