#section 37(1)
Log in to FollowEvery article filed under the “section 37(1)” tag — analysis, news and updates.
555 articlesIncome Tax
Income Tax
Allegation of bogus purchase without verification of books not justifiable: Kerala HC
Income Tax
Income Tax
No Need to Prove Bad Debt Once Written Off in books: ITAT Hyderabad
Income Tax
Income Tax
Matter remitted as lower authorities failed to examine evidences with regard to deduction u/s. 80P(2)(a)(i)
Income Tax
Income Tax
Disallowance u/s. 36(1)(va) justified since employee’s contribution deposited after due date: ITAT Surat
Income Tax
Income Tax
No TDS Disallowance u/s 40(a)(i) due to lack of incriminating evidence in sec.153A assessment
Income Tax
Income Tax
Grant-in-aid incurred wholly and exclusively for business is deductible: ITAT Delhi
Income Tax
Income Tax
Reopening assessment u/s. 147 void-ab-initio as issue already dealt in original assessment
Fema / RBI
Fema / RBI
Amount transferred to statutory reserve as per RBI Act not deductible from assessable income
Income Tax
Income Tax
Revisionary jurisdiction u/s. 263 not invocable when AO took legally plausible view: ITAT Ahmedabad
Income Tax
Income Tax
No TDS liability u/s 195 on sales commission paid to overseas subsidiary for non-technical services as same was not ‘FTS’
Income Tax
Income Tax
Goodwill is an intangible asset which is eligible for depreciation: Delhi HC
Income Tax
Income Tax
Proving debt become irrecoverable not required after 01.04.1989: ITAT Delhi
Income Tax
Income Tax
Interest on delayed payment of custom duty deductible u/s. 37: ITAT Bangalore
Income Tax
Income Tax
