#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
Sec.54E does not make any distinction between depreciable assets & non-depreciable assets,
Income Tax
Income Tax
Exemption u/s 54EC can be claimed in respect of Depreciable asset
Income Tax
Income Tax
Rental income from business centre is business income
Income Tax
Income Tax
No disallowance can be made U/s. 14A with regard to investment in foreign subsidiaries
Income Tax
Income Tax
Cash seized during search can be adjusted only against existing tax liability
Income Tax
Income Tax
Urgency to ensure honouring of cheque constitute a reasonable cause u/s. 273B
Income Tax
Income Tax
Tribunal can allow credit u/s. 90 which was inadvertently mentioned as ‘Advance tax’
Income Tax
Income Tax
Transfer Pricing -Domestic leg of cross-border deal, even if consequential to overseas deal by parent AE, not covered if terms not dictated by parent AE
Income Tax
Income Tax
Income arising on forward exchange contracts by an assessee engaged in the business of import / export must be treated as Business income and not Speculation income
Income Tax
Income Tax
