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.
Allowability of depreciation claimed during the course of assessment proceedings?
Income of Female Assessee cannot be added to Income of other family members/ concern merely based on her Statement
Section 54 places thrust on investment & not on completion
Income from growing of mushrooms cannot be treated as an agricultural income
AO can issue notice u/s 148 despite non expiry of time limit for issuing notice u/s 143(2)
Registration u/a 12AA cannot be canceled due to receipts exceeding threshold limit of section 2(15)
Sec. 269SS not violated in accepting share application money or deposit in cash
Penalty u/s 271C cannot be levied where assessee was under bonafide belief that TDS is not deductible
Share application money cannot be construed as loan or deposit for section 269SS
S. 2(47) Irrevocable POA of a property in favour of land developers deemed as ‘transfer’
In case of gifted asset period of holding of donor to be considered to work out indexed cost of acquisition
Mere earning of surplus income in carrying out charitable activities would not render activities of trust as non-charitable
S. 263 Revision order based on grounds not shown in show cause notice is not valid
s. 68 Addition for unexplained should be deleted even if Assessee explains & provides credible evidences even during appellate proceedings
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.
