Reimbursement of expenses not “Work” to fall within the ambit of TDS under section 194C
ITAT Delhi in a recent judgment has held that reimbursement of respective shares in composite expen...
Disallowance u/s 40A(3) for cash payments cannot be made if genuineness not doubted
INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR I.T.A No. 102(Asr)/2014 Assessment Year: 2010...
Section 79 do not apply to carry forward and set off of unabsorbed depreciation in case of change in shareholding
INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCH ‘A’, BANGALORE I.T(TP).A No.635/Bang/2015 (Assessm...
Rent from commercial property taxable as business income not house property
INCOME TAX APPELLATE TRIBUNAL RAJKOT BENCH, RAJKOT ITA No: 337/Rjt/2013 & C.O. No. 3/Rjt/14 Asse...
Addition cannot be made on the basis of the statement recorded during survey under section 133A
INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “C”, NEW DELHI I.T.A. No. 6509/DEL/2014 A.Y. 2010...
Interest on Fixed Deposit given as Bank Guarantee pre-requisite condition to pollution Board is capital receipt as business activities not commenced
INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: ‘‘A’ SMC, NEW DELHI I.T.A .No.-6257/DEL/2015 (ASSES...
AO if not satisfied must compute FMV 56(2)(viia) Rule 115UA himself
Where a method has been prescribed by the legislature, that method alone shall be followed for compu...
Input VAT credit reversal deduction on payment basis u/s 43B irrespective of separate VAT account
INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘SMC’ BENCH, KOLKATA I.T.A. No. 1047/KOL/ 2015 Assessment...
Order passed by CIT-Appeals without waiting for Remand Report called from AO quashed
INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR I.T.A No. 442(Asr)/2013 Assessment Year: 2009...
Penalty 271(1)(c) limitation provisions u/s 2751a apply as per law in force at the time of filing of return
INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR I.T.A No.137(Asr)/2014 Assessment Year: 1994-...