Courts: ITAT Kolkata
1,704 articlesIncome Tax
Income Tax
Penalty U/s. 272A (2)(k) cannot be imposed for a mere technical venial breach
Income Tax
Income Tax
TDS U/s. 192 deductible on car running & maintenance expenses paid to staff
Income Tax
Income Tax
Interest from Lending business is taxable as Business Income and write off of bad debt allowable U/s. 36(1)(vii) read with Section 36(2)
Income Tax
Income Tax
AO cannot make disallowance on ad hoc basis without pointing out any defect / error in submission of assessee
Income Tax
Income Tax
Expenditure incurred to earn exempt Income computed u/s 14A can’t be added while computing Book Profit: ITAT
Income Tax
Income Tax
Denial of application for approval u/s 80G justified as society spends more than 5% of Total Income on religious activities
Income Tax
Income Tax
Addition cannot be made on estimate basis without rejection of Books of Accounts
Income Tax
Income Tax
Addition U/s. 69 cannot be made for investment out of Salary Received in Cash
Income Tax
Income Tax
Exemption U/s. 54 for Reinvestment in 3 residential houses having common amenities?
Income Tax
Income Tax
Section 40(a)(ia) not applicable to charitable or religious trust before 01.04.2019
Income Tax
Income Tax
Deduction U/s. 80-IA(4) cannot be denied merely because assessee was paid by Government for development work
Income Tax
Income Tax
ITAT accepts LIFO method of Closing Stock Valuation by Jewellery Company
Income Tax
Income Tax
LTCG on slump sale can be set off against unabsorbed brought forward business loss
Income Tax
Income Tax
