#income tax act 1961
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6,762 articlesIncome Tax

Income Tax
Profits estimated at 10% of contractual receipts hence no separate disallowance u/s. 40A(3) or 40(a)(ia) warranted: ITAT Chennai
Income Tax

Income Tax
Section 115BBE Not Applicable to Income Business Income: ITAT Jaipur
Income Tax

Income Tax
Concession rate benefit u/s. 112 not available on short term capital gain computed u/s. 50: ITAT Mumbai
Income Tax

Income Tax
Addition based on unsigned, undated and unstamped sale and purchase agreement untenable
Income Tax

Income Tax
Deduction u/s. 80-IB disallowed for interest on staff advances and bank deposits: ITAT Ahmedabad
Income Tax

Income Tax
Wrongful allowance of set off of brought forward loss prejudicial to interest of revenue: ITAT Cuttack
Income Tax

Income Tax
Business income earned by foreign entity not having permanent establishment cannot be taxed in India
Income Tax

Income Tax
Addition towards cash credit untenable as loan received back in subsequent year: ITAT Surat
Income Tax

Income Tax
Mistake apparent pertaining to carry forward and set off of unabsorbed depreciation and business losses could be revised by filing Form 3 under VSV scheme
Income Tax

Income Tax
Matter remanded to CIT(A) as ex-parte order passed in absence of any response by assessee: ITAT Visakhapatnam
Income Tax

Income Tax
Anonymous donation by religious and charitable trust is exempt from tax: Bombay HC
Income Tax

Income Tax
Order deemed to be erroneous as passed without making necessary inquiries and verification
Income Tax

Income Tax
Levy of penalty u/s. 271D without recording any satisfaction untenable: Andhra Pradesh HC
Income Tax

Income Tax
