Courts: ITAT Hyderabad
1,179 articlesIncome Tax
Income Tax
Expenditure incurred in foreign exchange is to be reduced from the total turnover while computing the deduction under s 10A
Income Tax
Income Tax
Only the expenses that have been incurred after the date of entering into agreement are liable for mark-up
Income Tax
Income Tax
Section 80-IA(5) Set Off Of Absorbed Loss- ITAT Declines To Follow HC judgement
Income Tax
Income Tax
Notional brought forward losses and depreciation should be set off in the current year while calculating the deduction u/s. 80-IA even though they have been set off against other income in earlier years
Income Tax
Income Tax
Exempt income is liable to MAT
Income Tax
Income Tax
Long term capital gain cannot be excluded from net profit for purpose of computing book profit under section 115JB
Income Tax
Income Tax
Reimbursable expenditure received by the assessee cannot form part of the total income under DTAA between India and USA
Income Tax
Income Tax
Income-tax – Assessee cannot claim any credit for TDS on income which is not offered for taxation
Income Tax
Income Tax
Money advanced to subsidiary company cannot be allowed as deduction on writing off the same
Income Tax
Income Tax
MAT u/s.115JB is payable even on exempt income
Income Tax
Income Tax
Whenever assessee incurs expenditure for repair and maintenance of a building taken on lease for carrying on its business activity, it has to be allowed u/s 30(a)(i) provided same does not fall in capital field
Income Tax
Income Tax
Reimbursable expenditure cannot form part of fee payable for technical services under Indo-US DTAA
Income Tax
Income Tax
Expenditure in the nature of reimbursement cannot fall within the purview of fees for technical services
Income Tax
Income Tax
