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.
Incorrect assumption of facts, or incorrect application of law can only satisfy the requirement of the order being erroneous
Commission paid to whole time working directors of company is allowable expenditure
Loss of non-eligible unit can not be set off against profit of eligible unit for calculation of deduction u/s. 10A
Tax liability of company who have no PE in India and remunerate its Indian Agent on arm’s length basis
Mixing of ready mixed concrete is manufacturing activity and additional depreciation is allowable on machinery used for mixing
Onus of proving prove identity of creditor, his creditworthiness and genuineness of transactions is on Assessee
Determination of PE when Research of product produced by Non-Resident Company situated in USA is done by its branch office in India
RBI’s approval does not put a seal of approval on true character of a transaction from perspective of transfer pricing regulation
Notional interest on interest-free loans is assessable under transfer pricing law
S.153A does not authorize de novo assessment. Non-pending assessments do not abate. Additions must be confined to search material.
Surplus arising to a partner from transaction of contribution of land held by it to a firm as capital contribution shall be taxable u/s 45
Commissioner is empowered to satisfy himself that the trust activates are genuine and in consonance with its objects before granting approval u/s 80G
Use of Cash Profit / Sales and Cash Profit / Cost emphasized as an appropriate PLI for use of TNMM
Even introduction of stock-in-trade as capital contribution into firm attracts S.45(3)
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.
