Courts: ITAT Ahmedabad
2,451 articlesIncome Tax
Income Tax
Expense on feasibility study for improving day to day working is allowable as revenue expenditure
Income Tax
Income Tax
Remuneration to Partners as Representative of HUF Allowed u/s 40(b)
Income Tax
Income Tax
Reopening Based on change of opinion and in absence of any adverse tangible material was invalid
Income Tax
Income Tax
Agriculture land situated beyond 8 kms is not Capital Asset & Section 50C not applies
Income Tax
Income Tax
Compensation for Relinquishment of Right to Sue for Breach of Contract is non taxable Capital Receipt
Income Tax
Income Tax
Section 68 cannot be applied in relation to the sales receipt
Income Tax
Income Tax
Assessee holding General Power of Attorney with respect of Land Sold Not Liable for Capital Gains
Income Tax
Income Tax
Reference to DVO under Section 142A Unlawful in absence of tangible material
Income Tax
Income Tax
No penalty on additional income disclosed voluntarily in return filed in response to Section 153A notice
Income Tax
Income Tax
For some bogus purchases Entire purchases can’t be added to income
Income Tax
Income Tax
Trust managing Liquid & Solid Industrial Wastes can claim section 11 exemption
Income Tax
Income Tax
Share application Money in Cash- False details- Penalty Justified
Income Tax
Income Tax
ALP provisions apply even if assessee is eligible for 100% section 10A/10B tax exemption
Income Tax
Income Tax
