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.
Voluntary Retirement -Allowability of exemption u/s 10(10C) & rebate u/s 89
A.O. may reject Books of Account if Assessee does not furnish proper records of production
Sec. 115JB – Interest capitalised cannot be added to book profit
Difference b/w Market & Offer Price of ESOP is deductible expenditure
Expense cannot be disallowed if TDS paid before I.T. Return Filing
ITAT Asks CBDT to take notice of Mistakes in Central processing of Returns
80G approval to be valid in perpetuity even if assessee files an application for renewal
Approval u/s.80G(5) to continue unless withdrawn as per law
S. 80HHC – Deduction on DEPB to be computed as per SC ruling in Topman Exports
Rule 46A – To render justice CIT appeal can admit new evidence
Non-furnishing of PAN by payee caused delay in filing of e-TDS return, penalty for such late filing not to be levied
Provision for ascertainable liability deductible in book profit calculation
Unabsorbed depreciation can be claimed even if return is filed belatedly
Balance in Cenvat Account can be claimed as business expenditure on closure of business
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.
