Without change in facts, situation or law, Revenue can not take different stand. Rent taken as house property income not business
In case there is no change in the facts, situation or in law, the Revenue cannot be allowed to adop...
Assessee not liable to LTCG as registered owner where land leased to builder for flats construction and payments received directly by builder
Assessee not liable to Long Term Capital Gain for being registered owner where the land was leased o...
CIT Appeals order passed ex parte without giving another opportunity or mentioning reasons for additions sustained is bad
INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH ‘A’, KOLKATA ITA No. 766/Kol/2013 : Asstt. Year : 20...
Property Fair market value as on 01-04-1981 based on market rates taken from Sub-Registry records not without basis
The fair market value of the property as on 01.04.1981 by the Registered Valuer on the basis of pre...
Loans Advance given on interest not deemed dividend u/s 2(22)(e) as the shareholder do not derive any benefit from the funds of the company
When the company was compensated by way of interest on loan taken, the assessee shareholder in real ...
Computation of disallowance u/s 14A , Rule 8D-Bank Charges for Export Service not includible
ITAT Delhi in a recent judgment has held that bank charges pertaining to exports services have no re...
Disallowance 14A Rule 8D3-Computation of total Assets include current liabilities also
ITAT Delhi in a recent judgment has remanded the case to the Assessing Officer noticing that the AO ...
No requirement to file separate appeals against TDS default u/s 201(1) and interest default 201(1A) to work tax effect
In a recent judgment, ITAT, New Delhi has dismissed the contention of the assessee that the Rev...
Payments to Singer Performer in Hotel liable for TDS u/s 194C as contractual not professional u/s 194J
In a recent judgment, ITAT, New Delhi has ruled that payment made to a singer group for performing i...
CIT Revision u/s 263 unjustified alleging wiping out income surrendered u/s 133A treating it business income and not separately u/s 69A
INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR I.T.A No. 203(Asr)/2014 Assessment Year: 2009...