Courts: ITAT Hyderabad
1,142 articlesIncome Tax
Income Tax
Sec. 271(1)(c) No Penalty for addition U/s. 50C if Assessee furnishes all details
Income Tax
Income Tax
Director Salary not excessive in absence of any material on record
Income Tax
Income Tax
Section 80IA(4)(iii): Deduction for approved industrial park cannot be denied by CBDT being merely a notifying authority
Income Tax
Income Tax
Assessment completed by AO relying on estimations cannot be remanded back by CIT to reverify some aspects of estimation relied on
Income Tax
Income Tax
Mere non-production of proof for dispatch of documents does not entail disallowance
Income Tax
Income Tax
In respect of Non-rural advances both provision and bad debts actually written off are allowable simultaneously
Income Tax
Income Tax
AO cannot go beyond the directions/ orders of CIT (A) while working under the order
Income Tax
Income Tax
Amount advanced for supply Material/Labour cannot be treated as deemed dividend U/s. 2(22)(e)
Income Tax
Income Tax
Revenue cannot be aggregated for determining ALP of software development services for two different sectors
Income Tax
Income Tax
Assessee making periodically RBI approved royalty payments to its AE, TPO not justified in determining ALP at Nil
Income Tax
Income Tax
Section 68 can’t be invoked if Transactions made are through proper Banking Channel & Assessee proves Identity & Genuineness
Income Tax
Income Tax
Charitable activities cannot be held as business merely due to charge of fee for rendering services
Income Tax
Income Tax
Genuine expenditure paid in cash cannot be disallowed u/s 40A(3)
Income Tax
Income Tax
