#section 37(1)
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615 articlesIncome Tax

Income Tax
CSR Donation Eligible for Section 80G Despite Section 37(1) Disallowance: Delhi ITAT
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CSR Donations Eligible for Section 80G Deduction Despite Section 37(1) Disallowance: Delhi ITAT
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Section 80G Deduction on Eligible CSR Donations Allowed Despite Section 37(1) Disallowance: ITAT Delhi
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Only 2% Net Profit on Unaccounted Sales Taxable: ITAT Mumbai
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Holding Company’s Share Issue Cannot Secure Section 72A(4) Demerger Benefit: ITAT Mumbai
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Unaccounted sales must be taxed on net profit basis, not on gross profit: ITAT Delhi
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Compensatory Interest, Section 80G CSR Deduction and Workforce Depreciation Allowable: Delhi ITAT
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Receipt of interest by foreign banks on foreign currency loans to Indian concerns was taxable on gross basis
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Section 37(1) Business Expenditure Cannot Be Disallowed Without Adverse Findings: ITAT Jodhpur
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Accrued Business Liability Deductible Despite Future Payment: ITAT Mumbai
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Section 80G Deduction on Eligible CSR Donations Cannot Be Denied Solely Due to CSR Nature: ITAT Mumbai
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Higher Employee Remuneration Cannot Be Rejected Solely Due to Lower Revenue
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Section 43CA Inapplicable to Property Transactions Initiated Before 1 April 2014: ITAT Mumbai
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