Courts: ITAT Cochin
Find latest ITAT Cochin judgments, orders and case laws on income tax covering assessments, additions, deductions, exemptions, capital gains, reassessment, TDS and penalties.
Eligible business profits to be computed as per law & not as per treatment by assessee in its books
AO can make adjustment to profit if books are not in accordance with established accounting principles
Interest Income of Co-Operative Bank on deposits with Co-operative Bank not eligible for Deductoion U/s. 80P
Its inhuman to collect money for admission in medical college
TDS deductible on Excess amount paid on Cacellation of Flat Purchase Agreement
Disallowance u/s 40(a)(ia) should not be made on the basis of subsequent amendments
Due date’ U/s. 54F is due date for filing return U/s. 139(1) and not U/s. 139(4)
TDS deductible despite non claim of related expenditure
Eligibility for deduction u/s 80IA(4)(iv)(b) in respect of profits derived from distribution of power through a new network
No disallowance U/s. 40(a)(ia) for default of short-deduction of TDS
If No Books of Account then no question of audit & no penalty for not getting tax audit done
S. 12A registration denied to appellant on failure to prove that its independent unit with own bye-laws and regulations
Unless specifically mentioned in treaty withholding tax rate not to include cess and surcharge
To Claim deduction U/s. 80P Society has to file its return of Income
ITAT Cochin case laws and orders provide guidance on numerous issues arising under the Income-tax Act. This page collects Tribunal decisions concerning assessments, additions, deductions, exemptions, business income, capital gains, unexplained income, reassessment, TDS, penalties and procedural disputes. Taxpayers, Chartered Accountants, advocates, businesses and other professionals can use this dedicated ITAT Cochin page to locate relevant appellate decisions and research recurring income-tax controversies. TaxGuru maintains the collection with recent and important earlier ITAT Cochin judgments and orders published on the website.
