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.
s.40(a)(ia) apply only to expenditure remaining payable
S.40(a)(ia) not applicable to amounts paid by 31st March
Payments for supply of technical documents taxable as fees for technical services
Eligibility for exemption under section 54B in respect of amount invested in agricultural land against gain from sale of agricultural land
Reassessment after completion of assessment u/s 143(3) cannot be termed as regular assessment and interest u/s 234D not chargeable
Receipts from activities not having direct nexus with shipping/dredging activities not exempt under tonnage tax scheme
CIT (A) Guilty of ‘Contempt’ For Not Following ITAT Verdict
No Transfer pricing adjustment is necessary when period and basis of computation of royalty is different from comparable transactions
Business losses carried forward beyond a period of eight years could be deducted in computing the book profit
Section 50C should be applied only on the date of sale agreement and not on the date of actual registration of conveyance deed
S. 50C Relevant Date for Determination of Stamp Duty Value
Income from even an isolated transaction of sale of land can be considered as business income of an assessee though not carrying on real estate business
Mythri Transport Vs. ACIT (ITAT Visakhapatnam)
S. 220(2) Interest chargeable with reference to due date reckoned from original notice of demand
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.
