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.
Revenue Appeal not maintainable against addition deleted based on Remand Report
Bonafide mistake in Disclosure of income under wrong head – No penalty u/s 271(1)( c)
Compensation received towards damage to the land is capital receipt
Where all critical functions & risk is assumed by AEs, it is not permitted to re-characterize the facilitation service provided as trading activity
Imputed interest computed on deemed loan resulting from issue of equity shares less than the fair market value is not legally sustainable
When both AE and Indian enterprise are making contribution then PSM is to be follow for determination of ALP
No further addition on issues covered by settlement commission order in other proceedings
Taxability of Interest earned on Share capital put in form of FDRs for procurement of capital goods
sec 263 can be invoked If assessment has been done without examinations/inquiry
NO TDS on payment of Interest by co-operative society to its Members
Penalty u/s 271D & 271E for raising & repayment of loans in cash cannot be imposed if sufficient reasonable cause exist
Order u/s 250 cannot be passed ex-parte without giving reasonable opportunity of being heard to assessee
Disallowance on account of non-deduction of tax can be removed under non-discriminatory clause of India-Japan DTAA
There is not concept of deferred revenue expenditure in Income Tax Act, 1961
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.
