#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
Penalty u/s 271(1)(c) in search assessment is tenable only if some incriminating material found during search
Income Tax
Income Tax
Sponsorship charges on study of daughter of Director allowable if made out of business exigency
Income Tax
Income Tax
No depreciation allowable on ‘identifiable fixed assets if not used for Business purpose at all’
Income Tax
Income Tax
Deduction of Depreciation as well of Capital Expenditure U/s. 11 In Case of Trusts not amounts to Double Deduction
Income Tax
Income Tax
AO cannot decide reasonableness, commercial expediency of expenditure incurred by Assessee
Income Tax
Income Tax
CIT Cannot Deny Registration of Trust U/S 12AA without Examining Activities & Objects of Trust
Income Tax
Income Tax
Commercial / Industrial properties cannot be assessed to Wealth tax
Income Tax
Income Tax
271(1)(c) : Penalty can be imposed on undisclosed bank accounts based on peak credits theory
Income Tax
Income Tax
14A : No disallowance of expenditure can be made on estimate basis against exempt income
Income Tax
Income Tax
