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.
Reopening of assessment beyond 4 years unsustainable as full and true material facts disclosed
Rejection of special auditor report without specifying reasons inexplicable
Penalty u/s 271(1)(c) Inapplicable for Additions Using Peak Credit Theory
Professional receipt taxable as Income from Profession & not under Salary
ITAT Disallows Tax Exemption for Trust’s Commercial Activities
Rejection of special audit report of special auditor on flimsy ground is incorrect
Unexplained Cash Deposit Post-Demonetization Invokes Section 69A
ITAT Bound by Jurisdictional HC Precedent on Inherited Property Indexation Base Year
Section 43B: Custom duty allowable in the year of payment
CIT(A) Order based on fresh evidence without opportunity to AO is unsustainable
Delay in filing of tax audit report due to technical breach without mala fide intention doesn’t attract 271B penalty
Penalty u/s 271B not leviable for venial technical breach without mala fide intention
ITAT Chennai: Payments to Fertilizer Dealers Classified as Rebates, Exempt from TDS
Reassessment Proceedings Invalid Without New Tangible Material
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.
