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.
Capital gain on a transaction which never materialized cannot be taxed
Penalty order gets vitiated if AO not strikes irrelevant limbs in section 274 notice
Bonafide Foreign Travel Expenses for Business purpose allowable
Interest cannot be taxed under Mercantile System if receipt of interest is uncertain
Taxes paid by Taxpayer includes TDS (Taxes paid on its behalf)
Penalty cannot be levied on the basis of estimated additions
TDS not deductible on Reimbursement without any Profit Element
Addition merely based on electricity consumption formula not sustainable
Section 195 TDS not deductible if Income not taxable in India
Deduction of amounts paid towards education cess allowable
No Section 271(1)(b) penalty if reasonable cause for non-compliance exist
Section 10A, 10AA deductions not allowable on Income from other sources
Section 271D Penalty Not Valid If Assessee Bonafidely explains Reasonable Cause
Income from Sale of Software is Business Income & not the Royalty income
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.
