Courts: ITAT Lucknow
Find latest ITAT Lucknow judgments, orders and case laws on income tax covering assessments, additions, deductions, exemptions, reassessment, TDS and penalties.
TDS claimed by the assessee can be treated as income of the assessee if the same has been taxed on substantive basis
Order Should Be Passed after Affording Adequate Opportunity with clear findings
Sec.10(23C)(iiiad) Receipts from more than one educational institutions cannot be clubbed
Capital gain would only be charged in the year in which stock-in-trade would be sold
Furnishing of Name, Address, PAN and Bank Statements are Sufficient compliance u/s 68
AO cannot made addition for Anonymous donations treated as Income by Assessee
Applicability of Disallowance U/s 14A Read With Rule 8D if objective satisfaction is not recorded
Audit Fees for Prior Period not allowable unless expenses gets crystallized in the year under consideration
Adjustment for variation in closing stock necessary for correct application of TNMM
If net consideration for transfer of capital asset of a charitable trust is utilized for acquiring new capital asset, then whole of capital gain is exempt
Prepayment Discount liable for TDS
Order of DIT cannot be challenged before Commissioner (Appeals)
Deeming fiction created by virtue of sec. 50C cannot be extended to sec. 11(1A)
Penalty u/s 271(1)(c) should not be levied on the amount which was voluntarily surrendered by the assessee during survey
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.
