Courts: ITAT Kolkata
1,704 articlesIncome Tax
Income Tax
Reopening cannot be done for Mistake committed by AO in Original Assessment
Income Tax
Income Tax
Without any basis AO cannot shift profit from trading to manufacturing activity to disallow deduction u/s 80IE
Income Tax
Income Tax
Section 2(22)(e) not applicable to Current Account Transactions
Income Tax
Income Tax
Power of AO to change assessee’s status while processing Return and issuing intimation U/s. 143(1)
Income Tax
Income Tax
Income from Share cannot be treated as Business merely for Frequent Transactions
Income Tax
Income Tax
Interest u/s 234A not leviable on extended period of Return FIling
Income Tax
Income Tax
If assessee have sufficient own funds, Interest on borrowed capital cannot be disallowed for Interest free loans to various parties
Income Tax
Income Tax
No TDS on Export commission paid to NRI for services rendered abroad
Income Tax
Income Tax
TDS on fees paid for marketing service rendered outside India
Income Tax
Income Tax
Deduction U/s. 36(1)(vii) for Bad debts for income offered to tax during earlier year cannot be disallowed
Income Tax
Income Tax
Bifurcation of consideration into land and building separately necessary for claiming depreciation
Income Tax
Income Tax
Merely nomenclature of expense does not conclusively determine character and nature of expense
Income Tax
Income Tax
Loss from Hedging Contracts of Foreign Exchange is Normal Business Loss
Income Tax
Income Tax
