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.
In absence of cancellation of registration u/s.12A, Trust cannot be denied exemption
Market development fee paid to UK based company not taxable in India as fee for technical services
Deduction u/s. 80-IAB to SEZ developer allowable on income by way of lease rentals of developed area
No deemed dividend on loan given to director for providing collateral & giving personal guarantee to bank
Depreciation allowable on Goodwill
While Computing ALP with CUP method TPO cannot ignore negative deviations
If DTAA is silent on a particular type of income, it will not automatically become business Income
Consultancy charges paid to non resident for project outside India not deemed to accrue or arise in India
Sec. 54F – House owned by wife not to be considered
Trust running classes for & under authority of University is not coaching centre
Commission on sales is to be allowed in year of sale even if sale was realised in next financial year
Non-compete Fee is a tool to hide payment of goodwill to sister concern
Fact that third party invoices are paid not necessarily means ‘reimbursement’
Additions affirmed by DRP without considering objection of Assessee order was set-aside
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.
