#ITAT Judgments
Log in to FollowITAT Judgment contain Income Tax related Judgments from Income Tax Appellate Tribunal Across India which includes ITAT Mumbai, Chennai, Delhi, Kolkutta, Hyderabad etc.
Income Tax

Income Tax
Section 50C not applies to Sale of right to property
Income Tax

Income Tax
S. 241(1)(c) Penalty cannot be imposed for merely for Rejection of Registration by RBI
Income Tax

Income Tax
No adverse inference can be drawn on Failure to offer cross-examination of persons whose statements are relied
Income Tax

Income Tax
Once basis of addition is not sustainable than direction for further enquiry U/s. 263 not sustainable
Income Tax

Income Tax
If exempt income is Nil, section 14A will not apply
Income Tax

Income Tax
Reopening of assessment before obtaining sanction of CIT is void ab initio
Income Tax

Income Tax
Section 40(a)(ia) applies only when there is no TDS deduction
Income Tax

Income Tax
Deduction of interest on borrowed capital U/s. 24(b) on building demolished during the year
Income Tax

Income Tax
Payment of transaction charges allowable as business expense in commodity business
Income Tax

Income Tax
