Courts: ITAT Kolkata
1,704 articlesIncome Tax
Income Tax
TDS U/s. 195 not deductible on commission paid to USA based payee
Income Tax
Income Tax
Exemption u/s. 54 cannot be denied Merely for Housing Loan availment by Assessee
Income Tax
Income Tax
No penalty u/s 271B if appellant had bonafide belief
Income Tax
Income Tax
While granting Approval for scrutiny assessment U/s. 143(3) CIT need not record separate reasons
Income Tax
Income Tax
Interest free loan received prior to construction of Property cannot be added to annual value
Income Tax
Income Tax
Provision of Section 2(22)(e) cannot be attracted to current account transactions
Income Tax
Income Tax
No wealth tax on land used for business purpose by construction / set up of office and service centre
Income Tax
Income Tax
No addition for cash deposits when Assessee offered Income u/s 44AE
Income Tax
Income Tax
Losses cannot be treated as Bogus merely for client code modifications
Income Tax
Income Tax
No penalty if penalty notice didn’t specify concealment or furnishing of inaccurate particulars
Income Tax
Income Tax
Transfers between holding company and step-down subsidiary are not transfers which can give rise to capital gains or loss
Income Tax
Income Tax
Deemed Dividend not applicable to Current Account Transactions
Income Tax
Income Tax
No penalty u/s 271A when assessee unable to produce books of Accounts due to circumstances beyond control
Income Tax
Income Tax
