#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
Loss of Eligible Business Unit u/s. 80IB(10) can be set off against other business income
Income Tax
Income Tax
TPO to furnish Assessee Info not available in Public domain on which he relied in selecting comparables
Income Tax
Income Tax
No Penalty if Assessee voluntarily & bona fidely declare its income
Income Tax
Income Tax
Addition based on mere Low GP Ratio not justified
Income Tax
Income Tax
No Penalty on additions made on estimation basis without evidencing concealment of income
Income Tax
Income Tax
No formation of opinion by AO if no scrutiny assessment made earlier
Income Tax
Income Tax
If intention for trade in share is earning quick Profit by frequent trading, such profit taxable as business income
Income Tax
Income Tax
Fore initiation of Reassessment AO need not conduct inquiry & nor required to verify information, only nexus between Information & Belief required
Income Tax
Income Tax
Insurance receipt on loss of stock & Technology transfer fee eligible for deduction U/s. 80HHC
Income Tax
Income Tax
