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.
Disallowance of expense u/s 40(a)(ia) untenable when TDS deducted at lower rates
Interest on loan cannot be treated as unexplained
TDS credit available in year in which corresponding income is offered to tax
Exemption u/s 10A of the Income Tax Act not available when return is filed belatedly
ITAT set aside Addition for cash deposit against property sale without providing opportunity to examine buyer
Addition towards undisclosed income sustained as claiming gift from husband is afterthought
Wastage charges doesn’t involve any payment and hence TDS u/s 194C not deductible
Depreciation allowed on foreign exchange fluctuation loss on loan for purchase of windmill
Addition of cash deposited out of marriage gift u/s 69A partly deleted
Entire sale consideration taxable in the hands of owner as GPA not accounted in his return
Provisions of section 40A(3) doesn’t apply to payment made to a cottage industry
Cash deposit during Demonetisation- ITAT restricts addition to 30% of deposit
Payment to train resources to provide pre & post sale services is FTS
PCIT cannot substitute his view with view of AO & direct AO to make assessment in a particular manner
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.
