Courts: ITAT Kolkata
1,704 articlesIncome Tax
Income Tax
Interest subsidy under WBIS 2000 and TUFS is a capital receipt
Income Tax
Income Tax
Disallowance U/s. 40(a)(ia) also applies to payment made during the year without TDS deduction
Income Tax
Income Tax
Law on PE, Force of Attraction, tax on software embedded in hardware
Income Tax
Income Tax
Mere thin trade and unusually high gain not sufficient to treat the Long Term Capital Gain on Shares as bogus
Income Tax
Income Tax
Addition in Section 153A Assessment cannot sustain if no ‘Incriminating Material’ found during Search
Income Tax
Income Tax
Section 147/148 Reassessment is for the benefit of Revenue benefit and not for the benefit of assessee
Income Tax
Income Tax
Cess on Green Leaf paid to govt is Deductible from Composite Income
Income Tax
Income Tax
Books cannot be rejected for mere non-furnishing of details of sundry creditors in a proper way
Income Tax
Income Tax
Bad Debt is deductible once it is written off in Books of Account
Income Tax
Income Tax
AO cannot treat Assessee differently for Short and Long term Capital Gain on Sale of Shares
Income Tax
Income Tax
Disallowance cannot be made by only giving weight age to nomenclature and without seeing real purpose for payment
Income Tax
Income Tax
Interest Expenses can’t be disallowed if Assessee had enough Own Funds
Income Tax
Income Tax
Capital Gain on Penny Stocks cannot be bogus if Paper work is in order
Income Tax
Income Tax
