Courts: ITAT Hyderabad
1,142 articlesIncome Tax
Income Tax
ITAT disallowed loss on Sales made at lower rate to reduce taxable Profit
Income Tax
Income Tax
Sec. 40A(3) applies only to revenue expenditure debited to P&L account
Income Tax
Income Tax
S. 271D / 271E Penalty not leviable on genuine Cash transaction of convenience
Income Tax
Income Tax
Jurisdiction U/s. 263 cannot be assumed for non-communication of Form 3CL by DSIR to DIT (E)
Income Tax
Income Tax
Weighted deduction u/s 35(2AB) on expenditure outside the R & D unit
Income Tax
Income Tax
Tax on Income from mushrooms grown in controlled conditions
Income Tax
Income Tax
Mushrooms are fungus and Income from production & sale of Mushrooms is ‘agricultural income’
Income Tax
Income Tax
Exemption U/s. 11 cannot be denied for Mere collection of fees for water Testing
Income Tax
Income Tax
No addition separately for bank deposits when Income been assessed on estimated basis
Income Tax
Income Tax
TDS not deductible on Advance Received towards Professional Fee which is returned back
Income Tax
Income Tax
No disallowance for purchase of old Gold from customer against sale of new ornaments
Income Tax
Income Tax
No addition separately for Scrap Sales when Income been assessed on estimated basis
Income Tax
Income Tax
Apportionment of expense on R&D and ESOP having no nexus with products manufactured in exempted units not justified
Income Tax
Income Tax
