#Section 234A
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518 articlesIncome Tax

Income Tax
ITAT Hyderabad: Foreign Tax Relief Must Be Deducted While Computing Interest U/s 234A/B/C
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ITAT Rajkot: Hybrid Seed Company’s Income Held as Agricultural
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ITAT Mumbai: No Section 56(2)(x) Addition if Difference Within 10%-Tolerance Limit Held Retrospective
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Power Agent Cannot Be Taxed Fully- ITAT Restricts Addition to 50%
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Capital Gains Deleted as Land Retained Agricultural Character at Time of Sale
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CSR Donations Allowed Under Section 80G Because No Express Legal Bar: ITAT Pune
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Reassessment Upheld Due to Undisclosed Capital Gains on Registered Sale Deed: ITAT Mumbai
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ITAT Mumbai: AO Cannot Apply 50% Presumptive Rate U/s 44ADA to Business Income Declared U/s 44AD – Addition Deleted
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Income Tax
Sec 154 Cannot Be Used to Deny Sec 11 Exemption on Form 10B Delay – ITAT Restores Benefit
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Income Tax
ITAT Chennai: No Addition U/s 56(2)(vii) Where Valuation Difference Within 10% Tolerance Band
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Delay in Filing Form 9A & Return Should Be Considered for Condonation; Matter Remanded for Fresh Examination
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ITAT Chennai Quashes U/s 153A Additions Based Only on Special Audit Findings
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Oracle India P. Ltd. not permanent establishment of Oracle Systems Corporation
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