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.
Advance from customers cannot be added in computation of Book Profit
Applicability of TDS provision u/s 195 to cost sharing agreement needs re-examination
Evidences needed to prove activity of running tuition centres undertaken for charitable purpose
Fees for training to Employees on soft skill & general topics cannot be treated as FTS
Disallowance u/s 40A(3) sustainable as cash payment exceeds INR 20,000 to single party in single day
Cash deposited out of FD maturity proceeds of father cannot be treated as unexplained
Royalty payment to holding company for using brand name is revenue expenditure
Condonation of delay not granted alleging that non-filing of appeal was advised by CA
Gain on Sale of Land received in lieu of Business Loan is Business Income
ITAT upheld partial relief allowed by CIT(A) in respect of unexplained jewellery
Mere impression that Auditor will file appeal is not a Sufficient Cause to condone delay in appeal filing
Section 271D penalty cannot be imposed on amount disallowed under section 40A(3)
No penalty merely for making a wrong claim due to wrong interpretation of section 54EC
Permit charges paid to Government for operating buses in respective state is revenue expenditure
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.
