Courts: ITAT Ahmedabad
2,451 articlesIncome Tax
Income Tax
Addition merely based on SCN issued by Excise Department not sustain if CESTAT decided in favour of assessee
Income Tax
Income Tax
Car Showroom Renovation expenses allowable as ‘Revenue’ expense
Income Tax
Income Tax
Expense having no nexus with Income from other sources cannot be allowed
Income Tax
Income Tax
No deduction u/s 37(1) for expenses incurred by doctor on organizing musical programme, sponsoring garba event and gifts to fellow doctors
Income Tax
Income Tax
Receipt of amount via banking channel doesn’t make transaction genuine
Income Tax
Income Tax
Addition based on Information from NSE not valid if Assessee not given sufficient time
Income Tax
Income Tax
Interior expenses on rented premises cannot be categorized as capital in nature
Income Tax
Income Tax
Shares can be hold as both investment and stock-in-trade
Income Tax
Income Tax
Transaction charges incurred wholly and exclusively for business is allowable expenditure
Income Tax
Income Tax
Levy of penalty u/s 271(1)(c) unsustainable as matter debatable
Income Tax
Income Tax
Exception to Trust cannot be denied merely for delay in filing audit report in prescribed form
Income Tax
Income Tax
No section 69 addition for duly explained & genuine cash deposit in bank
Income Tax
Income Tax
Reopening based on show cause issued by Excise Department not justified
Income Tax
Income Tax
