Courts: ITAT Ahmedabad
2,451 articlesIncome Tax

Income Tax
Deduction u/s 37 allowable towards gifts given to business associates and executives
Income Tax

Income Tax
Invocation of section 263 justified as AO allowed deduction u/s 54B without necessary inquiry
Income Tax

Income Tax
ITAT deletes Addition for Cash Gift from Uncle and Aunt
Income Tax

Income Tax
Mere Downfall in GP Ratio not give authority to revenue to make addition
Income Tax

Income Tax
Income from property held as stock would be income from business
Income Tax

Income Tax
No further addition for unaccounted inventory already accounted in books
Income Tax

Income Tax
Cash wrongly deposited in bank A/c of Appellant: ITAT deletes Section 271D penalty
Income Tax

Income Tax
Justice cannot be deprived for mere filing of Appeal in Paper mode instead of Electronic
Income Tax

Income Tax
Transfer not complete if possession not delivered to purchaser
Income Tax

Income Tax
Interest cannot be disallowed for mere non-conduct of business
Income Tax

Income Tax
Secret Commission paid to parties in Cheque Discounting Business was eligible for 50% Deduction
Income Tax

Income Tax
Object beneficial to a section of public is an object of general public utility
Income Tax

Income Tax
No Section 271(1 )(c) penalty on addition under Section 50C
Income Tax

Income Tax
