Courts: ITAT Chandigarh
662 articlesIncome Tax
Income Tax
Interest from surplus fund taxable as income from other sources
Income Tax
Income Tax
Interest Income due to delay in actual start of Project is assessable as Income from other sources
Income Tax
Income Tax
Penalty cannot be imposed on preponderance of probabilities
Income Tax
Income Tax
Delay could be condoned on the ground of Wrong Advice of Counsel
Income Tax
Income Tax
Reopening u/s 147 required only “reason to believe” and not the established fact of escapement of income
Income Tax
Income Tax
Appeal can be filed against wrong appeal effect given by Assessing Officer
Income Tax
Income Tax
CIT(A) has to follow directions given by the Tribunal, violation of directions can be treated as contempt of Court
Income Tax
Income Tax
Deduction u/s 80IC Rs cannot be denied on Foreign Exchange Rate Fluctuations
Income Tax
Income Tax
No Penalty u/s 271(1)(C) on Bonafide claim of wrong deduction
Income Tax
Income Tax
Non-furnishing of any explanation itself will lead to Penal Consequences
Income Tax
Income Tax
Allowability of depreciation claimed during the course of assessment proceedings?
Income Tax
Income Tax
Income of Female Assessee cannot be added to Income of other family members/ concern merely based on her Statement
Income Tax
Income Tax
Section 54 places thrust on investment & not on completion
Income Tax
Income Tax
