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.
Income from Cultivation of parent hybrid seed is non agricultural Income and taxable as business income
Any company whose principal business is banking or granting of loans and advances will not be attracted by explanation to section 73 of the IT Act, 1961
Live payment nexus in routing of income between employer and expatriate personnel must be established so as to attract section 163(1)(c) of Income tax Act, 1961
Section 92 of Income Tax Act,1961 not applicable to advertisement expenditure incurred by assessee, a wholly owned subsidiary of an American restaurant company in India
Expenditure incurred on modification and renovation of a building before commencement of business is neither allowable U/s. 30(a)(ii) nor section 37
AO not justified in adjustment to a international transaction whose arm’s length character is accepted by Transfer Pricing Officer (TPO)
Applicability of rule of limitation in respect of appeal filed after an inordinate delay without reasonable cause
For a debt to be classified as bad, assessee has only to write it off as irrecoverable in its accounts
Burden to prove the genuineness of the gift is on the Assessee
If the income is surrendered with the condition that no penalty be imposed, then the AO not justified in imposing the penalty
Income from trading of shares will be speculative business within meaning of provision of Explanation to section 73
Applicability of year end rate for conversion of business income earned in foreign currency
Allowability of depreciation on participatory right in the nature of license
Exempt long term capital gains to be included for MAT computation: Delhi ITAT
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.
