#section 37(1)
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615 articlesIncome Tax

Income Tax
ITAT Chennai Allows Transit Shortage Payment claim which was Compensatory Not Penal
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Income Tax
Bogus Purchase Addition Quashed as GST Records Proved Genuineness: ITAT Lucknow
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Double Addition in Intimation and Rectification: ITAT Delhi Orders Review
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Search Assessment – Suppressed Sales Deleted, Sec 37(1) Expenses Allowed & CWIP Write-Off Treated as Revenue – 143(3) Order Quashed – ITAT Mumbai
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Income Tax
Festival Donations Allowed u/s 37(1); No 40A(ia) Disallowance Below TDS Limit; Interest Addition Upheld: ITAT Kolkata
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Annual Software License Expenses Held Revenue in Nature – No Enduring Benefit: ITAT Mumbai
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Bogus Purchase Addition Restricted to 10% – CIT(A) Relief Upheld
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Deeming fiction of section 50C not extended while working WDV to claim depreciation on block of asset
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Madras HC Allows Loss & Depreciation Set-Off After Transport Corporation Amalgamation
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Section 37 Relief Granted Because Payment Was Not Hit by Pre-2015 CSR Bar
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Section 143(1) Adjustment on PF–ESI Sent Back for Proper Fact Check
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ITAT Hyderabad Condoned 506-Day Delay; Ad Spend Allowed; Alleged Coerced Share Sale Ground Admitted
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Income Tax
Section 270A Penalty Deleted for Suo Motu Withdrawal of Education Cess Claim
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Income Tax
