Courts: ITAT Pune
Find latest ITAT Pune judgments, orders and case laws on income tax covering assessments, deductions, transfer pricing, capital gains, TDS, reassessment and penalties.
ITAT rejects claim of land conversion into stock as assessee not filed any evidence to substantiate his claim
Burden of proof lies on person claiming benefit without documentary evidence
Other addition in reassessment proceedings not sustainable if Foundational Additions are deleted
No Section 35(2AB) Weighted deduction on R&D expense incurred outside India
Onus of proving nature and source of receipt lies on the assessee
Section 143(3) proceeding invalid if section 143(2) notice issued to Individual instead of HUF
Fee for grant of software license, including software maintenance, consulting charges and training fees are not Royalty
No bar under law to initiate fresh reassessment proceedings
Section 54F exemption not allowable if no property purchased or constructed within stipulated period
Provision for obsolete stock allowed as deduction
Section 40A(3) : Cash payment to Labour contractor on principal-to-principal basis not allowable
Return not become defective for mere mismatch in income as per ITR & Form 26AS
Difference in MRP & Sales price is not Commission to attract section 194H TDS
Interest on Loan for Acquiring Shares of Associate Company Allowable
ITAT Pune judgments and orders cover a broad range of income-tax controversies involving individuals, businesses and corporate taxpayers. This TaxGuru page compiles decisions relating to assessments, additions, deductions, exemptions, business income, capital gains, transfer pricing, international taxation, TDS, reassessment, unexplained income, penalties and procedural issues. Chartered Accountants, advocates, companies and other tax professionals can use this collection to research ITAT Pune precedents and follow developments in direct tax jurisprudence. The page includes recent and significant earlier Tribunal decisions published on TaxGuru for convenient income-tax case-law research.
