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.
ITAT deletes section 271F penalty as delay was due to death of CA
Appeal Filing delay cannot be condoned if Cause not supported by evidence
Interest on deposits cannot be treated as business Income for Section 44AD
Non-deduction of TDS/ reversal of TDS on interest payment based on Form 15G/15H justified
Reassessment beyond four years is invalid if no failure to disclosure by Assessee during original assessment
Before 01.04.2021 Section 12AA registration once granted is valid till withdrawn by a specific order
Appeal Filed by revenue after IBC Moratorium Period is not Maintainable
Addition of unexplained investment u/s 69B unsustainable as source for excess stock plausibly explained
ITAT condoned delay due to Dire Financial Stress & Difficulties – Remanded matter back to CIT(A)
Deduction u/s 80IA allowable as form 10CCB was filed before final assessment order
Section 270A penalty cannot be levied if disallowance made on estimated basis
Section 54 exemption cannot be denied for acquiring new house in wife’s name
Trust treated as AOP – Depreciation cannot be disallowed
Cement silos are plant & eligible for higher rate of depreciation
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.
