Courts: ITAT Ahmedabad
2,451 articlesIncome Tax

Income Tax
Bad debt of Advance to Subsidiary Company for Business Purpose allowable
Income Tax

Income Tax
ITAT allows section 80G Deduction as sufficient evidence produced by Assessee
Income Tax

Income Tax
No section 68 addition for Loan Received and repaid vide cheque
Income Tax

Income Tax
Interest earned on loans to staff members taxable as Income from Other Sources
Income Tax

Income Tax
Section 271(1)(c) penalty not imposable for Erroneous double provision for interest
Income Tax

Income Tax
Addition based on Borrowed Satisfaction cannot be made
Income Tax

Income Tax
Business loss cannot be disallowed without taking cognizance of all relevant aspect
Income Tax

Income Tax
Non deduction of expenses for non-deduction of TDS & inclusion of same by deductee in their income tax return – ITAT directs assessee to submit CA certificate
Income Tax

Income Tax
Business Losses set-off allowable against Speculative Income
Income Tax

Income Tax
Penalty u/s 271(1)(c) not leviable on committing bona fide mistake
Income Tax

Income Tax
Different yardsticks not allowed for same property sale transaction by co-owners
Income Tax

Income Tax
FBT not payable on Employee Welfare Expenses
Income Tax

Income Tax
No Section 271D penalty for Loan to Company through journal entry
Income Tax

Income Tax
