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.
No TDs u/s. 194C if contract is for hiring of Lorries only and not for carriage of goods
Fixed deposit cannot be considered as deposit in capital gain bond to claim exemption U/s. 54EC
Coaching institute cannot be treated ®istered as a charitable institution
S. 194H No TDS on discount given by IATA agent on Purchase of Ticket by retail customers, group passengers & small time agents
Extension of time to submit ITR-V cannot validate a time-barred S.143(2) notice
Provision for bad & doubtful debts not allowable unless provided in Books of Accounts
Section 80-IA(7) provides for determination of amount of deduction not for deduction actually allowable
Commercial property renting by bank is not a banking activity
No penalty & Interest for non deduction of TDS if Deductee-payee having no tax liability
In case of development agreement capital gain is taxable in the year of agreement
Income disclosed prior to search cannot be treated as undisclosed income
Lease/rental -House Property or business income- Intention of Parties
Proportionate Interest on amount transferred to group concerns without commercial expediency not allowable
Principal-agent relationship to be examined, before taxing global shipping income in agent’s hand
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.
