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.
IDC receipts for State Government cannot be taxed in the Hands of Assessee
Section 2(22)(e) Deeming fiction cannot be applied on mere suspicion
Books cannot be rejected for mere non-Maintenance of Stock Register or for adoption of incorrect method of stock valuation
No Disallowance U/s. 40(a)(ia) if retainer-ship expense shown by recipient in their return
No Section 271D Penalty for cash received from commission agent against sale of crops
Depreciation @ 60% allowable on Set Top Boxes acquired on Finance Lease
Penalty cannot be imposed for mere Section 12A registration cancellation
No Penalty on Income declared in revised return filed within limitation period
Income from commercial exploitation of popularity of Cricket not incidental to main object U/s. 2(15)
Section 271BA: No Penalty for bonafide failure in filing of Form No. 3CEB
Interest on Enhanced Compensation u/s 28 of Land Acquisition Act, 1894 is Exempt u/s 10(37)
In case of Limited scrutiny AO cannot make additions or disallowances on other issues
ITAT suggests creation of Tax Advisory Cell & Tax Compliance Scheme
Tax administration not expected to collect taxes based on ignorances of assessee
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.
