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.
Surrender after detection of incriminating material with regard to income so surrendered is not voluntary
TDS liability U/s. 194I do not arise in absence of existence of landlord-tenant relationship
Interest on refund could not be denied / delayed unless same is due to assessee’s failure to submit details
Gain from sale of ESOP rights surrendered after 12 months chargeable as LTCG
Reassessment initiated on the basis of materials which were available during original assessment not valid
Adhoc disallowance of expense without specifically discussing which expenses were found unverifiable not valid
No additions for mere violation of RBI’s norms on valuation of shares sold by non-resident to resident
Assembling of AC, DVD, Microwave is ‘manufacture’ & income from such activities eligible for deduction U/s. 80IB & 80IC
Comparables cannot be rejected simply because they are loss or high profit making comparables
Perpetual right of possession of Hotel suite with right to transfer is capital Asset
Loan paid by guarantor to lender on default by borrower is ‘capital receipt’ for borrower
S.115JB Provision for doubtful debt to be added to Book Profit for MAT Calculation
ALP of loan transaction has to be determined as per CUP & LIBOR
Transfer Pricing – Principal of consistency need not be followed despite no change in assessee’s operating model/activity
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.
