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.
No addition in respect of concluded assessments unless some incriminating material was found during search
Penalty cannot be levied for every disallowance made in assessment order
Transfer of loan through journal entry is not violation of sec 269
Jewellery prescribed limit treated explained Revenue shows anything contrary
Benefit U/s. 54 / 54F on property jointly held by assessee with wife for Security Purposes
ITAT criticises AO and DRP for blatantly frivolous and unsustainable additions
In Real Estate Broking Business passing of Commission is normal Practice
Litigation & electricity charges allowable in Capital Gain Calculation if for improvement of the property
TDS not deductible on Payments to banks for utilization of credit card facilities are in
In Assessment U/s. 153A/153C additions cannot be made unless they are based on any incriminating material or inquiries based on such material
Amount received by liaison office over and above the expenses actually incurred is taxable
Additions without proper opportunity of being heard not justified
No Addition U/s. 68 for RNBC/ Banks despite not proving creditworthiness of depositors if complied with KYC norms
Short Deduction of TDS – Assessee cannot be treated in default if acted in bonafide manner
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.
