#section 37(1)
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615 articlesIncome Tax
Income Tax
Deduction u/s 80G for donations forming part of spend towards CSR available
Income Tax
Income Tax
Cenvat credit left on closure of manufacturing unit allowable as deduction u/s 37(1)
Income Tax
Income Tax
Loss due to embezzlement by employees allowable as deduction u/s 28
Income Tax
Income Tax
TPO’s scope is limited to computing arm’s length price of a transaction
Income Tax
Income Tax
Profit estimation of 10% instead of 8% adopted under presumptive taxation scheme justified
Income Tax
Income Tax
Change of opinion impermissible under the grab of reopening u/s 147
Income Tax
Income Tax
Interest on Delayed TDS Payment not allowable as Business Expenditure
Income Tax
Income Tax
Disallowance of part of commission payment as business expenditure unjustified
Income Tax
Income Tax
Revision u/s 263 for non-invocation of section 115BBE on addition u/s 68 towards unexplained sundry creditors justified
Income Tax
Income Tax
Disallowance of staff welfare expenditure resorting to adhoc base unsustainable
Income Tax
Income Tax
Addition based on statements alone without any other corroborative evidence unsustainable
Income Tax
Income Tax
ITAT allows Electricity expenses which were disallowed on mere presumptions
Income Tax
Income Tax
Section 194H doesn’t apply on sells of pre-paid SIM at discounted price to distributors
Income Tax
Income Tax
