#section 37(1)
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616 articlesIncome Tax

Income Tax
Provisioning for Asset Reconstruction Cost justified as AS 29 prescriptions qualified
Income Tax

Income Tax
Employees’ contribution to PF/ESI after statutory due dates not deductible: ITAT Ahmedabad
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Income Tax
Payment of interest and penalty due to default in payment of license fee is revenue expenditure
Income Tax

Income Tax
Income from sale of scrap eligible for deduction u/s. 80IC: ITAT Ahmedabad
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Income Tax
Mining Without EC Not Automatically Illegal; IT Dept May Invoke Sec 37(1) If Declared Illegal – Orissa HC
Income Tax

Income Tax
TDS not deductible as no work performed by JV: ITAT Mumbai
Income Tax

Income Tax
AO cannot disallow tanker expenses on ad-hoc basis without justification: ITAT Raipur
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Income Tax
Expenses incurred by statutory authority was allowable as business expenditure
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Income Tax
Interest on Late TDS Payment Not Deductible; No Addition Without Incriminating Material: ITAT Hyderabad
Income Tax

Income Tax
Alternate claim of delayed payment of PF & ESIC u/s. 37(1) not accepted
Income Tax

Income Tax
ITAT allows Section 80JJAA Deduction & Additional Depreciation on Software Equipment
Income Tax

Income Tax
Taxability of director remuneration: Salary or Business income
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Income Tax
Addition u/s. 69C unwarranted as unaccounted expenditures met out of unaccounted receipts
Income Tax

Income Tax
