Courts: ITAT Ahmedabad
2,451 articlesIncome Tax
Income Tax
No Penalty u/s 271(1)(c) if advance tax paid on undisclosed income
Income Tax
Income Tax
Construction Business- No Revenue recognition if substantial risk & reward not transferred to buyer
Income Tax
Income Tax
No Rejection of books of accounts in absence of any material defect
Income Tax
Income Tax
Company with very high operating margin can be included in list of comparable after proper justification/investigation
Income Tax
Income Tax
Penalty cannot be imposed for mere non acceptance of evidences during Quantum Assessment
Income Tax
Income Tax
TDS on exempt income allowable in the year of deduction of Tax
Income Tax
Income Tax
Disallowance of interest on presumption of use in capital work-in-progress not sustainable
Income Tax
Income Tax
No addition for expense shown in projected P&L A/c without showing corroborative evidences
Income Tax
Income Tax
Wealth Tax Exemption for Commercial property available if used for business by others
Income Tax
Income Tax
Business Transactions/Salary do Not come within purview of Section 2(22)(e)
Income Tax
Income Tax
Ownership of land is required for claiming deduction u/s 80IB(10)
Income Tax
Income Tax
Revision of return u/s 139(5) is not required when undisputed apparent mistake is there in ROI
Income Tax
Income Tax
TDS u/s. 194C deductible when contract amount exceeds thrash hold limit
Income Tax
Income Tax
