#section 37(1)
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553 articlesIncome Tax

Income Tax
CSR Donations Eligible for Section 80G Relief as Section 37 Disallowance Does Not Bar Chapter VI-A Deduction
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Income Tax
Bangalore ITAT Deletes Ad-Hoc Transport Expense Disallowance: AO Can’t Expect Perfect Vouchers for Highway Expenses
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Bangalore ITAT Grants Indexation on Housing Loan Interest to NRI
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ITAT Mumbai Allows Gift Card Discount Claim as Liability Crystallised at Time of Sale
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Suspicion, Technicalities & Guesswork Cannot Replace Evidence: Delhi ITAT
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ITAT Deletes Bogus Purchase Addition as Supplier’s Non-Reply Alone Cannot Prove Transactions Fake
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SC: Interest on Borrowed Funds Allowed Even for Investment Through Group Concerns – Commercial Expediency Prevails
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SC Allows Deduction of Grants as They Were Part of Statutory Business Activity
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No Double Taxation Allowed Even if Expense Claim Found Non-Genuine: ITAT Mumbai
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DSIR’s Partial Approval Cannot Restrict Pre-2016 R&D Deduction Claim: ITAT Chennai
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ITAT Deletes ₹6.75 Crore Professional Fee Disallowance Linked to Iran Sanction Banking Issues
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Suppliers Ignoring Section 133(6) Notices Alone Can’t Make Purchases Bogus: ITAT Gives Fresh Lifeline to Liquor Trader
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No Fresh Share Premium, No Section 68 Addition: ITAT Mumbai
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