Courts: ITAT Kolkata
1,706 articlesIncome Tax
Income Tax
Fresh adjudication directed as assessment order was dismissed on erroneous reasoning
Income Tax
Income Tax
Condonation based on totally vague & unspecific explanation not granted
Income Tax
Income Tax
Interest on late deposit of TDS is not allowable expenditure
Income Tax
Income Tax
Addition u/s 68 unsustainable as identity and creditworthiness of share subscribing companies proved
Income Tax
Income Tax
Sale of software not taxable in terms of India-Ireland DTAA
Income Tax
Income Tax
ITAT upheld Share Premium addition – 95% of such appeals are filed by Shell Companies
Income Tax
Income Tax
Reduction of adhoc disallowance of miscellaneous expense from 15% to 5% justified
Income Tax
Income Tax
Appeal cannot be Condoned after 4 years if delay not explained by assessee
Income Tax
Income Tax
Interest on housing loan for Construction of Rented House allowable under section 24(b)
Income Tax
Income Tax
Section 40A(3) not applicable if single transaction not exceeds threshold limit
Income Tax
Income Tax
AO must give TDS credit on furnishing of TDS certificate by Assessee despite mismatch with NSDL data
Income Tax
Income Tax
Disclosure of undisclosed income can be further added as undisclosed stock
Income Tax
Income Tax
ITAT deletes section 271DA penalty as cash deposit was by a party from remote location
Income Tax
Income Tax
