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.
Section 14A applies only where there is actual receipt of income
Interest received by Contractor due to delay in payment is Business Income
Book of Contractor cannot be rejected for Mere low Profit or Non Maintenance of Stock Register
RBI NPA guidelines overrides Income Tax Act & binding on income tax authorities
Section 36(1)(vii) and 36(1)(viia) are separate, distinct and independent from each other
Reopening based on facts disclosed in Profit & Loss account during Original Assessment not permissible
After expiry of 4 Years no notice u/s. 148 can be issued without approval of CCIT or CIT
DEPB benefits eligible for deduction under Section 10B
Registration U/s. 12AA/ 80G cannot be denied by examining issues which are relevant for assessments
Income Accumulation for future utilization on one of trust’s object stated in memorandum is not accumulation towards general purpose
Bogus Purchase- Mere Adjustment in Purchase without disturbing Sales not Justified
AO cannot treat Advertisement expenses as deferred revenue expenditure
CIT can reject trust registration u/s 12AA if Trust deed is not having dissolution clause
CIT not authorized to verify charitable activities of trust while granting registration u/s 12AA
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.
