Courts: ITAT Visakhapatnam
Find latest ITAT Visakhapatnam judgments, orders and case laws on income tax covering assessments, deductions, capital gains, TDS, reassessment, additions and penalties.
Income treated as income from other source not to be considered for applicability of section 44AB
Provisions of section 2(15) doesn’t apply to corpus fund donation of a charitable institution
Estimate of cost by Departmental Valuer cannot constitute concealment hence penalty u/s 271(1)(c) not leviable
Order passed without proper service of notice u/s 147/148 is liable to be quashed
ITAT allows Foreign Tax Credit as ITR & Form 67 filed within extended due date
Export entitlements is an income assessable under Profits or gains from business or profession
Sub-letting rental income taxable under ‘income from other sources’
Transfer Pricing: For outbound loans LIBOR rate should be adopted but not PLR of Indian Banks
Conversion of share application money by allotting shares at subsequent date without change in shareholding pattern doesn’t attract section 56(2)(viia)
Invoking provisions of section 56(2)(vii)(b) unsustainable as civil suit filed before District Judge
Liquidated damages not fall under the purview of Tonnage Tax
ITAT direct AO to estimate net profit at 3% on gross contract receipts of transport operator
Section 11 exemption claimable on restoration of section 12A registration
Order Passed By AO not Erroneous if passed After Duly Examining Claim of Assessee
ITAT Visakhapatnam judgments and orders deal with a broad range of appeals under the Income-tax Act. This page compiles Tribunal case laws concerning assessments, additions, deductions, exemptions, business income, capital gains, unexplained income, reassessment, TDS, penalties, limitation and procedural disputes. Taxpayers, companies, Chartered Accountants, advocates and tax professionals can use this dedicated category to research ITAT Visakhapatnam precedents and follow developments in direct tax litigation. TaxGuru brings together recent and significant earlier Tribunal decisions published on the website, providing a convenient resource for income-tax case-law research and appellate practice.
