#section 37(1)
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615 articlesIncome Tax
Income Tax
Section 263 Quashed as AO Examined LTCG Exemption for Insurers
Income Tax
Income Tax
ITAT Mumbai Quashed Section 263 revision as AO Took Plausible View on Deductions
Income Tax
Income Tax
Section 263 Invoked Because Education Cess Claim Was Not Examined in Limited Scrutiny
Income Tax
Income Tax
Self-Made Vouchers Alone Can’t Justify 20%–50% Expense Cuts
Income Tax
Income Tax
No Remand for AO’s Lapse: Section 80JJAA Claim Restored by ITAT
Income Tax
Income Tax
Bogus Purchases Must Be Taxed Under Section 69C, Not 37(1)
Income Tax
Income Tax
Faulty Chronology of Notices Vitiates Appellate Order
Income Tax
Income Tax
Accepted Project Revenue Confirms Genuineness of Related Purchases
Income Tax
Income Tax
PCIT Can’t Convert Bogus Purchases Into U/s 69C to Apply U/s 115BBE
Income Tax
Income Tax
Survey-Based Suspicion Not Enough: AMP & Credit-Note Payments Allowed by ITAT
Income Tax
Income Tax
Zero Revenue Alone Not a Ground to Disallow Business Expenses: ITAT Delhi
Income Tax
Income Tax
Provision of future expense allowed as deduction u/s. 37(1) based on matching principle of accountancy
Income Tax
Income Tax
No TDS Required on Foreign Agent Commission Since Income Not Taxable in India: ITAT Ahmedabad
Income Tax
Income Tax
