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.
SSI situated in ‘industrially backward State’ eligible for deduction u/s. 80-IB, even if it manufactures items specified in 11th Schedule
If Assessee without challenging S. 14A computed disallowance, it cannot object to addition U/s. 14A
Trust Registration valid for sec. 25 Companies formed with charitable objects
CIT cannot deny registration of trust U/s. 12AA by examining activities instead of objects
Partnership Firm cannot claim deduction U/s 80IA
Exemption U/s. 11 cannot be denied for mere Subscription to chit funds by Trust
Expenditure on renovation/repair/addition in leasehold premises is capital expenditure
Payment for acquiring right for satellite broadcasting of film amounts to ‘royalty’ & TDS is deductible u/s. 194J
Deduction u/s. 80-IB(iv) available where assessee was having many housing projects but ‘independence’ among them not proved
Section 10A(6)(ii) cannot be invoked in exemption period
Non availability of bond is no ground to extend 6 month period u/s. 54EC
Penalty justified for claiming of deduction for R&D activity after discontinuance of business
Asessee can claim Deduction of Interest on Housing Loan Both u/s. 24(b) & 48
S. 50C Penalty for addition to Income of Assessee due to adoption of stamp duty value
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.
