Courts: ITAT Chennai
Find latest ITAT Chennai judgments, orders and case laws on income tax covering assessments, deductions, transfer pricing, capital gains, TDS, reassessment and penalties.
Foreign Currency Expenses on software development is to be excluded from Export Turnover in Computation of deduction U/s. 10A & 80HHE
Mahindra Holidays justified in treating only 60 % of its membership fee collection as its income
Fees paid to Non resident for services rendered in relation to business carried outside India is not taxable in India
Reassessment invalid on failure of AO to take note of information furnished during assessment
Deduction U/s. 10B available before setting off of brought forward losses & unabsorbed depreciation
For S. 80IA Rate at which consumers gets electricity is market rate of the same
Depreciation not allowable on non-compete fee
Carrying IPL matches is not a Charitable Activity
Purchase, Sale & lease back of windmill fetal to deduction u/s. 80-IA
Assessment order allowing deduction without examining the same is erroneous
Assessee-trusts, being representative assessee of Self Help Group, not liable to deduct TDS
No Penalty U/s. 271AAA on declaring an income admitted during search & payment of taxes thereon
Deduction not claimed in Return U/s. 139(1) can be claimed in Return filed U/s.153A
Sec. 54EC exemption for investment of Rs. 50 Lach each in 2 Financial Years but within 6 M from transfer date
ITAT Chennai judgments and orders address a wide range of income-tax disputes involving individuals, businesses and corporate taxpayers. This TaxGuru page compiles ITAT Chennai case laws relating to assessments, deductions, exemptions, business income, capital gains, transfer pricing, international taxation, TDS, reassessment, unexplained income, penalties and procedural matters. Chartered Accountants, advocates, taxpayers and tax professionals can use the collection to research Tribunal precedents and follow developments in income-tax jurisprudence. The page includes recent as well as significant earlier ITAT Chennai decisions published on TaxGuru for convenient direct tax research.
