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.
If Interest on original loan not allowable then Interest on second loan for repayment of original loan also not allowable
Before due date simply refers and means that not after the expiry of due date
Cost of acquisition in case of transfer of an asset distributed by a company in liquidation
Year from which option has been exercised u/s 80-IA(1) is to be treated as initial assessment year for purpose of section 80-IA(5)
Once data stored in electronic form, it becomes a customized electronic data which can be exported to qualify for deduction u/s 10A
If the Assessing Officer has made the assessment by making such inquiries as he deemed fit, the order cannot be termed as erroneous
Allowability of depreciation on a plant which was ready for use but not used
Once capital asset is converted into stock-in-trade provision of section 2(47) becomes irrelevant and does not apply
Section 80-IA relief has to be deducted before computing section 80-HHC relief
Allowance or deduction not made as per IT Act, 1961 will not come under sweep of section 41(1)
No disallowance u/s 43B if deduction not been claimed by the Assessee in respect of sum payable by way of tax or duty
Section 54F exemption cannot be availed if there is a house in existence on the date of transfer
Commissioner can regard an order as erroneous on the ground that the AO should have made further enquiries
Carry forward of MAT credit for how many years if there is contradiction between statutory provisions and circular issued
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.
