Courts: ITAT Ahmedabad
2,451 articlesIncome Tax
Income Tax
Penalty procedding must be kept in abeyance till disposal of quantum appeal by first appellate authority
Income Tax
Income Tax
Amount disallowed u/s. 40(a)(ia) not eligible for deduction u/s. 80IB
Income Tax
Income Tax
Onus on revenue to prove that expense disallowed u/s. 40A(2)(b) were excessive or unreasonable
Income Tax
Income Tax
In the absence of finding by AO Regarding Mis-statement / Non Disclosure, penalty order not justified
Income Tax
Income Tax
Expenditure to set-up a new line of business is capital expenditure
Income Tax
Income Tax
Sec.50C applicable for computation of capital gains in real estate transaction in respect of seller only
Income Tax
Income Tax
A.O. not to to demonstrate tax avoidance before invocation of TP provisions
Income Tax
Income Tax
Interest paid on sales tax under amnesty scheme is allowable as business expenditure
Income Tax
Income Tax
Deeming Provision U/s. 50C cannot be applied to Purchase to make addition U/s. 69B
Income Tax
Income Tax
Donation towards corpus can’t be added to Income if Assessee furnishes full details
Income Tax
Income Tax
Section 55A- Full value of consideration cannot be construed as fair market value
Income Tax
Income Tax
Whether section 2(22)(c) applies to a ‘deeming shareholder’?
Income Tax
Income Tax
Derivative by itself cannot be termed as an investment or stock in trade
Income Tax
Income Tax
