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.
Transfer of leasehold rights in land and building would not attract provisions of section 50C
Compensation for termination of MoU which enables assessee to carry on business of mining is a capital receipt on account of loss of ‘source of income’
No Addition based on mere statement recorded u/s 132(4) in the absence of Supporting evidences
Expenditure incurred during temporary lull of business should be an allowable expenditure
Sum paid in the course of Land Business & Forfeited by land owners allowable as Business expense
Scrutiny Assessment Void if not as Per CBDT Scrutiny Guidelines
Assessment u/s. 153A can be made only on the basis of incriminating material found during search
No Interest disallowance for amount advanced without interest out of Interest free funds
S. 2(22)(e) not applies to amount advanced for investment on behalf of company
Income already offered for taxation cannot be taxed again as undisclosed income
Expense cannot be disallowed merely because assessee named it as short recovery and not bad debt
Protective additions in minors hand not required if made on substantive basis in fathers hand
Urgency to ensure honouring of cheque constitute a reasonable cause u/s. 273B
Transfer Pricing – Scope of +/- 5% tolerance adjustment to ALP explained
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.
