Courts: ITAT Ahmedabad
2,451 articlesIncome Tax
Income Tax
No penalty for mere change in head of income
Income Tax
Income Tax
S.14A Addition in Excess of Expenses debited to P/L a/c not permissible
Income Tax
Income Tax
Notice served on CA of an assessee who was not specifically authorised to accept the same can’t be said to be served validly
Income Tax
Income Tax
Expense by tenant on house property repairs cannot be included in ALV
Income Tax
Income Tax
S.269SS not applies to transfer between two accounts by Journal Entry
Income Tax
Income Tax
CENVAT credit written off on surrender of Excise Registration Certificate is allowable as deduction u/s 37
Income Tax
Income Tax
S. 40A(2)(b) Interest Payment at 15% to related parties is not excessive
Income Tax
Income Tax
Liquidated damages allowable as business expenditure
Income Tax
Income Tax
S. 37 Expenses on gifts distributed among members & staff in the course of business is allowable
Income Tax
Income Tax
Sec.54E does not make any distinction between depreciable assets & non-depreciable assets,
Income Tax
Income Tax
Exemption u/s 54EC can be claimed in respect of Depreciable asset
Income Tax
Income Tax
No disallowance can be made U/s. 14A with regard to investment in foreign subsidiaries
Income Tax
Income Tax
Income arising on forward exchange contracts by an assessee engaged in the business of import / export must be treated as Business income and not Speculation income
Income Tax
Income Tax
