Courts: ITAT Ahmedabad
2,451 articlesIncome Tax
Income Tax
Sub Contractor not responsible for TDS u/s 194C(2)
Income Tax
Income Tax
Taxes levied in foreign countries on profits or gains is deductible u/s 37(1)
Income Tax
Income Tax
Amendment to S. 40(a)(ia) retrospective – ITAT Follows HC
Income Tax
Income Tax
S.50C not applies to transfer of booking rights
Income Tax
Income Tax
S.54EC limit of 50 Lakh applies to FY not to transaction
Income Tax
Income Tax
ITAT upholds important transfer pricing principles on characterisation and rewards for selling activity
Income Tax
Income Tax
Merely because the department preferred appeal before the Honble High Court is no ground to take a different view.
Income Tax
Income Tax
No penalty for concealment if addition is based on estimation of Gross Profit
Income Tax
Income Tax
Mere non-mentioning of Section 234B in the assessment order would be of no consequence
Income Tax
Income Tax
In the absence of nexus between sale of agricultural produce and introduction of cash in capital account the addition made by AO was to be upheld
Income Tax
Income Tax
If quantum appeal is restored for fresh Consideration to CIT(A), then penalty order should also be restored back to the CIT(A)
Income Tax
Income Tax
Section 50C – Fair market value determined by DVO cannot be replaced for full value of consideration
Income Tax
Income Tax
Overseas subsidiary with single shareholder is a separate legal entity for tax purposes
Income Tax
Income Tax
