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.
Loss of a unit not eligible for any tax holiday cannot be set off against profits of the eligible unit for the purpose of computing deduction
Timeshare membership fee is taxable only over the term of contract
Timeshare membership fee taxable over the period of contract: ITAT Chennai (SB)
Withholding tax obligation applies on payments to non-residents only if there is income chargeable to tax in India
Composite scheme of arrangement cannot be denied the tax benefits if all the conditions for amalgamation under the Income-tax Act are fulfilled
S. 195 (1) TDS obligation does not arise if the payment is not chargeable to tax. Samsung Electronics not followed
Obligation to withhold tax attracted only when the payment to a non-resident is wholly or partially chargeable to tax in India
Activity of ‘assembling’ amounts to manufacturing for relief u/s 80IB, employment of temporary workers enough to claim relief
Tribunal has the jurisdiction to entertain a fresh plea on subject matter of appeal
Amount eligible for tax holiday is specific to each undertaking of the Taxpayer: Chennai Special Bench
Chennai Special bench ruling on computation mechanism of tax holiday benefits
Deduction U/s. 10A of the Income Tax Act is allowable without set off of losses of non-eligible units
Second proviso to section 10B(1) cannot be construed to be a qualifying condition for claiming deduction
Payments of transponder hire charges to foreign company by Indian Company is Royalty
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.
