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 the case of remittances by banking channel the onus on the assessee U/s. 69 stands discharged, and therefore, section 5(2)(b) does not apply
Tribunal can set aside the order of CIT Appeal only after considering the evidence and material on record
Amount excluded from export turnover should also be excluded from total turnover for purposes of sections 10A or 10B of IT Act, 1961
Provisions of S.40 cannot be invoked where the income is to be computed U/s.42 of the Act
‘Non-compete right’ acquired by an assessee is eligible for depreciation under clause (ii) of section 32(1) of IT Act
Payment for non-compete right is not an intangible asset eligible for depreciation
Allowability of depreciation on non-compete fee u/s. 32 of the Income Tax Act, 1961
Merely because some optical fibre lines or connection lines have been laid, the road cannot get converted into a plant
AO can make addition on ground other then on which he re-opened the Assessment
Block of residential unit cannot be construed to be separate project for the purposes of section 80-IB
Tribunal, in no circumstances whatsoever, can be led to take a different view on same facts and law on which Jurisdictional High Court has already taken a view
Assessment of Firm if Change in constitution
To claim deduction under section 80P the status of the co-operative society shall be a primary society
Allowability of deduction under section 80-IA of IT Act, 1961 claimed by a works contractor
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.
