ITAT

  • Income Tax

Disproportionate increase in expenses in relation to turnover not a reason for disallowance – ITAT

Disproportionate increase in expenses in relation to turnover can not be reason in itself for making adhoc disallowance without cogent…

7 years ago
  • Income Tax

Agreement for the supply of equipments-No TDS deductible u/s 194C of Income Tax Act -ITAT

Agreement for the supply of equipments-No TDS deductible u/s 194C of Income Tax Act as per provisions of law, case…

7 years ago
  • Income Tax

On making valid declaration under Direct Tax Resolution Scheme 2016, appeal pending before CIT(A) is deemed withdrawn

On making valid declaration under Direct Tax Resolution Scheme 2016, appeal in respect of the disputed income pending before CIT(A)…

7 years ago
  • Income Tax

Local puja and festival committees donations held business expenditure paid to avoid confrontation and smooth running of business

Local puja and festival committees donations allowed as business expenditure as those contributions were paid to avoid confrontation and to…

7 years ago
  • Income Tax

Registration 12AA cannot be denied on the ground of dissolution clause – ITAT

Registration 12AA cannot be denied on the ground of dissolution clause not providing transfer of income and assets to another…

7 years ago
  • Income Tax

Disallowance u/s 14A read with Rule 8D beyond scope of rectification u/s 154 – ITAT

Disallowance u/s 14A read with Rule 8D beyond scope of rectification u/s 154 as the issue relating to applicability of…

7 years ago
  • Income Tax

TDS provisions not applicable on internet leaseline charges u/s 194-I 194C or 194J of Income Tax Act

TDS provisions not applicable on internet leaseline charges u/s 194-I 194C or 194J of Income Tax Act as assessee only…

7 years ago
  • Income Tax

TDS Provision not applicable where no claim of expenditure was made by the assessee

TDS Provision not applicable where no claim of expenditure was made by the assessee and assessee suo motu made disallowance…

7 years ago
  • Income Tax

Book entry transfer of share application money to capital reserve account not benefit u/s 28(iv) – ITAT

Book entry transfer of share application money to capital reserve account could not be regarded as benefit or perquisite arising…

7 years ago
  • Income Tax

Interest on fixed deposits during construction period held not taxable as FDRs were not made out of borrowed fund

Interest on fixed deposits during construction period held not taxable as FDRs were made out of share application money and…

7 years ago