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.
Performance incentive not paid before due date of return not allowable
Explanation-2 to section 36(1)(va) applicable from AY 2021-22
Rental income from sub-lease shall be considered as Business Income since same was business of assessee
Amount lying in stale draft account cannot be treated as income
ITAT disallows grossing up of TDS deducted on interest paid to AE
ITAT condone the delay in appeal filing as delay was in e-filing & not on manual filing
Commercial expenditure paid to parent company in terms of agreement is allowable
Prior period item not deductible in section 115JB Book profit computation
In absence of sufficient cause delay in filing of return cannot be condoned
Section 54 exemption cannot be claimed on the basis of non-genuine agreement
Tehsildar is not a competent person to decide distance for Capital Gain
Single Purchase & sale Transaction of shares cannot be treated as Business Activity
No TP Adjustment for Increase in brand value due to use of foreign AEs brand name
Disallowances u/s.14A cannot exceed amount of exempt income
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.
