Courts: ITAT Lucknow
Find latest ITAT Lucknow judgments, orders and case laws on income tax covering assessments, additions, deductions, exemptions, reassessment, TDS and penalties.
Every wrong claim by assessee cannot tantamount to furnishing of wrong particulars
Protective addition in hands of agents without providing opportunity of being heard is invalid
Mechanical Approval to Assessment order by Addl CIT u/s 153D is bad in law
Loans received in earlier Years – Addition u/s 68 Cannot be Made in Present Year
Unexplained investment addition can be made in year of Purchase
Revision cannot be done on Mere different conclusion of CIT
Interest subsidy for repayment of loan acquired for acquisition of capital assets, is capital receipts
Sec 10A – Deduction allowed to new unit being independent unit, physical demarcation with old unit not relevant
Validity of Notice via post for delivery, posted on last day of Limitation Period & Notice by affixture
No addition for change in valuation of stock, where method changed in compliance of ICAI Accounting Standard
Section 68 cannot be applied where Assessee discharges onus to prove receipt of share capital along with premium
No time limit for compliance of direction or findings of appellate forum
Interest Income is capital receipt only if it is inextricably linked with project
Issue & service of notice u/s 143(2) not applicable to assessment u/s 153A
ITAT Lucknow judgments and orders cover appeals involving assessments and numerous other issues under the Income-tax Act. This page compiles case laws dealing with additions, deductions, exemptions, capital gains, business income, unexplained income, reassessment, TDS, penalties, limitation and procedural matters. Taxpayers, Chartered Accountants, advocates, businesses and tax professionals can use this dedicated category to locate ITAT Lucknow precedents and research income-tax controversies. TaxGuru updates the collection with relevant Tribunal decisions published on the website, providing convenient access to direct tax appellate case law.
