Courts: ITAT Chandigarh
Find latest ITAT Chandigarh judgments, orders and case laws on income tax covering assessments, additions, deductions, exemptions, capital gains, reassessment and penalties.
Taxation of surrendered Additional Income Derived from Business Activities
ITAT allows ‘set off of losses against Surrendered Business Income
Earning agricultural income does not solely depend on land ownership
Addition set aside for fresh consideration with one more opportunity of being heard in interest of substantial justice and fair play
Income already declared under one head cannot be taxed under other head simultaneously
Revisionary power u/s 263 unjustified as due enquiry carried out by AO
Matter set aside to test enforceability of agreement to sell vis-à-vis fresh affidavit
Disallowance of late deposit of employees’ share of PF/ ESI beyond prescribed due date is sustained
Disallowance of late deposit of employees’ share of PF/ ESI beyond due date is justified
Exemption u/s 54B not available when property not purchased in name of assessee
Disallowance of expense u/s 14A unsustainable as investment in shares were stock-in-trade
Section 54B Exemption on payment for purchase of land against advance received
In absence of enabling powers, no disallowance can be made by CPC
Section 143(3) order invalid if Passed without Issuing Section 143(2) notice
ITAT Chandigarh judgments and orders cover appeals involving a broad range of issues under the Income-tax Act. This page compiles Tribunal decisions on assessments, additions, deductions, exemptions, capital gains, business income, unexplained income, reassessment, TDS, penalties, limitation and procedural matters. Taxpayers, Chartered Accountants, advocates, businesses and consultants can use the ITAT Chandigarh category to locate relevant precedents and research income-tax disputes. TaxGuru updates this collection with Tribunal decisions published on the website, providing convenient access to recent and important earlier ITAT Chandigarh case laws.
