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.
Addition U/s. 68 for non reply of Notice U/s. 133(6) – ITAT remanded matter Back to A.O.
ITAT reduces addition made by AO after rejecting the books of accounts
If the entire demand had been deleted the penalty imposed too deserves to be deleted
If business was set up during the year Assessee entitled to benefit of carry forward of business loss and depreciation
Genuineness of transaction when identity of the share holders has not been established and notice u/s. 133(6) remained unserved
Appeal filed by the assessee liable to be unadmitted/dismissed, for non attendance
For rejecting the view taken in earlier assessment years, there must be a change in the fact situation or a material change in law
No addition can be made U/s. 68 if Assessee furnished Acknowledgement of Income Tax Returns of persons who advanced money
Section 271(1)(c) – CA’s Opinion Does Not Make Claim Bona Fide
In case of inheritance, if assets were acquired by the previous owner before 1st April, 1981, then, cost index should be based on the index of financial year 1981-82
Revenue cannot prefer appeal before ITAT if tax effect is below the prescribed limit of Rs. 3 lacs
PMS transactions taxable as business profits – ITAT’ takes Contrary View
Outsourcing no legal bar to section 10B exemption
Appeal does not mean merely filing of the appeal but effectively pursuing it
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.
