Courts: ITAT Ahmedabad
2,451 articlesIncome Tax

Income Tax
Capital gain from jointly owned property sale cannot be attributed to single co-owner
Income Tax

Income Tax
Oil wells are plant and machinery and eligible for higher depreciation
Income Tax

Income Tax
Interest on money borrowed for business is allowable as business expenditure
Income Tax

Income Tax
Penalty u/s 271D leviable on failure to establish reasonable cause for taking cash loans
Income Tax

Income Tax
TDS Credit Denial Due to Assessee’s Mistake is impermissible: ITAT Ahmedabad
Income Tax

Income Tax
No Section 271(1)(c) penalty leviable when income assessed shown in return
Income Tax

Income Tax
Profit eligible to deduction u/s 80IA(4)(ii) reducible due to revenue sharing
Income Tax

Income Tax
ITAT Allows Bad Debts Adjustment Against Provisions
Income Tax

Income Tax
Denial of deduction u/s 80P sustained as return filed belatedly
Income Tax

Income Tax
Penalty u/s 271D not leviable as reasonable cause for violation of section 269SS duly demonstrated
Income Tax

Income Tax
Assessment order passed on a non-existent company is null and void
Income Tax

Income Tax
Section 234E late fee is not always mandatory and can be waived
Income Tax

Income Tax
Income generated cannot be held bogus only based on modus operandi
Income Tax

Income Tax
