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.
No penalty if no deliberate attempt to evade payment of taxes
Section 80P deduction can be claimed while filing return in response to Section 148
Section 14A Disallowance r.w. Rule 8D cannot exceed Exempt Income
No tax on income from shipping of foreign vessels under India-Singapore Tax Treaty
ITAT condones Appeal filed with CI(A) by delay of 36 months & 3 days
Treat foreign exchange loss in accordance with Section 43A: ITAT
Section 54 benefit cannot be denied for Procedural Non-Compliance
Depreciation eligible on intangible asset viz., goodwill/ customer list
Section 54F – No disallowance for non Compliance of procedural requirement
ITAT remits back case of Actor Dulquer Salmann to AO
Re-Assessment justified against former Cricketer Srikanth
No Section 194H TDS on discounts on prepaid SIM Cards or Talktime
60% depreciation was allowable on ATM machines
Addition cannot be made for mere difference between form 26AS & P&L A/c
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.
