Courts: ITAT Ahmedabad
2,447 articlesIncome Tax

Income Tax
Tax on Sale of land which was leased for a very long period
Income Tax

Income Tax
Non recovery of debtors for almost 3 years is sufficient reason to write off and claim as revenue loss
Income Tax

Income Tax
Sec. 54 Cost of residential house includes cost of furniture if it forms part of house Purchase
Income Tax

Income Tax
Payment of little higher rate of interest on unsecured loans justified as it involves lesser formalities
Income Tax

Income Tax
Section 92B- Deemed international transaction- Termination of Option rights under agreement
Income Tax

Income Tax
No addition in the hand of Firm for capital introduced by the partner
Income Tax

Income Tax
Conversion of Agricultural land: Section 50C not apply to business income
Income Tax

Income Tax
Compensation for resigning is eligible for tax benefit U/s. 10(10B) as Retrenchment Compensation
Income Tax

Income Tax
Reference to DVO is mandatory for invoking Section 50C (2 )
Income Tax

Income Tax
Addition for Unutilized Cenvat Credit in absence of income element is ubjustified
Income Tax

Income Tax
F&O Transactions on recognized Stock Exchange cannot be treated as Speculative Transaction
Income Tax

Income Tax
Business income or capital gains cannot be decided by merely looking at frequency of transaction in shares
Income Tax

Income Tax
TDS Payment: 2 month interest cannot be charged for delay of less than a month
Income Tax

Income Tax
